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This is going to 3. I’ve held Griffin for 10 years. Finally people are getting it. Cash cow, no debt, massive deposit. Let’s go!
In what year did you buy at 7p?
Held this for years. See massive upside here.
Moooooooooooooooo
It will never get sold !
Take your nonsense elsewhere. Doing just fine here :)
How much have you lost on EUA? Getting desperate?
Already made a lot of money here .. in at 7p target price £1.50 but may hang on for £2 later this year. ARV is my hope moving forward!
Nothing will happen here, you should check our Eurasia Mining (EUA) - Now theres a company that will make you money.
Hi.
Do we know when zone 2/3 numbers will start feeding into the production or have they already started?
Some one said if this was in US would be worth 700m I think well over a Billion given some of PE multiples over the pond!
Gold on the up this evening - will GFM react tomorrow? It should.
If this was in USA it’d be worth over £700m, probably over £900m.
Realistically a few consistent dividends (7p + a year announced soon and again in a year) would get us to 240p IMO
233 mill. Seems quite cheap considering….
Could this not be worth double this 450mill ……?
I don’t see why not in years to come.
Would like to see 150-155pence….. was there afew years back. Could we push for all time highs …. GLA.
Let the griffin fly. Fly my pretty.
All commodities absolutely flying ….
With the current price of Gold. This is going to add massively to the next quarters results…. Not sure the price of Zinc and all the rest of it. But again GFM with zero debt is a cash cow. And must surely reinstate a dividend soon.
Share buy backs are not happening to help the SP rise.
Previous double bottom at 92.4. New one has formed at 113.4. per chance, another 20% on the way? It would be nice of the tiny number of institutional investors who've come on board in the last couple months gained traction. We need institutional pressure to bring about dividends.
The share price has been so very positive in the last week or so it makes the cynic in me think somethings up!
GLA
Bonuses all round then. But there will be yet another excuse to hold on the dividend.
2024 it promises to be good. The mines have been in full operation. Plenty of wealth in Griffin Mining now.
The Chairmans word for last years company performance was"Spectacular. That is the only word that can adequately describe what has been achieved by the management and staff of the Company in 2023, What is the word going to be for 2024 performance? I would suggest "Stratospheric"
Until there is more trust that money can extracted from
China as paid as a dividend - there’s no chance the price will bounce significantly
Bean you literally highlighted the three reasons the share price is rising then said “I can’t understand why”
Six months ago, possible less, there were no fund managers on board here. Funds are the main drivers of dividends, we had none. I checked again to day
Shareholders
Name Equities % Valuation
Adam Usdan 29,794,878 16.15% 37 M p
Richard Griffiths 24,313,224 13.18% 30 M p
Roger Goodwin 1,527,830 0.83% 2 M p
Liontrust Portfolio Management Ltd. 855,724 0.46% 1 M p
Clive Whiley 100,100 0.05% 125 039 p
Dimensional Fund Advisors Ltd. 73,670 0.04% 92 024 p
SVM Asset Management Ltd. 44,260 0.02% 55 287 p
Mladen Ninkov 33,001 0.02% 41 223 p
Universal-Investment-Gesellschaft mbH (Invt Mgmt) 17,156 0.01% 21 430 p
Linda Naylor 10,000 0.01% 12 491
Tiny little per centages, but they're onboard. perhaps this is what's driving the shares.
Whilst welcome I can't put my thoughts into why GFM is gradually rising. Zinc has been higher - but it has been much higher. Gold is high, shares have been cancelled, there are more purchases than usual but there is no other news. I agree that GFM could / should be trading at 180p to 400p.
This should be trading at double or triple current share price.
It’s actually going up!