GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
Newcrest have stated they will be using gold from Havieron in Telfer. This means the`mine is a 100% goer, which we already knew. To use the gold I am hoping they will need to do the PFS first. I could be wrong. They could be extracting gold without a PFS.
My opinion.
Everything is on hold until PFS and indicated resource estimate is released. Shaun Day will not release anything about future plans because we have nothing. Once released GGP will have asserts they can borrow against and an income stream within a set period.
Have a beer and enjoy the extreme weather we are having in the uk.
To be in the ground floor of a potentiality multi billion $ company is an amazing opportunity. For Otto to come on board he would have to be confident that GGP could become a multi $ pound company. Why would he leave Newcrest? For that to happen Havieron must become a mine. As he has inside knowledge then he would have this answer.
He can obviously see the potential.
US is trying to create inflation by printing money. The entire west is doing it. The poorest in the west can earn in a day more than a doctors earns in a month in some parts of the world. The west lives on stuff made by people earning peanuts. They stop printing, we stop buying and the world economy tanks. So they set rates at stupid levels. This means debt is cheaper in US. You will see companies in the US borrow cheaply and buy up foreign assets. It could happen to us.
I accept your logic.
With a US listing and a very good Q3/4 revenue CINE could issue new bonds paying off the old debt. Apple is issuing bonds at 0.6% for 5 years. I know APPle. CINE prove they will generate a good income could issue 5 year bonds at 2%. In the US the debt is being set by the Fed, which is keeping it as low as possible. 8 billion at 2% is a 160 million per annum interest. They are giving money away in the US.
A family watching a film at a cinema is a really good night out. Theres more to being out than a pub.
Has covid not taught you anything, Humans are a social animal. We get something from being out and about that is almost spiritual. Going out will never be out.
We have a large debt, not sure about interest rates. If we get listed on US market will we have access to US funds. We could raise a new bon that pays of the existing bond at half the interest payment, This would double share prices.
I know bond prices are so much lower in US.