Member Info for ToblerRone

Does that mean it was well orchestrated and controlled by the mm,s ??

Lovely volume today

It takes sometime to accumulate 115 mill shares for a 3% holding

Warrants disappearing fast as fuucckk

And if they didn’t then they will at sometime buy back in to add value to GGP SP.

Seriously though the majority of PI,s that sold today are probably back in cheaper.

So well played to those.

From a firm plan of drilling for the winter drilling season by GGP.

NC have been running 6 rigs round the clock through 40,c heat at the height of summer at HAVIERON Almost unheard of.

It’s a goer so all relax maybe don’t look so often.

Warrants
Top slicing
Stop losses
Panic sellers

Perfect storm.

Although nothing has changed negatively in fact things are more positive. NC confirmed the bringing forward of 25 mill for further drilling. They talked about the need to feed Telfer imminently and that they are fast tracking Havieron due to the rare and high grades in this region.

Just relax have a longer term view....what’s 9-23 months in reality

Bird in the hand rather than wait

So why the block listing and updates every 6 months on what has been converted. The II,s love a free ride of half the 225 mill warrants.

Obviously it’s all guess work but I always use 3 or 4 x the amount of warrants in tasing volume but if you double that then I think we will be done next week with the volume being traded.

All imo of course

I give them 5 -7 working days to flip the warrants at current volume mon-weds we had 620 mill shares traded.

Once the warrants are flipped the stock available dries up and the SP will boom.

225 million of the warrants probably being excised now. Although at 5 p they only need to sell half that amount to recoup the 5.6 mill outlay as excise price was 2.5p.

Ultimately there’s no leak no bad news just the market absorbing the excised warrants.

We won’t know until 6 months time though as GGP advised they will update every 6 months. All though when it goes crackers then you can assume that they have finished with them

Fits with peel bring the seller....

So the block listing became effective 10/02/20 or Monday.

Anyone else think that the drop today was in part due to some of these 225 million warrants being excused.

At around 5 p sell price they will only need to sell half of the 225 mill to recoup the 5.6 million excise price.

May see this occurrence for a number of days now. Let’s see what happens tomorrow

Can’t see the half yearly report from NC having much effect.

Would expect them to rubber stamp the stage 3, 25 mill spend now in progress.

If they have had a poorer 6 month profit I can see them using Havieron as a massive positive for future growth and profitability at Telfer.

We all saw the huge upswing in Linkdn job vacancies at Telfer in Dec/Jsn when they had initially started laying off jobs.

Rolling in.

Need 110 mill shares to cross the 3% threshold but it can’t be long before they start popping up.

Lovely controlled rise again. There’s big appetite for GGP and we all know why.

Even the most pessimistic view has to be a 1 bag from here.

Plus he’s a lover of sausage

Think we’d all be happy with x 8 on sp from here