Member Info for schlemiel

NCM's stake in Havieron will not be capitalised on its balance sheet. Costs associated with Havieron will be accounted for as a cost to revenue and therefore profit

The raison d'etre of a public forum is open debate. I mean, we live in an oppressive, stultifying and utterly authoritarian environment as it is with the fascist left taking control of our language and our every dwindling opportunities to express our views.

Chill, and let posters get things off their chest, express their concerns.

Havieron :

https://minedex.dmirs.wa.gov.au/Web/sites/details/d1ce4a05-7740-4262-82fe-fb0b31cd310b

Scallywag (S0238507)

Site Initiated Site Initiated 11 June 2020 11 June 2020 Yes

https://minedex.dmirs.wa.gov.au/Web/sites/details/c2da1426-5403-77f8-8470-f51ccba64a59

The MINEDEX is a database of valuable information for details various events initiated by companies that hold operating licences held by with the WA Gov

It's a good source of info for anyone who feels the need to browse such info if one is bored on a Sunday

Vf

A tad patronising. As with everything in life you learn by doing and then you learn by the mistakes you make by, doing. If we adhered to your reasoning then that process of doing would never be attempted.

I encourage anyone and everyone to get involved in the markets but safe in the knowledge that you will lose money.

Losing money is the price you must pay for learning how not to lose money in the stock-market

Be content with what you have and don't stress yourself out by adding at higher prices. If at any point the price is properly crushed by some left-field event (CV19 spike etc) then add at reduced prices, if possible. If that deflated price doesn't occur then it's no big deal. The beauty of GGP is the 'cash in the bank' that is our 30% in an ever expanding AG-AU T1 discovery. And the knowledge, unlike the SXX debacle , that the capex required to finance our % of its development for processing at Telfer is pitiful compared to our company size. And therein lies the real beauty of GGP, the tiny capex outlay to achieve maximum value. It's a dream scenario with upside from nearology exploration drilling thrown in for next to nowt

if Daniel Morgan's (UBS analyst) price upgrade (for Newcrest) yesterday as reported by PG is based on the newly discovered high grade Breccia zone to the NW of Havieron? If this is the reason for Morgan's hefty upgrade then can we assume that this newly discovered zone is far larger than we have been told? Or is the reason for Morgan's upgrade based on something other than the newly discovered Breccia zone

I don't know as my knowledge of such matters is of so tiny you could compose it on a postage stamp. It's an interestin' and enticing thought though

apple - LOL

1g - He's a belter that guy-lass

His Elliot Wave analysis of the GGP share price predicted 15p about 3 weeks ago. His EW analysis has been spot on all the way. He's targeting 20p.

Anyone interested in this area of market analysis should check out his work

https://uk.advfn.com/forum/search?q=sahara&index=posts&post_poster=on

Jerry -
Yes, that's what I initially thought and then reason went out of the window and I began thinking does Morgan know something we don't ie a blockbuster offer for our 30% and then reasoning kicked back in again. I must be going bonkers

thanks for the injection of logic, clarity and reasoning

Is this UBS target price increase based on the assumption of Newcrest owning 100% of Havieron? I wonder if this is an inference?

I suspect that's Daniel Morgan from UBS. I sent him the Newcrest job advert for the Early Works Manager at Havieron. He didn't reply. A bit rude ;)

I suspect he knows more about Havieron than most as he's the one directing questions at Biswas etal when the board meet up and publicly discuss FY results with various analysts

I wonder if he knows more than we do? I bet he's following PG on Twatter

go on my son, ya little fcuker

I had intended to sign off but saw gold smash thru' $1900, then saw Paddy's barnstorming dimensions on Twitter and the saw the price rallying so thought i'd join in the fun, again!

Sanboy -

Sorry fella, that came across as quite patronising. We all have a lot to learn but then that's why were here

signing off, 'ave a gud weak-end all and let's hope we can rally today

expect more of this options-warrants exercise selling each time good news is released...it's the nature of the beast for the time being (done respectfully though), unfortunately

Mate, it's Mineral Resource Estimate (MRE) though the first one will of course be the maiden MRE

Bidd

The price has already dipped fella. Have the sellers now departed for today?

The options and warrants drag are pain up the rectumius but they have been an essential source of funding that has brought GGP to this point so swings and roundabouts

MF76.

Just be careful. I don't like to see anyone lose money and become exposed. Yes, it's not my business what others do but I've been in a position where I have lost a decent amount of money and the consequences can be very damaging.

GL

Exercise of Options and Director Dealing

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development company, announces the exercise of options and sale of shares by Gervaise Heddle, Chief Executive Officer.

The Company has received a binding option exercise notice from Gervaise Heddle, Chief Executive Officer, for 5,000,000 options at 2.0 pence per share for a total consideration of GBP100,000. As a result of the option conversion, 5,000,000 new ordinary shares are expected to be admitted to trading on or around 31 July 2020 ("Admission").

Following Admission, the total issued share capital of the Company will consist of 3,779,206,631 ordinary shares. As such the total number of voting rights in the Company will be 3,779,206,631 ordinary shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The Company has also been notified that Gervaise Heddle has sold 3,500,000 ordinary shares of 0.1 pence in the capital of the Company ("Ordinary Shares") at a price of 14.6 pence for a total consideration of GBP511,000 on 23 July 2020.

Following the option exercise and sale of shares, Gervaise Heddle has an increased holding of 76,750,000 Ordinary Shares, representing 2.0% of the issued share capital of the Company. Additionally, he has 27,000,000 share options at various strike prices.

nm