Member Info for markjphennesseyg

To quote Jean-Paul Turcaud

“There are 3 stages in a discovery….First people say you are mad.Second. People say you are not mad but your discovery has no value.Third. People say this is a great discovery but everybody knew about it.”

Hear,hear.I think they are doing extremely well.I’m more than happy to leave them to it and wish them good luck and keep safe doing a difficult job.

ATB

https://www.byrnecut.com

Maybe they are, maybe it’s not safe to do it, maybe they can’t get mutiple teams past each other efficiently without the, passing bays.
What I do know is Byrnecut are on a cost reimbursable contract with a KPI based margin which means they have every incentive to build the decline as fast and safely as is possible.
ATB

Fubar4, that certainly makes sense. There might even be a safety aspect to it as well.

Can’t speak for others but if it happens, and let’s face it the characters who can make it happen are certainly in place, then I’m looking forward to it.
Good luck everyone.

It has already been mentioned the Australian authorities obvious interest in the Newmont proposed merger with Newcrest so did do a bit of looking into it. Haven’t found anything specific but the resulting company from the possible merger would own a very large share of Australia’s gold/copper assets,(probably an even bigger share once Havieron reveals all!) not sure if it would force the relevant authorities to intervene or not, regarding competition laws etc.

“iii Merger remedies
The ACCC has a strong preference for 'fix-it-first' remedies. In its Merger Guidelines of November 2008 (updated in 2017), it states that 'wherever practicable, divestiture should occur on or before the completion date of the merger, particularly in cases where there are risks in identifying a (suitable) purchaser or asset-deterioration risks'. It will usually seek to require:
the vendor to divest overlapping assets to a third party prior to, or simultaneously with, completion of the merger;
the purchaser to divest a package of assets to an identified (and ACCC-approved) purchaser simultaneously with the completion of the merger; or
a combination of both approaches.”

https://thelawreviews.co.uk/title/the-merger-control-review/australia

Cheers Dip.
Very interesting re Antipa.
Seems like Cadia is Newmont’s main Australian target.

Newmont chief Tom Palmer says he has started engagement with Newcrest Mining on its offer for access to non-public information and heavily hinted he would sell non-core assets if a merger of the two companies was completed.

https://www.afr.com/companies/mining/disappointed-newmont-talks-to-newcrest-over-information-access-20230224-p5cn8s

If nothing else Shaun certainly showed he was willing to start a conversation along those lines.

Redtrader does make one good point though, if a man pushing a wheelbarrow with a ton of ore in it asked me for money,I’d say no problem mate, how much you want!

I thought they said they were now over a mile.

Good night half cut man half baked biscuit

Which would I regret most, not selling at 30 odd pence or not buying them at all in the first place?

Bamps you’d be like a kid in a sweet shop. I’ve always said Greatland is an embarrassment of riches. It’s a good job they put Tasmania in others hands because there’s too much for one lifetime.
Not a bad problem to have I suppose.

October 2017
GLA

Just for a different angle.
Most of you already know the story but if anyone doesn’t just search his name,(the link below might not work) there’s many an interesting tale from a different era. Anyway I wonder what he’d of thought, rest his soul,of the latest goings on. Probably unprintable Lol.

http://www.hesperianpress.com/files/Jean%20Paul%20Turcaud%20Obituary.pdf

That’s partly the point though, Greatland might be a little fish but it’s sure grown some big teeth recently and an even bigger appetite.

Ace, I think I’ll duck that question. :o)

Hi Bamps, I wouldn’t be at all surprised if that Scallywag Shaun Day has not already lined up that last duck. And Telfer looks like a sitting duck to me.
If it looks like a duck, quacks like a duck…..

Yes BottleRocket I echo the thoughts of others, it was very enjoyable and many thanks for your efforts.