RE: timber12 May 2020 20:29
I think we all know its a buyout red,questions is when and for GGP or just HAV, just Hav is my opinion, when, I think earliest sept/oct with MRE, but actually think only at the end of the farm in now, once they have their 75% and fair value of our 5%, if MRE is so early into the 80k of drilling (prob half way in) how could either shareholder be sure of value either under or overcooked.Not happening.
Folks its very simply for me and no one else has mentioned it, these big corporates live to values and integrity, as the horses mouth put it "WE DO WHAT WE SAY" just listen to sb in the interview. Havarion IS getting mined, most companies live in hope throughout their JV waiting for that decision to mine, Sb is saying I will start tomorrow (yes explo decline but you dont spend that money on a dud, its the first stage of mining the dam thing)he also said, " We have a clear path for 75%" ownership of HAV... to me dismissing the first part of the question on buying GGP as a company.
let me say that again, we have a clear path to 75%, please stop saying its going to be before, its not! but when it comes, I believe its going to be for all of Hav, and will be alongside a new JV on scally potentially, and single digits will be talked about as those of us in since the 0.56's or lower talk about those dark days of 1.6-1.85 with all that obvious news and no SP movement, how I long for those days now with my current knowledge.
Also, who are all of these "investors" who posed these questions to the CEO of NC and focussed so heavily on a single exploration discovery of which they own 40% of only currently?? lets not be too self important, GGP is tiny in relation to NC, currently HAV is tiny in relation to all their other huge projects and redchris is a 20moz mine! the world is watching, the discovery of an ERA, notice how sandeep talked when that was thrown at him. no denial.
I could go on and on but I am tired of typing, well done to all who investing in this great company and long may it continue to deliver for us all!!