Member Info for Charlie156

Bought 2000@£5.22 yesterday, sold 2000@£5.43 today. Occasionally this trading lark does what you expect.

That's a sobering night time read. I knew the economics of Stag didn't add up, but I didn't realise what a total calamity it was.

It would help if I read the other RNS, picked up by another institution.

Have sold 182 million shares, over what timespan I don't know, but 20% of the company.

I don't see the March 26 quarter numbers being beaten until Havieron is up and running. SD hasn't put a foot wrong, but with the timing of the deal and the gold price, luck has been on his and our side. Two to three years ahead of solid production before Havieron is producing, dividends on the way and a probable OC divestment.

GGP making lots of money, and making a telling tax contribution. A$73m tax liability for FY25 paid in the March 26 quarter, and a A$87m tax payment for the March 26 quarter to be paid this month.

Why hasn't there been a rerate after the success of Akatara and 2 months of high oil prices?

'A fairly challenging gold price environment ' It looks like a healthy gold price environment to me.

HG, what a ridiculous post. There are no friendships on here, or laughably 'altruistic' individuals. Money is the only concern, the treatment of Bamps showed that. The thought of spending $8 is enough to give some on here a breakdown.

A lot of empty seats at Mining Forum Europe 2026 when SD spoke. He might have to jazz it up a bit for the TH tomorrow, where I know blue gags and innuendo always go down well with GGP debauched shareholders.

Picked up 50,000@26.9, these were 28.8p this morning. O.K oil has dropped a few bucks, but healthy RNS. Unrestricted cash down $8.2m, net payables/receivables up $33.3m, just shows what 1 month of $90 oil can do.

I expect all the local hostels will be jammed that night with GGP shareholders watching the pennies.

Lemang fixed price- 3500boe/d

Q2 26 Hedges@$66-5200bpd

CWLH FPSO n/a-3500bpd

Stag storm n/a-2000bpd.

That's 14,200boe/d JSE is not getting the spot rate today, leaving circa 5000 that is. Management certainly showing why they received such generous share options. Can't make money at $70 oil, can't make money at $100 oil.

Buffa, thanks. My perception is that investors who frequent this forum hold a minimum 5% of GGP's shares, and as institutions continue to mop up GGP's share capital, those investors and their decision to hold or sell will become key. The phoney war and games are over, the market now knows what a monster GGP is, they will be banging out 80koz of gold at Telfer every quarter, building its cash pile and developing the other nuggets in its portfolio.

Do most investors on here hold their GGP shares, like I do, in a nominee account, H&L and ii specifically. H&L and ii are regularly shown on company lists as major shareholders exceeding 3%(20 million shares being the benchmark here). Recent posts suggest the investors on here hold a lot more than 20 million in total, yet I've not seen GGP on any nominee register.

Buoyant sales for gold and silver along with strong prices, my gut says net cash should have been higher than A$1.2bn, even allowing for the tax payment. The market will like these numbers and the tone of SD's brief comments.

Without new wells I think the mid point production average of 12,000bpd is fair. You can see the monthly drop off due to natural field decline and increased water cut. I have quarterly average production of 15,13,11 and 9,000bpd. Hopefully the Q3 new wells and higher Brent average will insulate against higher erosion costs.

Where do you get your YTD Brent average of $92 from. BP had $78 up to March 26. Your SP average of 29p is also way too high.

Certainly not fully covered, under half I believe. Sold a few today, lots of positive news, just felt share price got slightly ahead of gold price.

AutumnLeaves, a concise appraisal. Good post.