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Being fortunate to have a low average of 5.8, I've sat watching the sp do it's thing with little concern. In my opinion there are great things to come so have intentions of selling any time soon. If I'm honest a lot of the technicals are way over my head and have no idea what the true value is now and potentially in the future. It would however be sensible I think, sometime in the future to bank some profits. I would be interested to know people's opinions on where they think the sp is going in short, medium and long term.
I understand it's opinion based only but we all must have figures in mind. I could state a figure but that would be meaningless as I truly don't understand much of the science . I have read lots of articles about GGP before investing as well all the RNS, and compared them to other companies, so I haven't been lazy, just a bit thick!
Thank you.
Please excuse the bad grammar and missing words, I'm typing on my very small phone and it is 5am!
You would think around the updated MRE in December there will be a spike in SP - id like to see back above 30p before the end of the year but who knows
In the next several years I will be disappointed if SP doesnt reach 50-60p but unfortunately the threat of my disappointment doesn't guarantee results
IMO the share price come about Thursday next week will be a very interesting indicator of where this is going short term.
After the dust settles on the PFS, and well before the December formal MRE update.
Can the recent 6 odd pence uplift be held, or even bettered.
Or will the traders loading up for the PFS pull it down again. AIM is of course notorious for the cliche of buying on the run up and selling on the news etc. Especially when there is a lot of expectation of the reverse.
Sure, LTH plus those still under water from the terrible 2021 performance will hold. But will those that got on at 16p....?
That will be interesting and either build a new base for the later MRE. Or precipitate a stumble back....
COP Wed and Thursday coming will reveal a lot.
Cheers.
In the next several years lol I’d be disappointed if u weren’t here subtly deramping to push others away…hahaha several years, subtle….but so blatantly obvious it’s actually funny. Thanks
Saying id like to see SP almost triple from here is deramping? are you a troll or a weirdo
Hi Hydrogen
Well thought out.
I would just like to add with my theory of the lower ovoid scenario starting to come to fruition, I have 2 more scenarios that are starting to come into reality.
1
Lake Havieron to the NW will come into the ovoid.
The Northern corridor is lining up with it and the line of Eastern breccia and Northern extension are also lined with it
2
That the historical size of 1000x1000m sizes quoted will eventually take in Lake Havieron and the extension towards Havieron North.
Havieron North has been indicated by an Artemis model of joining up with Havieron and I feel that Drill 141 has found the link at possibly the deepest drill we’ve done, so the high grade Eastern breccia could be feeding Havieron North.
Still early stages but very exciting:))
Great post this morning Hydrogen. I was wondering, after what we have just witnessed over the last 2 days of trading, if just a little bit of information has been leaked. To have 10 months of the mm’s manipulating the sp left, right and centre, to suddenly it taking off, dose seem strange. I totally understand the expectation of good or great PFS news, but there must be more to this. Let’s just hope we don’t experience the usual retrace on good news. I do think that you make a very valid point with regard to the possibility of Havieron having 3 siblings though, as you point out, not your words. If that were to be the case, that my friend would make it the largest gold prospect in the world. As for the sp ? Hold on tightly for one hell of a ride into outer space !!
Hydro just put so well, thanks for all your informative posts.
Really looking forward to this next chapter in GGP next week:))
Hi Bamps 21. I was writing just as you posted. That’s one hell of a tantalising scenario. Only time will tell on that one !
Thanks Hydro for that brilliant post, I strongly agree. My belief that this is one of the worlds largest mines, within one of the worlds largest gold / copper mineralisations.
The area will be mined for over 100yrs, from AZY to GGP.
Greatland Gold Fields £5+
Bamps 09.07:
Set me thinking. This is a bit like a map of the London Underground !
Hav is Piccadilly Circus and the NW trend is the Bakerloo and Jubilee lines up to Bond Street and Oxford Circus. Beyond that are our other tenements and trend lines including the Metropolitan line.
Back south west is the Northern Line beyond which, like with our new tenements that way, was never built out as all the SE Londoners can testify. We’ve just bought tons of land ready for the SE ‘extension’.
Maybe in future we can use stations to reference where we are speaking of with step outs etc e.g. “new infill drill pads at Regents Park” or whatever.
And to your point about what’s under the ovoid and further below, we’ve got a reference point too - the new Elizabeth Line / Crossrail which is lower under the existing tube lines.
Maybe once GGP are done they could turn it all over to a tube line for the Aussies.
Anyway, that mindmap works for me. Anyone else?
GLA
Excellent posts hydro and bamps. You have both given the board much to salivate over with your thoughts and investors (current and potential) would do well to consider alongside their own due diligence. The geology is being revealed and whilst the SP has not been in sync recently, I have a strong belief that these will converge over the next 12 months and even the most optimistic amongst us will be very pleasantly surprised.
As always thanks both for sharing your well reasoned and considered thoughts.
ATB
Hydrogen - it's us that should be thanking you, and many other great contributors to this board. I hope TMT is doing well in his new chosen path, and his thoughts would have been great to be aware of on the recent happenings.
Great post - and those potential valuations are only based on Haverion - and we have lot's of other prime exploration areas.
However - I am not getting too carried away, for me I have always thought we need to be patient and realise that this will take years to get to it's full potential. We still have no income, and we will need funds to continue our exploration programme each year, especially if we are to retain 100% ownership of our no JV tenements.
However, the PFS followed by the FS next year for Haverion, and the breakneck speed our world class partner NCM are going at to get Haverion ore to Telfer, will make if very easy for Sean and the team at GGP to be able to raise funding by borrowing.
The potential valuations you mention are fantastic, but we could find another Hvaverion or mini Haverions on our other targets, although investors should realise that deep drilling is slow and costly, and finding ore bodies is very hard, and finding large ore bodies is even harder - as borne out by the exploration data worldwide for the last 20 years.
Only time will tell if GH and CB and the team at GGP were extremely skilled in where they put the drill in the ground at Haverion, or skilled and also very lucky.
Feeling very positive this weekend, and have believed in this company ever since I was brought here by a poster on another board. When I look at the total investment I have made here, which is for me very significant, 13% in 2019, 39% in 2020, and 48% in 2021. My 2021 buys now at break even (21.5p average) , very healthy gains on the 2019/2020 investments. Overall average 6.95p.
Like many others this could be life changing for me. Very hopeful and optimistic, but still aware there are risks, but in my opinion small. My only regret was my caution in 2019/2020. I have other junior miners in our ISA/SIPP - but none with less risk than GGP.
GLA - and Thanks to all the great posters on this board. I hope you guys that go to the Stag have a great night next week.
Thank you all very much for the sp predictions and that brilliant piece by Hydrogen and Bamps.
I now have more understanding of what I have invested in and hope the answers to my questions has given others confidence to buy, but more importantly hold for the long term. Myself like many others I'm sure, have seen portfolios take a large hit this year. I have about 30 odd in my portfolio and although overall have made good gains, have seen a significant reduction on value. I have decided next week to have a clear out of some of those bad performing stocks and increase here. GGP are already a significant percentage of my portfolio but I'm happy to increase. I believe that there is definitely a sector change happening and precious metals producers / explorers are the future. GGP in my opinion are a once life time opportunity and even after a couple of days of increases have a huge upside.
Thanks again.
Thanks Hydro and all other knowledgeable posters, it was worth breaking my self imposed LSE weekend ban just to read that. Gla
Great post Hydro.
Also, great to see the board full of the positivity we were seeing this time last year. It might be a reflection of the human condition that good times bring good vibes, but I sincerely hope that the back-stabbing and general malaise of the last few months is behind us.
Many, many LTH's have stopped posting but the last two sessions, with 500+ posts a day, have proved to me that the interest in our beautiful little company is still there.
Here's hoping that the course is now set for calmer waters and the good ship GGP is now full steam ahead to the promised land.
I'm personally convinced we will see our ATH surpassed by Xmas. Simply because I refuse to react to the BS and frothing naysayers, just breathe and refer to the fundamentals. Fundamentals, fundamentals, fundamentals. And guess what dear reader? Every single one of those pesky fundamentals point in one direction.....a multi-asset, multi-million pound company, with a fiercely loyal backbone of multi-millionaire shareholders.
As the somewhat mystical mushroomkid used to say....we know our onions.
GLA - Dodge.
Good afternoon all, SD didn't take on his position and then employ top class engineers to sell off the company, anyway he has no skin in the game at the moment. He wants to go mining and the only way he can do that is to take the revenue from HAV and distribute it for mining and dividends. Private share holders are about 80% of the share register and the others are funds, so for me if GGP is sold what are the SH going to do with the loot, that is the question. There isn't another GGP out there so where to invest?????????? I want to hold for the next 50 years taking dividends, i wouldn't sell at 5 quid, why, draw down 50000 a year for 250000 grand, can live quite well on that. One mining expert said best position for an explorer is to find the mother load next to an existing mine with lots of capacity and in a tier 1 country, oh yes as another one said HAV is the most beautiful deposit he has ever seen, says all really. Have a nice weekend. Ciao DM