Member Info for Jambo813

All that matters is the next update from NCM
THEN the next after that and so on and on and on.
( the more ons the better)
Sprinkled with positive news from other GGP licences and not to mention other JV .
What goes no inbetween is totally inconsequential unless you are trading the blips and dips , which many do and in part explains the sp behaviour.
Other than that you can always expect the odd large trade either way. So what and who really should care other than the nervous and impatient.
GLA

Spread betting is a fact of life and covers most stocks and in most markets. If you see that Spreadex are holding a position it is a good omen as the mostly professionals that deal in them have taken long positions via CFD contract and the like. Spreadex are merely hedging by taking long positions in the underlying shares.
Nothing wrong with that is there ?

Why in gods earth should the MMs worry about anyone who is shorting a stock. Please explain

The piece about any dividend process was irrelevant and could only be aimed at a few shareholders ( I hope so anyway) that have no idea how it would work.
The main aim of it is probably to keep the majority of shareholders on side with the carrot of mentioning it but at same time having zero to report on the progress.

Right now ahead of news. They have done this before and now again.
Expectation of positive news next on Haverion and if good enough could add double digit % so plenty headroom to take SP into the 20 range.
News expected on other site exploration with less chance of 1st strike so current sp would be put under pressure and MMS would look for even more easy cheap pickings . I expect a roller coaster in the SP .

@Redirons
No point really as was just putting thought out loud in print and as we are looking to be a miner trying to compare us with a miner . NCM was the obvious choice but if to make a summary / conclusion then logically if the positive impact on both NCM and GGP s SP is to be the same and from the same starting point then whatever value we have invested in GGP it would logically be better invested in NCM
Only question now though is GGP currently undervalued and obviously what more elsewhere can be discovered by GGP ( that’s why I am sticking)

Newcrest shares in issue 816,071,894
Mkt cap A$ 21,216,840,404.00 ( £11.45 B)
Assets £7.12 B Liability £2.48 B
Now if GGP had a 1 for 4.836 share consolidation GGP would have the same shares 816,071,894 in issue as NCM
and our share price would be approx 95p compared to an NCM price of £14
Now for those who are predicting GGP will be worth £1 by year end on our current 3.947 B shares that would mean post consolidation the SP would need to be at around £5
Given this £4 rise would be on the back of our 30% share in Haverion then surely NCM would expect their 70% share to reflect a £9.33 rise in their SP equivalent to A$17.27

TBofB
Totally correct

I am no expert on the most valuable assets we have in the ground however on the limited research I have done am aware the Russian state gets first choice on minerals they deem of National importance.
So my question to those who speculate consortiums from Japan or Tesla wanted to secure certain supplies, if Russia want same then would this not put a block on any deal.
The state by the way pay the going rate for anything they want to take up.

I don’t buy into the opinion of many who think negative posters can force the SP down by flushing out sellers to “get our shares “
Really? If anyone wants to buy they only have to place their order, the MMs will supply the shares and if you think about it anyone stupid enough to think a few posters negative or positive have any influence on the SP of a company with x billions of shares in issue is totally deluded.
Influence an insignificant buy or sell decision of the odd PI now and then perhaps, but no way the SP.

Putin or the Russian state will not Rob you, that is complete nonsense.
Russian mining regulations do stipulate though that some minerals that are mined are classed as National importance and the Russian state get first dibs on them. The state can in effect squire them at the going market rate.
That could I suppose put off any potential buyer of our assets if our assets have minerals that fall into this category

All the best in what you do TMT big thumbs up.

That’s interesting Floater and if it was the reason and they believe it helped their SP then I would expect they could well do the same with Haverion .
Think any company would not pass up on a chance to boost their SP no matter how it is performing.
A good reason not to be out of the share at any time.

Just pondering whether NCM could announce any MRE update outside of their scheduled quarterly / mid timetables .
Did they not do this earlier this year with RED Chris.

I think it is not the market that does not get it but some here .
You have to go on what is formally announced to date in terms of what is in the ground . Sure there is bags of potential it will grow but that still remains potential.
Factor risk in and up front mining costs on the what we know assets in the here and now then work out an expected dividend on 4 b shares post tax and ongoing capital retained , tell me how much you would pay per share for a dividend of say 2 or 3 p over say 20 years.
We need to wait until the resource grows , get nearer to mining and by which time this great exploration company makes further discoveries. If mor is there they will find it.

@Nitrokev and your 4 likes
All of you have flawed logic if you believe it is not dikution

End of journey,no more gold to be found
Oh hud on!
- High-grade Crescent Zone remains open at depth.
- Additional mineralisation identified in Northern Breccia Zone, highlighting the potential for resource extensions outside the existing resource shell.

I was in a stock about 3 years ago, I think Lyons Gold, a miner that was forming a partnership with a bank that would offer a bank account that was backed by actual gold and your balance basically followed the gold price. A bank card would be issued on the account.
I sold out and think they got suspended not long afterwards

And all still open would be more than nice.

Knowing what the MMS hold at any time would be interesting