Member Info for LoggyLogbot

Despite me wanting Gold to rocket, let's hope it doesn't come to that.

River and Mercantile
https://www.shantagold.com/investors/stock-share-information/

If they are an odd number apart but within 10% do they round up or down? :-)

UBS RAISES DIRECT LINE TO 'BUY' (SELL) - PRICE TARGET 325 (283) PENCE

The point I'm making is that the price history, current price, and predictions are relevant.
Anyway, some good posts by Dip, Paddy & Chippy - thanks for those.

Interestingly we know Callum's thoughts on this due to his Starvest update on Jan 4th:
"Despite the anticipated increase in global interest rates to stem inflationary pressures, we believe that expansionary monetary policies, global uncertainty and continued fiscal stimulus support a favourable outlook for gold and precious metals in the longer term."

Not only are today's gold prices relevant, the price history is relevant. The valuation of Havieron can't take place without SOME reference to the potential value of the item they are trying to extract!

That's a great point redtrader.
Meanwhile I have a query for anyone to answer.
We know that when valuing the 5% of Havieron, if the two 'sides' are more than 10% then it goes to adjudication where fair market value will be decided by an independent party. This process can't even begin until GGP & NCM have put forward their presentations and calculations which look like they will be revealed in mid-February. My question is how long do people estimate this assessment will take? Surely it will be a decent amount of time. Weeks? More than a month? I do realise that it may not get to that stage and some have been views that as both companies work so closely together that the most likely scenario is that the two valuations will be close enough to not require FMV. But it's the approximate timecale of the independent assessment that I'm trying to glean, if it comes to that.

Six of one and half a dozen of the other - in my observations, these things appear to work out better to sell and buy back - but once you take stress into the equation, for me it tips it back into just collecting the divi !

Many individual PIs have made more than the cash outlay for Hav, and I guess some have made much more than the whole cost!

I'm not naive enough to think that Newcrest wouldn't at some point look at trying to add to the 75% of Hav that they will end up with. But currently Newcrest have many JVs with others including GGP, and would it not be in their interest for GGP to continue working alongside Newcrest on Havieron and learning about its structure, to be able to apply that to other areas in the region?

Always, I wouldn't use those articles ( bot driven ) as a particularly useful source of info.
See this one and compare:
https://www.stockopedia.com/articles/why-hms-hydraulic-machines-amp-systems-could-be-well-placed-to-recover-from-volatility-257194/

Sorry they were supposed to be down arrows to agree with Bamps

??? That

Interesting comments Dip -
I mentioned last night that I was massively in favour of holding our 25% and using our returns to fund future exploration. I feel a sale of Hav, despite the huge one-off income, sets us back to square one, except for the huge bank balance- unless it was used for acquisition purposes.
Stick or twist? The point that I was going to make was that I can't see the price of GGP as a whole being massively more than buying just the rest of Havieron - there is a lot of prime locations within that package for not a lot more. Especially thinking how little some people are trying to value HAV itself!!
I still think that the mining route is the favoured one by SD - he's got his staff in place for this ( a GGP full buyout would put some of those new roles in jeopardy ) and a Hav asset sale doesn't seem to be SDs modus operandi.
It's going to be an interesting couple of months.

I'm with Rome on this one - I'm much much happier with a business model that funds exploration (for what is effectively something rarely found) from a steady income stream. GGP don't need to join in with the physical mining to maintain 25% - all the costs of extraction are there and would be paid for.

Personally I'm pretty happy providing the main divi is maintained - anything more is a bonus.
The ore price does seemed to have (at least to date) defied some negative expectations - the longer it stays up the better, so to speak.

Really good day today. As (certain) people keep cherry picking charts to use for their agenda, for today I'm only looking at the GGP 'YTD' chart on google. Looks pretty good from here.

Attach whatever importance you wish on this, but for info Gold is $1,826.73

Just settle the nerves by watching Spurs every week.