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more like used condom, cos we all got screwed before on EG.
Typos sorry ..fit fungus
I don't believe* what some are saying that the next Hav update will be just normal, much the same as before. GH knows how pi's are looking forward to this RNS...he'll go down like a wet* ballon if it is 'just normal'
VTID.....maybe not today but early next week..yes!
Pi's have been giving GGP a miss fir a couple of years believing there was plenty of timr. Even i was out for most of 2018 just doing the occasional trade. Most believe NOW is the time for GGP to finally prove their worth with WCRs....sooner or later. You've got to be in it...innit?
I don't what some are ssying that the next Hav update will be just normal, much the same as before. GH knows how pi's are looking forward to this RNS...he'll go down like a qet ballon if it is 'just normal'
Still expecting another update on another project. Anyone's guess but they drop them at short notice when no one ecpects!
°¿~
this will fluctuate a bit, but it won't go down like some predict. funny that none of the doom-mongers say anything whilst it rises.
far away from 1p isnt it.....lol
Paddy totally agree. This is now a very different company than a year ago. Previous spikes were based on hope of a farm in, of Hav being a large deposit..now that uncertainty has been taken away any further good news on Hav will propel the SP above previous highs.
Agreed Jerry - They were 40% into stage 2 spend at the AGM in December as reported by attendees and they were in the middle of upgrading the camp to cater for the influx of new people. Those new people will arrive on site when the rig count is increased.
The post from LinkedIn also stated they were putting in a supply for the "future core-yard" - They would only need a core-yard on site to prepare and store the cores if there is going to be a sh*tload of them. A sh*tload of cores means a sh*tload more drilling.
All the clues are there - just join the dots - stage 3 is happening.
Cheers - Paddy
Morning Apple. Do you think that we could see a 52 week high today, in anticipation of news next week ? I should imagine most investors here, are on tenterhooks at this moment in time. Any news next week, could possibly be the make or break point for GGP. Do you have any thoughts on that ?
..and I 100% agree with your point Womo.
Not 100% sure paddy. I would think that if they get to a point where they earn 40%, they won’t be pulling out. If they don’t then they get nothing. So win/win?
Recent statements snippets from GH...
"2020 will be a transformational year"
"We could have another Havieron"
"Why the sp isn't much higher, is baffling"
Hi Jerry,
Really good point TBF - Does it work like that??
If NCM decide to walk does the whole license revert to us?? I'm guessing if they spend the stage 2 budget and get to 40% they would retain that or do they lose the rights to it in the event they walk??
All hypothetical - they need to make Havieron work for the sake of Telfer - it's gonna happen IMHO.
Paddy
Dodge, my point being the trend of SP since 2016, LTH's are not bothered about fluctuations.
Not strictly true Womo re: January historical prices, and it just shows how stats can be manipulated to make an argument.
I give you:
Jan '18 peaked @ 2.44
Jan '19 peaked @ 2.485
Don't get me wrong, I'm with you that the chances of a collapse are extremely remote, but January for the last 3 years has seen the SP fly, only to drift for the rest of the year. Something tells me that is not going to happen in 2020 though..
If we are happy to assume that there is 5myn ozs min, then the worst news would be that NC walk. But having done all that work, we would then have 100% of 5myn and free to do a deal with Rio. Now I realise that this is pretty unlikely scenario but not sure I can think of another bad news scenario as joelme alludes to.
Apple,agree .
2.9p before news.
Anyone agree?
°¿~
No reason to think it will be anything but great news.
Newcrest have certainly been marketing Havieron at every opportunity. We will break 2.5 before news IMO and then further up on news. Shaping up to be a truly exciting year...finally
Don't think anyone (except yourself) has a view of GGP collapsing and if you are a long term holder then there are no scars - only profit. Jan prices 0.275p in 2016 - 0.33p in 2017 - 0.76p in 2018, 2.375 in 2019. All looking extremely good for 2020
Joel,
I get your sentiment about the impending update but I can't see your logic for the SP to collapse as you say.
Even at Numis 3Moz we are trading below the 4p that they said and you are totally disregarding any potential in our other assets.
While I will obviously be nervous about the content of the update as it approaches I'm completely comfortable with my position and very confident about the outcome for GGP LTH's
GLA Paddy
Disagree
Whatever happens Wednesday night with results then trading to end of week the SP won’t collapse
May fluctuate due to traders and some pi’s getting cold feet.
However we know for definite that Newcrest said they were adding more rigs , which we won’t see results of until at least 6 weeks after Wednesday and more likely April quarterly results.
We know for definite (due to paddy’s sterling work) that the footprint is growing on where they are drilling and will do every 5 days (weather permitting)
And we know for definite that GGP will be drilling themselves at scallywag and maybe elsewhere in the first half of the year.
So let’s all relax and realise that the SP is 99.99 % ( there’s never 100% in my world)not going to crash and take comfort in the fact that by hopefully the summer quarterly from Newcrest or by the latest the October one, we will have an idea of how much gold there is .
GL and see you Wednesday night :)
Unnerving times approaching as we sit on the precipice of GG sp either collapsing or finally breaking through to be a successful share and make the gains most feel is deserved. Next few days will be vital in showing the direction in which we go .long term investors know the scars of the past.hopefully we got a brighter future on the horizon. Just imagine if share comes good it will be we deserved for those committed in one way or another. Gla