It is still possible the recent drills were exploring best decline route and just as possible NC are more than delighted to report oz between 5 and 10 We all hope for more but none of us really know anything for sure and so as the SP rises on expectations the stakes get higher. All down to keeping the faith as many have over recent years.
RE: All over the news like a spreading rash23 Apr 2020 13:42
No it should not and if they want to be mischievous can chat to GGP any time they wish, even make an informal offer on anything GGP owns. Ggp will be obliged to let NC know whatever it is , as could only proceed if NC do not want to engage, ie match or better same. Not saying this is happening though.
They play a simple game take a few small buy trades at 8 Raise the bid and collect for a while, if they do then push through the 8. Same at 7 and repeat at 9
RE: He did work at Telfer! - Don't shoot the messenger22 Apr 2020 15:04
Does not change me grounded expectations between 7 and 10 m oz with potential on other projects. When DL is pumping his own interests as well as GGP pays even more to not get carried away.
Beetham actually never said he was not selling or buying for that matter and how many times have we seen posts from others saying they had or were about to have a nice wee top slice , free ride etc. Perhaps he did intend to offload some for his own reasons but still has his view on the 11p . Could never fathom, and said so, when he announced on here he was going to buy another 20 or 30 million and did. That must have cost him a bit more as MMs knew. Perhaps he learned a lesson there.
, Newcrest described the grades it has seen at the deposit as “unique” for the region. I take it Telfer itself being only 40 odd km away qualifies for being in the region.
Me too. So let’s just say it is all worth between 1p and Gbp 1,000,000,000,000,000,000,000,000 There, that should cover it. Just take your pick everyone And keep it to yourselves Lol
Actually I think it would be GGP who would declare it first as they may say either they recommend or have rejected any offer and obviously give their reasons.
The text followed the latest results for Red Chris and Haverion. Sorry if I got it wrong Arne, I did not realise Red Chris will feed Telfer. Good night!
NC quarterly report. The potential for discoveries and developments in the Paterson Province to be quickly brought to market by utilising the plant and infrastructure assets at Telfer is a real win-win for our shareholders, joint venture partners and the local community” said Mr Biswas. That will do for me
Thinking about it, if SB is confident we are about to be taken out at 11p and already stated he is happy to take whatever is offered. Not like SB to turn down a chance to make more, so was his post a sublime message to the MMs who may also believe he is about to offload on the rise up and suppress the SP and he is on the buy button again. Never can tell with this bloke LOL
That’s my thinking too, especially if we can get some decent results from Scally or elsewhere. Gives us a choice to stay involved in the other projects which if bear fruit is good for NC and us.
On the SP journey up to near 11p there will always be some sellers and buyers too. We are likely to pretty well know the oz. If you are correct the offer will likely come before it hits 11p. If it does you can reject the offer on the remaining shares you have not sold by then. So can we if we choose.
Doing my best Mickey think god put me here as a counter to your enthusiasm Lol And by the way, who exactly in OZ Are talking about the GGP sp. I would have thought they would be talking more about NC if size of Kalgoorlie. We will soon have an idea though so GLA