Member Info for Charlie156

Bought @£3.266. I picked up some in the June retail offer at 15.8p in old money, when the gold price was circa $3400. Since then there have been two quarters reported with A$594m operating cash flow, A$377m added to the net cash position, gold today at circa $3900 and lots of positive drill news. Happy for the opportunity to pay 16.3p in old money.

Agreed TT, but if the peak price for Q1 was A$5900 and the lowest price A$5100, A$5227 looks a bit soft. What were your expectations before the company released the numbers?

Was the market underwhelmed by the price GGP received for its gold A$5227, compared to comparative numbers to date from others, where I saw over A$5400.

Bamps, thank you. I've been invested here since May , everyday's a school day.

Drill report packed with goodies, although the returns so far from EG surprised me. I thought that was one of the most promising prospects.

A 25% correction in the gold price takes it back to $3500, a price where GGP can still comfortably execute its plans for Telfer and Havieron. The upcoming news from Telfer and Hav is expected to be positive, which will support the share price in any gold price pullback. I had a fleeting thought of selling at £4.30, but plan to hold and reassess until the Telfer news comes out in March 26, when the net cash should be circa A$1.2bn.

SD intimated the Hav FS would be out before Dec, that's 33 trading days. It's on its way.

Bamps, with the stratospheric potential of GGP and the nascent gold frenzy underway, you need to find a fitting venue for the growing throng hungry for your presentations. Its got to be the London Palladium, get yourself an agent and work on a song and dance routine to close the show.

Bought 50,000@32.24.

Roxi has been promising the world since the JSE share price was in the mid 50's, urging punters to buy. Anyone taking that advice would be sitting on huge losses, he's either malevolent or an eejit. As for the PTAL nonsense, there is no issue with river levels this year, production is unaffected. PTAL's 2025 YTD production is ahead of JSE. PTAL have paid 17 cents in dividends since June 23(Roxi predicted JSE would start paying a annual 6p dividend in 2024). PTAL market cap £300m with $140m net cash, JSE market cap £130m with $50 debt. PTAL's management are flexible, agile and best in class, with a falling oil price they have drastically cut 2025 Capex. None of this Skua nonsense, spending $100m of precious shareholder funds with a stretched balance sheet in a falling oil price environment, never mind losing money on every barrel Stag produces. It's tough for any AIM oiler today with Brenthurtling towards $60, on paper JSE should be the safer bet compared to PTAL, but Blakeley proved that not to be the case. The new JSE CEO has a tough challenge, I wish him well

Three years ago as the Montara FPSO nightmare was beginning the Akatara project was given the green light. After a few hiccups it's proved to be a successful investment, yet the share price continues to disappoint. Now, the next jewel in the crown Vietnam is being talked up, which will bring shareholders substantial returns. That's a dangerous presumption, while the new CEO brought some much needed clarity to future decommissioning costs, they still hover over the group's future. It's going to be a real grind over the next 10 years at these oil prices at Montara and particularly Stag. Those fields account for 40% of production today, yet their costs are obscenely higher.

Two trades in 11-15 seconds with 1 device is not outlandish. We're not talking 3 shots in 8 seconds with a Carcano 38 rifle from the Book Depository in Dealey Plaza. This was no Magic Trade.

It's 2 months ago, but Gordon Burrell didn't think the CO2 levels would be an issue, and he's been around long enough not to say something that would come back to bite him. More pressing is if the field needs to be compartmentalized, that adds enormously to the cost. Early projections if no issues of 500,000boe/d are transformative, and selling a 49‰ stake in Bumerangue would yield circa $5bn imo. I always thought from the size of the initial discovery that Kaskida and Tiber would be bigger than the 80,000boe/d for each field put forward.

'No risk involved' you've been here long enough legache, to know better than that.

Akatara aside, a very average performance.

I've crawled back into profit after my purchases of summer 24. With asset sales, Bumerangue and a more coherent strategy to follow, I won't be selling anytime soon.

They've only just put the dividend up, you'll have to wait until June 26 for the next increase. Their latest buyback strategy is to go easy the first 2 months, and then pile in during October, which with the share price showing positive momentum is irritating. In the bad old days, the SP had prolonged periods when it would spiral downwards nearly everyday. It's the opposite now, they should have adjusted their buybacks plan as well.

There have been more posts than trades today, not exactly Mt Vesuvius is it.

Why no put options for Jan 25/26.

This is my first investment in a gold company. I'd never been interested in holding gold in physical form or jewellery, but I think now is the time for Shaun to sprinkle a little bit of that gold dust on his shareholders. Shareholders with say 5000 shares would qualify to purchase 1oz of gold per year, at the AISC cost to the company. It would really put the company and shareholders in tune together, introduce a fun element and not cost the company too much, and punters would feel they're sort of getting a dividend.