We would love to hear your thoughts about our site and services, please take our survey here.
Interesting read.
Strong indication - IMHO - is that NCM have been heavily investing in their future prospects, and the numbers are quite big - but as gold and copper prices stand, this should bear fruition quite quickly. Whilst they do not appear to have become over-reached, you can see why some of the NCM shareholders are calling for a pause in investment so that they can reap the rewards of the recent policy.
Logistically, NCM need to convert some of this potential into gold ounces for sale - so it continues to be in their interests to get HAV producing just as quickly as possible.
Pete
Capex in the billions - but very low cost mine, early capex paid from early extraction.
A balanced view is welcome, and you bring something to that, but you then go on the offensive in accusing all and sundry of denial!
Jerry, Paddy, Magic, Bamps - and others.
Thank you for your time and efforts in sharing.
Whereas you surely had good cause to attend at a personal level, your selflessly putting in print the viewpoints you were left with from the event are much appreciated.
I am no lawyer, but it appears to me that the change of ownership clause would be standard in many legal agreements of this magnitude, and not necessarily every single detail would have to be spelled out on an RNS.
In the event that anyone viewed this as being contentious, the time difference from the original agreement to the 'purchase' of 75% will doubtlessly have been considerably longer than the time from NCM owning 75% to the decision to mine.
IMHO
Thanks Zoros.
I think Shaun has previously intimated any future expenditure not met by existing cash resources would be funded by loans, and possible further share dilution (not ruled out entirely).
I would be interested in knowing what the plans are for the Tasmanian assets if no sale or part-sale of these is forthcoming.
When does he anticipate (month/quarter and year) it likely that the decision to mine and final issuance of shares (in respect of the original agreement to buy Havieron) will take place?
Bamps
Understand your viewpoint - and these are just that, theories.
Guess a lot of angst created around the apparent 'putting back' of the MRE2 and also SHAUN's apparent surprise at this.
SB's team might just be too busy, or deliberately dragging their feet, but in either case that really makes a statement about how they feel they can treat their junior partner, realising how important all of this must be to GGP.
Round, like a circle in a spiral, like a wheel within a wheel.........
Like the circles that you find in the windmills of your mind
Like a tunnel that you follow to a tunnel of its own
Down a hollow to a cavern where the sun has never shone