Mumbo_Jumbo missing since yesterday morning when the SP started to bounce, now isn't that strange? Excellent week folks, the cream always rises to the top. Enjoy your weekends, you've earned it!
RE: Personally disappointed about rise21 Jul 2022 19:40
Ontthebottomrung - so you must think that the $60m is absolutely tremendous for us and the team did an exceptional job to increase shareholder value. Is that what you’re saying?
“In March 2022, Greatland submitted a non-binding offer to Newcrest to acquire a 5% stake in Havieron for a substantially higher value than determined as the option price. Greatland did so because it considered the value of Havieron to be well above the value implied by the option price and would, in the opinion of the directors, still have presented a financially compelling outcome to Greatland shareholders. Newcrest did not engage on this offer.”
Read it. Read it again. And read it once more for good measure.
We offered to purchase the 5% for more than the option and got ignored by NCM. Shaun is a masterclass of a MD.
The 5% figure is agreed and we now must move on. Some here over-egged it and that did nobody any favours. The real value is now in the 25% and we aren’t obliged to sell any of it.
A clear arrival of FUD spreaders have arrived since the announcement which further proves what everybody already knew.
Be prepared for Shaun to pull out a few aces now this is done. A huge legacy issue is now behind us and we can all move forward together towards funding and the FS.
GLA genuine holders, another road block has been removed in our journey towards free cash flow.
Seriously scratching my head that people are taking this most tenuous of links and taking it as positive Sareum news. We aren’t the only company he is involved with. He second retweet is about MGC Pharma, what about it being about them?