Member Info for PaddyGall

Look here on morningstar - you can see they had 29m

https://www.morningstar.com/stocks/xlon/ggp/ownership

Scroll down to distributions on here and you can see it's now at 4.27m

https://sprottetfs.com/overview/sgdj

It's an ETF @Jigglepuff - they blindly follow an index and rebalance regardless of the valuation or prospects of good / bad news. They are a price insensitive entity that will dump or buy shares so it's a double edged sword.

The good news is that they will be buying loads of GGP shares when we reverse direction at some point.

ATB - Paddy

If you have a spare 15-20 minutes this morning then have a read through this article about how the large institutional players can manipulate and influence share prices in stocks. GGP would have been largely free from this until it got into the position where it was understood what the prize at Havieron would eventually entail.

https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method

Looking at the action over the past 18 months and overlaying it onto a typical Wychoff chart shows some very compelling similarities IMO but please DYOR.

https://ibb.co/2Zywwyh

ATB - Paddy

I think it's been confirmed by a few people Strudel that there is no 12 month deadline for agreement of the 5%.

The 12 months only referred to the time limit that NCM had to inform GGP of their intention to take the 5% after delivering the PFS.

It's still in both NCM's & GGP's interest to get this sorted in the shorter term IMO - with the amount of news that NCM have lined up for the second half of 2022, it would make total sense to have the 75% wrapped up before they hit the market with their upgraded MRE in August, the DFS in Q4 (probably) followed closely by the decision to mine. There will probably be an outline of the possibility of converting the starter mine to a bulk mine included with the DFS so that 5% will grow & grow from an exploration upside the longer that it's left to sort IMO.

ATB - Paddy

Now that would make for a very lovely start to the weekend.....

Ignore the line that says GH still has shares - it hasn't updated for over a year for some reason and he personally told me that he is fully out of GGP. No reason other than he had other ventures where he felt his capital would be better used and if truth be known I don't think he liked the idea of someone else pulling the strings where he used to be top cat.

GLA - Paddy

Here you go Jiffy - these are the top 100 or so holders from the Bloomberg print on the 19/03/2022

There are almost 1billion shares held with Hargreaves Lansdowne alone. PI's are by and far the biggest holders of GGP.

https://ibb.co/pdZ2nBj
https://ibb.co/dK56WkG
https://ibb.co/B6p5JqM
https://ibb.co/Bydw7wg

GLA - Paddy

I will post links to the latest screenshots from Bloomberg on here Jiffy, they were shared about a week or so ago.

Paddy

Wow - just look at all the big round numbers getting thrown at it at the 10.88p mark - typical PI behaviour of course.

Another day closer to the big prizes - it's like a battle of wills now, everyone to their own strategy but I won't be found wanting with mine.

GLA - Paddy

The thing is Poopy - if there are 60million out on loan then there most certainly will be a squeeze when they try to buy them back.

It's costing them to "rent" the shares at the minute but at some point they will need to re-purchase them to return them to the rightful owners. If the SP doesn't drop low enough to allow them to re-purchase everything lower then they will be in the cr*p.

Add to that the possibility that if the 5% is settled well. then a lot of other "hot" money could be waiting in the wings - suddenly all that money is competing for a limited amount of available shares.

It should be fun if it happens - Paddy

That's off the scale sAs - absolutely PMSL at that. Love when he squirts the brown sauce into the paella :-))

Hi Stephen - no worries, at least it made me think of some alternatives :-))

Heck - if I win the euromillions tomorrow night then I might be up for financing a bit portion of it myself lol :-))))

What do I need to know about banking Stephen? We don't raise the finance then we don't go mining.

NCM are the most likely suitor for our share of Havieron but there are other avenues to unlock revenues from Havieron - streaming companies would be one source that Shaun could look at and if all came to all he always has the option of equity finance. I can think of 60million shares that would be snapped up in an instant.

Not an option that would be popular but if it were the only option available to him to get us over the line to the starter mine then one than LTH's would support I'm sure.

NCM will be fully aware of all the various options that are on the table for GGP and they won't want any other asset dilution any more than we will - they might decide to finance it for us in exchange for the 5%.

Lots in play here still - don't be surprised by anything IMO.

GLA - Paddy

Not been around much today - having a quick read through the mostly waffle posts but I like the one by zoros from earlier.

"One of two things will happen here and BOTH will have been resolved in less than two years time:
The resource @ Hav will be bought out by a.n.other (almost certainly NCM), or
We will be in production."

Quite simple really - even Shaun alluded to the same thing yesterday when he said the GGP share price was asymmetrical now - we either get a take-over with a nice premium or we go to production and re-rate accordingly.

Sad to hear about Hydro and Costa - there are plenty of people who have access to them on other platforms but I feel the board here will be far worse off for their absence even if they could be abrasive at times.

Good health and good luck to all genuine holders - Paddy

Don't forget that we have an interim drilling update in 2 weeks today @dsmith and then the next NCM quarterly will be on the 28th July, remember Tier 1's keep on giving NICE surprises.

Why are people obsessed with a lowball offer? Shaun has made it blatantly clear that he will not be supporting any bid that doesn't realise 3-5 years worth of value for GGP, if Shaun doesn't support it and NCM have to go hostile then they don't have a snowball in hell's chance of getting it through IMO.

GLA - Paddy

Hi Spades - thanks for sharing the reply from Steve. That's very reassuring to know that he is basically singing from the same hymn sheet as Shaun and he sees this deposit growing much much bigger - the same as a lot of us on here.

ATB - Paddy

Bottle knows as I've thanked him already on Twitter but I'd just like to say publicly here thanks again and well done - it speaks volumes to me that the MD / CEO is prepared to take time out to engage with a PI shareholder who then puts that content out for the benefit of all of us small guys.

Freddie stated yesterday that Shaun needed to do something to improve the sentiment with this share - well TBF what a riposte that was today.

He is 100% aligned with the investors here, maybe not the traders but 100% the investors IMO.

Looking forward to instalment No.2 tomorrow - ATB Paddy

No worries Tom...

Costa is right Robbie - you can just add this year's £20K to your existing ISA. You don't need to open a new one every year.