Member Info for Pooroldman

A White City address in the past meant going to the dogs. Quite apt with this share price!

I am expecting the share price to move up next week and the spread to increase in anticipation of last minute top up of this years ISA and that of 22/23 later in the week. Need to keep an eagle eye to ensure not over paying when mm’s juggle the prices to trap the unwary.
Keep on holding and if you have the funds maybe some more buying. GLA

I can see that we will have a huge number of transactions today. Certainly additional interest in GGP that we have not seen for quite a long time.
This is going to make the price very volatile during this session. Looking for 17+ for close of business

With so many shares held in nominee accounts, it is extremely important that each shareholder knows the process to follow to register their agreement or not to any forthcoming offer.
Corporate holders will definitely vote as they do this as part of their everyday business.
If we want to ensure that a low offer is not pushed through by corporates just taking a quick profit, it is imperative that we make our votes count.

My view on the present situation is that we ignore the 5% negotiations. Eventually the two companies will come to an agreement, even if it goes to a external valuers.
The way the agreement Is structured, allowing Newcrest to go early we have to just let SD and his team to do their best to extract the best price.
We have no input whatsoever in this 5% and therefore we should just sit back.
Where we have total say is if Newcrest want to buy the remaining 25% of Hav or GGP in total.
We either sit back and wait to mine HAV as a minor partner or accept a premium price which is acceptable to a minimum of 70% of shareholders.
We have endured 14 months of negative SP, so we wait it out and see whether we become an HAV miner with an income stream or just much richer from a buyout.

dcgc.I can see no relevance between the present market cap of Newcrest and the percentage attributed to HAV. .Trying to take a figure plucked out of the air and trying to value that as a percentage of a company with a number of International projects in a variety of minerals is an impossible task.
Timbertrader. Taking up your earlier good point on POG the same certainly applies to the copper element as the price percentage increase there is even greater. Looking forward to a richer future,

My point is that they will put in the lowest bid possible that they think will win and avoid this going to arbitration. Going forward their interest will be in all of GGP not just Hav. That way they have all of the future prospects at a massive discount.
Other small prospecting companies will have little choice but to deal with the few big players in the business. All of them will treat small companies in the same way because none have the financial resources to go it alone.
I would love to think you are right. Next week or so we may have the answer.

Sorry, but I disagree that Newcrest will be fair in their dealings as they want us well funded. I think they will drive the hardest price they can, which is to the benefit of their shareholders.
They want us going forward to be in a weak position in order that the remaining 25% they would like to purchase will be available at the lowest price. That is just business whether we like it or not!

Just to be clear Newcrest have an option to buy within 30 days at the predetermined price but not an obligation to purchase.

It is good to see that other holders are looking at 88p to £1 for their shares. What I find hard to fathom is whilst we are looking at such great numbers we cannot get the present share price to break 16p. I would be ecstatic at those high valuations but the gap we have to close tells me that a bid, if it comes will be a a lower level than those expectations. Also with such a large gap Newcrest would definitely be buying shares at these low prices if only to assist in getting a bid accepted.
Any offer at these high prices being mentioned would be transformative for my family, so my fingers are crossed that posters going for high numbers are correct.

Given that the share price has nearly halved over the past few months and today’s reaction to the RNS we can see that the market is not looking very favourably on our short term prospects.
Let us hope they can make this strategy work very quickly otherwise we will just fade away. Not pleased to say this as I have for me, a considerable amount invested looking for this share to come good.

My main point really was that the future of HAV /GGP after the 5% is determined is in our hands.
I and most others on here want a very substantial payment for any buyout, or we just hold until our JV mine starts producing large amounts of gold and copper. Looking forward to great results.

My understanding of the option is that they have asked for the appropriate valuation for 5% to be put in place. My understanding is that they are not obliged to buy. I may be wrong but that was my reading of the agreement.

Everybody seems to have an opinion on the value of the 5% option that Newcrest hold. Using that as some benchmark for future company value looks to be of little help, particularly in the case of a Hav or GGP buyout.
The major difference is in the fact that Newcrest have the upper hand with the 5% valuation as they have the option to either take it up or not, depending on the valuation that is either jointly assessed or by the independent valuers.
The balance of HAV alone or the company as a whole is a different scenario as there we have the upper hand. Any offer for this needs shareholder approval. Every one of us has a price in mind and judging by the comments on this bb it is not going to be at a giveaway price. With the majority of shares still in the hands of private investors we would not be blindsided by large institutional shareholders selling us on the cheap.
The 5% will probably go, maybe at a price we like or not. Everything after is in our hands……

Obviously we have all been concentrating on the amount of gold and the likely future price. We shouldn't lose sight of the copper content. Price of copper has jumped substantially since our discovery. If you remember some of the earliest announcements from Greatland that the copper component of this find would be extremely important in enhancing the value of the mine.

This must be particularly demoralising for the Novacyt staff. With the current share price and other hard assets on the books the staff and all their skills and knowledge and future earning potential are worth zero according to the market.
If it continues dropping much further you could buy and asset strip the company and close up shop and be in pocket.
Have to assume that we will see some upside to the share price very soon.

On a brighter note our friends in France have pushed the price up by 19 cents this morning. Let us hope we can maintain or better that for our market open tomorrow. Looking forward to great 2021 results and good news on other medicinal breakthroughs.

Today’s sh*te share price seems to reflect this week, this month and this year as a GGP share holder. Roll on 2022 for what must surely be a better outcome for all of us.

Sorry if I misinterpreted the ordering data. Obviously this was for the saliva test as you say. However with the price shown at 9.99GBP we must have a good revenue source.

See that the Meduflow ordering online is now working. 9.99GBP a test with a minimum order of 5 tests. Not sure how the price is versus the competition, but surely with the shortages being in the headlines we must be making some revenues.