10.30pm tonight I think cos Australia are half a day ahead of us.
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Are you thinking the report will pop up here tonight ?
https://www.newcrest.com/investor-centre/reports?type=6&year=2020
I’ll keep an eye on various sources. Twitter likely to go nuts if there is anything super to report.
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I hope you’re right mate but I’m not going to get that excited. Don’t think I’ve ever seen money be made that easily!
Been tracking this for the past few days, reckon the 9p entry is too high, I mean, it’s already jumped >100% the last month
I would bet if it hits 10p there will be quite a few taking profit. I saw a poll at the end of March by a user called AimTrader on twitter. 35% of respondents stated 10p was their target share price.
Going back in time though I don’t think those voting would have expected it to be near 10p before the news. Start of April it then started lift off. 
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I think it might go beyond £0.10 to take out the stop-losses of those just about to short this.
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10p could seem very cheap in a month or so. It really depends on what ‘fair value’ is when you consider the resources
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There are lots of people getting really OTT on the size of resource. It’s a bit premature although lots of good signals over last few weeks. I’m positive but its speculative at the end of the day and my position is sized accordingly compared to rest of holdings.
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I’m guessing there will be a second boost to the price on the 6th May with what’s next 
I’m in two minds to keep it all in or take some out for a NAT gamble.
What’s happening on the 6th of May? Thanks
Online Investor briefing by Callum (CTO)
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Did you register for it? I’m intrigued
Well, here’s some news from Newcrest that I have just lifted from the ASX web site.
Newcrest Mining Limited (ASX:NCM) (Newcrest) requests that its securities be placed in a
trading halt from the commencement of trading today pursuant to ASX Listing Rule 17.1.
The trading halt is requested pending an announcement by Newcrest in connection with a material acquisition and an equity raising to be undertaken by way of an institutional placement (Placement) and a share purchase plan.
Newcrest requests that the trading halt remain in place until the earlier of:
- (a) an announcement being made about the completion of the Placement; or
- (b) the commencement of trading on 4 May 2020. Newcrest is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.
Please contact me if you require any additional information. Yours sincerely
Francesca Lee Company Secretary
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Takeover time…
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Reading between the lines - they want to raise capital to buy up GGP? thoughts?
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Just posted on T212
Wishing I bought more shares now…
Newcrest Mining has launched a $1 billion capital raising through an institutional placement to acquire the financing facilities over a gold mine in south east Ecuador.
Different place lol
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If they are raising $1Bn and the current market cap of GGP is £326M are we expecting a price of GGP shares in the mid 20’s if there is a take over?
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Based on some very quick approximate numbers then somewhere around 25p-30p per share sounds about right.
Matt
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