GGP Chat re: current state of play24 Mar 2024 17:21
Some thoughts to mull over and contemplate. Hopefully the outcome, whatever that is, is most beneficial to the current SP. Take out the uncertainty as noted on today's Sunday Roast podcast.
https://www.ggpchat.co.uk/viewtopic.php?t=903
"If you were Shaun - And you had ‘plans’ to be king maker and King Pin of the Paterson :- to consolidate the Paterson with Wyloo , by leveraging Havieron and GGPs LROR¦ ….Then what would you do?
Well - surely - at the first opportunity - you’d secure 100% of Havieron and Telfer? I expect this is most probably done or close. As it’s been in his sights from the beginning.
Then - what a week after securing 100% drop a whopping SLOS DFS and whip up the market with a dripping roast of a 6mt DFS.
Next - Get GDX on board and get major fund managers on board.
Then, within 12 months, do a $1bn raise on the ASX to expand everything and fund the build out a 6mt block cave in the northern Breccia... and let in the big ASX pension funds.
Before you know it Hav is the 2nd biggest mine in Australia and Greatland is the 2nd/3rd biggest producer on the ASX. Plus don’t forget the nickel. It has a huge future (as a Wyloo knows.)
And if that DFS was for say 8mt that’s going to shock the market. Double boom basically!!! Shaun’s been in the job for what 3years now. Time to show them the metal mate.
What do you think Paul Hallam, Otto Richter, and jimmy Wilson been working on for the past 18months..? (Because it ain’t two MREs is it - what? - a month’s work - tops?)."