Member Info for mercedesman

It would be nice if Newcrest give a rough timeline on Infill drilling, MRE and PFS, they must know roughly when they are going to happen, unless they still haven’t found the edge.

Just gone Blue +1.4%

Think we are in for a big afternoon

Good news is NAILED ON - Newcrest would not have had Havieron front and center at its recent presentations to then have egg on face tonight.

Its Big, the question is, is it Massive?

Tune in at 10.30pm to find out!

Reported..... twice.... p1ssoff to your own board

i dont think your premium bonds are going to make you 500% ths year lol

like you say, some are top slicing, and i cant blame anyone for that, but i wouldn't be able to live with myself taking a lot off the table early and then this going 10p-20p and me thinking i could of had so much more.

im reserving top slices for double digits

Looks like its about to go Blue - 5-10% today surely, there will be a mad scramble this afternoon. 3.10 close imo

*Tonight

Im holding a GGP party at my house from 10.30pm

Bring your own drinks, i have nibbles

Tbh i dont care if its all of GGP or just HAV if its £500m+, but i dont think GH wants to throw the towel in and be a one hit wonder, I think he wants to really turn what was a piddly nobody of a company, into a serious mid tier player.

One things for sure, We’ll find out in 2020

This year is going to be fan-bloody-tastic

If they dont they still have 70% and we have 30%

But judging by all the news,Drill results, media, presentations, interviews, increased drills, land grabs, broker notes, Telfer deals, site expansion, fast tracking, and step outs........gasp.........i’d say theres bob hope of this not being an absolute banger!

Tymers, we will have 30% after the farm in ends, but NC have the option to buy 5% at “fair market value” so we will either own

1) 30%

Or

2) 25% + a fat wedge for our 5% - which will no doubt go towards our share of funding the mine

3) NC will just buy the 30% for £500-£1bn and tell us to politely F-off

Personally I think it will be option 3 and we will use the proceeds to prove up Scally and Goliath as 100% owners. We could actually become an independant producer down the rd.

An extremely savvy deal on the part of GH and CB could not have funded the drilling without decimating the SP with dilution or debt.

The deal allowed us to have 25-30% of a multi billion dollar asset, with no upfront cost, no debt, and no dilution.

Its better to have 30% of a lot, than 100% of nothing.

Just need the rest of the market to realise that on Wed night, April, and Julys updates, and get there wee calculators out to figure out we’re a £100m mcap Co. sitting on a 500-1bn share of the biggest gold discovery in a decade.

I got myself into this a few years back pre newmont, arguably a year early, but with the view that in 3-5yrs i would 20x my money, my friends and i watched as the sp bottomed at 0.5, but even then I knew it was a go-er, my mates I had wrangled into the game wern’t so sure but i managed to convince them “hold on and you will see”, needless to say ive had a few pats on the back the last few weeks. Its a good feeling, but the really hard part is ahead, not selling when your 200% up aint easy, but my original tgt was 16.5p, and the only thing thats changed since then........is that the project has got even better!

Tymers Newmont had girst right of refusal on Ernest Giles, a totally different project, that only cam up with, at best “average grades” so they left looking for a richer strike.

Shame they didnt stick around a little longer as we hit the motherlode shortly after at Havieron, and did a deal with Newcrest, who just happen to have an operational processing facility up the road, and are the dogs b***cks at block cave mining (see Cadia mine)

Oh and wasn’t the Hav 5 drill core something like the 7th biggest gold drill strike of all time?

: p

Roll on Wed night!

Yes Jersey

As someone alluded to earlier, normally they would just take the price up to match buy/sell demand, the issue this morning was they had already executed the buy orders between 3-3.1p so couldnt take the price up to fill them otherwise they would have broke even, or even lost money, having to buy the shares they needed at a higher price then they had “pre-sold” them at. The only way to unwind it was to drop the price to fill some and cancel the trades they couldnt honour.

Does anyone remember if it was NT to buy at any point in the first hr or two?

Bet there were a few ****ed of traders today.

Shame because if they hadnt got themselves in a twist, i think we would have seen another 5-15% today.

Lets hope they do a better job tomorrow!

Annoyingly I have to agree with Bunsen, I just spoke to my broker who said it looks like the mm’s took multiple 1-2m buy orders on the opening bell expecting sellers to roll in behind and fill the orders, and they never did, hence the +7% to -7% crash to try and shake out sells, he said it looks like one or two were filled and posted during the day and the rest were cancelled.

None of that matters now anyway but like others on here I wanted to know if mm’s were playing games to manipulate the sp, turns out they were just writing checks they couldn't cash.

I didnt think they could do that but after speaking to him it jogged my memory and I do remember once having my own order executed, and then an hour or so later cancelled (at the time my broker was IG) needless to say i don't use them any more

Looks like consolidation today to churn the new arrivals and exits.

Expecting 10-15% tomorrow and god knows on Thursday

Next 3 days are gunna be massive, they’re just shaking out some extra stock.

Morning all! I have a busy day today so wont be around much, but rest assured, im here!

So confident now, I dont need to check in every 60 seconds anyway.

Chart saying 3.45 today/tomorrow.

Catch you all this afternoon

Thelearner - Newcrest’s quarterly report due 30th at 7am with drilling update that will more than likely take our status from “possible mineable resource” to “definate resource, lets see if its big or an absolute monster”

You’re obv new (which is fine) i would read our last 10-20 RNS’s and then go read Newcrest’s too

Maxumus10 - by all means take profits but i always wait until the tide seems to be turning, why leave when the biggest is yet to come. If you absolutely must before Thursday i would so it Wed at 4.29pm, if after news wait for say 5p?

Personally though im not doing either, 12p is tgt 1, and tgt 2 depends on Thursday’s and April’s updates

3rd on risers board

3rd on Volume traded

3p

Nice!