Member Info for schlemiel

Jerry

Keep your politics to yourself. This isn't a political forum

Filtered

MFU

What percentage change is that? ;)

Bloody mathematics...

Cheers all....head's clouded today,

So who is the previous owner? Confused as always. Newcrest?

H79

Yes, it's impossible to understand how this price is determined. A UT at 11.9 and now sat at 11.10 bid. Perverse

UBS published their thoughts on RC and Havieron on 26 May 2020. I wonder if we can get hold of this note from UBS and see it contents?

I'll send an email to Daniel Morgan at UBS. I don't know the fella from Adam but if I get any joy i'll post it up here

thanks PG

strudel

thanks

Levi Spry, JP Morgan Chase & Co, Research Division - Research Analyst [22]

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'So any of them being studied right now? So cutbacks, pre-feasibility studies going on, on that kind of stuff? I understand you've got to drill Havieron for probably a couple of years before you can commit to something. By then, your reserve base will be exhausted. So what's underway right now other than drilling?'

-

This transcript is only 3 months old. Newcrest have already committed to mining but the reference 'your reserve base will be exhausted' ( I assume this related to Telfer) does reveal the urgency and a certain degree of desperation to bring Havieron into production as quickly as is technically possible.

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Interesting that Daniel Morgan (UBS Investment Bank, Research Division - Director and Analyst) from UBS was a participant at this conference call. I am assuming he's responsible for statement Tweeted by Primorous regarding the value from Havieron not being 'priced in'.

UBS

What's intriguing about this is the inference that these discussions (between USB and their unnamed clients) contain information not released to the market...If the information had been released to the market then they'd be priced in, surely?

What's the black square ? It's obviously man-made and a fair size as well

https://twitter.com/priminvestments/status/1270026407180189696/photo/1

'Based on discussions with clients, we think that the upside from Havieron in particular is not fully appreciated and priced in'

Who I wonder are these clients that UBS refer to?

'Good job schools are still closed.'.PMSL :)))

I love it. Squabbling over the application of percentages. That's why I love this thread...Brilliant

jerry - It feels like it but I can't work out what's going on and therefore am perplexed...ah well, the fundamentals are in place so in time they'll feed through

my broker used 11.10p...

the market really is a curious creature at times

that 3m was a sell....probably the warrant holders

I can't work out what the f-ck is going on here..bid at 11.10, sold off throughout the day and then a massive UT at 11.9p....just very odd trading pattern

I bet it's the warrant holders selling into strength...pain up the rectumious