Member Info for AutumnLeaves

Not sure if other bullion dealers are running low and finding it hard to replace stock, but BBP are running 7-8 delays on processing orders due to record high demand. The 'silent majority' are busy buying up what they can to gain exposure to metals, and that includes shares in 'producing' mining companies in relatively safe jurisdictions. GGP and other companies are raking it in with massive windfalls for no extra effort due to the current price of the metals that they process and sell.

Silver has a long way to go (in my opinion) and I think a squeeze will happen causing a significant rerate in the price. It's simply way too cheap for the amount of demand, just a shame we have to pay VAT on new coins/bars here in the UK. The price for second hand coins isn't much below buying new, so once again the punter gets the short end of the stick.

https://www.bullionbypost.co.uk/

Alfiecallas

Here is the RNS detailing all the terms of GGP's JV with a junior explorer:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03038976-6A1304131&v=undefined

It's exactly in line with their strategy to establish a 'Hub & Spoke' in the Paterson and use Telfer as the base to process all ore within the region. It's also a clear indication of what is 'likely' to happen to WSBN if they uncover a commercially viable find.

Cheers

Snorkler

Based on initial mapping and what is in the public domain (and explained by Bamps), I believe the WDD will be a mine within a mine and effectively make us a 3 asset company (the current Telfer production zones, Hav, and WDD). Apart from that, I can only see massive increases to reserves due to the drilling results to date and the low hanging fruit extensions in multiple zones within Telfer.

The huge increase in the price of gold brings previously uneconomical ores into play which will add to reserves/resources or whatever label they wish to attach to the soil yet to be dug up. With these little 'side hustles' giving funds to junior explorers to scratch about around Telfer, GGP is sitting pretty as the dominant player in a region the size of many small countries.

This is a Pension share that will keep growing as it swallows up all around it. GGP is a Basking Shark in an ocean of gold and it's VERY peckish!

Ezhik

GGP have recently given a junior explorer near Telfer $2 million to continue their exploration drilling on terms that ensure what (if anything) is found goes through the Telfer Plant. Anything discovered here will be of interest to GGP and if the geology is in the sweet spot GGP will probably offer funds to get the next drilling project underway. It's a win win and makes sense for both parties. Let's see what the next RNS says, the more data in the public domain, the more certainty for PIs on the sidelines. At this moment, it's literally a coin toss.

If we are 'on a fast decline now' then we should be at the top of the Haveiron Ore Body soon because we already had 80% drilled out ;)

Congrats.

The price to employ drilling teams in the area increases year on year. Telfer/Haveiron will be using most experienced drilling teams because GGP pay them accordingly and can afford them. If any strike of worth is discovered here it is so far underground it will need $billions of Australian Dollars to get to first gold sales. It's blatantly obvious that it will be bought out if/when something of commercial value is discovered, and it will be on GGP's terms.

If the WSBN directors try to play hardball, they will end up with a stranded asset because anything coming out of a mine that close to Telfer will be going to Telfer. To try and construct a brand new processing plant in the middle of nowhere in an inflationary market for ALL materials and labour required to do so is a fast track to bankruptcy.

I would expect either a Joint Venture heavily weighted to GGP, or a complete buy out of the asset after more proving up has been completed. GGP are now pushing towards being a major mining company, and have the cash flow to deploy to establish their already communicated 'Hub and Spoke' strategy. If this asset is independently proven to be commercial and of a long life it will be bought and everyone will be happy, but until then, it needs funds so placings will happen at a discount (and I imagine one is being forward sold as we speak).

Good Luck

Also, for those who (bizarrely) predicted a drop in the Silver market from this week, if they were short they are now officially boiling in the pot. I was picking up 1 oz new Britannias for circa £40 only a few months ago, nowIt's £105.00 and rising. Madness.

https://www.bullionbypost.co.uk/silver-coins/britannia-silver-ounce/1oz-silver-britannia-best-value/

Over 20 x 3868 share trades at the same price for £24k per trade. Looks like someone has broken down a much larger order to get them sold/bought. There's no way any entity with an open short position isn't closing frantically. If an MRE lands and/or positive drilling news they are cooked.

See what tomorrow brings.

Seeing as though so many channels on social platforms have been trying their best to talk about an impending crash in metals, that's a clear sign the opposite will happen. Any of those shorts that opened on GGP in the past month or so are now feeling a lot of pain and must either close out or post more cash to cover margins.

I would expect a lot of heavy delayed trades to be printed all week as positions get closed out and 'experts' get their P45s from various firms.

Looking forward to news about the West Dome Deep and updated Reserves. There's no way Shaun isn't looking at buying up other assets with all this free cash flow. We should be able to fund our own developments and add value with more M&A in the local area with gold at these levels. There's plenty of explorers who would be happy to sell stakes for some drilling funds.

Good luck, maybe we'll be receiving offers from the big fish for our own assets soon, because within 2-3 years we'll be swimming right alongside them.

Morning all

Brilliant results! The (supposed) kick to production never materialised, and we remain on track to be near the top end of guidance and possibly even surpass it by year end. There's still around 200 tonnes of copper and over 14k ounces of gold that was produced and not yet sold, so that starts off the 2026 calendar year with a massive profit based on the current gold price.

I can see a few deals being looked at by GGP, because having that much cash flow means we are in a strong position to pick up other assets without compromising our own developments in and around Telfer and Haveiron.

So many funds will want in here, and the GDX is due a reshuffle soon so demand will be constant. We are an AIM company outstripping FTSE100 firms for growth and profitability, so as much as we've been told the company are happy with the AIM structure for now, I can't see that lasting.

Whatever targets we all have for investing here, I'm sure they are now a lot closer based on the performance of the CEO and his team.

Good Luck all.

As one of the 'reads and doesn't post' people, so many have missed the point of what Bamps said. I don't care if he sells his shares, he's free to do so, but he is a poster with credibility who people like me listen to. He has significant knowledge of geology and often explains in simple terms what GGP put out in RNS form. Over the weekend, a poster who states that he doesn't discuss share dealings or recommendations went full 180 as soon as the market opened. He clearly stated 'this isn't the time to sell' in a post to another user over the weekend, and then used a RUMOUR on a social media site to justify selling shares in an undervalued company he often champions.

He's a GREAT poster who others have respect for (myself included and I still do) but what he did 'implied' he had inside information that GGP would miss their target by HALF and mentioned 45k ounces. After what happened last time when the price collapsed on revised guidance, what on earth did he think would happen? It caused concern and rightly so, investors get burned every day on this market, so naturally people would've top sliced themselves when they weren't planning to just in case it was true (I did).

And just before the idiots start calling me a 'bed wetter' etc, I have experience of being left holding the bag when bad news drops, and in most cases on AIM it never recovers. This share is different as It's now a mature production company but the point still stands. Instead of arguing on here, I decided to contact the company and set up an account to give you FACTS not rumours, here is the response from GGP:

'We are aware of rumours circulating on UK chat forums regarding operational downtime this quarter. We can’t comment on those rumours, however, we would note that:

1. We reaffirmed our FY26 production guidance of 260,000 – 310,000 ounces at AISC of $2,400 - $2,800/oz recently, on 1 December 2025 (in the Havieron Feasibility Study announcement); and

2. If there were an operational matter that impacted our ability to achieve that guidance, then we would be required to make an announcement, which we have not.

So there you have it, no revised guidance, no need to worry over RUMOURS. Bamps, your input is appreciated and I only read this board to see your posts. I don't believe there was malice in your post so hopefully you keep posting. But as you can see, your knowledge 'implies' that your information is credible based on your posting history, people listen to you, that's all I wanted to say. Merry Christmas to Bamps and all on here. We have a great company, all the best for 2026.