Member Info for AutumnLeaves

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.

It's great that Bamps gives up his time to put on these presentations and I know others have input arranging the meets so I'm sure all those who attend very much appreciate it. If a livestream is out of the question, I have a suggestion that might be of interest to yourself Bamps for others who can't attend for whatever reason. A phone camera/go pro could be used on a stand near where you present from that captures yourself talking and the presentation screen.

I'm sure if you set up a YouTube channel people would subscribe and watch your videos. Yes it's a little bit of a faff but I myself have a channel (nothing to do with investing) and I film every video off a normal iPhone and you'll be surprised how clear the picture is when it's uploaded. The microphone to clip on your shirt isn't expensive, and depending on how far away from the camera you are you might not even need one because the microphone on the iPhone picks up sound very well. I have a brand new mic I don't use so you can have that if you want, it's yours for free if you need it because I don't use mics when I film.

It's just a thought mate, and naturally I'll understand if it isn't something you'd be interested in, but if someone who regularly attends your presentations is clued up on social media they might be interested in sorting a channel out for you and filming etc. If you do like the sound of it and need any help setting up a channel, let me know and I'll send an email to help get you started (it's very easy to start).

Regardless, keep up the good work mate, we all appreciate it.

really sorry to see what's happened to shareholders here, i was in this big (relative to my income at the time) when james parsons held numerous investor meets in s****y london addresses. he literally said to one small group gathered around after the presentation that sound energy would pay off their mortgages once the tendrara drilling results come in. they showed graphics of flaring going on in the desert 'implying' that gas was present and they were just sorting out the data before releasing the plan to market. for those around in those days, you'll remember the stupid pr jolly on the thames boat and lots of promises of company sales and riches to come. the reality turned out to be far from what was 'implied'.

for what it's worth, and without mentioning other companies, i would urge any younger/newer investors to completely avoid these pr lifestyle companies, the odds of actually buying in when the price runs up are slim to none in all but a few companies. nobody can tell the actual odds but all in all if you put £10k into an aim company in its infancy with all the pr going on, you'll lose £9.9k of it if you don't take profit when it's available. you will see the boards of these companies flooded with talk of rockets, to the moon, be in it to win it, wouldn't want to be out of this over the weekend, this placing is history now, buying opportunity, fully funded, rumours of a takeover etc, if you see any of this and you're in profit, take it and wait for the inevitable crash.

someone will always use the one or two lucky stocks that went big and everyone made money at that particular moment in time, but that mountain is littered with thousands of corpses who got wiped out on the way up and funnily enough they can't shout from the mountain top (survivorship bias). we all like an exciting gamble, but the sooner you accept that aim investing is actually gambling, the sooner you 'should' realise that you would be best to severely restrict the amount of money you put in. sometimes the best way to get rich is slowly, drip a small amount each month into something that produces and sells a product and has willing buyers in all markets. gamble if you must on these aim stocks but honestly, unless you're very lucky, you will nearly always lose far more than you win.

those who stay invested get destroyed, those who take profit survive. if you're sat there gutted looking at losses, you can make them back, it will just take time, remember how you feel and don't ever say 'this is different' the next time you're in profit on an aim stock that isn't yet selling anything, it can and will happen again. good luck all.

Morning, yep, another box ticked and we'll get confirmation of FiD before the end of next month which is now a formality. If Telfer maintains its 310k ounces per year or thereabouts (I think it will rise at some point based on the new data around WDU etc), we will be producing around 580-600k ounces per year once Havieron is in full flow. The even better news is that once Havieron ore lands at Telfer, the AISC for the combined operation drops significantly. The extra Brucie Bonus is that the grades from the ongoing West Dome exploration are higher grade and in some cases better than Havieron, naturally this is all initial drilling but it certainly bodes well for further AISC improvements over time.

Lots of news to come and every MRE adds ounces to our reserves. GGP is still growing while some other larger companies are shrinking unless they buy out other assets/companies, there aren't many world class gold/copper assets close to production and we have two (Hav/WDU). More than happy to hold and wait it out here, what a potential future we have.

Night-in-gale/Paddy

Thanks for the information and well spotted, this is great news and yet another 'risk' completely removed which means work can start getting more gold/copper out of the ground and onto the Telfer trains. Happy Days.

Nice one Bamps, I knew/know nothing about pit shell economics so I had a little read up on it to get a better idea of what West Dome's open pit could possibly reveal in time. This article was helpful so if anyone wants to see what parameters are included when optimising pit shells, have a look at this:

https://kuchling.com/24-pit-optimization-how-i-view-it/

Regardless of the minor fluctuations in the price of gold that we've witnessed recently (a few hundred dollars up and down), the West Dome is going to be producing for many more years to come. If the price of gold continues to climb, more areas that are currently uneconomic may very well become new targets for mining, that in turn will increase our reserves and we will see more and more of Telfer become profitable.

If we find that Pinnacles stretches back towards the current mining area with similar grades to that exceptional first hole, we could very well be sitting on a mine within a mine within a mine. The geologists and mining teams are doing a great job here, I'm staggered that Newcrest/Newmont couldn't be bothered to spend more time studying Telfer, madness, however their loss is our gain so roll on the next set of drilling results!

Scorching Bank Holiday out there, have a goodun all.

If all gold companies followed gold then they would all be down by a considerable margin in line with the drop here from a 5 million buy at £7.94 down to under £6.60 in a matter of days. This nonsense that our price is linked to Gold and nothing else is just that, complete nonsense. Why is one of my other Gold producers UP over the past 2 days with no news? (MTL) If GGP has been dropped so much when it is the only company with ZERO debt, stockpiles at surface to last 18 months even if we stopped all mining, puts in place to protect against a drop in the price of Gold, and growing production each quarter, then all Gold companies should be down way more than GGP but they aren't.

As we know, there are very few companies with near term world class assets due to be online in the next 2-3 years, we have Havieron and an ever expanding Telfer before we even begin to discuss our options for monetising O' Callaghans which I suspect will be sooner rather than later. These shares are in demand, there's only two ways to get them, run the price up, or crash the price down, and as always, the preferred method is down because it works so well when people are conditioned by fear (False Evidence Appearing Real).

They never do this around end of the month payday (surprise surprise) so well done to those able to take advantage.

Ricky21

OTC = Over The Counter. Just a term for trading prices visible before a market opens in this case, but historically it's trading that isn't declared live and done between 2 parties without the need for a listed exchange. Like pink sheets in the US market, traded 'over the counter' there and then etc.

Bobrad

Next resource update to include more of this year's drilling results etc is scheduled for the June Quarter so anytime up until the last working day of June 2026. Like most of the updates, I wouldn't expect anything until the final week of June mate.

And GGP sit well within these metrics:

'Risk-adjusted NPV exceeding US$1 billion at the Decision-to-Build Stage places these deposits among the most valuable mining assets globally. This threshold ensures only exceptional projects achieve Tier 1 status.

The average estimated value of approximately US$2 billion reflects the substantial scale of these operations and their significance to corporate portfolios.

Consistent annual revenues of $200-600 million (depending on commodity price trends) generate substantial free cash flow throughout market cycles.

Position in the bottom quartile of the cost curve ensures profitability even when commodity prices fall significantly below long-term averages.

Profitability during adverse market conditions demonstrates resilience against external shocks, protecting investors during downturns.

Substantial scale and high-quality resources provide operational flexibility and efficiency advantages over smaller deposits.

Significant expansion potential allows these projects to grow over time, often evolving into mining districts rather than isolated operations.'

The point of my post was to show that we are at the top table, we beat all of our peers for sales recently, and unlike other companies we have no debt. Telfer alone is outperforming other assets held by majors, in my view, and based on the above metrics, we are Tier 1.

Zoros

We were ranked FIRST in production from all companies listed on ASX in one of the previous quarters. We will produce around 310k ounces of gold equivalent from this full year (probably more), no matter how you dress it up, that is tier 1 by a company with ZERO debt. The rest is semantics, our production continues to grow quarter on quarter and we have an entire brand new mine still to come onstream down the road, and another mine called the WDU that is growing day by day.

Tier 1 mate.

Morning

Lots of additional data to look through in the past few RNS reports, and thanks again to Bamps and Paddy for putting it in pictorial form for ease of understanding. Whatever nonsense gets pushed by the media to keep the hard of thinking distracted and in a state of perma-panic, the fact remains that GGP are pulling out Tier 1 levels of gold/copper every quarter, and barring an earthquake or a meteor strike, the Paterson will continue to give up its riches for generations and we own a lot of it.

The lower it goes, the more shares that will be bought, there are still institutions taking slices here so more and more of these shares are going in portfolios for safe keeping and removed from trading (apart from potentially being lent out for a fee). The recent drill result from that one hole shows that we are capable of adding more to the reserves with all this exploration, I'm looking forward to seeing the reserves increasing after every round of drilling.

Have a good week, and if a meteor does strike, it'll probably land near Telfer and be 80% gold so we'll be sound.

As expected by many, Telfer continues to bear fruit as it expands from the main working areas. To find such a high grade zone at nearly 60 metres in our first drill hole is beyond exceptional. It's highly unlikely that this is an anomaly and the infill drilling from the current WDU down to this intercept will prove up more ounces no doubt. This asset and the surrounding area will give up many more ounces of gold as the team expands drilling, and all the other junior companies scratching about in the vicinity will be encouraged by this and hopefully discover a new deposit somewhere.

Anything that gets discovered around Telfer belongs to Telfer because It's inevitable that the ore will end up on that train one way or another. Whether the market 'choose' to ignore this massive catalyst for our company (yet further evidence that Telfer will produce for many more years) remains to be seen, but based on all the news coming out about the longevity of the asset, people will be buying up shares regardless.

Well done to the Geologists and exploration team, hat's off to you.