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Personally, I think Newcrest aren’t buying shares, there’s absolutely no information to suggest it either. It’s all hearsay and guesswork.
Besides this, newcrest have spoken about wanting to build relationships and essentially use small minority partners to find the deposits. If they use any form of underhand tactic to then burn those smaller companies, it’s not a very good long term strategy.
Rustington here, the whole area is turning a page, yes a lot of old people but rustington village in particular is really upmarket now.
Plenty of worse areas than the lovely part of the coast we’re all on.
Zoros, why would we need to dilute further to move forwards? If we can get through/fund the next 18 months then Hav will provide all the additional funding we need to go forwards, we’ll be an incredibly profitable company even with a 25% stake.
Mickey, if you say it every week, one week it’ll possibly be right.
This is laziness of my part but does anyone off the top of their head know the exact vertical depth of the decline vs the length? I know it’s in the region of 400m depth and 2700m length but looking for the specifics, I’m just trying to work out why NCM and brynecut are reporting the figures completed differently.
I’m basically trying to work out the timelines of if Brynecut are reporting a linear length completed ie circa 308m in 8 weeks (of 2700m)and whether NCM are reporting the depth completed ie circa 69m in 6 weeks (of 400m).
Tig, whilst I’m 100% behind the sentiment, it’s best to stick to absolute facts with statements like that. Byrnecut aren’t making record breaking headway, yet. It isn’t record breaking quantities in the strikes and it isn’t the MM’s pulling us down, it’s the consistent seller back active (probably GH offloading).
I’ll probably be called a troll and deramper for that but I'm genuinely not. Absolutely thrilled with the presentation but don’t want to get caught in another scallywag type ramping bubble that pops and takes another 8 months to recover.