Member Info for bankboy

Thanks Bamps, your post nearly got lost here.

Great week for GGP, well done to Shaun and team for getting the dual listing done.

Yes, it will be a Japanese trading house - £8 to £10 within 12 months

Good luck all

Check FCA register, they have a few entities that are regulated.

Details of who to complain to are listed under their FCA register homepage and deep dive under Individuals tab if you require compliance oversight or CEO name etc

Good luck

I don’t think we will worry too much about the positive RNS’s that are released in OZ hours, as when our London market opens at 8am hopefully price is up.

Our slight concern will be if a negative RNS is released in Oz hours, we will be able to read the RNS on ASX and watch ASX trades going and perhaps a drift in share price and we have to sit on our hands till 8am London open.

As I say, let’s not lose any sleep, it’s a factor about ASX being the Primary listing.

Hey Boldicus, you raise a good point.

As our ASX listing is our Primary listing, then it’s likely that going forward RNS’s will be released in the OZ hours before London opens.

Let’s not lose any sleep over that point, though you are correct that if we get up early, we see the RNS but won’t be able to trade till 8am London time.

Many thanks Nardiles, interesting pod - appreciated .

HFG, 1063 posts -all GGP

It’s only fair people question your intentions

Anyway GLA - bring on the ASX

Jiffy, I know what they are - I worked on stock exchange floor in 80’s

GGP are traded quote driven by market makers (aka jobbers) unlike other larger stocks that are order driven on SETS (though to all intents similar as it’s the same market makers that also create liquidity by putting in bids and offers on SETS - we just don’t see who they are).

Anyway - my point was they post here on this site, and we should take no notice of the negative rubbish, I’m not knocking the MM’s - I bought my 4m shares at 6p from them back in Dec, so to me they are very nice peeps who allowed me to open my position.

Scott22, you are bang on with your thinking, it will all pull together over next 6 months.

Trying to find floors and ceilings is a mugs game unless a jobber, they are on these chats all day long, hence why so many negative posts here over last few.

It’s what they do, take No notice - I spotted 2 market makers in that recent town hall with SD arrival clap. I’m older now though never forget a face,,

Thanks Bamps, great info , once again.

Looks an interesting ongoing mine life ahead, it’s great that boss is sticking to operational aspect which will direct future outcome and performance.

All best

Bankboy

Thanks for posting link Bellers.

Another cracking uplift from our MD, they know exactly where we are going over next 3 years.

I’m going to sit back, enjoy the ride and always remember the words SD said about the deal being ‘Transformational’.

GLA.

Hey - Stop the panic.

We go up and down with Gold price now, it’s the big world, now being a producer.

£2b company- now producing day in and day out.

Don’t sell a share, in my view.

See you all at 25p, £5 - in 3 months time.

Good luck all.

Bank boy.

Thanks Bamps, I get it now.

Thanks again Bamps, your info always sound.

A quick Q about depth of our open mine at Telfer vs Havieron underground mine approx 100m deep, is it a potential for Havieron to be opened up rather than mine underground.

Just thinking longer term it may be a cracker, start in a larger circle around it, get the gold out - no doubt find other minerals - end up with a lake.

Soz - about out of box thinking - just an idea..

All best

Yes, agree, funds will want to see at least 2 to 3 quarter results before they put serious money in.

No doubt though some are already dipping their toes in,

That’s not an easy question to answer.

I’m thinking a take over within 18 months, was thinking before ASX listing, though that’s June so unlikely.

Thinking an Oz bank or fund wanting out of US$ and direct access and control /ownership into Gold, Oz interest rates piped to drop down to 3% over next 18 months so ideal funding time.

They keep all senior management intact on current agenda to mine as much gold as possible, injecting cash where needed asap whilst POG on next 5 year highs, without all hassle of investors and exchange rules.

Price needs to induce current institutional investors - 35 to 40pence.

Just an idea

Good luck all

Dyor

Yep, 3176 tonight, starting to think we move on the price of gold now, it’s been my thoughts for about last 4 weeks, not a bad thing, as gold will be steady, though watch out for the spikes,.

So - did we move up today on RNS about numbers Monday or price of gold - maybe both.

Not sure brokers and jobbers offer these call and put options now as days,,,

I recall we used to pay about 10% for right to buy or sell on price - 3 months forward. Or another juice was a double option - though you could execute only the buy or sell.

They were called traditional options,

It was a good money spinner for jobbers that also run a book,

Be interested to know if the tradition continued.

All best

If in doubt stick it the dark star, or perhaps short dated gilts, then revisit markets in 3 months time.

Hey stop - market makers, jobbers do what they do - day in day out.

They trade market discovery, in general don’t take an overnight position - ok that’s a slight lie.

In essence - without them we would hold our positions today.

That’s why SD keeps thanking London market - AIM and investors in every podcast.

Keep your peckers up, it’s been a good few weeks.