Member Info for schlemiel

It's worth noting that the JV is a commercial (civil) agreement. There is nothing stopping the two parties scrapping this agreement and coming to another form of agreement

this is amazing

I bet Newcrest has 'paid attention' to GGP's other prospects

these volumes are extraordinary relative to a normal GGP trading day..there is surely something in the pipeline or the jungle drums

Otto whistling Deutschland über alles

yes

I don't think it's an auction but a very temporary inversion of the price as some Market Makers rapidly adjust their bid-offer prices to reflect the manic activity of trading..in effect, they can't keep up with the pace of trading..almost running up their own backside...well, that's my understanding anyway

Helmut's back

little resistance at 4..3

sorry. I said it was running out of steam. I hope no one took that as a sign to sell. Apologies...keep my mouth shut on such matters

cheers JonnyEvans - star man

we could be temporarily running out of steam but the volcanic rise in daily volumes speaks, volumes...someone's taking a decent position..let the sellers take their prize

RNS

director buy but not much

is either short or buying for a client

So GM is expanding to other GM brands and yet SEE feel no urgency to inform the market how this would impact SEE's future income levels. The NDA argument, if valid, is strangling this stock

And no doubt Newcrest will have already worked out and possess a general idea of the amount of capital outlay needed to build a deep mine and then ship the valuable ore to Telfer. They've had long enough to do so. 1995 'long enough'

PG

What a great piece of detective work. Thanks

Two points -

1 - Newcrest will therefore have a pretty decent understanding of Havieron's geology and therefore a fair idea of what's contained within give or take the usual margin for error

2 - Newcrest is viewed as the master of the block-cave technique for deep ore bodies. In the mid-1990's Havieron would have represented a technical challenge even for them but now, it's a cakewalk for them and that great's for us. It is their perfecting of this technique of deep-mining that attracted them to SOLG's Cascabel in Ecuador.

3 - It's a deep ore body and it seems may go deeper and wider meaning it's highly prospective as per your posting which does suggest further upside.

thanks for that.

A tip by Simon Thompson in the IC usually attracts decent volume and price action

This is the start of the article but it's far longer than below. MTG does hold GGP which is why I found the MTR article

'Metal Tiger

Aim: Share price: 1.275p

Bid-offer spread: 1.25-1.30p

Market value: £19.6m

Website: metaltigerplc.com

There is a value opportunity to exploit in the shares of Metal Tiger (MTR), an Aim-traded investment company primarily focused on undervalued natural resource opportunities.

Not only do the shares trade on a 25 per cent discount to the company’s last reported fully diluted NAV per share of 1.71p, but there is massive hidden value in the balance sheet, too. Furthermore, following last autumn’s takeover of Australia-listed MOD Resources by Sandfire Resources (Aus:SFR), a A$1bn market capitalisation cash-rich and dividend-paying Australia-based mining and exploration company listed on the Australian Stock Exchange, Metal Tiger now holds 6.3m shares in Sandfire, which have a current market value of A$36.3m (£18.8m) on which the company earns a tidy A$1.5m (£0.8m) annual dividend. Metal Tiger received a £540,000 final dividend from Sandfire shortly after the MOD Resources takeover completed at the tail end of last year.

In effect, the value of the Sandfire stake and net cash on Metal Tiger’s balance sheet backs up all of the company’s market capitalisation of £19.6m, leaving the rest of its investment portfolio in the price for free. That’s anomalous as it implies there is nil value in Metal Tiger’s other seven listed holdings which have a combined value of £3m, nor any value in its unlisted holdings which I calculate have an aggregate value of £8.5m based on their acquisition cost, latest earn-in valuations or read-through valuations based on recent transaction multiples.

By my reckoning after accounting for the A$2.4m (£1.3m) Metal Tiger has invested in last week’s Australian Stock Exchange IPO of Cobre Pty (Aus:CBEXX), a company offering exposure to the Perrinvale copper project in Western Australia, its total investment portfolio net of all liabilities is worth around £31.9m, or 63 per cent more than its own market capitalisation.'

Tipped by ST in the IC

Yes, thanks for that. It seems Pitt ain't no Greta acolyte. I like that. Many are now growing tired of 'climate change' fascism. Pitt appears to be someone who will not be intimidated and will confront climate change activists and those they lobby for. Fracking and shale gas retains its importance in Canberra and the NT