Member Info for YNWA91

Yes but is there ever a bad time to find a 100% owned gold mine? If we had hit would you say that’s a pity would have been for the best if we had missed it. Not having a go just anyone on here can justify anything if I they try hard enough.

If we had hit a great hole I imagine the price would treble and shorters would be closing their whole short before the end of the day.

I’m all for looking on the bright side of things but to say you’re glad we didn’t hit at scally is ridiculous haha

I think an offer for GGP would be great if it was at any sort of a decent premium. Imagine what a rejected bid does for the SP while also setting a new base. Win win if a bid was to come in.

2-0 :)

Would be interesting to hear why Hydro thinks the shorts haven’t been closed. Last time I paid any attention I’m sure he said they were panicking in a rush to close the shorts before they got burnt when the price rose significantly pre the MRE2 and 5% settlement?

Ggp don’t need anything in place to prevent a takeover. To take over a company needs to make an offer which goes to shareholders for approval. If it’s good it will be accepted if it’s not it will be rejected. If the offer is just for HAV SD has said this will go to shareholder vote too, so no one can force us to sell any of our projects :)

Cant see future payments as part of the 5% whichever way I look at it. As Speedy says it would be nice but business doesn’t work like that. NCM included the clause to benefit them not us. I also think FMV means what’s fair here and now and future payments would surely go against that.

We will just argue that there could be 25moz in HAV and want due compensation. NCM will argue it’s them doing the bulk of the work and won’t want to give us a free ride on the 5%. Hope I’m wrong though I doubt it. GLA.

Hahahaha why do people smugly correct other people’s maths when they can’t count XD

Who is to judge what is disruption? I personally feel the consistent talk about shorting is disrupting what used to be a great little board.

Saying some on here might not be happy with the value is not a negative slant, any time any news is released you get differing reactions from posters.

Just to clear up, I think the price we get will be good for the 5% and will see a good rise in SP along with the MRE2. Just think it is crazy what some people expect when you hear people saying they will be disappointed if the price is only 50% up from current SP in around a month.

Been quite lucky to have been in for years with average of 1.3p ish so can afford to wait it out for a few more years until we find other projects or get taken out for a handsome fee.

Good luck all.

Notrader - it is difficult because we don’t know the final figure like I said, we will try to overplay what the initial information is telling us the outcome will be and NCM will try to underplay it until it is all completed and released to the market. That is just the way business works. However I don’t think it will need an independent valuation, I think we will agree pretty quickly on a price that suits both parties, even if the amount annoys some on this bb.

Also, huge companies don’t ever speculate in general, they want black and white facts that are indisputable which is why ii will only invest when proven results are released. Even if something is 99% likely they won’t consider it until the final 1% is cleared up, we are talking about a project worth billions.

You don’t have to be so cantankerous with your posts just because someone has a different view to you by the way. You don’t seem to challenge people who say 50p end of year without any reasoning behind it do you?

No trader yes I know what joint venture means, I don’t think the figure has been finalised so neither GGP or NCM will know it for certain? What is your point?

If NCM wanted to be 100% transparent and fair with the valuation they would have waited until the MRE2 was released to come up with a figure for the 5%. They haven’t done that, they want to get the best deal possible obviously which is their prerogative.

We (GGP) can’t know the full extent of the MRE2 just yet or it would have to be released to the market as it’s price sensitive information, so it is difficult to use in negotiations without speculating.

I also agree that if we were 22p by end of feb I would be over the moon. People need to start looking at this as a 14p SP, not just a temporary dip from 38p. Although we should be back to this and beyond in the next 18 months when we are bought out of HAV completely.

I understand why people ramp and say we are undervalued and will have a new all time high in a few months and the market just doesn’t understand as much as we do and it is all because of elusive shorters (it isn’t). However all this does is make a lot of investors think they will be disappointed if we have only gained 50% on our market cap in less than 6 weeks. Not good for anyone’s sanity. Good luck!

Haha people surely don’t think that market cap in a few years will be 27,000,000,000? The reason we aren’t valued the same as Facebook is that 4/5 of people across the globe have had a Facebook account. Some people really shouldn’t be allowed to invest for their own sake XD

For the 5% I think NCM will pay slightly higher than they are happy with and lower than we will be happy with, but what the market will think is about right. When it comes to the 25% I think NCM will definitely look to buy it in the next 12-18 months. Don’t know what makes people think they would buy all of ggp really the JV set up seems to work just fine for them.

I think they will pay a decent amount for the 25%, which a few on here will moan about. Some people seem to be getting slightly carried away because it has been such an amazing journey upto now. I seen a few yesterday saying they wouldn’t entertain a takeover bid of 50p per share. Get real this share was 1.2p a few years ago when I invested, that sort of return is like a fairy tail of aim, you are much more likely to lose every penny you have than finding that sort of return on this or any other market.

Obviously many haven’t been invested that long but it’s not upto NCM to inflate the price so new investors make a few bags as well. I think a good price for the 25% will be agreed and the deal will include jvs for further exploration on similar terms as the current one for hav et al, as upto now we are a one hit wonder, yet if we find another feasible project we will have a proven track record with a reputation to match but with plenty of cash in the bank so we can’t be held at ransom. That’s is after a hefty special dividend is paid out of course.

Good luck :)

Spot on, if it was an elaborate attempt to bring the SP down they have done better than anyone could have ever imagined with the small amount that has been shorted. Can argue all day that it should be illegal but it isn’t, and it wasn’t when you entered into this investment. From here on out you should expect that there will be shorters in every investment you ever make, if you still think the risk to invest is worth taking then do it. If you think they wield as much power as some do on here then you’re best investing in something else where shorting isn’t possible.

If I believed half the stuff on here I would sell up and never go near the stock market ever again.

Nice to see some sense from star bright. No one comments on MM or manipulation when SP goes up they have just made a good investment. But when it goes down the whole world is against them and AIM is a treacherous place.

In every walk of life if something goes against anyone it has to be ‘the man’ trying to hold them back. This way it stops them having to use their brains to solve the next problem. See it every day on the news.

Merry Christmas everyone x

I don’t think someone asking for a bit of balance would put off new investors. When I look at boards before investing the only thing that would cause me concern is if the company SP has been struggling for a number of years and the majority of posters listing long posts of nothing but unbelievable positives and making out like the company has never done any wrong. Newcomers will look at that and think something is fishy when it isn’t, just a struggling SP.

I Agree there are loads of positives going on in the background, otherwise I wouldn’t be invested or waste my time on here. I don’t mind being balanced because I know nothing posted on here will ever affect the SP or we would be £1+ by now.

Doggo said to list all the negatives, I don’t have to we all know them as much as the positives, even if you keep telling yourself that there aren’t any because you are so far underwater here that you have got no other choice. The only negative I will say is that if I hadn’t sold majority of my holding at 14p months ago my investment would be worth less now than 12 months ago. If you don’t think that is relevant as an investor you’re in the wrong game.

Matty/kempey - true they will know the details of the new MRE before it is released so doesn’t really matter, my main thinking was can NC force us to follow their time table?

Could we just say we would like to see how things shape up over the next few months before starting negotiations? I’m assuming not, and I think GGP and NC will sit down and come up with a fair price without too much hostility. Just strange that one party gets to dictate timeframes when there is a 12 month window.

Great day today though