Member Info for ChartaRex

Hi Saber,
If memory serves me, I think they start trading on Monday at 7p, but I doubt you'll get it at that price in the morning.
Rex

Matty56,
Or to look at it another way, having NCM as our JV partner is an incredible ASSET to GGP.
Rex

Hi Zoros,
You must have a very substantial holding in NCM. Why else would you be so eager to give GGP away cheaply to them?
Rex

Zwartkops,
Maybe you should go back and read every single post I've ever written about GGP before you gob off.
Interestingly, I've just looked at your last 3 or 4 about GGp/Gold.
"GGP - Minimum 35% rise tomorrow" and "gold going up like a rocket".
You are a blatant ramper.
Rex

What's all this nonsense about takeovers?!
You lot want to sell out at 10p in the pound just to gain a quick profit? Then what? Move on to the next "big thing?" Good luck with that as an investment strategy.
NO-ONE knows the size of Havieron yet. Until the drill results start DECREASING SIGNIFICANTLY at depth and in three directions, you can't possibly put a number on this. And that could take a while! :)
Havieron may well be an absolute cash cow for decades to come - and you want to give it all away, in the HOPE of another discovery of this magnitude? This ONE discovery could fund GGP for DECADES with future exploration & hopefully more discoveries - and provide you, your kids & your grandkids with an ongoing stream of royalties for the next 50 years.
If your so eager to cash out at the first flicker of profit, I'll give you 10p for every pound you have, 'cos that's what your saying!!! I can't believe how utterly impatient some of you are. Bottom drawer these shares for 5-10 years and I think you'll be pleasantly surprised.
Rex

SpadesAspade,

Good post, I agree.
I'm gonna put my neck on the line now for the February deal - having done a bit of research, I think Newcrest will offer $800 an ounce for the 5% that's known and confirmed (& probably some sort of annual royalty going forward as more of the resource is confirmed). You can't put fair value on an entire asset when you're only currently looking at "a fraction of a fraction".

Rex

Wow, that's been an interesting BB today, plenty of alternative views on the 5% !!!

Personally I think the 5% will be valued on the latest MRE numbers and nothing else. As it's still open at depth, and still open in three directions, how can you possibly put a number on it? I mean, how do you measure a piece of string if you don't know how long it is?

I think anything found after Feb may be dealt with on a royalty/pruduction basis, but who knows. Just my opinion.
Rex

Thank you Bamps. That's an extremely comprehensive look back at what's been achieved over the last year or so and must have taken you an age to compile! It's a timely reminder of why we are here (well, most of us!). So my most sincere thanks for putting all that effort in, an outstanding effort, especially on New Year's Day!

I was particularly taken by 2 of your points:
“ Potential for a SIGNIFICANT UPGRADE of the Inferred Mineral Resource to an Indicated Mineral Resource”
“ Growth Drilling over 250m BELOW the extent of the Mineral Resource continues to return high grade results”

That alone should hopefully enhance our 5% value with Newcrest considerably. It'll be interesting to see what numbers they both come up with! :)

Anyway, Wishing a Happy & Prosperous New Year to you and all GGP'ers.

Rex

He's in the outback - with his chequebook. Lol!

For those whining about this miniscule fund raise, if you're that bothered just buy an additional 1.5% of your holding tomorrow morning. Job done.

For those whining about SD, he's got a good track record for building a multi BILLION pound company. I'm confident he knows what he's doing.

For those NOT whining - well done!

Patience will be rewarded in spades (of gold flour!)

Maybe they've used up all the money drilling out HAV - but haven't run out of gold rich ground yet!!! :)
How's that for positivity! :)

Rex

Nice find jose, looks like the next deal is being lined up.
Nice to see we're still in suspension - the longer we are, the more confident I am a deal is on the table :)

what price we'll open at? :)

I wonder what they'll call them? I'd opt for:
Havieron Mine No 2 Mine & Havieron Mine No 3 . Not original, but would be nice :)

I'm not confident Drayson will pay a fair price for the MBO. It would be in our best interests if a bidding war broke out - the data has real value.

I'll be watching this closely to see how it plays out.
Rex

Biggles,

You still haven't answered my question, or don't you understand it?

Rex

BiggL,

If you think this Company is so rubbish, then why are you here?

Simple question, care to answer it?

Regards
Rex

171 on Virgin now
214 on Virgin at 6pm.

Documentary just started on DMAX at 5pm for those interested.
Lift shaft goes down 3500m!

Rex

If Hydro is correct & this is being manipulated, then I want it manipulated all the way down to under 1p.
Then I'll liquidate my entire portfolio and load up every penny I own on GGP till the cows come home.

Manipulation works both ways - USE IT to your advantage!

Only the impatient don't like it. PATIENCE is the key.

Rex