Member Info for Unimaginative

Nice to see the many making the trip to the town hall last night have dipped back into their pockets to move that price today. Cheers lads, always positive to see money being put where thy mouth is.

Plenty of positive posts but I don't buy into the feeding frenzy.

CastleT - You don't understand what happens with dilution do you?

MFU - It is when you compare it to what you hear on here. It's very sobering and that's okay. That's not a negative as such. It's reality.

Sobering comparisons of Hav with the rest of Newcrests assets. Like that, bring us back down to earth - not that everyone will let that sink in.

Doubt it because nobody would be willing to provide the capital in the form of debt. Too risky. Investment is different I guess but it's not likely to be black and white in the slightest.

I'm not listening properly but did he say Hav is a top ten in Australia and he avoids using tier 1 because it doesn't fit Newcrests definition?

https://www.youtube.com/watch?v=ggEtXIe-LN4

It's hard to be excited by this share anymore. Watching it rise from 2/4p up to 37p and now down to 7p and yet all the alleged know it alls on here continuously tout the results each and every time as something to be in awe of and yet the price never seems to resemble the excitement felt from this place.

For some reason, probably blind faith at this stage I keep buying at least every other week which makes the nerves about it greater than ever - I've put more in here than the deposit on my first house!

*Shaun, followed suit from the person I was quoting.

Sean doesn't pay for anything, he gets us to.

lebugue-addick - Got your £5 yet? My awareness is thankfully doing just fine, that's why I don't buy into the nonsense on here. Tempered my expectations and don't ramp falsely like the clique on here, feel a lot better for it. You still ramp on here like it's your full time job. Strange that.

Careful Aqua, you'll be labelled a de ramper for pointing out facts.

Bamps expecting people to travel miles to the Stroud just to confront some faceless entity about his over exuberant, zealot like internet behaviour - grow up lad.

The share has a myriad of cult like investors, it's truly bizarre. The most emotionally charged investment I've encountered.

Having said all that, I'm still hoping that it turns round and I can get a nice little return, I'm past all the grand estimations that the cult managed to convince everyone of but will be happy for a nice tidy profit now I've put so much in.

GGP board, the gift that keeps on giving and GGP the thief that keeps on taking :D

Feb 2020 for me, unfortunately bought on the way up by much more substantial amounts than my first few months. Still continue to buy on the way down and could end up with egg on my face, sadly I’d be happy to break even as I will just chalk up to a savings account since the reality is I’d have probably ****ed that money up against a wall

Dgr- No they don’t. They have first refusal if newcrest were selling it to newmont but they’re not. They’re are considering the sale of their company, it’s two very different things

Sorry mark, can’t edit my post. I meant Hav not newcrest. We could not buy the other 70% is what I’m saying. It’s ludicrous.

Ace - sorry I didn’t realise this had become a fantasy board. Maybe GGP can become the government of the world too then yeah?

GGP could not afford newcrest and would never get the capital without losing too much. A bank would laugh at them, they aren’t even a miner. What a silly thread.

Bigdownunder -

“So according to Callum Baxter if Newcrest sell out to Newmont they cannot include the Greatland share of Havieron in the sale as it is not theirs to sell.”

What do you mean according to Baxter, it’s the law. You can’t sell something that’s not yours unless there is a contract stating that in the event of … then … will happen. Why do you need Baxter to tell you the obvious?

“There seems to be an agreement in place that Greatland would be offered first refusal to buy the remaining 70% of the project when there is a value put to it.”

That’s interesting but I should imagine that’s only if Hav was up for sale. They aren’t asset stripping if they sell to newmont so there is no first refusal.

I don’t see the conflict still dodge. They represent the big boy not the minnow. There interests align with said big boy so I’m struggling to see the conflict. If they were representing us whilst having an open short then fair enough.

Also, let’s not get it twisted, the short was and is minuscule, it’s all part of hedging and has never been anything to worry about.