RE: Bottom line, Telfer need Havieron we all know that, otherwise Telfer cannot survive?19 Aug 2022 06:09
Not totally surprised by decision, they wanted it but at their price on their terms. If they had taken the option I am sure most of us would have seen it as box ticked on the road to decision to mine.
The SP has been smashed by short position near now 100m a sustained attack for 18 months
Tonight minimum update on resource and now the 5% decision.
We are now prime for takeout, sentiment squeeze to the max.
Feeding Telfer is Sandeeps Achilles heel, NCM will mine this , but clearly no intention of taking GGP on the journey.
Let’s see what Shaun has to say today. If he has funds sorted, a massive positive, if not we will feel the squeeze further from NCM
The positive, we keep 30% of 20m oz with further growth potential.
Shaun is fighting to keep GGP alive and develop the multi billion company, Sandeep is fighting for his corporate survival feasting at the top table desperate to prove to Shareholders he is the man, he needs the headlines.
The question, is he ? Or is it Shaun Day ?
We are about to find out.
Expect a positive RNS from GGP today and an upbeat performance from Shaun.
Pass another glass of Champagne to be taken every day as I recall.
GLA Saints