Member Info for antigua18

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.

Jerry, I take from that it’s Ok for the the majority of us on here to be pushed aside in favour of the insto’s and the big boys.

GGP is being turned into a religion for some that won’t allow any criticism.

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.

Culpepper, that wouldn’t set a very good example as you’re basically saying the share price won’t reach 25p any time soon.

On balance history shows us GGP will give a discount. Can’t see any into’s looking to pay a premium for something they can pick up cheaper on the market. Unless they are shown inside information.

Tymers, I can assure you I have bought at many of those buying times you speak of in the past, only to see it drop further. Which hardly make me a trader!

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.

Whether Newmont wants to sell Hav or not we should bring out our own resource update. We need it desperately as it’s been delayed up to now. It will have zero impact on any valuations as both companies know results far ahead of us and the price will be the price, based on all info to date. It’s business as usual for GGP and we shouldn’t get caught up in the sale of NCM as we have no control of any of it.

I have difficulty understanding how all the talk of Hav doubling in size since the last cut off and a fraction of a fraction of the ore body currently being used and yet being told not to expect too much on the next update. Which is why we need this update! The FS and DTM are largely out of our control, but a resource update is.

The only way any of this works for me is if we own the parent company! I’m not interested in being pushed aside after waiting all these years!
Not that we know the structure at this time, so it’s a waiting game for confirmation.

You have to question the motives behind the article, we can all choose a point of view which best relates to our argument. Whatever the definition we can be sure we own the company. It’s our vote that is required for a sale or our shares if trying to take a controlling stake. Agreed it doesn’t give us automatic right to wander into the head office and do as we please, unless of co**** I have a controlling stake in which I can do as I please, in which I would be called the owner!

Shareholders own the company full stop. Owners of share certificates are on the company register, where as nominees aren’t and instead grouped under brokers nominees accounts. The problem being the latter are sometimes disadvantaged due to the fact companies are not required to deal direct with those shareholders, this leaves the brokers with the power as to whether they pass the right to votes and such like.
That’s not to say shareholders have have sole right, since they fall behind creditors and such like if a company was to cease trading. Also shareholders delegate the BOD to run the company on their behalf.
Still, it’s the shareholders that own the company.