Member Info for schlemiel

I'm at a loss to work out this stock

player on sell side

Lux - Brilliant!! It never occurred to me. Peel's everywhere. I'm drowning in Peel's. I love that woman. Enuff from me...off to queue up with the rest of the hoi polloi...fcuk me (excuse the French), it's like living in Soviet Russia...one piece of bread and a hunk of lard for 2 roubles

it's the usual MM doing the selling..t-ssing hunt

cheers fellas. Enlightening. No need to lie awake now perusing GGP. I can now lie awake dreaming of Diana Rigg giving me a massage and feeding me grapes. That's when she was in her 20's, obviously

thanks

book moved to buy side

Cheers PG

You say 'minimum amount' Newcrest wanted. Did GH confirm this. I say this simply because a desire to achieve the minimum does suggest a desire to raise it upwards to achieve more than the minimum.

thanks anyway

I think it was the UT at 4.8 that caused this. Odd

fomenting as they do - no need to reply, just musing -

Why does Newcrest want first refusal over GGP's other licences? That expression of interest is a positive and does suggest they see potential value what may lie beneath. Does Newcrest see a geological extension from their previous involvement in this location which may explain the insertion this part of the agreement?

Why 5% at market value following the various hoops that Newcrest have to jump through before that happens? Why not 10%, 2%, 15% or even the remaining %? Why 5%? What's the corporate reasoning behind this figure from the perspective of GGP and from Newcrest's angle? The 5% appears at first read to be an arbitrary figure but cannot be. There's always a reason.

The Havieron deal is in many ways outdated in that it was negotiated and agreed to upon information not known. Only now, after thousands of metres drilled, has the true scale of Havieron revealed itself.

Has anyone seen the full agreement?

Lenz -

https://www.911metallurgist.com/blog/how-to-value-gold-deposits

https://www.wa.gov.au/government/document-collections/covid-19-coronavirus-state-of-emergency-declarations

'Exemptions

Unless exempted, arrivals from interstate will be ordered to self-isolate for 14 days.
Exemptions will apply to essential services and essential workers, including health and emergency services, defence and policing, **mining industry workforces**, flight crews and freight of essential goods, via ports and trucks – with strict guidelines in place to monitor and manage this.'

'market maker'

FB - I thought so.

That eod price spike looks very tasty.. a market market got wind of some news or maybe a heavy seller cleared?....

I've only been here on and off for a few months and already my nut's wrecked ;)...top turnaround

I think Lenigas was, no longer, involved at Antipa or was it Artemis? Both operate next door to GGP-Newcrest

I was encouraged though to see our German friend on the bid for 15 mins or so during mid-day. He's been way off touch for weeks and then he comes alive. I wonder if he's the one responsible for turning us around this afternoon?

Mining is at the heart of the WA economy. The WAG can't afford to allow this delay to continue for any material length of time.

The next 4 weeks should be very interesting as we build towards the drilling update from Newcrest end of April.....I wonder if Biswas will present video-conference or something similar?

book looking tatty now...

Some on here want GGP to take it to production. I want a fat cash payment from either a full takeover of GGP equity or special divvies from selling off % of GGP licences. What will eventually happen? No idea!

If GGP keep 30% they'll need to find 30% of the capital costs of bringing Havieron to production...that level of dilution in whatever form is deleterious and if there's one thing you can be sure of with mining projects, the final cost will always be above budget, ALWAYS.

Show us the money Newcrest

Hoof - I suppose it depends on what they do with the shares - Do they exercise and then keep or do they exercise and sell directly into the market. Either way, it's irrelevant to the material value of GGP's assets.

I don't see what's in it for NCM. They want the full leverage from Havieron to give Telfer (one of NCM's main earners) renewed life. the last thing NCM want is p-ssing around paying out cash to GGP.

I suspect