Member Info for MontyMcgree

Do you feel better for venting Tom?

*if the resource is so good, why haave we not had a single bit of interest in anyone buying us out?*

Probably want to know what they're buying first? haven't got the proper feasibility study out yet, I am sure theres stuff going on in the background though

Speedy Telfer isnt worth much without Hav - https://www.afr.com/companies/mining/newcrest-keeps-telfer-s-home-fires-burning-for-havieron-20210812-p58i75

It would not cost 1b to buy, it would probably cost 1b to create a similar facility

It would probably just be baked into the price of Hav as they go hand in hand

Freddie, SP was due to fall whomever was in charge

Him and his team managed to keep the 5% (yes Newcrest declined but bc SD successfully got an independent party to agree 65 million was fair)

Imagine if he wasnt so proactive with the updated mre and we lost the 5% for the paltry amount Newcrest offered, that really would have made getting to the 2b+ market cap you expect harder

Thank him

In a world of big fish eat little fish theyre really going to let the little fish get the spoils and get Hav & Telfer for a good price? I really cant see it happening, makes no sense.

Bamps that 5% shouldnt come in to play

SD was forced to give a price and it was forced to be very conservative because if an independent party said Newcrests number was fairer then we would have got the paltry amount they offered

+ of course as you know, based on outdated info

1.9 billion total value would be pretty dreadful

Jbar, Is it in anyway conceivable GGP could buy the rest of Hav and Telfer presumably(?)

Speedy, is debt strong globally? I think we would have to say yes, lots of debt

How much of that debt is in dollars and needs to be repaid in dollars?

So how can one doubt the strength of the dollar when there is so much demand

I will worry about SP when we are producing, until then its just a number because I don't plan to sell

You or I being concerned about SP wont change anything, all you can do is buy, sell or wait and put your energy into more constructive endeavours

Just to tag on to my last post: if you blame other people for your mistakes you will never learn anything. Take accountability, be mad at yourself not SD.

Gervaise had the fun part, the discovery, gold and gold miners doing well in 2020; gold was going to $3k or 10k very soon depending who you listened to

SP was wso overblown it was silly, its easy to say in hindsight and I should have taken profit but I love the story, love gold, it was a fun pat on the back atmosphere and I was enjoying the ride too much

SP had to come down and I dont see how Shaun could have done a better job since taking over

Drill results haven't resulted in a rise since 2020, par for the course

You could make a case for GDXJ being a good way to go too

But yeah I agree with you, its hard to see how the only way for GGP wont be way up from here and it should be a nice ride until production, but time will tell as ever.

Apparently certain big crypto exchanges just print their own money by creating dollar tokens to use on their platform (disney money) and incentivising people not to swap them back for dollars by offering high interest on the tokens if you just leave them on the platform as is

Basically = give us your dollars for our play money because you can earn more play money; as long as people don't ever want to cash out for real usd its all good.. massive ponzi

^ Its funny how the crypto bros echo gold bugs in saying currency is worthless, meanwhile creating something totally worthless themselves

If tether turns out to be more of the same, which a lot of people suspect, then the crypto market will totally collapse

Keep in mind its not just gold, spx is up 4%, btc bounced 10% etc and yes the dollar has softened slightly to take its foot off everything's neck but still it doesn't make a ton of sense for people to be bullish on stocks or crypto

Is everything in the markets just big financial institutions bots auto-buying at certain signals? it seems that way

I watched a video yesterday that was very interesting highlighting that yield curves are saying the worst is still to come in the global financial system - https://www.youtube.com/watch?v=Ass8jy0Z2lE&ab_channel=EurodollarUniversity

Well Nubi lets put it like this, if you looked at a snapshot of GGP as a company late 2020 and now in late 2022 and had to give one 8p value and the other 30p it would be a very easy choice which one looks more deserving

But as should now be obvious, momentum is more important than reality most of the time

From keeping the 5% to all the fantastic news today, all within a month, incredible

Really looking forward to seeing the growth and how this plays out over the next couple of years

She did feel eternal, feels very surreal

A quick passing at that age after being able to maintain most of her facilities into her 90s is a blessing

King Charles hey, again how surreal.

is more*