Member Info for avocet123

No, we will not re-rate. We have already re-rated 30% down yesterday, and that included the fact that GGP is now a producer.

Dont fool yourself or others.

The re-rate was yesterday.

As someone else posted, the current share price reflects what the market values GGP at including all most likely outcomes.

The markets are forward looking, so there is no reason to assume that GGP will be valued any higher than the 5.25p in the future.

If it was a forgone conclusion that GGP would be trading at 20p in the future, it would already be trading at 20p.

Lol GGP even older already had 100% of Hav.

So now we have Havieron back and are greatly benefitting from the massive dilution .

Its great when you investment is 70% down only to get back to where you started.

"Newmont are not stupid. Telfer is on its last legs and Havieron has aquifer issues to overcome to the start of the ore body. I’m sure Newmont are very pleased to be rid of both"

Spot on. They must be stupid to give away a world class asset in such a great deal for not so Greatland Gold.

"3 years they’ve been here!! speaks volumes to me"

And for 3 years the derampers were dead on.

I know you now wish you would have listened to them. You would not be sitting on a gigantic paper loss.

The truth is hard.

I recon this will hit 2.5p or lower.

I can hear people say, this will never get that low. Well few people thought SXX was going to crash from 36p to 3p, and they also had a "top class asset" in the ground.

Will definitely go below issue price. They always do.

The sp has collapsed today, so that tells us the hole story. Terrible deal. If it was food, sp would be up. End of story.

What is good is that GGP used to own 100% of Havieron, gave 70% of it away, and now gets the benefit of buying back the 70% it gave away with PI's hard earned cash.

Its a good deal, but not for PI's.

"I loaded up at that price too. Happy to hold for 10 years to be multiples of where we are now :)"

Word for word what all sirius minerals PI's kept saying.

Didnt work out very well for them.

Sirius minerals all over again. This will end in tears for PI's.

How can people say this is not a good deal. Its premium to the current share price. That by itself makes it better than what we currently have.

Either take the profit on offer, or be stuck at 120p like we have been. I know what I will vote for.

Totally agree Sticky.

You reap what you sow. And Britain did not sow much good in the world. Paying the price now, and nothing to show for it.

I wonder where are all the riches we should be enjoying now, from centuries of exploitation of others.

It's a lot better than the sp we were stuck at forever

I expected more excitement here.

Well done all here. Should be going up today

Because Santa rally

It will pass. I think markets will be record highs come xmas

I have doubled up at this price. Was 30% down, now averaged down to 15% down

Where is savage gone?

Too embarrassed to show his face here I think.