Member Info for AutumnLeaves

Doublehun

GGP is unique, It's an AIM start up that had to find gold and ended up reverse taking an asset off a major. ASOS is a company with debt and risk and other than ballooning in value It's up and down as much as the cheap undercrackers it sells to low income customers. More parcels are sent back to ASOS than any other company I've ever seen (I worked part time and some weekends in a Royal Mail centre for a few years). GGP will have production of a high value asset for generations, gold/copper and other metals such as tungsten will always have a value and we have tons of the stuff.

GGP is a £4-5 billion valued company in its first full year of operating as a debt free 100% owner of its own mill and mine(s), let's just see where we are in less than 3 years when we add Havieron's ore to the mix. ASOS is an example of unfounded hype with a current entire company value of circa £335 million which is less than half a year's revenue from Telfer. GGP is as solid as the Gold it sells and we are a week away from being even more solid once the reserves update lands.

Another company may well surpass us in future, I just don't see it based on the projections for Havieron and the as yet untapped resources on our licences. My main point is that we will become a major and unless we are bought out we will stay that way, I don't see another AIM company producing over $1 billion per year debt free mate.

LeeRex

Well done mate, I was happy just to get one :)

As for GGP moving back lower again, we were a £5 billion company less than 2 weeks ago, we are now valued around £640 million less when gold drops $200 ish (US dollars not pounds). In around a week to 10 days we will have a significant upgrade to our official reserves with information around mining plans and what areas of Telfer will be explored next. This cannot be viewed as a trading share because GGP's future is secured for generations. We aren't waiting for assay results from random drills to see if we have something to mine, we already have mines within mines all over our current Telfer licence area.

I bought a few weeks back at £6.56, we're back around that level now and it makes no difference to how I feel about this stock. This is a Unicorn, I doubt we'll EVER see another AIM share do what GGP has done, and that's before we add Havieron into the mix. Incredible place to park some money.

Roll on the update!

Howdy

Just an FYI, bullionbypost have a 15% off deal on second hand 1 oz silver maples. Just grabbed one for £55.20 so if anyone is collecting silver coins there's some deals on second hand coins available.

I keep all my Gold underground in this place called Telfer in Australia so I don't need to buy any coins :)

Timber was referring to the main news which is the updated reserves due to be released before the end of June. The quarterlies will be released by the end of July. Any trading day between now and the end of the month could be the day an RNS lands informing us that we have more extractable gold/copper than we officially have today. We might also have O' Callaghans tungsten ore included which will help give an idea of the potential in ground value. Major works will be starting at Havieron once the final environmental approvals have been issued and that will kick start more newsflow as the project progresses.

Telfer is being drilled to the max as we speak and new areas are being explored so newsflow will be coming thick and fast for the remainder of the year.

M&A deals aside, I expect more RNS reports in the second half of this year. Happy days.

Morning, there's a lot more room for this share to move much higher based on what we are churning out currently. Naturally the pricing is supposed to take into account future growth, but even with Telfer's ounces and the expansion opportunities we have around the West Dome alone we appear undervalued. Each extension is effectively a new asset, it just so happens to be located in the same place as our monster processing plant, so any finds in and around Telfer are considerably more profitable than striking Gold in a far away isolated area with no infrastructure.

I see dividends being sooner rather than later (I'm not getting into the endless dividend arguments, I love them, others don't, whatever tickles your pickle so each to their own so I'll leave it there). If/when we see capital returns in whatever form, it makes GGP more attractive to institutional funds not less attractive. We already know bank cash will be used to bring Havieron to production so there's lots of room to make full use of our cash in M&A deals and capital returns.

The mood change in the financial press is completely positive on GGP, they know scratch all about the future just like the rest of us but people read, believe and follow in all walks of life, so plenty of fresh eyes are on our company at present based on reading numerous articles in the financial press.

Rosy future here and we are just getting started. Let's hope this is one of the few AIM companies that actually makes it (I would argue we already have but there's so much more potential here). Good Luck all.

Morning

I hope you all had a good weekend, how lucky were we being able to grab bargain shares last week. I didn't have any spare cash to get any when it dropped to £6.00 and a smidge below, but I'm more than happy to have grabbed 90 shares at around £6.56. We are now in the last half of the month and there's at least one RNS expected that is 'likely' to be very positive for our company.

Whether the market does or does not attach the warranted value to any major increases in our reserves is yet to be seen, however, this past week should focus the minds that GGP is set up for generations and any drops are bought into heavily. I had no qualms topping up during the 'we're all going to die' narrative because I've conditioned myself that this may sit on AIM, but it is a FTSE100 level company and we haven't even started the main course yet (Havieron).

Roll on the Ore Reserve!

In regards to the dystopian future of a planet that adds $trillions of value to a valueless company (spacex), what goes up, doesn't exist. Gravity will out.

Have a good weekend all, roll on the end of June.

You're very welcome Charlie, hopefully all shareholders who stay the course achieve financial success here.

Take Care.

Lots of groups still want exposure here and the only way they get it is when the price drops and people panic sell. We have already been told that an updated MRE is less than 2 weeks away, and we have also previously seen rapid rises when GGP make strategic decisions regardless of whether gold is going up or down (listing on the ASX etc). Based on this, selling into a falling market is always risky on solid stocks that recover quickly like GGP.

I bought last week at around £6.56 but had no spare cash to take advantage yesterday. This supposed 'price crash' in something that is still WAY above the forecasts of many media outlets from a mere 18 months ago ($4k USD per ounce is brilliant for GGP), should give holders comfort that we are still in a very favourable price environment for what we sell. It's hard to keep perspective when all you hear is noise, but let's see how the 'efficient' market reacts when we substantially increase our booked ounces of gold & copper.

Have a goodun

We are nearly half way through June which means at some point in July we will have our quarterly production update which will add a lot more cash to our bank balance. The pog has dropped but it is still VERY high for a producer with copper credits and the amount of ounces we are selling. Copper prices have been at record highs during this quarter at one point or another, and as I mentioned in my last post we have a detailed MRE update arriving within 2 weeks from now.

Telfer has now been proven to have many more years of production ahead of it, and even if Shaun stopped all mining and exploration we have enough previously mined low grade ore to feed through the mill for approximately 18 months. It is no secret that the top mining companies are scratching around looking to join forces because their own institutional shareholder bases are getting restless at the dwindling production and higher costs. We are literally a unicorn in this sector, we are effectively debt free (but will use bank cash to fund Havieron which is sensible), our ounces per annum is increasing not decreasing like many of our competitors, we are finding further extensions and opportunities in and around Telfer, and we will have a brand new multi-generational mine onstream in 3 years or so.

Set aside any other M&A deals we may strike with the mountain of cash we have, this company is secured and profitable for at least 25 years. If Shaun decided to stop everything other than exploring and processing ore from Telfer & Havieron, we would have multi-billions in profits to distribute as cash in the form of a dividend each quarter (obviously that is very unlikely but I'm just making a point that he has that option).

GGP will remain profitable when most other gold miners are making losses, if you treat this as you do a pension and accept you don't need to access it for a few years you will 'probably' be very glad you waited. It's very easy to get sidetracked by 'news', but one man's news is another man's propaganda, I try to keep my eyes on the fundamentals so I buy when it drops and look forward to reaping the future rewards.

Take Care

Hello All

We are now in June, which means by the end of this month GGP will release an upgrade to the known reserves previously communicated via RNS. In a maximum of 3 trading weeks the ounces of gold equivalent we have will be much higher than what we 'officially' have today. The recent infill drilling at shorter distances is beyond industry standard and will add copius amounts of valuable data that will inform a robust MRE to JORC standard and then some.

The recent deals acquiring % stakes in junior companies operating in the area gives us significant upside if/when their drilling teams discover new commercial ore bodies. Any ore will be trucked to Telfer and find a willing conveyor with plenty of room to turn it from rock to Australian dollars. We have a 'world class' high grade Tungsten asset a few miles down the road with more eyes on it than a stripper at a Stag Do. Official permission to commence major works at one of the best untapped mines on planet earth has been granted barring a couple of formalities. That in turn will effectively double our already industry leading production in less than 3 years from now, with the added bonus that our supposed dead dog (Telfer) seems to be shaking off his fleas and getting Crufts ready with Tier 1 results from exploration drilling in close proximity to his dinner bowl.

A considerable amount of new money has turned up, and very recently, someone paid £7.94 per share for £5 million worth of GGP stock. No matter what happens in the world, there will always be buyers for what we sell. Gold is the first choice for many when they are infected by irrational fear (financial mask wearers), and copper is used in pretty much anything electrical from toasters to aircraft carriers. This company has proven itself to be both competent and innovative, Shaun has resurrected Telfer in less than a year of acquisition, got the green light for Havieron which we now own 100% of, and will soon pretty much treble our reserves and resources from what we had less than 2 years ago (Havieron will be WAY bigger than the numbers we are seeing now in my opinion).

If you can feel comfortable holding shares anywhere other than GGP for future growth and stability combined, good luck to you. I'll stick around here.

Opened a Barclays ISA to test it out with a small amount just to see what it was like to use and I've had nothing but trouble. The account hub page when you get the account open is poorly laid out and unclear. I moved from page to page as a new user attempting to get familiar with where the information was etc and it crashed a number of times. The transfer request kept asking to tick boxes that were irrelevant such as foreign exchange fees info etc and it was basically a pain from start to finish. I was on the phone for over an hour passing through 3 departments who all asked the same security questions after I pressed the exact same options on the automated recording. I've now cancelled the account, asked for my tester cash to be returned and the transfer cancelled.

My money will apparently be back 'next week' and I may/may not receive confirmation that the transfer has been stopped at some point, but I have to call HL and ask them to stop it because Barclays apparently can't do this (but they can take your money in seconds and hold it for 3-5 days). Apart from the fella on the phone being very helpful and sound, he spent 40 minutes trying to log me back in but apparently 'this page doesn't exist' every time I put in my security details. The best things in life may be free, but I think I'll stay at HL and pay their fees knowing I can buy/sell when I choose.

Your experience may differ, but there's no way I'm trusting that website, fail.

If others such as Hargreaves Lansdown don't follow suit, they will (and should) lose even more clients because their fees are now looking ridiculous.

Agreed, Tungsten metallurgy is seen as difficult however O'Callaghans is already 3 steps above a lot of other deposits so needs less refining. Naturally I'm far from an expert on mining but from all the interviews, presentations, and basic research into what companies look for when eyeing up Tungsten, GGP have a very attractive asset due to both jurisdiction and the quality of the raw material. Based on the scarcity of viable Tungsten assets outside of Chinese control, where else in the world are western governments and companies going to acquire raw material to make investment grade saleable Tungsten?

Apart from an asset or two in Canada already in the hands of majors, we are literally the next best Tungsten play in town. In my view the challenges of difficult mining and refining will be offset by the scarcity factor. It might simply be wishful thinking on my part but I believe we will all be shocked at how much we are offered when the time comes. Tungsten has the highest melting point of any metal on earth which means it can't be substituted in some of the products It's used in (military/aerospace). It's high on the critical minerals list for a reason, It's in demand. Whether It's an outright sale or some form of Farm In Farm Out Joint Venture, Shaun holds a lot of the best cards and I'm sure he'll play them in the right way at the right time.

We shall see.

Cheers Timber

That's great news, it looks as though a maiden MRE could be announced soon which will trigger other payments to GGP if it's over the 500k ounce equivalent hurdle. If they win, we win, which is exactly how I expect our strategy to play out around Telfer using the hub and spoke model. Here's a snippet from their CEO:

"We are delighted to have a new phase of drilling underway at the Firetower Project, with the goal of rapidly advancing the high-grade gold-tungsten-cobalt mineralisation towards a maiden Mineral Resource Estimate… This drilling has the potential to significantly expand the scale of the mineralised system." — Neil Marston, Managing Director & CEO

More good news.

Great news, I always expected that we would draw down on those loans because so much time was spent arranging them with multiple banks. I had hoped we would fund it from Telfer revenue, but keeping a good relationship with the banks sets us up for future opportunities when we might need their support. Shaun knows exactly what he is doing considering his financial background and now we have $500 million secured which means our $1.2 billion (and rising) can be used for other purposes such as buying other assets/companies etc.

We've already seen GGP taking small slices of other assets and we have the cash to provide exploration funds to companies operating around Telfer. I would like to think we will hear more about joint ventures and other M&A activity because it simply makes sense to have a stake in any projects within trucking distance of Telfer. We also have a world class Tungsten asset which is very difficult to estimate the worth of, but I'm sure It's worth far more than what we paid for the entire Telfer and Havieron assets. Time will tell.

Laura

It's actually my second post on here but naturally facts aren't your strong point. Thank you for filtering me, saves me from responding to you again.

If someone offers 1.85p to sell 600k soon to be worthless shares, that looks like a good deal to me. This company is bankrupt, it will be reverse taken over by some other new AIM start up of spivs spinning pipedreams (literally), and the PR posters will continue to beat the drum for the architects of investor destruction right up until there's nothing left but ashes. There is no multi-bag positive outcome possible here, what is gone is gone, and all that's left is for the cretins who orchestrated the mess to get as much shareholder money out of SOU before they sail off to the board of another AIM front company.

There are no positives here, apart from the positive delusion of some posters thinking management care in any way about the outcome for the people who kept the company trading, shareholders. Game Over.

Aidinandabettin

Thanks mate, it seems the globalist method of making it too difficult and expensive for small businesses to thrive is at play in Australia presently. We are way down the line with permitting etc so this is actually excellent news for GGP, but terrible news for the smaller companies who are still in the exploration phase. I expect to see a lot more smaller companies drowning and well capitalised groups like GGP picking up the assets on the cheap from distressed sellers. On a personal level I despise the way this is happening, but on an investment level I'm glad I'm in GGP for the reasons stated above.

We will now see far more assets in far fewer hands, control is the order of the day.

Cheers mate.

Bamps,

No probs mate, if you ever decide to start a channel feel free to get in comms with me and I'll happily pass on some tips to make it easier etc. I'll also be 'helping' the economy in a beer garden later myself :)

Take care.