The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Lol what can I say they were dark times tried to erase them confusing my memories
But that's the point about it being realistic. Newcrest would want to purchase before the If of scally and lumped in with black hills which aren't proven. They would be a calculated risk on top of proven resource at hav. So they would look to purchase now whilst potentially cheaper rather than price in other projects.
Yes I'm pre newcrest days too. Back then might be lucky if there were 10 posts on the share bb lol especially when newcrest walked away. GH has done a great job having shareholders interest, I'm sure he is the best man to get the most value from the situation and like you say have the right players on his side.
Yes I agree we are all shareholders in the same company. All trying to make money
Yes they do. Their farm in agreement was the market cap of the company at the time. Newcrest accounts showed underlying revenue 2019 of 560million (US) and 5 contious profit years. The telfer mine end of life estimated in 2021.
Yes we all know that. But a takeover won't price in potential of our projects or give your market value on areas which have not been proven. That's why it has to be realistic
In my opinion Ggp will soon be bought out. All the characteristics are there to see. We know the potential of haverion which has driven the price and the potential scale of other fully owned projects Ggp, why would you not buy this company may be harder to answer? What do people feel would be a realistic price? Try to take away the emotion and just think in business terms, in my opinion between 20 - 30p. If anyone's estimates are huge please provide reasoning which may back it up. GLA
Also, as they have delisted they dont need to provide any financial data publicly. So you wont know where the money is to the penny...
I've already written off my initial investment. I think most want to get heir money back. Do you have the link for the last rns anywhere please?
Yeah steady increase which are nice to see. Hopefully more positive news end of this month. Still believe this will be alot higher final quarter of this year. My target still remains 10p to top slice, already derisked intial investment so just enjoying the ride.
Have investment here just like the rest of us from the lionsgold days. Just out of curiosity what month are we now saying is the relist date, is it May? or has it all changed again. I've stopped following any news on the boards for this, alot of angry shareholders thats their prerogative. I'd just like the the new estimate if anyone can help please?
I think realistically the best option would be nc buy hav as atm that is the only viable prospect the company has the rest is unproven and this takes a lot of time and money to get to this stage. Hav hasn't just been discovered the last 3 months.
Once sold shareholders have the option then of selling part or all of their holding and the personal choice will be to see what happens with the other licences. My guess is alot of profit will be taken as nc don't need ggp to mine it they have everything in place. Ggp then also have a great business relationship for any other licences which come good.
If that can be said for aim. Looks like the sp has stabilised this week with the market waiting for the next news. Great progress so far this year. The recent swings in share price has allowed mms to fill orders and ppl to take profit or LTH to derisk. The usual constant ramping everyday or deramping means after that every possible outcome can be said aloud so eventually someone is right. Seems like everything back to normal for the time being...
Lol when is it enough?
I guess that's what makes us all different. If it goes to 10p then why not 20 or 30p. Would be nice to have the dilemma of course. I do agree though I see another 2/3 years of this share revealing the true potential of hav before new prospects are shown to us.... Starting it all over again lol
Still believe the share price will double towards the end of the year IMHO. Its great to see LTH getting rewards for their faith in this company. They have a solid foundation to build on lots of exciting times to come.
Mms will take this up and down and I'm sure swings will happen again. Despite what ppl may think about the Mms theirs nothing you can do but play your own game.,no one is talking about solicitors when the share price goes up?? Or that that aim is rigged??
Enjoy the ride and take your profit when it feels right to you as nobody on here actually knows what's going to happen. Next target for me 15p anyone else have one?
Involving any lawyers will not make a difference. If your a LTH holder and believe in the share and direction the research suggests then you just have to handle the swings whether they are up or down. I doubt if this spikes through the roof anyone will contact lawyers about the mm
I prefer Watson
Happy I de-risked earlier in the week for a free ride. I'm still looking at a 15p target by the fourth quarter 2020 to take more profit. Today proved we all know slightly less than what we thought and any profit anyone is sat on is worth nothing until you actually take some out
I recently top sliced to give me a free run at this share and expand my portfolio. I'm planning on taking more profit at 15p which I believe would be later this year. Anyone else have anything similar in mind?
Il be happy if this stabilises at 4.5p this week. After all the recent news the share price needs to settle before the forthcoming news and institutional buying.