Member Info for SpadesAspade

Well that was a surprise 16p UT to end the year on.
Good luck everyone for 2022

Thanks StarBright for your response. So are you saying that we shareholders would be given an opportunity to vote if Havieron was to come under a takeover, as of yet we don't earn a penny from anything we own ?

Hi Sam, I'd rather see the words positive & negative used. Anyone invested should be positive and any Trolls negative.
Just because some of us are uber positive doesn't make us Rampers, otherwise we are all rampers if truth be told.

I will enjoy my day Freddie, as I do every day.
But again if as you say you disrespect me because of what I have achieved in life then that is your poison, not mine.
We all came into this world with the same attributes, what we chose to do with them makes the difference.
I really hope this comes good for you, we all want the same thing, don't we ?

Well freddie, there's nothing like the green eyed monster to show folk just what a PLEB you really are.
Why would I want to follow what someone else does. I hold my own counsel and have done all my life, making big decisions for some comes hard for others not so. You look out for yourself and I will do the same.

Freddie a good investor is someone who has a plan and a target. My price and my target haven't been reached as of yet.
When I can walk away with £10M in my ar5e pocket that is when I will decide to walk away. Not when you say I should.
Small mind = Small target Pal

Freddie, I have stated many times here what imo is ramping. It is someone saying that this will be that by then.
It is not people having belief in what they have invested will come good.
Your just one of the Tit's who for whatever reason seem to think that you know everything when in fact you know SFA

Josh I don't know your personal circumstance as to your position with GGP and have no wish to do so, but I sympathise with anyone who is under water, as I have been there myself and it ain't a good feeling.
But one thing I detest seeing written, by a lot who frequent this board, is blaming us who had the foresight of investing early of "Ramping" this share up just to sucker people in.
That's just not the case. I was as surprised as anyone to see us put on 11p in December 2020.
If we were as some put it, ramping the stock, then surely most of us LTH's would now of sailed off into the sunset, but we haven't, we are still here.

JB, I have been here a many a moon now, and I just don't see what you see. It's not the LTH's questioning the current SP, it's the ones who bought into this chasing that elusive rainbow. The one's who bought in after September 2020 that seem to be causing most of the trouble on this board. And TBF you yourself didn't appear here without causing a bit of a fracas with fellow shareholders. But that all water under the bridge now.
ATB

I keep asking myself, What’s in it for Shaun Day to sell us down the river for a much undervalued price that some of you guys on here keep repeating. As far as I can see, nothing.
It’s not as if he has millions of shares to fall back on is it.
He only has options at 25p to purchase five million, so even if he sold us Lock Stock & Barrel for say a quid a share, that would probably only just be enough for him to scrape by on. So imo that ain’t happening anytime soon.
Now looking at the 5% FMV, again why would he even consider selling that cheaply?Even if you go off Berrenbergs broker note, they are saying they are expecting a further 10M oz from outside the known resource. That then makes 14M oz’s. Now if NCM are saying there will be in excess of a $1000 per ounce profit after AISC, that figure alone would generate a profit of $14B. Now funny as it may seem 30% of that technically would be owned by GGP. Thus the profit would be a cool $4.2B ($1 per share) less of course any taxes, tolling costs etc etc. But what if they keep discovering more ounces. 20, 30, 40 million ounces. What if they find new pods at the Eastern corridor, Havieron North, Zipa etc.
Why the hell do some here say stupid statements like “100 - 250 million dollars is FMV” for what we have. The trouble is we don’t know what we have yet. There is no way that the two companies are going to be anywhere near 10% of each other, and if they are then I think the BOD’s would need their heads examining.
Now I know the question got answered regarding would shareholders have a say if an offer was to be made for the company, but what happens if an offer came in just for the asset ? Does anyone know the answer to that ?
In the broker notes why do they always refer to a % risk factor. Is this just in case a decision to mine never comes. I can understand that, but once it does come does that risk factor element of valuation get removed.
So again back to my original question, of what would be in it for Shaun Day to sell us on the cheap ?

StuWoo, largest by amount of shares held YES. But only second in their % weighting of what those shares are worth monetary wise compared to the rest.
Hope that answers your question.
ATB

It's in the Sprott Junior Gold Miners ETF and GGP are their second largest holding

https://www.sprottetfs.com/sgdj-sprott-junior-gold-miners-etf

I think if anyone has any doubts about were we are heading, then may I suggest you take the time to listen to this great interview by Steve Todoruk of Sprott Global from 2017.
After listening to it, ask yourself why are Sprott still invested ?

https://www.youtube.com/watch?v=iIR2u75UODk

That anomaly is quite simple to explain. It’s were Santa touched down on his rapid race around the world.
Rudolph was heard muttering to Blitzen that he thought his bloody feet were on fire, they’d traveled that fast.

Opinion should have read option. Bloody predictive txt.

Look Fellas, why are we even discussing what the 5% may or may not be worth?
Not one person here seems to have a clue.
I’ve seen some post here that tend to align with my views on what I think it is worth as I have also seen views expressed by fellow shareholders with what they think.
We have Bamps interpretation as to how he sees things and we have opposing views to the 75% ownership.
What I’m saying is just leave it to the professionals to do their stuff, that’s what they get paid for.
No matter how many esteemed businessmen we have on this chat board, I can guarantee this. Not one of em have ever owned a gold mine before.
NCM have given us clear instruction as to taking their opinion to purchase another 5% at FMV. Let both parties sit around the table and thrash out a deal because one things for sure, they won’t be taking any notice of all the Tinker, Tailor, Candlestick Makers speculating away on here.
On that note I’m gonna love you & leave you as off to play golf for a few hours whilst it’s not pi55ing down.
ATB

Me thinks someone here may have succumbed to one too many sherries this Yuletide.
I do hope you awake tomorrow with a clear head.
ATB

Well with a 150 posts here this morning, it looks like I’ll not be on my own when the stampede starts at 1-00pm to go and get the Mrs Xmas card.
Have a Gud’N as they say up here.

Zak Mir is about as good at predicting the SP as Michael Fish was about forecasting the weather. Both used sucking one's finger and holding it up in the air.
What was Zak said in October when we climbed back to 22p.

"Can see this getting alt the way back to 29p possibly 32p by the end of the month"

We get called out for saying anything positive about GGP by some fools here, well if they want to know who the King of the Rampers is, look no further.
If I had a £ for every time he said an SP is going to fly, I would not need to invest here, but each to their own if you follow the idiot.

Everyone’sawinner try turning your phone sideways. LOL.
But just for your info @ $1000 profit per Oz, then for each million ounces you would get $1 billion profit