RE: Back in the game4 Mar 2026 09:19
Morning
When so many individuals and funds are looking for relative investment 'safety', they need a company operating in a region that isn't in a state of perma-tension. People will always get lucky and be in the right explorer at the right time when they find some sort of precious commodity half way up a mountain or deep in a jungle, but when it comes to longevity and stability, there aren't many countries that offer such protection for non majors. We have been both well manged (Shaun and his team), and lucky (metals prices and Newmont divesting), but for me, the main factor for what I expect to be significant growth is our location.
GGP owns the only operational processing plant in a barren region devoid of infrastructure. It is so far out in the scrubland that people need to fly in and out and camp up there similar to what offshore workers have to do. Australia is a mature mining jurisdiction with lots of investment in companies listed on their exchange by citizens and funds. We all know Havieron is going to produce for at least 15 years(ish) based off the current very conservative estimates, and time will tell but I would imagine it will double that timeframe as it expands with more drilling and technological advancements allowing more efficient ore analysis etc.
South America is rich in minerals but there isn't a single government there that I would consider 'reliable', so investment there carries additional political and social risk (nationalisations, protests, strikes etc). The winds change very quick for governments and countries, but Australia has a lot invested in quid pro quo mining so I expect more investment cash to be looking at parking up on the ASX which means GGP.
Roll on the MRE!
Millions of shares are needed to satisfy ASX100/GDX inclusion, that means mine will be worth more when all is said and done by March 31st.