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Some profit taking this morning, hopefully move north after those that want to sell a few are done. IMO
we might have a small overhang around this level to clear if some of those large buys at 121p flip their shares. IMO
If the tracker funds are selling off currently there’s strong appetite for their shares. Risk v Reward worth taking IMO
Novice c36 posts yesterday, working overtime to spread FUD, that’s dedication to the cause!
I’ll be adding more of these silly prices are still available today. Think the annual dividend for last 12 months was c72p so literally hold for gold!
Sorting the debt finance is key now IMO. The updated MRE supports these discussions and hopefully allows SD to close a deal soon. GGP will then be fully funded through to production with no reliance on NCM for cash and no pressure to do a deal on the 5%.
Hopefully we might have some spare funds to start progress other prospects like Earnest Giles. Now that would make JPM’s position very difficult as they rely on the predictability of NCM reporting IMO.
Given NCM have dragged their heals on updating the MRE we should spin out these 5% discussions for as long as we can. SD should sort out the debt finance then there’s no pressure to do a deal
SD again mentioned sorting debt finance out for Hav, which reduces GGP’s reliance on NCM further. Updated MRE key to this process, so IMO news to drop on debt finance soon.
Less pressure to accept a low ball offer on the 5%.