Member Info for petersalkeld

Hi Bamps

Does the RNS help or hinder that idea

Benrumpson1 - you don't know how much I want to believe you are right

When Havieron is in production as a mine, how will our percentage of the profit be calculated?

As they have all the wherewithal what will our 25% be based on?

I assume we will have to pay 25% of al the costs related to the whole process

I've puzzled it out - our SP has a fear of heights

Do you think SD will take questions on the 5% ?

I thought the 6 weekly drilling report was in the JV agreement but I'm probably wrong

One of these days I will get to a get together as it feels I already know so many of you. Unfortunately, as a 24/7 carer, that isn't possible.

But we are moving to a more sensible property shortly so I may be able to get some one to sit in, as it were, and attend one in the future.

It will be very nice to put faces to names - The only one I have ever met is Bamps

I had an identical reply to my email as well this morning

Bamps, why don't the instos and funds know all this and start investing?

We don't have to accept it

Thanks Paddy - those comparison images are very impressive

Valuation: Dec’22E GBp25.8/sh target price implies 93% upside

We roll our valuation to Dec’22E and tweak our throughput and grade profile to mirror GGP’s release for our SLOS model. We continue to assume a subsequent block caving operation will be developed within the lower grade breccia zones, commencing production in 2029 (vs 2028 previously). We maintain our gold and copper price assumptions at US$1,850/oz and US$8,500/t respectively alongside a 5% WACC to reflect the tier-1 jurisdiction. This drives a target price for GGP of US$1.27b or GBp25.8 per share, based on our DCF model as well as a US$100m valuation for the remainder of GGP’s exploration assets, offering 93% upside.

That seems deliberately naïve
Obviously to anyone involved the figures of an MRE must have a very big influence on the 5% discussion

Bamps, In what form is that restraint?

Could GGP say to Newcrest “As a part owner of Havieron, so that our shareholders are fully informed as to the current situation, we are going to produce our own MRE taking into account all known and up to date relevant information”

Is this possible or is it forbidden for the junior partner to do this?

Does anyone know the definitive answer to this rather than just opinion?

Obviously Newcrest and GGP must still be talking about the 5%

I assume we will never know Newcrest's figure or GGP's but it would be very interesting to know

Would these become known if it goes to arbitration or will is still be totally confidential?

It would be great if GGP were to follow Bamps example and issue their own regular up to date summary of GGP assets.

We shouldn't have to just rely on Bamps reminding us

good post Tig

Two sells of 250,000

That seems more than just a coincidence

hydrogen, If the following is true

"If the parties can't agree by the revised date on the 5% then it goes to arbitration. GGP cannot refuse to honour the 5% though NCM can decide not to exercise their option."

Don't they have us over a barrel?