The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I think a good outcome would be that Hope is settled with via cash &/or share allocation (dilution). This will surely give us existing SH’s surely the best sign that we may get something back.
A takeover or sell off of the asset would be lovely, but I get the feeling SN will not be able to let his baby go! Joint Venture maybe?
Still light at the end of the tunnel. Would make my year for sure!
I voted no, but I can see the value in diversifying to a less gas reliant market with much more oil in the business. So I was not against the core of the idea, just the implementation was not ideal IMO.
Onwards and upwards now I hope, as I still hold.
Surely will be announced in an RNS tomorrow?
Ok thanks
Anyone know when this will likely come out of suspension?
Pop head,
My understanding is that the 99% was the non-reserve area and the remaining 1% FRR retained contained the vast majority of the reserves.
But I may be wrong!
207tcf or thereabouts, from what I recall…
That ‘glimmer of hope’ candle keeps flickering…
Fingers crossed for all SH’s and thanks to the continued sleuths.
Merry Xmas all
I think in the light of the following:-
Lower output
Lower profits
Lower dividends payouts to shareholders
All Compared with last year.
Sandeep CEO of Newcrest Is keeping his purse shut to save face. I bet if those 3 key performance indicators were not so disappointing the extra 5% would have been purchased.
The plus side is we keep that very valuable 5%!
Shaun Day needs to show his hand for some funding now…
wacjac,
I am in EXACTLY the same unfortunate position, with the exception that I now use interactive investor as my broker.
ITI Capital were dreadful (as you no doubt already know) when they took over SVS holders accounts, was a living nightmare to deal with them!
I have taken screenshots of the LION ITI holding for peace of mind for now, but would also like to know the best course of action to secure my holding.
I wouldn’t personally even pause for thought at selling for less than our ATH of 38p.
I would rather wait until gold is being produced and take our slice of the BIG Havieron pie :)
If Newcrest don’t share that vision (which I don’t think they will because like most big companies are greedy - understandably so), then they’ll have to persuade the majority of SH’s otherwise…