Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pickford has been exceptionally good all tournament. Tonight was on Southgate, he should have got fresh legs on at half way through extra time to put pressure on. Far too much responsibility left to the youngest player of the team, one of the more experienced players should have stepped forwards. All the fannying around from Rashford… pick a target and put your laces through it.
Incredibly good tournament and all credit to the lads, they faced a hard opponent but it was never out of reach tonight if Gareth adapted to the situation. Both Sterling and Kane should have been off at 90mins.
Totally agree, it’s no different to how I felt prior to the email but hearing it from an industry expert held in high regard with a proven track record is slightly different to hearing an anonymous stranger say it via a forum.
Funnily enough, I emailed Steve too asking his thoughts. I’ve PM’d the reply to a couple of users of this BB.
My main query was whether I was missing anything with how the share price has behaved. He said much of the same to me but his view was ultimately, Newcrest should buy us out for an absolute premium but he hopes they don’t because if we prove 10moz and go into production he said the re rate will be immense. He describes it as an absolute home run and said to ignore the price action and just wait for the rerate.
Following on from a conversation in the telegram group, Shaun said we were holding back a drill rig to continue with an interesting area of Hav.
I should imagine NCM have a very precise and coordinated drill program for all the rigs. Something must be incredibly interesting to deviate away from the drilling of our 100% owned assets.
Could the need for the additional drill rig have stemmed from testing the additional target with the Hav tenement, has anything been picked up on the satellite images?
I posted something similar last week. On the face of it, yes inflation may be good for this stock but ultimately you take a hit on everything else, swings and roundabouts but anyone rooting for inflation is overlooking the millions of people already on the breadline and already not making ends eat.
Mushroomkid- I’ve just searched the deepest mine in Australia and there’s a company mining a project called Gwalia, they’re currently adding ventilation and technology so they can get from 1650m down to 2300. There’s many other mines worldwide reaching 3500m+. I’d hazard a guess that with the timeframes involved to get down to the bottom and with advances of technology, if it’s economically viable to go for it, NCM will want to find a way. I wouldn’t discount it yet.
If you’ve got nothing nice to say, it’s better to keep quiet.
For what it’s worth (not sure why I’m bothering though) Bottle-rocket has set up a site called GGPhelp, it’s full of information, if you’re a new investor, it’s an absolute wealth of information. The podcasts that he does, again, full of information.
In regard to the meetings, not my cup of tea personally but live and let live, I’m sure they have a great time with a lot of useful and valuable information passed around.
Nobody should be banking on a direct hit first time round, look at the size of our licences, hopefully these drills unlock clues to where the deposit is- magictrades explained this fabulously in the video he did where he analysed scallywag drill results.
In regard to who is shorting, someone who knows theirs a big seller and used it to their advantage, seller stops and the short closes, that’s all.
I personally think NCM won’t buy GGP, it’ll cost too much up front capital. They’ve got such a great deal for their 70%, why spend so much more, that capital can be used elsewhere to generate a better return on investment.
Napthman- I’m sure there’s certainly policies, due diligence and formalities that will need to be met, a buyout of GGP isn’t pocket change, even to NCM. They may want to right now but they’ll need the project to be further along the road to release funds of that magnitude. PFS/FS once the boxing ticking exercise and a formal return on investment can be calculated, that’s when it may come to fruition.
Aren’t we well overdue some RNS’s now? What’s the hold up and why the radio silence from Mark, he should be trying to reassure shareholders and not let this slip back to 2020 prices. Lots of potential here but can’t help but feel comms could be better.