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I have a feeling and it’s just that and no more, we are entering a phase where the SP is going to rise ahead of scheduled news spike on the news- fall back a bit but maintain an upward trajectory. Bit like the good old days
MHO1 what did I say that leads you to think that I don’t believe /think the future revenue value of 5% far exceeds CAPEX. My point is that 5% of CAPEX is a value and if NCM were to include that as an additional cost and offset against their valuation of the 5% it may explain part of the difference between their and GGPs valuation.
As that would be a saving to GGPs share of the CAPEX I’m sure GGP would be quiet happy not to have mentioned it at all.
Of the 5%
Not sure if been mentioned before or if indeed relevant, but s there another part of this that can be taken into the equation and that is the value of the capital expenditure that GGP have to come up with ?
If we offload the 5% before that is due then we have a saving and NCMs cost rises.
Just musing this
That’s why a straightforward communication to the opposite question - is the sale(s) still progressing - is the conundrum here. What on gods earth is preventing that ?
Silence is damaging on multiple fronts
On the contrary if you think IMO Fridays spike on demand for 7m shares v the shares in issue is a fair reflection of that particular trade then you would expect and achieve much greater rises on daily similar demands.
Supply and demand overrides all else so wait and see when it does.
I would make the 400 odd mile trip myself but hoping only for 22 May , Scottish Cup final - assuming we beat the wee team in the semi.
If not, will try instead for this meet up
Aye so what!
Multiple work streams could mean anything. Why could they not just confirm an asset sale is or has progressed further. ( even if not yet completed)
They have led us to believe they started so until it ends the assumption is it is still in progress. If that is the case there is nothing to prevent them putting that into print.
So why not is my question
@Travis
You can sell your shares whenever you want as your account will have an open / unsettled loan return trade with a settlement date that is dated the following day of the original loan bargain.
Usual business would be for the lender to contact the borrower to give them a heads up they require the loaned shares to be returned.
What does this 100% represent ? Whole licence or just the area for the MRE ? Confused!
“Results represent 100% of the Mineral Resource for Havieron. Mineral Resources in the Crescent are reported within a A$80 NSR/t shell while Mineral Resources in the Breccias are reported within a A$50 NSR/t shell. Resources are inclusive of Reserves”