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Zoros
A good pespective on where we are. As its a GGP forum lets start with the gold reserves our Mr Brown sold off on the cheap !
Also dont forget our prudent Mr Brown raiding the final salary pension reserves. They were reserves meant to withstand a rainy day but when it came they were unsustainable and hence the end of a decent pension for many private workers.
You may be correct the opposition will deride this government for the pain they have inflicted and rightly so. This very government did the same to them for many years over the " no money left" after the financial crisis. This time around how did we suddenly end up with a 50Bn black hole ? Just remember Rushi was the chancellor all this time so poor Liz in power for a few weeks is simply a scapegoat. It cant fall all on her shoulders and Rushi needs to take responsibility but oh he is now are PM !
Gold will be king !
Lebugue it sounds like another government idea that will be a disaster. Let's face it they are not in control of the countries budget or spending. Crypto sounds right up their street as let's face it the country has no money left as this lot has lost the lot.
I would have expected some sort of update about relisting.
Seav. The fair value for the 5% was based on certain parameters for that 5%. Its not the same as GGP would get now so trying to value the whole company based on the 5% would not be correct. Thats my take on it anyway.
Shame the board could not bother to update their investors on when we are likely to trade again.
Not good enough DEV
From a 2021 RNS. Some should read.
§ The Company is concurrently progressing discussions with several Tier 1 global banks with the aim of providing significant additional funding to the Company for the development of Havieron in the medium-term. To date, the Company has received several indicative term sheets from banks and discussions are ongoing. The Company will continue to update the market on progress as appropriate.
SD has this ship on course and under control.
Rosso
I also think this point is still very much in play and very interesting ( from 2021 RNS)
§ The Company is concurrently progressing discussions with several Tier 1 global banks with the aim of providing significant additional funding to the Company for the development of Havieron in the medium-term. To date, the Company has received several indicative term sheets from banks and discussions are ongoing. The Company will continue to update the market on progress as appropriate.
GL all Sani
Jambo
§ The Company is concurrently progressing discussions with several Tier 1 global banks with the aim of providing significant additional funding to the Company for the development of Havieron in the medium-term. To date, the Company has received several indicative term sheets from banks and discussions are ongoing. The Company will continue to update the market on progress as appropriate.
Thank goodness it did not get taken. We should try and understand the bigger picture and at this very moment in time the ncm picture is different to ggp
Telescope and microscope but there will I am sure be a point where they cross
Speadie. First hope all is well and the road to recovery going at pace. My question is this. If the price of gold goes through the roof how will this affect what you say about refinancing / debt. I think ggp is in a better position today than yesterday.
I dont think SD was ever keen on the 5% offer that after all he had inherited. I am sure if he had been around earlier that would never have been put on the table. It was also never going to be valued in a way that gave full market value only fair market value.
He must be a very happy man today and I am too. Great result. Something I am sure is brewing bigger in the background and as we move ever closer all should be revealed soon. GL all Sani
Spot on Trippy. I hardly post in fact chilling out tonight with a lovely beer. No stress no worries as I am very confident with what I have. The facts are out there and others can dispute if they wish but many have the same agenda. We are getting very close now