Member Info for Unimaginative

Idle chit chat.

Can't see it if they have to go through an appraisal process but that would definitely cement the price much higher. I'd take anything right now, bored of seeing it in the red. I'm down as much as I was up at this stage last year due to further top ups on the way down. All be worth it but ****e day to day.

Just seen starbrights post earlier in this thread. Seems to know his stuff

Kevin - Fair point, oversight on my part there but there is "projected EBITDA" - I don't know whether it would work as I haven't done enough reading.

I'm with Frank, it's binding obligation to sell 5% should Newcrest choose to take it up.

I reckon looking at some historical companies that it will be done on 3rd party appraisal / EBITDA which is the most common way of doing it (by the looks of it)

MaxwellDtarney - That's my point. I'm stating that.

Rotherby - In your scenario would 5% of GGP produce them the same yields as 5% of a mined asset... Bearing in mind that SP doesn't always reflect earnings of a company.

Purchasing 5% of GGP on the open market doesn't give Newcrest 5% of Havieron... Why do people keep making this comparison!!

I'm pretty certain fair market value isn't book or market value either, it's determined on factors such as maturity of asset. In my limited but learning understanding is that fair market value is done by appraisal of asset.

Fantastic post starbright. Articulated way better than I've tried on several occasions but sums up my thoughts 100%. No disrespecting anyone whilst making an extremely salient point! Thank you.

Later than I thought for some reason. Thanks

Can someone remind me what date we expect the quarterly results, is it early next week?

For clarity, since my name has been mentioned I still think you're over zealous, I do think you over play your hand to it's extremities and I believe you don't grasp what influence you have and with influence comes responsibility which unfortunately you don't always realise which is what causes people like myself and now Kevin to challenge.
What I didn't want though is to be that person constantly hammering you for everything as that's not me and I was bordering on malicious with it so spoke to you privately to air my grievances.

If I had one wish it would be for you talk about the geology stuff and stay away from talking about whose buying what, whose selling what, whose manipulating what etc etc but alas I can't see that ever happening so you will always antagonise people who recognise something as being ambiguous, incorrect or disingenuous.

Anyway, my two pennorth since my name was brought up :)

The newcrest website for Hav stated

Newcrest is expected to release the results of its Pre-Feasibility Study for the Project by [b]late calendar year 2021.[/b]

He calls himself the gentleman racer

I might pop in Tiggerman :D :D

Why do people announce a green binning like a badge of honour. I can just see lenz green binning someone, announcing to the room and being stood there waiting for a raucous round of applause. It’s not happening pal, get a life.

1. Bought in post Newcrest. (March 2019)
2. Bought in Jan (ish) 2018

Which one is it Walter?

Anyway. Work to do. Said my peace and I'll bow out of talking to you again until the next time you come up with a lie.

When you're good with computers things don't become time consuming, hours are not needed ;).

You are right on one thing though, when you tell the truth it's easy. Your dates of buying across the two posts don't add up, you are Walter Mitty and I claim my five pounds!

“I’m a holder since 1.75p post newcrest farm out upped my stake on reading the recent Hav RNS” - 6th feb 2020

“ I bought on a spike at 2.2 and 2.3p I think and I was sat here with a 30, 40% then maybe 50% loss for what felt like well over a year through 2018 and most of 2019” - 29th September 2021

What's your average price Freddie?