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Logged in late and missed this bit - this is only reached at the end of stage 3, what did he say exactly?
MH
Did someone work out a while back that for every 10 dollar increase in the Price Of Gold Newcrest's annual revenue goes up $22million?
MH
trying hard to avoid the board, but it can be addictive. All G with GGP, nothing has changed.
MH
Goldman Sachs analyst interested, these guys don't mess around.
Plus undercover cave mining trials have gone well at Telfer, nice to hear
All the metallurgical and environmental tests for declines had begun by the time of their last quarterly, 31 January, so we are on the way guys and gals to those declines and further expansion!
Sandeep refers to High Grade mineralisation in the drills put in at Red Chris but few of the results seems to show above 2gt. Interesting compared to Hav
Here Here PG!
MH
"VERY REAL POTENTIAL TO RENEW" Telfer
In the Starvest RNS was this line "Newcrest have established a large camp on site to support the multiple drill rigs currently in operation, with an intention to expand this in the near future" - assume he's talking about both the camp and therefore number of rigs? - would be good to see if Sandeep elaborates on the extra 25 million going Havieron's way...
MH
If Newcrest announce Stage 3 this evening, then they have finished Stage 2 and have gained the right to 40% of Havieron - this will shore up support of Institutions further
25p little to complain about! Higher if we can get it!
Can someone post a screenshot of this? have not seen it
MH
I'm still of the opinion that most of us here are lucky to have found this - we are still among the very early entrants to this story as GGP is still under the radar for a huge chunk of the market. Ideal situation is we suddenly become visible once Stage 3 is over and Newcrest have some serious skin in the game and our resource is somewhat defined. Hoping for a big rush into here on the back of next results and Newcrest making clear its intentions for the market and demonstrating the economic upside for it and investors. Maybe then we will see some of the ambitious, but possible, prices reached.
GLA MH
Might have to take my earlier post about a TR1 back!
MH
Now the price is rightly on the way up it will take longer for instos to accumulate to hit their argets, so any resulting Tr1s will take a bit more time than it did for Beetham's for example back in the low 2s and 1s
Not to sound like a ramper but this does feel like it's genuinely at the start of the value curve and itching to start climbing. With the next set of results and what we see after the next 20-30,000 meters of drilling, plus confirmation of stage 3 and institutional money beginning to flow in, I wonder how steep the climb will be as we see the value recognised.
MH
Thank you all, exciting stuff
Has the period during which if the share price stays above 3p for x (was it 5/10/15???) number of days, certain warrant holders have to cash in their warrants or forfeit them, anyone know?
Don't know if you are in dialogue with him PG, but I wonder how these results fit in with Salpetie's rough calcs??
MH