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 !
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;
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
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 !