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Wonder if Mincor Resources investors were excited about Wyloo as well..

Wyloo Metals said on Monday the A$1.40-per-share offer price was declared as its "best and final". The offer stood at a 35% premium to Mincor stock's last close on March 20, a day prior to the deal announcement.

Could you imagine a 35% premium on GGP I'd be sick.

Anyone who thinks a business like Newmont will be giving away something cheap are foolish.

Or selling as a package.

Knowing how important it is to Hav, and potentially Rio in the future. It's got a value attached to it. Don't be naïve. I reckon Newmont have a very strong position personally.

Wonder what value will be placed on Tefler. I don't see Newmont being mugged off.

Tildo - Definitely agree about the MCAP. If the price starts steadily creeping up over the next few weeks then you know someone is looking to take us out. My instinct would suggest someone will try get Newmonts share on the cheap in a deal around Tefler and will want us to remain partners based on knowledge of the area, processes, feet on ground. But I don't know enough about the potential players that could do that. Would Shaun Day's old company be interested knowing the connection... I reckon if we can get people to take off GGP tinted specs there could be some great conversations about risks, scenarios even if negative. It's just difficult when everything is so rosy on here, moment you question anything you're a deramper. I'm far from it, I've got more money in here than I've ever had and could do with a return, hell I'd not cry at a 10% return at this rate after the amount I've put in over the last 4 years, 10% overall return would still be massive for me.

I love how no matter what type of news this forum gets it will always be positive.

I'd love to know more of Newmont's thoughts, is the asset not as good or as tangible as we're led to believe or is purely based on what suits them at the moment. I mean, the way Bamps talks about it then Newmont must be the worst business in the world and if I was a shareholder I'd be fuming that they've given up a no brainer... So what have they seen that we haven't?

Let's say it is purely based on their risk reward appetite. What are the risks? What are the risks that have meant Newmont are willing to sell something so lucrative. Surely we need to concentrate our thinking there instead of being blindly bullish all the time.

Let's assume it's nothing, just doesn't match their very rigid requirements which is fair enough. Then what, how does the future look, what's the risks in trying to ascertain full finance, what's the risk to us lowly shareholders of Wyloo taking us over and buying tefler/hav from Newmont as they're not going to be paying big if they don't have to.

There are a lot of smart people, (definitely smarter than me when it comes to explorers and miners on here) when it comes to talking about only positives, I'd love to see a really honest breakdown from those smart people about the risks that everyone sees but this forum.

No not quite, it goes up for sale.

Sod that

Speedy, I don't use 212 I use Freetrade. They aren't the same.

Experience doesn't mean right Jerry.

Horult, you're spot on.

I started with Halifax back in 2019 completely unknowledgeable about brokers. I just wanted to give it a go, everyone has to learn somewhere, my measly £50/£60 was eaten up in fees and was quite frankly a massive mistake. It then put me off because I was hardly going to start shifting large amounts of money over when I first start. I then found Freetrade and they were a god send in me gaining my experience. I invested in GGP originally for about £10 because I could thanks to Freetrade, they were around 2p if I remember correctly. This gave me confidence and I began to add more money. To this day I still use Freetrade and have over £40k invested which is huge for me, it's all relative to individual circumstances. Had I not found Freetrade I probably would have never got into it. Freetrade and the like have made it possible for people to take the risk and give themselves the real life experience.

Spade - I disagree, I’m here for exploration otherwise I’d have invested in GGP at 2p which I did and left at 30 plus which I didn’t. I invested because of the exploration and land capabilities. I think exploration as been under invested in and investment in exploration will result in positive finds. Havieron is the icing on the cake that will give that further exploration investment as well as a good return but to discount exploration and say you’re just here for Havieron seems short sighted to me

HungryBadger - generally it means that they're trying to massage the supply and demand.

CheltenhamFlyer - You're probably right but I switched to funds and major shares 2 years ago and had I put this money in there I'd be up over 20% across all 3 holdings which would be nice, hell the banks 5% would be nice right about now! Meh! Just frustrated with the constant hammering of the price. I've lost all patience but luckily at this stage I have no choice but to leave it. Having said that I did sell 10% when it dropped to 8.20 the other month thinking I'd get back in under 8 the same day but then it went into high 9's so at least I've recovered that today.

The amount of opportunity cost I’ve lost in this share is unreal. If it pays off then great but the longer it goes on the more i regret it.

What do you want, a blue peter badge? Div.

This was always going to happen. Civil and criminal proceedings are a lot different.

It was obvious this was going to happen to the sp, after the agm the drop and then it didn’t rise in anticipation of mre. Frustrating but expected so time to switch off. See you in the new year

M135i - Hope you get out of the water pal. It's never nice, I did okay with ECR as I just thought certain things that Craig were saying didn't sit right with me and also the constant pumping of the share just felt wrong, used to voice it regularly in the telegram group which got me booted, hindsight in this was definitely wonderful, sold at 3.5 03/02/21 should have sold in December for 4.2. Only popped on today as was curious when I saw the rise (always check the price still), popped onto the forum and was met with 10 ridiculous posts all talking the same nonsense that was being said at 4p so couldn't help but post. Good luck mate, I hope it comes good. I might have a pure gamble if GGP ever frees up.

Nice to see my post about Doc being removed. Wasn't slanderous, it was backed with an abundance of his tweets both deleted and still available. Says it all really the fact it got removed.