The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Having listened to the interview it looks very positive that a deal will be done and a dividend will be paid out. Some posters have questioned his integrity. Surely you cannot come on screen and say what he has said, not to have a deal behind him. Is this share worth investing at 2.5 or below?
It is very clear that something is building up and news will be released at short notice. The time that GGP have now had to discuss options with external stakeholders would suggest a coordinated release of information. This must be due soon. Very little information has been released since the AGM. Feb 19 will be the start of some very promising news. Good luck !
Investors have 76 minutes to get into GGP before 7:0AM Monday. I was in this time last year and was over exposed. I am in now and feel very confident that GGP will continue to rise rapidly. I am in for the long term. After asking detailed questions at the AGM, we have a world class discovery that will bring in the big boys! Good luck.
Results likely to be released on 7 or 14 Jan 19. You would not want to be out of GGP one of these weekends. At the AGM, both the Chairman and CEO indicated that Greatland was significantly undervalued. They gave no indication at that time on a fair valuation. If a JV is announced in the next 16 weeks, then the SP has great potential.
GH did not write off GGP becoming a mining company in its own right. The board will be meeting in Jan 19 to discuss the strategic direction that should be taken. The Main Effort at present is confirmation of resource within the Paterson region. In military terms you could also identify Hav as the Centre of Gravity. If we lose this or it does not come up to expectations, then GGP will find it challenging to move forward. I get the feel that Hav is big. Majors will want a bit of the action and we are likely to see significant chunks of the shares swallowed up. I would not be surprised to see SP reach 2.4-2.8 in near future so that warrants can be exercised.
Interesting to hear GH discussing the merits of dual listing yesterday. He made it clear that GGP is basically an Australian Company run by Australians. Admin costs would increase due to this listing, however benefits of bringing on board more Australian investors. Not sure which strategic direction the board will take in this one.
I was there this morning. Was Mr Clive Latcham being confused as the Rio Boss? Mr Latcham informed me that he had meetings planned with Rio this afternoon to discuss a number of issues. He also went into detail with me regarding the size of this find. Not measured as ‘World Class’, however should be placed in the next level...... Major, Major find that will get the larger companies interest. GH, during meeting suggested that he was treating this as a longer term strategy. 5 Yr plan. However he wasn’t prepared to say whether this 5Yr plan started with a sale/JV/IPO in 2 weeks, 6 months or 2 years+