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If we sell up then it will be at a premium...say 50% -60% on top of share price
That is around 9-10p...goody !
No experience of working in mining sector
massive experience in investing in shares
Every time I have been confident of things going my way my hopes have been brutally dashed with the lesson learned that being too positive and blinkered doesnt pay.
All i am saying is that i feel it wont be top of their to do list and the inevitable delay it will cause could be devastating to cash flow and share price. Uncertainty and delay = unintentional short to medium term mothballing
Very slow careful considered decision making without a committment to fund further development until a decision made by Newmont = mothballing by proxy
Yes..he is talking about Havieron ....thoughtful and considered mothballing !
'thoughtful considered' way.....you mean " mothballed" Tom ?
Point taken
All Iknow is that under GH the sahres hit an all time high
Under SD the shares hit an all time low
Either the future is rosy for GGP because we have the motherload of resouce being mined or the future is not rosy because economic conditions will override our potential despite having the motherload of resouce being mined
The market has hammered GGP in the last 2 or 3 years despite what the company or SD say or promise so why should things change ? A case of marmite tomorrow...forget the jam!
Well said Freddie
SD is not the messiah..."hes just a very naughty boy"
Sorry..."baked in" and not " baced in"
Re the t/o announcement this week it will mean diddly squat for the share price
Already baced into the 6p price as SD himself has almost guaranteed that it it willbe accepted. As i have said before, we are just a fleabite in the whole process and at the mercy of a big undertaking and their board. !
....of mentioning how many days to the acceptance vote
The vote will be accepted and it wont make a jot of difference to the share price and the jam tomorrow filled can will be kicked further down the road until Newmont get round to considering Havieron and similar low priority assets
In my humble opinion any bid would more likely be in the region of 9.5p to 10 p which is actually a large premium to the current share price!
12p is a bit of a stretch ....I dont think we, as private shareholders, will have the power to stop the bid being accepted. I for one will be quite annoyed and very much nusing big lossed, Not a happy monkey!!!
Delaying the decision to mine by Newmont is my biggest fear ( as I have expressed several times) and my most likely scenario when the dust finally settles. I just think they will have bigger fish to fry and we are overstating our importance. They will not move with the same speed as perhaps we are used to or think we should progress at....unfortunately !
Who the hell is selling at these stupidly low prices ? Day after day we drift down further and still we call it the "find of a century" Something doesnt add up
Please stop bashing Toffers. The only one who says it like it is...the only one who has a true handle on this mess and the only one who will be proven correct in the end !
Put down your rose tinted glasses and free your hands from being crushed by your rear ends and shout out loud "I am mad as hell and i am not going to take it any more!"
Just to pick on a couple of SD utterings that seem to have been used as justification for us not being shafted
Eye watering price....anyone can say this and with a few mitigating words as "I HAD NO CHOICE BUT TO ACCEPT" That isi blown out of the water
"I have put together a team that is the envy of the sector" Yes Shaun....nice boast...look at me, this is the calibre I can attract...but waht does that mean for the share price and the future..ZILCH! Probably have to start laying off staff as we become top heavy and are in a state of mothballed limbo!
Come on SD..comment on the share price or pur you money where your mouth is !
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Toffers...your views are spot on and undoubtedly prophetic. I beleve that this is the scenario that will unfold but whether we benefit or not I am not sure. Newmont have only their interests at heart and we are but a flea bite despite many here overestimating our importance or our general clout.
Re "Strange....I was thinking atticChimp does a bi weekly stint at the local glory hole".
not so local....I travel miles to get there! Seen a few familiar faces from this board there as well
Re "Loftmonkey pays ladies of the night to wee on him"
Yes..and I get it at a discount!!
Thanks for the compliments Timber Trader !
Btw I am a genuine investor of many years and invested in GGP since the early days pre 2p. I am male last time I checked.