Senior Surveyor. I could do that job. All you have to do is stand on the Hav red dirt and point as you turn around.
"There's gold there, and there, and over there, and wait a minute, it's there as well, hang on I missed a bit, oh darn it, it's everywhere ..."
:)
Hi sAs, Sorry, I should have typed a question mark at the end of my first line, which totally changes the way it reads/the meaning. Never mind :) I think there's one rule for the poor and one rule for the rich, who seem to do as they please and get away with it. That's my thought for today.
Enjoy the rest of Valentine's Day, peeps :)))
So, according to this, from the Rules you found, sAs, I was right.
5.1.2 R 5.1.3 R
¦ Release 4 ? Feb 2021 www.handbook.fca.org.uk DTR 5/3
A person must notify the issuer of the percentage of its voting rights he
holds as shareholder or holds or is deemed to hold through his direct or
indirect holding of financial instruments falling within ¦ DTR 5.3.1R (1) (or a
combination of such holdings) if the percentage of those voting rights:
(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10%
and each 1% threshold thereafter up to 100% (or in the case of a
non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%,
25%, 30%, 50% and 75%) as a result of an acquisition or disposal of
shares or financial instruments falling within ¦ DTR 5.3.1 R; or
(2) reaches, exceeds or falls below an applicable threshold in (1) as a
result of events changing the breakdown of voting rights and on the
basis of information disclosed by the issuer in accordance with
¦ DTR 5.6.1 Rand ¦ DTR 5.6.1A R;
and in the case of an issuer which is not incorporated in the United Kingdom
a notification under (2) must be made on the basis of equivalent events and
disclosed information.
[Note: articles 9(1), 9(2), 13(1) and 13a(1) of the TD]
I haven't read the whole thing.
Good find, by the way. :))
Agreed, someone actually recommended (with one 'c' as on every post, bottom right, where people 'tick') Yyami's post that reads as negative, sarcastic, antagonistic and pointless?
You see what I did there, Yyami? Your post could be adapted and go on and on ad infinitum, except - why would anyone bother?
Hi DGR. I agree with you. I think the next 'event' to look for will be the GDXJ quarterly review on 12th March (courtesy of Zoros) and the four other Scally results, whenever they appear. Other than interesting snippets about the progress in the new camp, we should settle in to await the mystery buyer revealing themselves which they will have to do once they are over the threshold.
Watch this space.
ATB:))
Ah, I see. Oh good, now I feel better. I guess someone's going to be in the dog house when they go over that incident. And talking about dogs, (you see what I did there?) Joe and Jill have been walking about on the White House front lawn with their dogs, aaawwww.
So, apparently Australia mined between 310 and 320 tonnes of gold in 2018/2019, depending on which source you look at. AustraliaMining.com says 326 tons in 2019. January to Sept 2020 was 224 tonnes, with the full year expected to be around 326 tonnes, equalling 2019 (quoted by some sources). I wish they'd make their minds up.
It's fun to see the groundworks start. Thanks, P.
:))
Here's a nice little something to end the day on, for all posters and LSE bods.
The Ecstasy of Gold, by Ennio.
https://www.youtube.com/watch?v=uQvLsifMZIE
What was it Donald said yesterday to end the interview with Shaun Day?
"If you're a GGP investor, try the LSE bulletin board. It's the No 1 in the UK and GG is one of the busiest on that board - 350 posts every single day."
I didn't hear him saying that if you're a genuine poster you can have your posts removed when you complain about trolls invading the threads.
LSE, You need to get a handle on the non-genuine shareholders who post on forums in YOUR website. There have recently been whole weekends when genuine posters are unable to post because of, let's be kind and just call them 'disgruntled', people having grievances with you. Nothing to do with GGP. Now normal service is being disrupted during trading hours by trolls acting with impunity.
People have to give their identities when applying to join LSE and you have the power to ban these people, so why aren't you doing it, or limiting new posters to 1 or 2 posts a day for an initial time period, say 3 months? It's not rocket science.
Well I've had a lovely afternoon. I've spent most of it on WhatsApp with family and friends, I've seen my daughter {at the appropriate distance} and I'm now going to have spag bol and an ickle drinkie, with a side order of Trump trial and Newcrest dessert.
I'm not worried about the current level of the share price. Shaun's way of speaking is measured and understated but the number of times he said 'excited', 'world-class', and 'multi-asset, multi-billion dollar company' was noticeable. And one phrase stood out for me; 'elephant country,' said in the same sentence as Rio Tinto.
Sitting on hands.
ATB:))
6th Section.
D: Mr K asks: Do you have any plans to take GGP onto the FTSE 350 Index, main London Market, other Markets?
S: Look, I think the focus for us remains very much on the Havieron and that Paterson region so we are very much focussed on our operation side. That said, we are Index aware, we’d welcome being in the FTSE 350 and I think the best way for us to achieve that is to focus and deliver value at the operational level so that will continue to be a focus for us and I think being able to articulate those operational successes to the market, which I think Gervay did an extremely good job of and you can see that was the catalyst to driving that share price and the shareholder value, and I think what’s exciting for shareholders as we come into 2021 is the fact that there are number of catalysts for value within the portfolio this year as we hit those operational milestones; 65,000 metres of drilling just in the first six months of this year – the opportunity for us to add value over the next 6 to 12 months is tremendous and I think if we can do that, I think the share price has every opportunity to continue to grow.
D: Good question to end on and this really is the end question. One asked by many, many investors. Where do you see GG in 12 months’ time, 2 years’ time and 5 years’ time? That’s my last question.
S: Thanks, Don. Look, I think in 12 months’ time you going to have seen the output of this drilling, you’re going to see the decline moving down into the ore body, so you’re going to see the actual economic extraction of ore starting to kind of appear very real for the Company so I think that over the next 12 months you’ll that real operational focus as the box cut’s put in and the decline and of course the announcement of the pre-feasibility study. In 2 years’ time you’ll see us getting right up to that ore body and starting to talk about entering commercial production, which we expect to be done within 3 years of starting that work on the decline. Within 5 years, I’d like to think that we’re going to be a multi-asset, multi-billion dollar company and that really is my background. It’s joining develop companies and actually growing them into multi-asset organisations and I think the platform that we have at GG gives us every opportunity to do that over the next 3 to 5 years.
D: Shaun Day, thank you so much for joining us today and answering those investor questions which I have to say you’ve done most ably. You’ll have set a few hares {hairs??- must mean hares} running. I’m very interested with some of those answers. I’m sure the audience are as well. Thank you so much for taking the time. We couldn’t be more appreciative. If you’re a GGP investor, try the LSE bulletin board. It’s the No 1 in the UK and GG one of the busiest on that board – 350 posts every single day. Blah, Blah, Blah.
5th section.
D: Ahead of this interview, we asked the LSE GGP investors what questions they would like to ask. We run the biggest bulletin board in the UK. You run an investment phenomenon. We thought it was a very good idea. In 24 hours we had 110 questions and quite literally we had to take down the survey question monkey thing down off the site otherwise you were going to break our website. Too much interest which gave us lots of interesting questions. Many long-term shareholders wished you well in your role including WB, who said welcome. His question: Why were Scallywag and Rudall not included in the Juri joint venture.
S: Look, it’s a good question and good to explain it to shareholders. As I kind of implied in my last response, we were very keen to strategically keep some 100% ground in that Paterson region. Our team’s excited for it. It’s yielded Telfer. It’s yielded Havieron and even Rio Tinto has interest up in the north of the package so, look, it’s elephant country. We’ve kept a couple of tenements there which we are excited about and we’re working up projects around there and particularly the Scallywag project, when we were entering that joint venture with Newcrest we were actually already drilling some of those tenements so it probably made sense for us to keep that internal and as I said, you know, I think we really have a three-prong strategy into the Paterson in 2021 which is develop Havieron, the Juri joint venture but we are equally excited about those 100% owned tenements.
D: That’s a very interesting answer. Oh, you’re a poker player, Shaun, I can see this.
Shaun grins.
D: ST: Hi, Shaun. You have left a large-cap successful company which I assume comes with a generous compensation package to run a junior explorer with no revenue. Do you see this as a risky move, both financially and in your career?
S: Look, I think it’s the opposite. Yeah, I’m tremendously excited to be joining GG. It’s a world-class asset and the opportunity to manage and develop world-class assets is rare in anyone’s career, so for me this is a brilliant opportunity and coupled with the fact that we’re doing it alongside a joint venture partner in Newcrest, shareholders should have a lot of confidence that we have the right team in place both here at GG and with Newcrest to develop this asset to a very high standard and create value for shareholders. So, really for me, I’m incredibly excited, it’s a bit like unwrapping a present on Xmas to be out there at Havieron and building that {something? Sounds like ‘outs’} profile which is just good fun to be operating.