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 !
Freddie nothing had been put back a year. So stop stirring, the gold is still there in fact they have found even more of it .. nothing rose tinted about that !
Mystic blackbird .. and there is more gold there now than there was 2years ago .. if you don’t like it or cannot understand that, then go somewhere else ! Simples
You have to laugh at some of the posts on here eg. NCM withholding drill or other info relevant to the JV .. aye right ;-) The share price or Mcap has a bearing on the 5% price …. NO it doesn’t ! Sending e mails to SB at NCM .. eh No!
Knocky .. the arbitrator will have to be INDEPENDENT or his reputation will go down the tubes .. that is why they get an Independent arbitrator ! And he won’t just accept the lowest one, he will accept one which is closer to fair market value after he has reviewed all the current information.
Welsh, it won’t make any difference to the 5% price if the MRE is published or not as far as I can see, as they all have the drill info and I am sure GGP can come out with their own MRE to be used in valuation !
Every bit of information available up to the date arbitration starts, would considered, so I see no benefit on holding back the MRE if it goes to arbitration. Which I think it will now by Sandeeps actions !
Tallchap . The MRE does not go to a third party, NCM can publish what they think and GGP can publish what they think. That’s why the AISC’s were different last time !
First ore could improve once they hit hard rock, Newcrest being very pessimistic as always .. report is quoting $1400/oz for gold ( give me a break ) and only 40% ownership of Hav.