RE: Very interesting week29 Oct 2023 12:01
Hi Gimmethemoney
Thanks for that, I like to stay positive in things I have invested in and it has been a hard couple of years.
But if you look at how Ggp has grown, it has not been appreciated in the sp and Shaun and the board have taken a lot of stick from some on this BB.
If we look at the hurdles they have had to overcome, I would say they haven’t done to bad.
Of course Shaun would of loved to have a DTM , pfs and a revised MRE published by now and able to announce mining will start after Christmas ( as he had that all agreed financially with the banks) but hurdles came into play and he has had to change plans!
So he went back to the banks and renegotiated and got funding organised again ( to me banks don’t do that for nothing, so there must be good stuff there) he has also, I believe put in place a plan to buy the rest of HAV and Telfer if the need arises!
So in summary that is when as investors our plans and expectations should have had to change as well, wether it’s time wise or reinvesting and diversifying, that is down to the individual!
I forget who said it but ‘but a bad plan is a plan that cannot be changed’
For me I am happy enough to wait longer if needed, but I don’t think I will be adding much more as I have enough tied up!
All in my opinion of course and all the best to everyone!
Ben