Excellent point Iceberg If the takeover of CGP requires shareholder approval, will BHP and ( more to the point ) Newcrest be so willing to give theirs , bearing in mind the events of the last couple of weeks?
Q .... wonder if he may Show Franco one or two of the other sites while they are there..... they might want to get into another project or two early on .....more likely straightforward equity I guess as per usual for early drilling etc
Yep agreed ..... I believe NM does want to take this to production, however , how likely is it he can do this without having to fend off any offers along the way? I’m also very much of the opinion that every man has his price
Colonel NM echoed your sentiments re pi’s the other day
“Financing and feasibility will be good for project value and hence share value. The problem is that it doesnt translate into stock prices because the shareholders are inherently sellers always. They only buy to sell at a higher price later. If it doesn't go up quickly or enough after news they sell, creating a self fulfilling prophecy. Read the chat sites !
Morning all Was very pleased with the way both NM and The Hoff were insistent that the problems caused by Covid should in no way delay or hamper DFS , They seemed very confident in their time lines which for them is quite surprising
I would imagine because they know something that is not available to the market in general ... Those expecting the share price to rocket on a webinar are going to be disappointed but on the whole I think its great that they want to engage with pi's on a regular basis and were happy to answer any questions the could
I agree Add ..... if Nick ever wants to achieve full value he can never give any indication that he would do anything other than see this through to production....... on the other hand he might just do that ..... doh !!!