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The most recent RNS as told us the Havieron growing in all directions Newcrest and Greatland are well informed this is a joint venture all parties to date will have seen all the information.
The joint brokers notes todate have been from the PFS which is well out of date.
MRE 2 will be out anytime soon this will determine a 5% payment to Greatland gold based on what we know todate.
Given Havieron still growing this as to be taken into account it would be for the intrest to both companies to agree terms.
Why a third party could get involved I am sure Newcrest would not want this.
GLALTH.
https://www.youtube.com/watch?app=desktop&v=Kg8RauIPSaE
20 mins
https://twitter.com/GreatlandGold
These annoucements from GGP are following a well defined patteren --- IT'S CALLED VALUE ADDED. Newcrest are you listening.
I think we should leave the 5% to those who have more information than all of us , this as been going on for days.
Know more waffle eaten for dinner and over loaded with crap.
Fair market value can be augmented by both parties.
Lot of waffles been eaten this morning 5% will come when both parties agree terms:-)) My crystal ball tells me 13p a joke:-))
Crystal ball tells me gold mine is much money unless the James gang turn up and steal it:-)).
As of this writing, shares in Australia’s largest listed gold mining company are trading at $ 25.47, up 6.3%. on the other hand, S & P / ASX200 Index (ASX: XJO) has fallen 0.05% in the afternoon trading.
What is the stock price of New Crest today?
New Crest’s share price has reached its highest day since it rose 6.7% in May 2020. But the $ 19 billion gold mine giant is moving today without new announcements.
Take a step back Gold sector, You can see that New Crest is not the only fun performance. For reference, here’s how other gold miners are doing:
This information suggests that the reason behind the New Crest movement is due to the catalyst of the entire sector. What is driving the momentum today may be the rise in spot gold prices overnight.
Gold rose 1.7% to 1 ounce US $ 1,842.9, according to CNBC. The upward movement puts the precious metal at a height of 2 months. Second, New Crest’s stock is benefiting from it.
The reason for gold price fluctuations can be doubled.
First, the latest reports show that safe assets have found new appeal in the geopolitical tensions between Russia and Ukraine.White House spokesman Jen Psaki said Russia Conflict Anytime — Probably between January and February.
At the same time, as the likelihood of rate hikes increases, investors are rotating to investments that are perceived as inflation hedges.
Bloomberg Economics Is forecasting the first rate hike in the United States in March. in the meantime, Westpac Banking Corp (ASX: WBC) The reserve bank Rate hike in August..
When will the quarterly results come?
Market attention is increasing at this time of the year. The earnings season is approaching, and some companies have already announced quarterly results.
New Crest’s December quarterly financial results will be released on January 28th. It’s quite possible that shareholders will be at the edge of the table at this event, hoping that New Crest’s share price will react positively to the update.
Newcrest (ASX: NCM) shares regain some brilliance as inflation concerns grow
Source link Newcrest (ASX: NCM) shares regain some brilliance as inflation concerns grow
This should worry them.
NCM) shares regain some brilliance as inflation concerns growhttps://sydneynewstoday.com › Business
What came out of the 23 rnd Dec RNS which some here have overlooked, which gives an insight to the relationship with Newcrest.
"With Newcrest moving to Stage 2 funding of the Juri JV programme and Greatland continuing in the role as Manager, we are well positioned to integrate the new data into our models, refine our Juri JV targets and capitalise on this opportunity in 2022, delivering the potential to increase value for our shareholders."
The thought that Newcrest may make a move on GGP makes no real sense, problem being GGp asset holdings, how do you put a price on the unkown, the drilling results in the new deep drilling hole are very early stage of exploration look at the near exploration showing results and the pace to buy land around westrn australia.
Much speculation here.... crystal ball theories awash,updated MRE due by mid feb, FS later this year, more assay results due.
5% valuation be be agreed, this will give a better understanding of Havieron.
Do your own due diligence, there's a few posting here giving a good prospective of what's coming.
As for a value best of luck 18 months from mining gold. 16p!!.