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Whatever. I am sure you are correct MH01. Second tongue in cheek.
Wow someone can’t take a debate. Best stay off here mate.
Hi MH. My last post is also directed at you, my post is about the potential for the SP with a re rate in the POG. ATB Speedy
5 or 10 bagging from 6pence will be quite the re-rate…. no?
That is 30p to 60p.
Hi MH. You still do not get it do you. This is all about a massive re rate in the POG. I will spell it out for you one last time. If the POG re rates x5 and with the leverage for producers x10 even with a lowball price of 20p that would be £2 for the SP. If we manage to acquire 100% of Hav with no dilution then a fig of 60p is not out of the question therefore a re rated SP to £6 is possible. This is meant to be an exercise in potential, not as you state "a ramp" ATB Speedy
Easy to write a SP target/range on a page. Our reality will be in the context of the sector as a whole we are in. If all gold companies rise 10 fold in value then yes GGP should too. We need to start pulling out gold and copper though. Money flows to the top of the sector, those with earnings and profits
Hi MH. I see GGP as an extremely good bet for a massive rise even without a re rate in the POG. Taking into consideration our position on the L. C. our exceptional BODs, the currently suppressed SP, a high grade ore body with a great shape for mining, Telfer just down the road, the present POG and rising, funding in place, production looming, mining friendly jurisdiction, the list goes on and on. 20p is a low ball prediction on production and i expect a higher SP. Also at the moment, the miners are deeply unloved but that sentiment will change giving GGP a further boost. No ramping here just good old facts. ATB Speedy
All shareholders would be very happy to see the return of 20p a share… hopefully this year…
Be nice to see the sp return to double figures, most Lth’s certainly wouldn’t sell at 20p though, screw that!
Truth is no one knows where the sp will be next month or in a years time, that £5 figure wasn’t a ramp just an answer to my question, I understand the logic behind it speedy especially with all the interviews I’ve watched… I mean literally this morning I saw Rick rule mention some juniors having the possibility of a 3000% rise! So you just never know
I continue to hold. I still don’t know why Newmont withdrew. I still don’t know when we will turn from cash guzzler to cash generator. Production was due to start in Q3 2024. When the cash starts to roll in our sp will re-rate. For now I just sit and wait for news. GLA
£6 eh Speedy?
I’m sure we all hope you’re right, but we’ll need to be very, very patient.
Mining stock is a slow burn but can jump occasionally. All the stars will need to align for the sort of price you predict. 🙏 you’re right but frankly my sights are set considerably lower.
But All the best for sure.
Speedy - I would not place too much stock in someone who does a calculation suggesting you can get 2 aussie peanatas for a pound.
POG 2500+ Re-rate on sentiment BOOM 2/1 $/£ BOOM 100% HAV BOOM; one for all the rampers 😁
All this talk about ramps makes me think about the biggest ramp of all. For the last three years it’s been called a decline, but once it reaches the top of the orebody, then it becomes a Ramp to riches.
Our SP has been tracking the decline since it started, so once completed, just like those trucks down there, they will have to turn about face and start to climb back to the top, as will our SP.
You have a way with words spade.
Ace, it’s like famous Irish comic used to say, “It’s the way I tell em” 😂
£6 eh Speedy?
I’m sure we all hope you’re right, but we’ll need to be very, very patient.
Mining stock is a slow burn but can jump occasionally. All the stars will need to align for the sort of price you predict. 🙏 you’re right but frankly my sights are set considerably lower.
This post seems to echo my thoughts , a short time ago we were thinking 50p now we have some posters who have no insight into the workings of this share now picking a figure of £5 , Be patient a number of older shareholders have heard this for over 10 years , what is next , in 2026 it will be £10 , perhaps ??? , as always . have A GOOD day
Afternoon MH01. Not sure the comparison with NS is appropriate if the high Ggp sp assumption is based on the gold price rising, as NS mkt cap will probably be $50b!
A quid will do me at the moment. DM
Careful everyone as we’re not allowed to dream as it’ll be misinterpreted as ramping! 🙄
Hi Trippy - after the lousy 3 years plus we’ve seen GGP go through, it’s nice to see there are some real positive outcomes to look forward to from a variety of learned sources!! VGLA true Greatlanders - we deserve it imho!!
Yes red, it’ll be nice if one of them comes to fruition and a bit of positivity instead of the depressing posts from Freddie, iot, Pepsi and the rest of the idiots makes a nice change
Hi Haveagoodday. You say "have no insight into the workings of this share". Maybe that is correct but my £5/£6 SP is not only about GGP but about the possibilities of the effect on the mining industry of a POG re rate and the leveraging effect of that re rate.
How much insight into the workings of the gold market do you have? Bugger all i bet. Speedy
Hi Speedie.
Thank you for your learned response.
I tend to agree with where you are coming from on this subject but i personally the result will be somewhere in between. I am not sure a total collapse of FIAT will actually be allowed to happen. For what its worth and IMO it (FIAT & financial assets) will rerate accordingly and inline with and as other assets do. GL
speedy - just for fun i thought i would have a 2 minute *** packet stab at potential leveraging factors - interested for other views - i have put ranges in:
lassonde curve 3 to 6
pog 2 to 5
miners / pog gap closure 1.5 to 2.5
jorc increase 2 to 4
so taking mid points 4.5 x 3.5 x 2 x 3 = 94.5
6p x 94.5 = £5.67
we seem to be in the same ball park with our dreams.
just for fun ….but not totally impossible in time??
atb