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MH01 I’m not trying to discredit you at all. Your last paragraph, 6p to 47p, I’m with you all the way, but you are also a bit of a pessimist, whereas most here are a tad more optimistic, including my good self.
The sort of figures Speedie and one or two others have been discussing are possible, but only if everything they have spoken about, such as the POG etc, reaching multiples of where it is currently, comes to fruition.
I hope you attain everything you want from this as I do all genuine investors here, but just because I may criticise some post’s, doesn’t mean I totally disagree with the author of those posts on everything, as I’m sure everyone doesn’t agree with half of what I post to.
ATB
New JV for Havieron at some stage with Wyloo / Fortescue with some debt and equity.
Get control of Havieron sorted and Telfer will naturally form part of the mix with Newmont looking to divest.
If Newmont want to step away from the liabilities of the future wind-down costs of Telfer mine throwing in the processing plant at Telfer as part of the deal for nil consideration might well be an option on the table.
Certainly going to be an interesting next 12 months ahead.
I seem to be the only realist here lately. And you all complain when the fud brigade show up following this weekends share price predictions. I posed a question below. The rest is up for debate. I’ve posted SP forecasts lon the past based on FCF estimates, PE ratios and various margins. Actual mathematical calculations. Don’t try to discredit me with nonsense. I’m a shareholder and stand to profit from a higher share price. If a 6p stock can get back to its ATH of 38p that’d be amazing since we have had 25% additional shares issued. We’d need a new ATH or 47p to match the prior market cap.
MH01, make your mind up. First your telling us all to stop dreaming of our price going on a bull run. Now your advocating silver small caps possibly twenty bagging. Which is it to be ? Up, Down, stay as we are ? You’re about as easy to read as the Beijing phone book !
Will GGPs share price follow a similar route … it also spiked a few years back like this
https://twitter.com/ResetTime2030/status/1781874109019721759
Https://twitter.com/GoldPredictors/status/1781929364235718934
If Biswas was to come back, then the only capacity in which I would like to see him, would be that of joining the GGP board. That would surely send out one helluva message of confidence that Havieron is something truly special. But all us LTH’s already know that !
Hold your horses Biswas may be back in the near future. Sit on those hands to see first
In case you missed this webinar, it's well worth a watch. Has Eric Sprott and Pierre Lassonde among others. Michael Oliver is excellent. Some very interesting gold price forecasts!!
https://metallic.media and scroll down to the first video.
Mark - It wasn’t that long ago that if anyone talked of the possibility that GGP might one day own all of Havieron and Telfer they were considered by many to have lost their marbles.
I did way back (circa 2 years ago) and I suggested we offer them 1.2 billion and watch biswas ride off into the sunset.
Obviously the cranks and misfits are making their late afternoon visit.
The price of gold
Don't mean owt
It's still in the ground
And won't come out
What I found more shocking Bellers in that interview was the part at 14.00 concerning the shenanigans going on at North West Copper resulting in their Executive Chair's resignation!?!?! 😲😲🤨
''certain members of NWST's retail shareholder base have approached board members and used highly improper methods to try to cause decisions to be made which would confer upon them a personal financial benefit. In my case, I have been threatened with personal litigation on more than one occasion for resisting such approaches.
I believe that NWST can become one of the most successful and prominent members of the junior copper mining community if its considerable assets are managed correctly." - Grant Sawiak, Executive Chair, NorthWest Copper.
Just a taste of the corrupt sh8t that can (and obviously does) go on behind closed doors and 'hat off' to him for having the integrity not to succumb to it!! 😡🤬🤬😡
I agree everything is possible if if if and when. And it looks like we may well have picked a gemstone amongst the dust here with GGP given the perfect storm ;
But can we pretty please just get to the 20 p mark first so some of us can rest easier !:-) and never dip down to these rotten levels again.
Thankfully I don’t have a heart problem but if it keeps dipping downwards I might have !!
Waiting for Shaun’s next big move. All is crossed for the biggest one !
Hi JerseyCrew. I prefer to keep things simple. My thinking is 20p to 40p at production with things as they are. With a POG at $10k that is x 5 then the leverage achieved for mining x2 allow for a change in sentiment and £5 is not a pipe dream. Bring in 100% and an increased ore size and another find and all bets are off. ATB Speedy
Still running the pumps.
https://x.com/hinds_stuart/status/1781670421403770970?s=61&t=nNoeC9NP4wbkqYu0S7bZ7g
Https://x.com/hinds_stuart/status/1782001438773621045?s=61&t=nNoeC9NP4wbkqYu0S7bZ7g
No one wants to quash anyones dreams , we all hope this rockets and as long as everyone knows the risks its fine gla
Still pumping
Hi all you people,does anyone know what is happening with the tunnelling progress,have they got past the aquifer yet.someone must know something.
Would it be a possibility that GGP buy the Telfer plant and machinery trucks only ,and Newmont close the mine and foot the costs .
On the never say never theme. It wasn’t that long ago that if anyone talked of the possibility that GGP might one day own all of Havieron and Telfer they were considered by many to have lost their marbles.
To quote Jean-Paul Turcaud
“There are 3 stages in a discovery….First people say you are mad.Second. People say you are not mad but your discovery has no value.Third. People say this is a great discovery but everybody knew about it.”
GLA
When are due an update…..in my head I have 23rd…..?..
I fully concur Ace, MH01 does seem to get his/her knickers in a twist over anything that they deem is ramping. All the figures quoted, whether it be 50p or £5 are all hypothetical at this stage until the board announce in which direction we are headed.
One thing we definitely don’t need is someone telling us we’re all dreamer’s, because of, if this & that happens we could get to a price of X ! Anyone with half a brain cell knows these figures are unrealistic in the short to mid term, but if the POG is to be re-rated to some sort of backing existing fiat currencies, then it has been suggested by some far more knowledgeable than anyone on this forum, then it could rise to around $40,000 per oz. That doesn’t mean the world will turn to 5hit as a lot of you have predicted, it just means it has been re-rated to protect existing currencies rather than experiencing a real 5hit show if they fail.
BTC has gone from cents to $64,000’s, and the world hasn’t imploded, so why should it implode just because gold returns to what it has done for the last 4000 years. Obviously the doom monger’s and folk without a modicum of sense will try and convince you otherwise, but who in 1972 when a pint of beer cost 10p, would of thought (depending where you live) cost anywhere between £3-6 a pint.
MH01 just because we are only currently valued at 6p doesn’t mean in a few years we couldn’t be valued at a more significant value. I bet Jeff Bezos never thought selling books from his garage would be worth what it is today. In fact I bet if he would of taken his business plan to any bank, they would of laughed him out of the place, and if there’s one thing I’ve learned, it’s never to say never, because you just never know how things can pan out. And what’s wrong with a little positivity or as some of you like to call ramping ? Because if us investors don’t portray it, then the naysayers certainly won’t !