Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Zoros… it does .. how I don’t know but it does !
I'd be very very surprised if the VALMIN catered for futuristic calcs on gold in the ground. One may as well pluck a figure out of the air and use that. So the maths (on both sides) must use: (a) known and (b) known unknown's.
Something I think people are missing . SB had been screaming from the rooftops how good Havieron is, and how every time we drill we hit gold, how do you think he would look to his directors and share holders, if he puts in a low ball offer for the 5% .. remember this will reflect not just GGP share value but NCM as well ! That is why I think it will be as fair offer that keeps everyone happy.
Hydro I see you are including the payment for the 5% in the 30% which is fair enough, but is cash in the bank applied to share price ? If not then it’s 25% so 5x £195 which comes to the figure I quoted. Think we are discussing the same thing in different ways. So will leave it there.
Hydro doesn’t seem like maths is your strong point, ;-) if we get £195m for 5% then the 25% = £975m which is just short of twice our current Mcap. And is roughly 25p per share, so I would expect SD to aim for at least twice that !
As paddy said, this will be into production before Telfer has to go on care and maintenance ! Plus I expect a second decline to start after the FS, when block mining will be decided for other areas.
Merc, not arguing but the where do you get the $400 an ounce, we all know and they do as well, that there is a lot more than 7moz down there, that will be taken into consideration ! Both companies will have to agree on an expected deposit figure. God knows what that will be, but well above 7moz I would imagine !