Member Info for Flashy500

"Seems the uncertainty has now been removed" ? I think exactly the opposite.

Just 10% down. This is annoying. Day needs to do more to get a grip of the narrative - regular updates like we had with GH might be a good start.

I agree that building a new Telfer would be hugely expensive, and I also know that decom Telfer would be likewise. So how so we get a value between them? Time is also a cost implication here if both sides decide to pay hardball with it - NM aren't in an urgent rush to divest it as it's still got stuff coming in and they know it's going be next to impossible to build a new one, so GGP has the bigger need which isn't in our favour to negotiate.

Tefler is the big unknown that I feel is holding the SP back. It's key to our business model so if there is any funny games there it could overturn the apple cart. Other investors have told me not to worry about it, that we could buy it for a quid as decommissioning costs are so high, The prob is if there is a delay in any decision which could hold up time to mine at Hav. Any thoughts on this?

I'm presuming that this also means the consolidation is delayed now as well? Hopefully we'll get the share price growth we need for the ASX listing from the MRE now.

If he wants an ASX listing then the SP needs to be higher around 10p I think. The only way he can get that in the next few weeks is via a consolidation, as it seems that news is low in supply and we're now victim of Newmont's whims. Until there is calrity here, I don't see any big driver for an SP rise - even an updated resource (which, let's face is, is already a known factor amongst close GGP followers).

Good interview. Cheers.

He's an absolute pompous clown. I watched some of his responses to the parliamentary session last week - he's so out of his depth it's unreal.

The news out tomorrow and next week about us regional banks might be acting as a fear - although in reality I think it makes the bigger banks stronger as depositors have been moving out of the smaller ones into the larger ones. But the sector itseld might take a hit.

I remember that day back in 2008 0r 09 or whenever it was. Put in 10k and made 17% in a day. Then I sold, and waited for it to retreat a bit, only to see it go up to £3.60 or so in 6 months.......RRAWRERRR!!!

Yep they will be with today's inflation figs out.

Rather large spread . . .

I know he wasn't a fraudster and I never said he was. But your belief that he had 'paid' is nonsesne. I wish I could get punished like he was: £400k pension a year . . .

" Fred the Shred was certainly held accountable " - that's the best joke I've heard this year. He was NOT held accountable in any meaningful way.

To me this sounds like a 'pre-emptive bailout.' CS were likley going to go under if it wasn't done. This now begs the question of the health of hte banking ecosystem - there have been concerns around Deutsch and UBS so the CS agreement here does nothing for them - so will the fires spread?

The FT has just reported that the Swiss will provide CS liquidity if needed - is that an admission that something has bascially gone wrong though? I'm not convinced this story has played out yet - and there are others looking a bit shaky.

Triumph1: Just imagine it's all a plan by Saudi to get control of CS - all the 'soft power' that would give them having access to all the data on the private wealthy clients across the globe . . . Nice little coup if the Swiss won't rescue it (which they almost certainly will).

Was CS known about ages ago? The fact that they have found gap in its financial reporting only came out yesterday. It's known to be a basket case, granted, but not that it wasn't reporintg.

Me too on Mon morning. Though it was about SVB and didn't realise CS was on the precipice.

Is it overblown if CS topples?