Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Notrader, my post was to Jerry’s patronising implication that we are small insignificant shareholders and the company shouldn’t pander to us. Which suggests they should only listen to High net worth investors or insto’s concerns.
I get the fact it’s a reality, but the arrogance to imply that unless someone holds many millions of shares your view is worthless.
However you rationalise things it’s a well known fact that most of the time lowly Pi’s doesn’t come out on top when there is big money to be made and quite and often gets pushed out.
Aim is a stacked deck and all we can do is try and hold our nerve. The problem comes when someone or group accumulates enough shares to pull the strings.
No Ace, been here too long to throw my hand in, plus I’m stubborn.
I would feel much more comfortable with a rising share price given the company’s growth.
No doubt we all have shares in our portfolio which we feel are way undervalued and have been like that for years. I hope we all get rewarded for our patience rather than it stagnating or being robbed by the big boys.
It was NCM that chose to delay the MRE, FS and DTM. As we are currently an exploration company then NCM can’t object if we elect to do our own, especially as it’s material to our growth and funding requirements. However we have no control over the FS and DTM.
I’m sure GGP have their own reasons for agreeing to delay.
I’m at a total loss to understand people being happy with the declining share price other than shorters. Our share price gets hammered due to delays by NCM and we should somehow be thankful!
At this price we are low hanging fruit, ripe for the picking, which is no doubt why the share is suppressed and why the chat board has so may trouble makers.
Totally agree Tig, why do we have the 6 weekly drill results if they are not periodically converted into a resource update.
Let’s not forget SD saying last year that if NCM don’t release one early 2023 we could do our own, then completely changed his position on that.
People on here took that to mean we were likely to buy Telfer and didn’t want to bump the price up, subsequently Newmont said they will assess all projects at some point in the future. So from that there is no point not releasing a resource update.
Think you’ve hit the nail on the head Bamps, we potentially run any project and they collect their share with less responsibility. Add to that what you said earlier that they are offloading projects that are further away, which then has potential to be processed at Telfer down the line.
Further more Rio hasn’t exactly got a good reputation in regards to the locals after blowing up that historic site.
Could well be a win win for all concerned, including Newcrest/Newmont assuming they don’t sell Telfer.
Indeed, there are three camps on here, blatant de-rampers, realists and rampers. The first two are conveniently pushed together to drown out, leaving the rampers free reign.
Just think for a minute, for every de-ramper there are just as many of the opposite. Always beware of people telling you nothing can go wrong, which is every bit as bad as the doomsayers. Everyone should be open minded and listen to all views and laugh off the ones you disagree with rather than threatening them with the green bin.
I sit somewhere in the middle and say what I see, so I’m probably cast as a troublemaker.
Whatever our take is on recent events, it’s important questions are asked rather than giving blind faith. Personally I reserve judgment until I see more meat on the bone in regard to the new funding.
The company is far from the tiny explorer I invested in January 2018 and most is down to Shaun and whatever your view of him, he deserves credit for the transformation.
Not a good argument Sureasblazes, since the share hit record high under GH management. All the positives you speak of hasn’t been realised in the share price up to now.
However, that’s not to say it won’t at some point in the future.
I totally agree James, it’s not GGP’s fault and up to now we have no idea what the cash is for so have to put our faith in SD. I like many have been here for years and all I want is a steady rise to reward us, we are currently being rinsed by powerful entities at present and think it’s high time the BOD started fighting back instead of ignoring the share price. We need the Resource upgrade we were promised to show the market and try and put a floor on the price.
It’s exciting to see the company grow, but also it’s important not to go to fast or we could be diluted to oblivion before seeing any rewards.
How anyone can describe yesterday as a non event is beyond me. The company was forced to put out an RNS in response to leaked info causing a 10% drop.
It’s a given the shorters will now use uncertainty to push the share price further down. They now have a safety net and can’t lose, since any funds raised will have to be at a discount.
One interesting observation is how fickle some people are on here, I remember a time when most thought GH could walk on water, yet when SD took over and GH left he was relegated to demon status. Now SD has been elevated to the same position as his predecessor, until he is then replaced and likely assumes demon status. The wheel keeps on turning.
It’s worth remembering without GH there would probably be no SD. Both were instrumental in where we are today.
This all stinks to high heaven, GGP has been tight as a drum in regard to news flow, understandably given it’s a small tight team. This leak has to have come from us, with the only other possibility being a bank which is very unlikely. The withholding of the Resource update together with FS and DTM has damaged and suppressed the share price. All three pieces of news have the possibility to greatly improve our price, yet we are now considering raising cash literally a few months before news is released.
Are GGP shareholders being pushed aside for new ASX insto’s?
What’s worse is that the initiative has been handed to the shorters yet again.
Pernickety, I don’t think either party is going to pull the wool over each others eyes, they both have access to the same information. If however Newmont chose to make a move on us then a higher or rising share price would be favourable in my eyes rather than our current static price.
L-A, wasn’t having a dig at Bamps, in fact I agree with him, especially in regard to most of us getting carried away and then disappointed with the previous two updates.
My point is aimed more at the company not informing the market of the so called organic growth taking place. I don’t think it unreasonable to show us the growth as it’s clear our partners have no interest, for reasons unknown. I’m sure SD has his reasons and that they’re justifiable, but non the less I would like to see a resource update given the constant attack on our share price.