RE: Something8 Sep 2023 13:01
As I've stated before, but no doubt ignored by some on here, there are exclusions from shareholder notification requirements relating to impending developments and matters in the course of negotiation, such as acquisitions or disposals. There are also dispensations in place where the disclosure to the public of information might prejudice the company's legitimate interests.
IMHO, you can read a lot about the company's view on the MRE update in what Shaun Day stated back in March:
"We think shareholders have been patient, we think there's a good resource update coming we want to share that with the market so I think we're happy to align with Newcrest, I think there's a broader strategic reason why that makes sense in this kind of takeover scenario where you know there are a range of opportunities that may occur for us as Greatland - but I don't think we would past that date be comfortable with no update to the resource so hopefully that gives people confidence that it's coming but also an understanding as to why I think it's in our interest both technically and commercially to let us run its course and we do like being aligned with Newcrest, they're our JV partner the relationship's important and strong."
Shaun Day has already stated that he expects to be able to publish an updated MRE in the December quarter, that is 1st October - 31st December.
Quite why some posters, although I welcome their differing views, as is their right, continue to moan is, quite frankly, beyond me, and just indicates that they probably have no idea, whatsoever, about running a company, but especially a company involved in the biggest gold/copper mining M&A activity ever!
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