Member Info for Walkabout

I sometimes wonder why SD doesn’t simply disclose our 5% value and the offer made by NCM so that all is out in the open. Even if there’s a vast difference it would at worst settle the share price somewhere and hold ground, in my opinion. I don’t see it helping the company or shareholders keeping this all such a big secret.

Yup, seems to me that they want to give the deal a better chance of closing without having to go through independent valuation. That means it could happen sooner rather than later!
GLA

Hydrogen good morning
Many thanks for the time taken to reply in detail!
Today will certainly be interesting to watch!
GLA

Hi hydrogen

I read your posts with interest.
I’m not quite following the last paragraph you wrote
“If it’s GDXJ (as suspected) … we could be 5% or more down, for all of tomorrow…. or they could whack it the other 10% up to fill the order.”

Pls could you explain?
Thanks

yup i tend to agree
if they decide it goes to an independent valuer, i wonder how the market will react

TomE
There are lots of atrocities that are happening globally.
While everyone is looking at Ukraine for instance, the US has carried out bombing raids in Somalia, justifying it as they always do. Civilians affected or killed over there and you will never (or hardly ever) hear about that on the BBC.
Lets pray for all the oppressed...

Lets hope or pray for ALL oppressed

"Newcrest intends to issue an updated Group Mineral Resources and Ore Reserves statement as at 30 June 2022......."
Does this mean all drilling results to end June 22 will be included?

Thanks Timber Trader

unless they shorted themselves!!

oops pls excuse this ....it got posted before i could redraft!
how do i remove it?

Once (if) we get this message

doublehun hi again
the MRE2 for havieron is not the whole and sole of information, and it is only delayed not cancelled!
neither is havieron itself for that matter...
so yes, maybe we are paying for what SB did through a drop in the SP. Now we wait or we move on.
i dont see the reason or benefit of being negative and being here at the same time.

doublehun hi
and what happens after december in your predictions?

too far away for me, but would have certainly liked to join the party!

Thank you tiggerman
i received a very similar email from SD
knowing there will be some on here that will question it, i decided not to share over here
GLA

Yes JoeBloggs
From doing the recent raise, to repeatedly mentioning the importance of finance arrangements with banks and then to act promptly by sending us an rns after SB gave us a 'nice' surprise and then also stating the comment i mentioned earlier, i think SD is doing a good job looking after our asset. SB is not a new kid on the block. if we wants to play dirty im sure he can (and im not saying he is or he isnt), but what i am saying is that SD is showing he has some skills too...
GLA

zoros hi
i will assume you have correctly quoted all that SD has said in your post but in y opinion you (and others) miss the most important bit and i urge you all to listen to the same recording from about 22:45 where he says ".......people should have the confidence that we have a team in place now that understands the value and the future opportunity of havieron and we are active as managers of the asset to understand that value and be able to describe and articulate that value to newcrest as part of that process"

This comment to me gives me enough confidence to rest assured that he will get the job done even without the MRE2 in hand at this time.

GLA

Agreed predicting anything on this business is difficult. Whilst we were busy calculating the different ore reserve values expected, no one here ever thought to mention SB might not tell us anything! Lol….it seems we’re all pretty novice over here
No offence intended to anyone!
The mre is definitive for us who know nothing without it, but to SD and team, they know exactly how to calculate the ore body in my opinion with or without the MRE2 so let’s be a little more patient hopefully all will be good
GLA

antigua hi
i get the frustration of the delayed MRE2, and the questions being raised as a result
but do you think that ggp are incapable of negotiating the FMV without the MRE2?
the delay in the mre2 serves to only affect the share price by weak holders who are beginning to question their investment or where the shift in time lines are not in favour.
it will not change the outcome of the result of the negotiations in my opinion.
we could get an rns at any time stating that the value of the 5% has been agreed, or that the independent process has begun and i doubt it will take the valuer more than 3 months to arrive at a figure.
gold going up and lots of news due. i cant say what will happen in the next week or month but highly likely by the last quarter of the year we will be in a good place
GLA

hi poopy
SD clearly stated they have a good relationship with NCM. Dont read too much into the MRE2 issue as SD has also said they know full well the current and future value of havieron.
Trust in SD and the team to deliver!
GLA