Member Info for JungleBabbler

Not sure it's relevant but BHP had a £5BN offer for OZ minerals rejected - apparently.
Wouldn't be surprised to see some consolidation in the sector.............

and you are ?

my Q. re the bank holiday was addressed to Chester18 - I agree with your dat of 31/8 Zoros.

....... but is it a bank holiday in AUS on 29th August?

also.....
Both the number of shares and the percentage of shares in "sticky hands" has now increased (albeit very slightly).

.. i just had a cheeky top up :)

getting rid of Mexico would be the mature adult thing to do. sooner rather than later. we don't any more mgmt time wasted on this.

JO - the $ figure doesn't seem quite right - you say $1,500 month for 2023 - do you mean $1.5m per month or something else? thanks jb

echo all these sentiments. paradoxically a 'good' rns......

echo your sentiments entirely DGR1980....

divis rec'd into my SIPP with requisite we8 forms signed.

30/06/22 3.42634p per share
28/03/22 3.245148p per share
17/12/21 2.99456p per share

panama @ 11:53
Heartily concur that H's valuation of 33p is sound (having read through it several times) and should be used as baseline value / price going forward (almost a quarter Mickey).

You would expect that as we get nearer to the DFS we should get near to that or indeed beyond....depending what else is reported from the assays.

To say its slashed is misleading. Its less than last years when they paid a special. BUT its the 2nd highest interim........

.. a further surge.. :)

My top-up Buy of 5,000 at 10:15'ish is a BUY not a sell........probably the same with a few of the others.

sandgrounded @ 12:24
" The third option is a takeover bid for all of Havieron. He still has the problems with his shareholders, but the cost savings would make it attractive for Newcrest."

Err.... what cost savings ???

Expenditure for sure.
At 50p per GGP share that's a bill somewhere north of £2BN
plus an increase of 33% for mine development costs when their share goes from 75% to 100% of HAV.

Longer term, say 4 or 5 years, then NCM will get more INCOME (not the same as cost savings though).
In the short term, even if they did manage to takeover GGP then the upshot could be that they leave themselves vulnerable to a takevoer from a better funded rival.
Really really doubt NCM shareholders would buy this when we know they want better dividends.
Much better to have a good arm-length relationship with GGP and almost if you will treat us as their exploration arm in AUS.

Exactly. And they'd have to pay ALL the mine development costs i.e. an increase of 33% (if they take up the 5% and own 75%). Just can't see it as earnings accretive in the short term, long term sure.

Further. A CEO will not launch a hostile takeover bid UNLESS he is pretty darn sure he will win (unless your Musk). as failure to complete the deal will put your own job on the line. As at least 60% of the GGP shares are in PI hand he has NO idea he can win ie get more than 50% of the vote.

Conclusion. It ain't happening and all this bluster about a takeover is just some new investors hoping for a quick buck. As simple as that.

...indeed the Sprott article is really difficult to read and needs several passes but as you note it does value GGP higher than one would first think.

what has he got in store for 3.30pm?........

...bank loan ie debt funding.

We need to look out for the key metrics ie interest rate, T&C's inc can we pay down loan early without penalty etc

I'm expecting a 3rd RNS at 12:00 re the debt funding. ...