Member Info for sandgrounded

Snap Red trader. lol.

MH01, Telfer is just about making a profit and with the cost of restoring the area after they finish mining, to me, does not make it a going concern. Anyone buying it will expect to get it for peanuts or even with a negative value imho.

The purchaser of the 70% of Havieron, should be in a very strong position. Again imho.

With Telfer being sold off, I wonder what the views of the Western Australian government are?

Will they have concerns over the potential job losses etc.

The politics of such a move after gaining consent from the government over the takeover of Newcrest and now divesting of one of its assets must have been discussed.

Wyloo already have almost 15% of the company if the warrants are exercised. They have also loaned GGP 50 million extra, which could possibly be converted to shares. ( Does anyone know the terms for repaying the loan?).

The BOD have past history with them and lets face it, no one has been trying to defend the sp for some time now.

We are at the mercy of the big boys and we have to hope they will treat us fairly.

My money is on Wyloo making a cheap offer.

I think that knocks Newmont shorting the stock on the head.

We need to look closer to home I think.

Shares 1,162802 cost £13549. Current value £10755.92 down 20.61%.

Believe me or not. It really doesnt matter. I am hoping that the price recovers after contract news to enable me to get out with a profit

And I thought I was cynical!

Being even more cynical, Friday afternoons are a good time to issue bad news. Again hoping I am wrong.

I hope you arcorrect and I m wrong.

I have almost 1.2 million shares in here and will now have 5owait a bit longer to get my money back.

Placing, then news of contracts.

Apologies or being cynical, but seen it so often.

The brokers clients will want a nice profit for investing.

Should Newmont make an offer for Havieron/ GGP, would Shaun ask for the shares to be suspended from trading as a result.

What would that do to those who are short?

If not suspended what would that do to those who are short?

😂😂😂

With thanks to napthman1 on the GGP page.

https://www.australianmining.com.au/wa-government-expands-exploration-incentive-scheme/

They have cut costs, have money in the bank and the BOD have intimated they have got further contracts.

I just hope we can move on from here. Good luck all holders and have a good weekend.

They have held it around this price gor a few days now. I just hope we don’t get a placing rns after hours. Keeping my fingers crossed.

Be nice to get an rns, 7 am on Monday morning re orders.

“ Greatland has a proven track record of discovery and exploration success and is pursuing the next generation of tier-one mineral deposits by applying advanced exploration techniques in under-explored regions. Greatland has a number of exploration projects across Western Australia and in parallel to the development of Havieron is focused on becoming a multi-commodity miner of significant scale.”

Unless the BOD are keeping something from us, I don’t think we have had too many sp changing results since Havieron. I think todays rns will dampen the sp again. Unfortunately.

Thanks TT.

“Assume that both joint venture parties will want to progress this asset (Havieron)"!

Can that also mean that Newmont would like to progress ALL OF THE ASSET?

If the HE money can’t get the buys here, they will return back home. MM’s squeezing the life out of ENET at the moment.