Member Info for Lenz

Phelpsb.. if you don’t like it, go somewhere else and complain to your hearts content !

Mumbo jumbo .. do a bit of research . We have only used $20m of the loaned $50m, why would the updated MRE not be used, you are trying to sow doubt with nothing to back it up . Come back when you can !

Spades that’s my thinking as well .. no way Is this going to be a low figure, not with the way Sandeep has been building this up, nor will SD accept a low figure .. I honestly don’t think you will be far out, my estimate was $400m and that was conservative on 12m oz !

MFU the 14.5p share offer was in a totally different context and you know it. That will have no bearing on what the 5% will be !

“Paddygal - Interesting point you make about LTH would love to increase share at much lower levels. This suggests that they believe it is over valued currently or that the share price is likely to come down in the short term. “

Mumbo no ! It means that we know when there is a huge bargain, why buy more now at 14p if you already have 10m shares . But if as you hope it drops to 7p ( no chance) then it’s a no brainier ! But as I said in another post, no way is SD going to let the 5% show GGP share price is over valued, nor is Sandeep Biswas going to have to explain to his board and share holders, that he doesn’t think Havierron is as big as he keeps going on about .. you are way off the mark . Or trying to stir things up either way you lose !

Mumbo.. do you really think SD is going to agree on a 5% that values GGP lower than the current share price ? Also do you think after all he has said about it, that Sandeep Biswas is going to say, sorry it’s not as good as we thought .. how do you think that would affect the NCM share price . Engage brain before posting ! !

Always good to hear good news Tom, stay healthy !

Matty. Not a lot more I can say apart from reiterating what paddy said so well. Wish you all the luck and good fortune after a trying time. Hope it all works out ok. My condolences to you and your family.

Rothby.. you think any junior explorer with a possible large find, are going to do business with NCM after that scenario. Reputation means a lot in business !

18m shares bought and the price dropped .. go figure and people say this isn’t being played .. aye right !

StarBright, as long as the 25% isn’t sold, then any changes to the mining in the future will not be in the next 2 years, so GGP will be receiving revenue from the first mining phase to more than pay for any future mining. You really need to do a bit of thinking before posting. As for point 1 all the ore from Hav will go through Telfer that has already been agreed so who owns what makes no difference to Telfers extended lifespan!

StarBright ..
1.that is applicable whether 100% or 75%
4. GGP will have enough cash for that !

I do agree that I don’t think there will be a bid for the remaining 25% .. as it stands NCM have a good relationship with a co. That does exploration, staying with them on JV’s could be more beneficial in the long run that the 25%

I was trying to be a big more subtle Spades ;-))

Hereshopin.. I don’t think anyone on here has stated that.

Chester .. it was a sell as the share price dropped from 15.7 to 15.5 after

Evan, go to GGP help all the info is there !

Evan .. basically NO! There is a lot more to it than that. !

Mind if he does, having some cash available for the inevitable drop in share prices, could be beneficial !

Z, I agree with your assessment but think he will use subtle means with a bit of added bravado ,, just my opinion !

Z, don’t think that will happen too much at risk if he does that. He isn’t stupid he is playing games to get NATO to back down a bit !