RE: Thieving arstewards27 May 2022 01:53
Exactly, simple solution 'Don't Panic ' !
https://www.youtube.com/watch?v=nR0lOtdvqyg
The reason the shorters are after your shares IMHO, is because they know Havieron is a world class asset and growing day by day.
What facet are they trying to exploit do you think? ......namely the transition period iteself, namely a Decision to mine (I think thats already well decided if you ask me but just not formalised as yet without the DFS/BFS), Capex Finance, namely GGP's share of the Capex to go mining but SD is already well onto that issue, with more than 6 bank term sheets to consider etc.
What other avenues might the shorters be hoping to exploit? a complete T/O bid for GGP itself given Havieron plus the highly potentially multi prospective tenemant licences that GGP have? That plus our journey onto the other upward side of the Lassonde curve perhaps? Theoretically one might consider such a time as being most vulnerable?
However IMHO, I cannot imagine NCM or their shareholders wanting to purchase GGP outright as SD has more than enough issues on his plate from what has been discussed on here with his own shareholders re greater dividend payments and less spending on acqusitions .
So where does that leave us?
Driving down the SP in itself given months and months of excellent drill results simply says to me that the shorters or their client/s simply want your shares.
The bottom line is that PI's hold a very large majority of GGP shares INHO, and in order for any takeover outcome to be successful from a driving down the price over a long sustained period shorters are employed to try and persuade you to sell in order to reduce OUR share of the PIE!
Don't let them do it, we have firepower and more than anything else have a VOTE should any of the above musings come to be tested.
GLA, Hold or buy on the fantastic price our shorters offer us. GLA!
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