Member Info for Stebol

Thinking out loud here, which is dangerous at the best of times...

I must have been subconsciously pondering SD comments re Scallywag / talk of new JV based on 'first principles'. In light of the results we now have, what might have prompted such comments in a public forum? I mean, it's not like we have a discovery there at this time.

We know Newcrest have right of first refusal over Scallywag so perhaps what brings Scallywag to the table now is interest from a third party?

It would certainly make things interesting and could only help our bargaining position re value.

Just my musings but possible?

TW did the same hatchet job on Union Jack - he was wrong there too.

What you doing then bob?

'I'll see what he has to say in the EOY.
Then decide.
I can't let this share take over my life for ever.
I have to see an Endgame. Time is passing'

Still a believer or turned to the dark side?

I see the AM knockers are out in force today.
As far as I'm concerned todays news was positive and all that could be released at this time.
Anything negative is all Cuda related - once they can talk about that then all good.
Debt default - Cuda related
Going concern statement - Cuda related
You think we're looking to do 16 drills in the deeps if there's a problem?
Today has been a bit like watching a load a lemmings follow each other over a cliff - madness.
To all the naysayers - you're wrong.

Standard wording Eleets but nice try

We already know that planned upgrades to surface facilities will not take place until CUDA sorted.
Did you want an update telling you that again?

Great news.
It's nice to feel that my decision to start buying years ago has been vindicated to an extent.
Mr Sheffield's timing might be slightly better than mine though.
Certainly feels like we're now on the home straight

Fair enough 34 bit I don't see how AM could control the share price following return from suspension.
He made it quite clear in an interview that he thought we were very undervalued and has subsequently been a buyer at these prices.
I'm not sure what 'explanation' people are looking for.
He acquired Atomic when we had sod all else apart from Nigeria
He stated at the time that he wanted all of it
He can't discuss Cuda until the process is complete
Everyone who took the trouble to read the last RS report would have been fully aware of anticipated production
New discovery is a huge huge bonus but there are clearly reasons why he can't discuss further at this stage

Nothing to do with coming across all mature - we have all the information currently available.

Anyway, fingers crossed and good luck all

Very nice fleurs - well done.
Lets hope for similar good fortune here - maybe even before Cheltenham comes round again?

Speak for yourself bob. I'm neither annoyed, angry or frustrated by how the company is managed.
None of us has any idea how much work is involved bringing this asset to fruition.
Your constant barbs at AM are becoming tiresome.
Why not just wait and see, eh?

Thankyou jfh, not too bad. 2 years running I was on Flooring Porter but struggled with decent priced e/w bets. Glad you had a good one. Looking forward to Aintree now then Punchestown.
Apologies for off topic - Beetaloo gas may be important but horse racing, well, it's on another level

He could be jfh - Cheltenham profits??

newtofo - I'm expecting nothing until we hear something: if that makes any sense.

Rain, sun, high winds, low winds, earthquakes, tsunamis, war, famine - blah blah.

The company have given approximate timings already. Surely there is no need to start re-interpreting things. It'll happen when it happens.

Apologies if this feels critical but I've had a mare of a day at Cheltenham and just letting off steam.

On the subject of the farm down - I have a sneaky feeling that this will be sorted pre-drilling season. No idea why but just seems right somehow

All the best - in the grand scheme of things, it won't be that much longer now

Not sure how this is solely pushing the Hypromag vehicle as the plant will process the product from Malawi.

I've never been a believer in the 'for sale' narrative as it seems solely based on twitter tags. Sure, we might partner with someone with deep pockets for a %, but the whole mine, refine, recycle goal is one company. Just my view - I'm sure there are plenty of others.

There is one for sale at $880,000 if anyone has high hopes for their back garden at depth

I don't understand how anyone can have more shares than they wanted.

Logically, it makes no sense. No offense intended, I'm just 'on one' today.

Terrific update. All looking good.

I don't think it's as black and white as NCM wanting to get Hav on the cheap.

There are plenty of royalty streaming companies out there with very deep pockets who would pay a princely sum for a %.
NCM must know this as they were seriously miffed when Solgold raised funds from Franco Nevada, rather than issuing equity.

Whatever game is afoot, it'll be a long one.

We do hold a few aces though so am quite relaxed at the moment.

Looking on the bright side - we still have MRE2 to look forward to and the 5%.

Nothing in the half yearly that we didn't already know because it's old news.

Like a few others, I think I fell for the mid Feb and assumed 2 + 2 = 4 when in fact it equals eleventy twelve. Shan't fall for that again

Newcrest won't include any MRE2 update in their half yearly - it's quite simple really

Have to bear in mind that this is the half year report.

It is not MRE2 & it ain't the 5%

The wait goes on.....