Member Info for YNWA91

I didn’t think Newmont would sell and thought the most likely outcome would be for Newmont to try and buy us out and go mining on their own or sell the project on as a whole.

However, SD has pretty much said he thinks they will divest, surely he wouldn’t say that unless he had spoken to the relevant people at Newmont/Newcrest?

And at what value would they offer for just HAV or all of GGP? Would have to be eye watering according to SD. Would only make sense for us to sell HAV if we have a decent strike somewhere else so we had something to spend the money on.

Dip-Some good posts appreciate a bit of sanity on the board. SD has already indicated that he believes Newmont are most likely going to divest so would you think that would be a suitable reason to not produce the updated MRE?

Haha Trippy I didn’t think you would answer the question somehow. And you have been proven wrong, I assume the agenda that you alluded to was that I was negative about the company in an attempt to lower the SP? If that’s the case I wouldn’t be making very positive predictions for the near future.

We are all wrong every now and again don’t beat yourself up about it.

GLA see you at 20p

What agenda is that Trippy? The agenda that I keep suggesting that we will be 20p+ within 12 months if we are patient?

Shows how much attention you pay to anything, and backs up that if anyone puts a bit of balance in a post they get shouted down. So can I ask you what do you actually think my agenda is if I think we will be 20p+ within a year and will be above ATH within 3? I presume you won’t have a suitable answer.

You can question some of the previous actions of SD and still think the SP will rise from here. People make out that if you have any questions about the management then you should just sell up and move on.

MH- you say people log on see SP down bla bla. But when we have a day where we go up the board is full of people saying great day onwards and upwards, and rightly so. Yet you don’t come on and say come on guys look at the bigger picture.

Can you see why people get annoyed at the one rule for one viewpoint and not the other?

I tend to ignore people who are too extreme either way. If someone posts 50 times and only thing they’ve posted is over the top everything is fine then I ignore them because there are questions to be asked. I also ignore people who post 50 times with nothing at all but negativity, as there is plenty of things to be positive about over the next few months.

Also, for the last year or two we have been told that delays in announcements like the FS and DTM etc were solely to increase the value and optimise the outcomes. Does anyone believe this now that it turns out Newmont are most likely to divest?

And people saying he shouldn’t produce our own MRE because it will be expensive. It has been promised to shareholders so it needs to be produced whether it costs loads or not. You can’t keep lying to shareholders then just turn around a few months later and say sorry not doing that anymore, he knew how expensive it would be when he said he was going to do it. Im pretty sure he knew Newcrest were not going to produce an updated MRE yet didn’t inform us.

Shareholders starting to trust him again and him regaining some credibility is worth more than whatever the financial cost is.

Funny how tig gets told to stop repeating himself and move on, yet there are others who post the same thing worded differently 20/30 times a day, and they get applauded because they say we will soon be on the up.

I agree we will be on our way back up soon but understand why most are frustrated.

To add, if we get a discovery elsewhere that’s another story and peoples expectations will rightly go far higher. And there is a decent possibility of that!

Droverman - I understand that but what investors are looking for doesn’t always come into play when the big boys are making a deal. And you can’t really say that you suspect there is over 50 million ounces of gold down there because there is no evidence of that at all. I hope it does end up 50 million and we get bought out for £2 a share, it’s just not likely to happen.

An awful lot of LTH have an average of less than 2p, myself included, so I wouldn’t be crying myself to sleep with a return of 24p. Obviously the higher the better. I appreciate everyone has different opinions. Good luck.

Culpepper doesn’t give stuff like this any credibility, yet posts about 30 times a day about these exact things XD

Droverman - Why would 24p not even get discussed? If a bid of 4 times current share price was offered and it wasn’t put forward to shareholders the CEO would be removed.

Of course SD would have to inform investors if a bid of 12p came in, it is pretty much double the current SP. They wont make that bid anyway and if they did it would be welcome because as others have said it would be rejected and at least put a floor of 12p on the SP.

People need to get real with their predictions, I seen the other day someone say they wouldn’t even consider 50p a share haha. If they put an offer in for 25p I think it would tempt a lot of people.

You will get people say that’s not enough because they bought in at 30p+, but I don’t think billion pound deals really care about a few small time private investors that got spiked. It has the potential to get to 50p in a few years time with patience and a bit of luck.

GLA

MH- Good post, I appreciated it at least. I agree nothing gets any attention on here except for the constant arguments. I hardly check in here anymore because of it, look in about once a week and see that it’s just toffers and culpepper replying to every single post whether the conversation involves them or not. I presume many others are now in the same boat as me and don’t bother.

Ah well confident enough in my investment that I don’t need to read every day but do miss the old days when people could actually discuss the pros and cons of the company. GLA.

Dip - Couple of great posts. Do you think SD knew that the MRE wouldn’t be updated beforehand? And if so what do you think the reason to not have our own one ready to go sooner?

Where does this come from when people say they don’t care what the SP is at the minute? Surely everyone here invests to make a profit and the sooner the better. So yes it does matter when the news comes out to some people.

I am in for the long haul and been in for 5 years and not looking to sell for 5 years + if that’s what it takes but some people will want to withdraw their investment sooner than that. Obviously everyone here wishes they’d withdrawn a few years ago, invested in other opportunities and came back here now while the SP is so low.

Also, if you, like me believe he knew a while back that it would not be updated last night, is that not price sensitive information which we should have been informed about? He needs to get out in front of information that he knows the market will react badly to.

Ace - I have answered your question, but again I am not saying it has been ‘recorded’ otherwise it wouldn’t be speculation, that is how opinions work mate. And it’s not gossip we were on a run to 9p then there was a supposed leak that he was planning a raise which he didn’t confirm or deny. He could have just said no plans at present for a raise but if we do it will be above 9p, then the market would have settled and stayed at 9p+.

You can’t just shout people down if you don’t like their take on the situation. I still think SD will get us where we want which is 20p+ when we are producing and have revenue. I just think that he wants to take powerful investors on that ride with him so in the future we don’t have to worry so much about swinging SP.

Ace- I said ‘if’ so speculation just like you constantly do. But do you really think potential buying institutions have not got more information than we do?

You could always answer my other points of why he hasn’t prepared for this outcome when he surely knew? You don’t think he was sat there last night waiting for the announcement?

Every time we move up a few percent something conveniently gets released and we slide back. He has known full well NCM would not update the MRE last night so why didn’t he have our own one ready to go within a couple of weeks? Surely he asked them a number of weeks/months ago if it was being released, and if they said no surely he was obliged to update shareholders straight away?