Reasons to be cheerful17 Dec 2021 13:55
Some great, practical and realistic comments today. You know who you are.
Some additional observations for the hard of hearing, if I may:
Q1/22 -
This (IMO) could be the busiest reporting period GGP will provide, it will also provide stimulus to the SP:
Q1/22. GGP ESG report due.
27/01/22. NCM December quarterly results.
[12 Assays due (SE Cresc (infill and growth), N and E breccia, NW Pod, Zipa.]
16/02/22. NCM Half Year results. Possibly MRE2 results included*
Q1/22. *MRE(2)(Inferred) for extended SE Crescent and breccia / N. breccia zone.
MRE (Indicated) uprate.
Debt financing package -
A definite SP stimulus. I hear what Dip66 says but IMO, it will be advertised at the NCM half yearly results.
Buy out - I have commented on this already. You all know my views. The reason for the flurry of posts on this subject is because in almost ALL the last 6 presentations by SD himself, it is HE who has 'intimated' the possibility of an approach. Posters are also reminded that his raison d'etre is M and A. IMO - investors will ignore this prospect at their peril. If it comes to a bid, it will be post FS and at a very healthy premium because of the sheer size of the resource/prospect.
[For clarification: should a bid offer be put to the board and then the RI...only 75% are needed to push it over the line].
Finally:
1200+ men women and robots will be working 24/7 throughout the fierce Aussie summer to get this done - a BIG warm thank you, a happy christmas and a peaceful (except for Byrnecut drillers!) and prosperous New Year!
Z