Member Info for kevin0541

The exploration report where our news will be, is not necessarily linked to NCM quarterly results. Up to now they have issued on the same day (Wednesday night our time) and could do the same again to give it new emphasis. Don’t assume it will definitely be Thursday night because quarterlies have moved forward a day.

exploration not expiration

@ timber trader the next expiration report will be 20 or 27 Jan ie 6 or 7 weeks from the last

The updated MRE must be fundamental to the FMV. I can’t see anyway you can do a FMV without it. Even then it will still be only a fraction of true potential

The 5% FMV may not be a true indication of value as perceived by both sides, but it will put a baseline valuation to GGP and hopefully stop this current SP nonsense.

I can’t understand that Hydro because it’s rubbish. You use the same argument whether the price ends up or down - heads you win and tails you lose. Then you will say ‘I told you so’ when the price is up (oh that’s already happened). Well whatever the actions of those who have the loan stock, sentiment has changed and that’s all that matters.

The predictions by the ‘experts’ on here may or may not be correct, but all that matters for now is that sentiment has changed for the positive. Whether shorters exist or are closing is now less relevant and what matters is that an MRE upgrade must be due in a matter of weeks as it is needed for FMV calculations. Follow the facts first and sentiment second, not the wild predictions

If Hydrogen is correct how come he is also posting the Ortex figure as of yesterday was still about 38m on loan. He cannot be correct on both counts!

@spy everything you say he is doing is actually being done by Newcrest. He hasn’t delivered a single drill result of his own, he hasn’t meaningfully communicated to institutions and he hasn’t meaningfully invested his own money

Chase I too have been around the block and been a director of big companies. In my experience, few CFO’s (however good as a CFO) make the step to CRO successfully as it’s a totally different skill set. For me there has been no evidence to suggest that SD has the skills even to do the things he should be good at, which is to attract investors. He refuses to consider dual listing so he lays in bed each day as the company is pummelled and can’t or won’t travel to the listing base.

Hi Chase. I feel SD has singularly failed to communicate the value and that is his job as CEO. Sitting in Australia blaming covid restrictions for not being at the AGM is a classic example. He even said at the AGM he needs to be face to face with potential investors. There were no real restrictions and he took the easy option to stay home. Bad form from a CEO matched by his unwillingness to invest in his own company. The paltry £50k in the placing was almost obligatory and showed little outward belief in the bargain basement price attributed by the market. Whatever people may now say about GH, he would not have let this happen!

Hands up I got it wrong. Worry is that there is still no indication of an update re financing

Safetrader ACP use specialist consultants for everything as they are really a shell company. How could they take this into production next year without in-house skills. IMO we will never see offtake agreements or financing, but instead a sale deal. For me it makes absolute sense to sell now and cash out and this may be why we are still waiting due to DD.

He said unlikely to be RNS this month, more likely January. Trickling in now but need interpretation.

Nothing makes sense other than UT is normally only MM to MM. If you believe LSE they dropped the price to 13.5p for a 200 share sale at 16.30 and then put a UT sell through 5 mins later at the same price. My money is on an open at or very close to 14p tomorrow

IG brought bid up to 14p just before close. Let’s hope the .5p drop on the UT is reversed at the open as often happens

Closing prices 14-14.2 but IG showing only 0.2p up indicating a UT of 13.5. Anyone any more informed?

Can’t believe I just read that :))) £600m and 1.6bn are similar MCaps and presumably Balfour Beatty dig up precious metals. God there was me thinking they are an infrastructure company. No wonder so many people think you are a well informed genius

Don’t disagree Tymers but as your post was possibly partly aimed at me, let’s always ensure that false and misleading posts are politely called out - as I did. There is no legal way SD is going to drop a bombshell at the AGM and so to suggest such and link it to shorts closing is utter rubbish and needs to be said as such. Other than that let’s enjoy this albeit the day is not over and the spread is big

Fully respect your views on bank lending Jersey, but again SD strongly intimated he would have financing agreed this month as he already had term sheets. My money says he will not be able to announce anything this year. We all want GGP to be successful, but I have a personal view that SD is not capable of getting us to real shareholder value and that we will be bought out at a ridiculously low price and not see the true value we should have