Member Info for JungleBabbler

Same here I bought 4,000 yesterday , grrr.

.. but the share buyback has started with a downpayment of 2million shares. not bad for starters.

...if you were selling a high value asset you WOULD say there are lots of other intrested parties - wouldn't you?

I'm sure Newmont will get some cheeky offers and will take some time to winnow them out.

I concur with WelshFalcons view though.

One reason is that we have already in place a 10% tolling fee agreement I believe.

Imagine SD as a kid in a primary school playgound and someone tries to bully him - just remember he has the Australian Rugby team standing behind him. We're not going to get bullied.

Pottersfield....

if you're going to throw brickbats then perhaps you could justify yourself with

a) why & how my thoughts are so bad

and

b) what you think the deal will be ... if you have any thoughts, of your own, to share ?

...just got my very nice LGEN divi from HL - not late - makes a pleasant change.

FWIW   I'll throw my two'penth into the mix.

Newmont want Cash not IOU's to pay-down the monies they spent on Newcrest so no NSR's for them.

So how much should we pay them?Given the 5% (as per RNS 21/07/22) was priced at US$ 60m, if I remember correctly, then we should pay them 14 x 5% (ie the errant 70%) would come out at US$ 840m for the mine.For Telfer - well is it I'll take off your hands for $100 (scrap value I dont know).

So this makes US$ 940m.  Newmont will blag it's a $1bn and GGP will say "look" we got it all for less than $1bn.

How do we pay for it?  We know we can get bank loans and one would expect SD to structure the debt as cleverly as WE KNOW he can. 

Maybe, just maybe, as part of that there is some small NSR with someone like Ecora (who like to invest in 'green minerals') so we could think maybe 0.5% NSR for 5 years with US$200m to us to help balance the books.

... if sure others will have their view.  Improve on my thoughts by all means.

Are we thinking that the next divi (after today) is in 6 months time?

Might have to rethink what I'm doing here........

It's a typo...

proffered might be better

... and another thing that is never going to happen is Newmont changing their minds about divesting Telfer.

Big business don't make decisions based on a flip of a coin, they will have done a cost-benefit analysis and the decision to divert has been made - it's been documented. That is a done decision.

I think there is too much over thinking on this board and some ideas profurded whilst seemingly possible don't make good business sense.

Patience will be rewarded - I suspect there are a lot of i's to dot and t's to cross before all becomes clear.

I'd be surprised if a third party is involved.......

You know Godot never arrives right ?

Had my from Hl - early for them....

Not sure what to make of the bid for HL though?

Could be. Makes sense.

Doggy 100 @13:35

You had 1.2m

You never sold any

You've still got 900k

Basic maths you say...

It might be me but that doesn't stack up

And you get 22 recommends.

Weird

Good post johno @ 11:11 3rd may

...just catching up

Jb -, somewhere in Bolivia

Investment I would think.

88v8 @ 09:28

I cannot square the circle on your reply as the implication of what you say is 2 different investors with 2 different brokers but the SAME no of shares would receive different dividend amounts. That is clearly not the case.

In fact I have just this minute received the DEC dividend from HL and the Xrate is as stated in 20th March RNS. So the amount is exactly as expected to the penny.

I did make a complaint to Hl re the divi not being paid in a timely fashion. Unexpectedly I did receive a response on Good Friday believe it or not. And I quote ........

"Unfortunately, before we are able to release dividends to clients, we require confirmation of the exchange rate used by the bank to allocate this in proportion to clients"

I thought the FX rate would have been that declared by DEC themselves on March 20th.

I'm not missing something am I ???

I didn't receive my (nice large) divi today - shame I would popped a few in myself at £9 for sure.

Upside looks good though.

That's really interesting TimberTrader. Opens up all sorts of possibilities.

I'd like to know when fellow divi afficionados get their DEC divi today. Why? I fully expecting HL to hang onto my dosh over Easter. If they do I will make an official complaint to the FCA or whatever they're called this week.

TIA

JB

Good post Droverman... @12:23