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can you remind me when we should hear about the NDA
Thanks
Redirons.
Agree with you.
I would just add as its nearly xmas maybe as holders we should say a big thank you to the drill team and those on the ground who are working their socks off to get us ever closer and doing a fantastic job.
I drink a tinny and toast those guys !
Tigger
I presume the longer the negotiations went on the more finds will materialise hence a strong hand for GGP
Another reason why NC will want to pay fair value and get a deal done fairly quickly imo.
I think they will be paying top dollar.
Yes thats all it takes for the mood to swing from positive to negative.
We should be more worried if NC did not want HAV
I think its a great RNS and " One small step for NC and one giant leap for GGP" I am over the moon.
Lets not try and look for every possible flaw and conspiracy.
You said it all but I am a glass half full person rather than half empty. This way of getting to fair value is forcing both sides to try and be up front and be on the ball rather than picking a a high or low out of the air. Thats why its down to being the closest to the valuation. Not that I think the 3rd party will step in as we have two very experienced companies with the right people on board and paid enough to get this to where it should be. I have no reason to distrust them. But all you can say is that you are " suspicious" . If I was invested in a share feeling that way I would exit without hesitation.
Joe. Read the RNS as to how fair value is going to be arrived at for goodness sake.
Its not a take it or leave it bid. Its the fairest way to establish the value.
And there is a seperate body to decide.
I dont think you can get much fairer than that.
Can you suggest some arrangement that is better ?
Dont forget though Newcrest will want this bad real bad.
1) The location to Telfer
2) Mine life likely years and years
3) Further promising areas ( Open at depth and all sides !)
4 ) And of course the second lowest cost gold mining in the world
There is more to add but I think that paints what I call a pretty picture !
GL
Sani
I have no doubt it will be fair value. Where else is the ore going to come from to feed Telfer. Its like buying a house location location . I think the partnership between the two companies is a good and strong one we have no reason to think otherwise.
I have to say its great tonight to see and feel the humility and compassion of our GGP posters tonight in support of others on this BB.
Its a far cry from the antics of yesterday evening from some and what we have had to endure here many times. However I believe good will always prevail as its so much more powerful. I wish everyone a peaceful, safe and happy xmas. And of course a prosperous New Year !
Take care and good luck to you all
Sani
The NDA is likely the game changer here !
Cant wait.
GL everyone and take care.