Member Info for BullionBloke

You can't be too much of a mug if you got in to GGP for less than 10p !

Couple of years down the line from here even 50p will look like a bargain

I'm happy to let the traders play their games. It won't make much difference to a mid-long term holder like myself, as time goes on and institutions star start hoovering shares up by the boatload the amount of shares floating around will no longer be as conducive to this pastime of buying on Tuesday and selling on Thursday.

Come what may, I for one won't be even considering selling a single share of my GGP holding until circa 2030 at the earliest. It will be great fun watching the company grow and SP head north between now and then not to mention rather lucrative in terms of profit 😀

I'm not selling a single share until at least

Nice start to this happy Thursday.

SP up to 9.5p and 20 mins in to trading the price spread had closed to almost nothing on HL.

We should see upwards pressure on this price all day. It's gonna be interesting to see how quickly we see double figures and go through 10p.

After that the next stop will be 15p.

I'll see you at the bar !

Thanks Schie for that informative overview. Brief analysis such as that is very useful, particularly so for people such as myself, when it comes to the business and finance side of investments I'm surpringly savvy but when it comes to the geology and ore body assessment etc isn't my thing so any info or opinions etc regarding that are very welcome so thanks again. Let's hope we don't wait too long for next results and hopefully we'll see the SP gain some meaningful traction in the months ahead.

Good Luck to all holders

As with all market investments P/E ratio is worthy of consideration but I've discovered over recent years that it is by no means an acid test or cast iron barometer to future success or direction of share price especially where growth stocks are concerned.

P/E of Greatland will become far more relevant circa 2027/28 when it's projects have a more defined objective based on comprehensive financial results and what or indeed what isn't discovered with the drill bit over the course of the next year or two. But I'm pleased to say that I genuinely believe that the share price will gain increasing traction at an easily observable rate from here on in

I don't think you have got the grasp of this.

Market Capitalisation (Mkt Cap) is current share price multiplied by the number of company shares outstanding, so in the case of GGP that is currently standing at approximately 9p multiplied by 13 Billion.

Hope this helps

Not sure it would be a mandatory requirement but I do remember SD saying that he'd like to oversee a consolidation, the reasons he stated were.

1. He thought the sheer number of GGP Shares in circulation as a number was unusually high and would like to see it streamlined

2. A more meaningful price per unit would likely make it a more attractive,straightforward and quantifiable investment for large financial institutions, particularly on ASX

I have been on the receiving end of a 10:1 consolidation quite recently and it didn't have any significant impact on the overall value of my holding. In the case of GGP I think a 20:1 consolidation would make sense reducing the number of outstanding shares to around 650 million. So somebody who owned say 200k number of shares priced at 9p per unit each would end up with 10,000 shares priced at £1.80 per unit. I fully expect the GGP market cap to increase significantly in the months ahead so if a consolidation is to be done I'd rather it was done sooner rather than later.

On a different note, great RNS today and also the copper inclusion is another very welcome tick up. For one reason or another this SP has been held back for far too long but there is now some visible open road and blue sky ahead which LTH certainly deserve for all of their commitment.

GOOD LUCK TO ALL WHO ARE GGP INVESTED AND ENJOY THE RIDE

Oh dear. Maybe you misread the situation. Still cheap even at these prices though. I can see this easily reaching over £25 within n the next 12 months so I guess you could get back in

That's totally understandable. Hopefully some snippets of interesting info might be posted on here subsequently.

I think it's great that you do these meetings. I've been a shareholder here since 2020 so fingers crossed maybe 'll be able to attend one myself in the future

Hi Bamps. Are your talks streamed/posted on internet or is it only for those present at the event?

Interesting comments...So where is the connection between Trump/Zelensky situation and the share price of GGP ?

I'm sure you're right. Also gold is much heavier than rock so I imagine they'd have had to spend time finding some super strong guys to carry the samples around the lab safely

Well said. I don't care much for dividends if the alternative is to further invest in increasing the size of the asset. Also, if they find a cash surplus at any point I'd prefer they began a Share buyback, good for the company and the Share price. Means a smaller float our there which is a win win in my book.

A year from now is an interesting one. Obviously it's impossible to know but I'll take a wild guess at $1 Aussie dollar per share. Remember the date.

20/02/2025

Thanks for the link Timber 👍

I totally agree. I think the name of the game here is definitely long term holding. Relax and enjoy the ride, I already made a decision that unless there's a buyout, come what may, I shall keep my entire holding until at least 2030 at which point I shall review the situation.

GLA and HOLD FOR GOLD

Just added another 50k shares. Decided to have one final top up because looking at those superb results from the drill bit single figures share price will soon be a distant memory.

It definitely won't be a dual listing. It will be a cross listing. Shaun Day has stated that loud and clear now on numerous occasions so there will be no so called shafting on that front.

There will however likely be an honest and direct consolidation of shares (possibly 10 to 1) but that's a business decision as the company shares would be more marketable to institutions if there were 1.3Bn shares in total as opposed yo 13Bn. Either way I do not for a minute think that Shaun Day or Greatland are remotely interested in trying to make a few quick bucks at the expense of their shareholders, in fact I believe the opposite to be true and the company will be doing all it can over the next few years to maximize bottom line value for all of its shareholders