Member Info for Lenz

Hydro. Here is my view for what it’s worth …
I honestly cannot see SD selling the remaining 25%, unless it’s for silly money, as it stands it’s going to be a constant cash steam, which isn’t common for a junior miner, especially one with many other options for drilling in other 100% owned areas. And we as shareholders still own a lot more than half the shares in GGP, so a complete buy out again would have to be silly money, can Biswas justify that to his board and shareholders, who don’t want him buying up any more companies, but want decent dividends. Ok some say silly money won’t be paid and people will bail
at 50p, but remember Black rock bought at 30p and they like to double their money !

Is it still a fact that PI’s hold the majority of shares? If so a low bid should be rejected, anything around 50p may have some wavering, but if they think this through and read what Bamps and Paddy say, then hold on to them shares for at least £1 each !

Summit. That is an excuse they are using to raise interest rates to achieve what Speedy is saying, but you are correct that interest rate hikes will not stop current inflation, as that is out with their control.

GRog no chance of dividends for many years yet, we wont be making money till 2024, even then if we are still involved in Hav we won’t be getting dividends !

Down to $1858 today !

Can’t buy £10,000 @ 13.1 on Halifax

I don’t think they are, Biswas has said often they want to get the gold out asap !

Thx Speedy

Couldn’t get logged in Zoros, but all sorted now.

Thx Bamps, managed to get back in !

Lebugue … Maybe not, but it looks like that might be taken into consideration as the results coming back are eye watering, they could be needing those results to make the FS a lot more certain to the board, to sanction the mine officially .. who knows I am just guessing. !

      Could this be why NCM are waiting till June the 30th! For the MRE

Drilling results since the release of the PFS continue to support the potential for resource expansion at Havieron with 90,000 metres of growth drilling targeted to be completed during Newcrest's FY22 to 30 June 2022;

40m is a drop in the ocean .. there are probably 2 or 3 pi’s on here who have more than that between them ;-)

clairabella, tymers misses everybody’s point except his own whinging one !

Doublehun.. don’t think pi’s are selling that much, just look at the trades as Hydro says …. Manipulation daily !

For someone who said they were out Sharky, you seem to have some lot to say for yourself !

Nice one SaS .. as a little reminder why we are all here, take a look at paddy’s tweet and Had 133 … high grades over long lengths, not just once but 3 times !

https://twitter.com/paddygall1/status/1498241820765077506?s=20&t=1QKpd2GrEarl_cFetPMeeg

NCM new figures they are using

Gold up from $1500 Oz to $1750 Oz
Copper from $3.30lb to $4.15 lb

Everyonesawinner .. how do you know GGP don’t know all the facts . You are talking rubbish , we can’t walk away from the 5% that is only an option for NCM .. so go back and look at your post . Enough of you and your crap . Green binned !

Everyonesawinner .. at least he does research which is more than can be said about you after that post ! You obviously didn’t research the JV or the 5% terms, or you would not have said SD could just walk away from it !! Ludicrous statement !