RE: Doing deals14 Aug 2020 15:24
The cagey words from SB are totally expected, and this was unlikely to be a big announcement for GGP anyway. So no surprises for me.
3 months or so until I believe we’ll see the wood for the trees, so we’re getting nearer.
We have an (as yet) unfathomable resource which is why nobody will give figures until a cagey broker does. And they’ll only go for 6m or 7m oz at the outset for HAV so again some people may feel underwhelmed.
I said before this is an evidence based SP. So the metaphor to have in mind is of a angler playing charades and using their arms to stretch out as far as they go - which only go so far. Because what the angler can’t say in the rules of the game is WHALE. Can’t say it, can’t measure it yet, can’t tell you how much it weighs, can’t stretch the arms beyond his physical boundaries . But it’s a flippin great WHALE and it will take a short time to dive deep enough to see it in its full glory. Hold your breath. It’s a very deep dive ! All good