Member Info for FredDobbs

Well, SD talks a good game and has sucked in plenty of fools at the townhall. He's delivered zero value, actually value destruction since taking over.

Whats next, a consolidation in a position of real weakness, but never mind, the townhall happy clappers will still love him.

Shocking performance.

Be wary of those who spout, "in Shaun we trust"

Corporate Aussies doing in the UK investors.

"If Shaun goes ahead with this then it will just be Shaun Day doing what he does best, shareholder dilution and capital raise at mates rates!"

It looks odds on he will do it, despite telling us after the last one, were fully funded.

Now you know why the listing will happen before any upgrade in MRE, this will really be a kick in the teeth.

"Tom knows what day it is. Sherry on the other hand..."

How rude and disrespectful.

Says some anonymous gob on a stick on a bulletin board, she, for your information is the Boss of Newcrest mining, WTF are you?

"There is no certainty that the Revised Proposal will result in a binding offer for consideration by shareholders."

Very interesting indeed.

It makes you wonder the real reason for this extension, is it just to formalise their offer or have they found something they don't like?

Or is it to do with what they want to keep and not want to keep and are negotiating with A. N. Other regarding one or more of NCM JV's?

One way of looking at it, SD knows Newmont's criteria is 10yr life 500k/oz,. low cost.

And he knows the MRE upgrade will back that up, so, an MRE of 10m/oz incoming.

"Tier 1 deposits are “Company making” mines. They are large, long life and low cost."

Barrick and Newmont Tier 1 classification.

"Tier 1 Gold – a reserve potential to deliver +10 years at +500koz p.a. in the lower half of the cost profile"

"Shaun has been calling it a World class orebody and it is a significant find but it is nowhere near a World class classification.

The presentation is saying a Tier 1 foundation asset, Newcrest latest presentation is still classing as a Tier 2."

If anyone else had written that, they would have been hounded and abused off the board for being negative.

GGP say it's a Tier 1, for the hard of reading, a Tier 1.

In the grand scheme of things, it's not about Hav Tier 1, thats been known for some time, unofficially.

It's more about, how many Tier 1 deposits is GGP sitting on, over it's real estate?

"Hi Goldworm that’s not the criteria Newcrest use it’s 15 years and 300k oz"

And that's about to become irrelevant.

"Tier 1 foundation asset I’m not sure what that term infers to"

Quite simply means, the foundation upon which Greatland Gold sits.

The companies foundation, a Tier 1 asset.

You can only call it Tier 1 if you have the data to back it up, so clearly they have the data, as do Newcrest and Newmont.

This official unveiling of a Tier 1 mine is a first for Havieron, some large institutions will only invest in Tier 1 and Majors are always interested in Tier 1.

This is a catalyst that should revive sentiment and start to push us up the value curve.

"The market did value us at 38p prior to considerable further developments. That's a fact"

Yes, and I know last week's winning lottery numbers, but no good now are they?

The "Facts...known to us." right now are being valued at 9p, that's a fact whether we like it or not. If the market values us at 50p or higher, then great.

You will never see a offer of 45-50p whilst the market is holding us at 9p, as dirty a game as they are playing, that is that. we need fair value right now on known facts so we can build in a reasonable premium for any potential offer.

"It would have to be £1 for me ....thats fair value."

As much as I would like to see 50p or a quid, what are you basing your figures on?

A lot of hysteria going on here, keep it real.

Or are you talking after consolidation?

"45/50p would be around a starting point."

So as not to be called a reckless ramper, what do you calculate those numbers on?

Surely not because you've heard its big.

Give a simple math calc to back it up.

pottersfield,

"Fred Dobbs is Joe Bass"

I've always considered your posts to be a little INTELLECTUALLY DISABLED, but wasn't 100% sure.

Your last post proves me right beyond any doubt.

"Is an acquisition a change of control?
One of the most common ways for a change of control clause to be triggered is through mergers and acquisitions (M&A)."

"What constitutes a change of control in a company?
A change of control is a change in a company's ownership or management that results in the decision-making capacity of that entity being exercised by a different group of shareholders and/or directors."

I guess it all depends if a change of control clause is in the JV contract.
If not, then it's a poor contract for us.

Further, I never believed Wyloo are here for Havieron anyway, more for the collective than the individual.
I meet with some serious investors monthly and there is a view that GGP have much more than many can fathom, in other areas.

"I cannot see Newmont getting 100% ownership of Havieron."

Well I guess it depends on what you call "eye-watering"
Never say never, no one saw this Newmont deal 18 months ago and some of you were touting Biswass for RIO ceo.