GGP new current value19 Aug 2022 09:59
Hi everyone
Please do not be despondent about the news we have it is very good for us in the medium to long term.
I am not sure who to credit for the information but I downloaded a good chart showing values to GGP shareholders.
I believe that the current value of shares should be worth approximately £0.24 per share for our 30% on the revised MRE of 5.5m tons
The basis of my assumption is made with the following calculations if my figures may be out I do apologise but I do not have a calculator that takes that many zeros.
I am not sure exactly have many shares there are now so some other clever person may be able to revise this calculation.
Exchange rate $ to £ 0.73
Outstanding shares 4,000,000,000 ???
Pov oz $ 1800 nearly
Aisc. $ 1000
Profit $ 800
I hope this helps everyone in making their decisions wisely
Gla and please DYOR