focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Ive been in here too long and been share struck ,you know the time is right to sell when play is getting out of hand , sxx ,was in a very similar position, minnow miner now being controlled by larger company ,I’m totally now out ,I need this too settle ,there’s plenty of time to jump back in but at the moment I’ve no idea of our direction, I’ll be watching for a more stable situation to arise before anymore involvement, good luck to you all .
The one positive is we still own 30% of hav , that hasn’t changed yet , if more funding is possibly needed, maybe newmont have banded about a possible 50/50 in hav, so we’ll need funding for the extra 20% ,plus extra costs . Something has obviously been put to GGP ,which obviously they’re exploring, it should not be made public ,rumours are nothing but rumours, but now we know ,more than rumours, hopefully SD and crew can negotiate a good deal ,I think many ,if not all GGP shareholders were shocked, I was , dust has settled and we can all make a decision, stay or go , we’re no worse off than 5 months ago ,we could be in for some more surprises?
I don’t think SD has done this on purpose, I bet his phone has been red hot today ,it was I presume an error. ,or pushed into this announcement due to a newmont offer ?, I’m expecting a better worded RNS very soon ?
This is like your goal keeper scoring 10 own goals ,it’s a major disaster, self induced , the worst SP crash in GGP history, over a 4 hour period ? ,beyond staggering, I’ve never witnessed such self imposed destruction, the shorters must think it’s Christmas day ,those who say it’s no big deal ,don’t live in the real world, even UKOG don’t announce placing before an RNS .
OPTIONS BEING DISCUSSED IS FINE ,BUT DONT BROADCAST THEM .THERE IS NO GAIN IN IT ,ONLY A LOSE ,LOSE SITUATION, this is written in capitals as I’m furious with this irresponsible attitude of board members, or did SD do it off his own back ,we are now closeer to NEWMONT buying us on the cheap ,I can imagine someone at newmont saying, “how do we get this cheaper “ ,(GGP ) ,we’ll announce a possible placing , we are owed an apology from someone .
To say you might do a placing, is possibly the most irresponsible RNS I’ve ever heard from a CEO , I can’t fathom why you would intentionally crash the SP ,which with that comment certainly did , and of course it was going to crash with that comment, either it was made through desperation? ,I’ve no idea , now a placing will be below 7p , if executed, placing are kept quiet, for a very good reason, it crashes the SP ,I’m lost for words and nearly sold out ,I haven’t, but anymore comments like this and I’m out .
IMO ,a large buyer was at work for the last two weeks, hence SP rise ,also due to the shorters taking a holiday, but all back to “normal “ today, buyer out ,shorters back in play ,IMO ,i expect this to drop over next week , they have control again .