The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hey Magic - great to hear your news buddy and many congratulations though personally would never have doubted your success. Personally glad we might get back to hearing more of your highly educated views which will serve to complement Bamps’ - this Board is lucky to have so many knowledgeable posters on mining. Best regards.
Hello all, it's been a long time since I have posted on here. It's been a very busy period for me but I thought I would provide some positive news for the end of the week. This Monday just gone, day before Shaun's Town Hall meeting, I was fortunate enough to pass my PhD viva. That means I successfully defended my thesis and can say I'm officially a Dr. It was a very intense QnA, I had some hard questions but I managed to get through it. I'm beyond relieved that its done and I can look forward to what comes next. At least now I have some more time on my hands to dedicate to the markets and keeping up with things, including here at GGP. Nevertheless, I thought it was worth posting this update for those who may have been interested.
Portfolio - nothing makes any sense anymore. In olden days, going back a few years I must admit, with gold price peaks any explorer, let alone producer, with the word gold in its name would rise regardless. Ok maybe investing is getting more sophisticated but for a company sitting on proven reserves that GGP has I think the market has become over sophisticated and worrying about what Newcom might or might not do is naive when we have such as asset especially when the reserves have increased significantly since Newcrest days. Absolutely barmy. Time was when 'gold in the ground' was the main guide to SP compared with the gold price and the cost of getting it out. As I say this SP is ludricously low especiallywhen the GP shows little sign of falling. The cost of getting it out has not changed yet the asset valuation is skyrocketting. Don't understand anything these days.
Sounds a bit on the low side don’t you think portfolio.
300,000 ounces = about $650 million per year , are you sure ?
If you’re buying today it’s a good price. Price is relative.
Why is the share price so low ?
Almost hit USD$2,200 today. Only a few dollars off.
300,000 ounces per year. Can’t believe you had to even ask.
Excellent accurate contribution as always Dip.
Like your post Tosspot but I think you mean “but these commodities underpin (not undermine!!) our value”? Thanks.
Hi chaps, I have been away for a bit , I notice the gold price has hit new all time highs and still rising, are GGP pulling any out of the ground yet ?
Glorious Greatlanders. You all know. Paddy, Bamps and all the gang. Thank you. It's all arriving in it's own time. Keep a little powder dry for anything unexpected but come on. When the federal reserve get involved with Australia it's significant. When Sandeep was ejected hurriedly it was significant. It's all been choreographed with newmont. Who could have imagined our trajectory? Gold and copper! Anything else would be a concern but these commodities undermine our value. Keep emotion and dwindling profit in line with expectation but chaps come on. What a gift. Even if we pay 2 billion which it won't be it's a terrific moment. Good luck Chaps.
Great work as always Bamps, but, please please please stop feeding them by replying directly.
I can't be the only one on here that filters the aerosols on day one of posting. They're so easy to spot.
Moving on, terrific presentation by SD this week. I've long thought, and said so, that we'd get it all and it seems we're a good deal closer now. More patience required but after the last 3 years or so I think I can manage that.
Keep up the sterling work - It's appreciated by many who never post on here.
I already told the other geezer yesterday Ace - magical mystical powers granted from the Gods of AIM ;-)
Raising a glass to toast Speedie and his predictions tonight . Great things come to those who wait ( long enough)
Ok - who are you; where do you get the time & resources to do this and post such thorough & thoughtful posts and have the patience of a saint to deal with pest posters. RU an analyst.
Makes you want to look forward to monday morn even more so.
GGPCHAT is back up so notes also posted on there now:
https://www.ggpchat.co.uk/viewtopic.php?t=896
PDF inc. Slides as below:
https://tinyurl.com/2bhjb3dv
POG is flying ATB Jonno
On my poor long gone grannies grave I swear I am still getting them and I did not click on any site and accept any cookies that would lead to one getting "pop ups" for such reasons - I am sure sure you believe what I am saying 😂 .
Very true JD!! - good luck buddy.
They do not make them like they used to Redirons!
Boom boom and a TKO Bamps!! Quite brilliant - thank you and Aim99 must be reeling from that!! 😂😂
My dad used the phrase as a teenager back in 1950s