Member Info for Dunk_Biscuit

It's a bit like owning a small plot of land when the developers move in . You refuse to sell until you get your price !

Of course it would be profitable. Any new buyer would want the whole of Hav. because of the huge costs attached to the closure of Telfer but spread over a ten year period it's not too painful is it 👌

If Greatland are outbid for Telfer and 70% of Hav. then GGP will surely sell up their 30% at a premium price . Any new buyer wanting both will probably want the whole of Hav. just to cover the costs of the eventual closure of Telfer which would be at least a decade away from now .

You would only buy Telfer if you could also buy Hav .. Does anyone subscribe to the Australian ? I haven't read the article (not a subscriber ) . Look at the size of that hole !

https://www.theaustralian.com.au/business/dataroom/buyers-line-up-for-newmonts-telfer-mine-stake/news-story/a3af743f8eee448a4d6af1f8379bf23b

No RNS could suggest that talks are already in full swing !

Good luck folks 👍 DYOR etc. etc..

It would be great if Wyloo could be part of it I'm hoping for a 50/50 Wyloo/Greatland Telfer+Hav.

My prediction would be Telfer and Hav. run as a 50/50 joint venture ....Wyloo and Greatland as long as they can get Telfer for a nominal fee . Only my opinion. Perhaps someone has mentioned it before but I think it's the most likely outcome. DYOR etc etc . Good luck 👍

I think it's market makers unable to work out the possible options ahead so they stick a huge spread on whilst they get their analysts to scratch their heads . We are so close to the ore body which means it will just carry on as normal for the next year . Then once the ore body has been reached the whole project will be sold off to the highest bidder . Greatland will either be part of it or will sell up their 30% . Either way it's worth much more than the current share price ! That's my view on this situation.

What is there not to like about this !!

Lots of news to come !!

https://youtu.be/OLtoKpXsJoU?feature=shared

I don't want to get back in at all Harley and certainly not paid tsbs1 .

Just try to dodge the dilutions that's all I'm saying...it's very difficult to judge !

Good luck folks 👍

@TotallyDilutedWealth , I don't have prostate problems thanks very much 🤣 Try not to get personal 🙃

There are 6 billion reasons why you guys should consider your options 🤔 Ha , did you see what I did there 🤣

Must get back to my Garibaldi biscuits 😋

Good luck 👍

There are options & convertible notes which don't have to be converted or exercised any time soon but on top of that you have the raising of funds through the stock market to look forward to folks .

After all of that how much do you think your shares that you hold currently will be worth ??

DYOR but it isn't looking good from where I'm sitting !

You all have to make your own decisions about investing 💰 money ...but I for one am out !

It might as well be 🤣

It's not good . Existing share holders will be diluted into oblivion. There is no way on earth I would 'invest' any money here . That's why I sold . It happens so many times with AIM companies I'm afraid.

Great ideas but a huge amount of time and money needed to get those ideas to market .

Sorry to be so negative but I have learnt through bitter experience.

I've recently joined this forum but have been investing all my life . I'm 60 years old and just trying to pass on some experience. I have researched DGI and probably know more than most . But thanks for your kind words 🤣

Well , TotalWealth, if you think £4 million of soon-to-expire warrants can build an electric engine factory and "mass-produce" them then think again ! So where do you think the money will come from ??

The MOD ? They aren't going to set up a factory for DGI are they ? Answer...NO of course not !

Funding for proof of concept from a tier 1 supplier isn't going to build your engine factory either .

OK so you ask a whole bunch of engineering subcontractors to make all the components ...very costly .

Who is going to pay the staff and management ?

The only way is to raise money through the stock market ...in doing so your TotalWealth will decrease drastically. Perhaps you need to change your name to DiminishedWealth 🤣

Hi Staylong , I do understand that with a name like yours staying long is probably in your comfort zone and if that's your style then you carry on regardless !

I'm certainly not related to that other geezer !

I have no motivation with my comments...just experience of being caught out by dilution. Certainly not a 'deramper' .

Sorry spelt your 'name' incorrectly tsbs1 !

Tabs, don't want to get soggy thanks ! That's what happens when you linger too long . You might get caught out and dissolve completely !