RE: Why we should try and be happy.5 Jan 2021 19:15
Hi Socialist B,
I think TMT has pretty much summed it up.
I think it might have been Bamps and others who have also stated and I agree that there is no way GGP could do justice to what they have on their own anyway.
I believe trying to fund on our own the amount of exploration required would not be feasible in the near term and trying to would ruin the company.
The deal we have comes as close as possible to guaranteeing our success even if that is only Havieron ( but hopefully much more ).
The main options we have for increasing shareholder value are sales of assets and Joint ventures. No one is going to pay much for assets with little proven up on them and to get a JV worth anything there has to be some give on our part
I am glad we have certainty over the funding for the next step in Havierons’s journey at what I believe to be a very reasonable cost. The interest side of the cost could yet decrease further yet as well. I’m no expert in any of this but I hope I have a small amount of reasoning. Others have and will, be able to value the deal far better than I can so I will just remain one happy investor.