RE: Wake up24 Jan 2024 10:14
Don’t get me wrong MH sometimes I look at posts regarding how much people say SP will get to and raise my eyebrows.
However if you think Newmont can just offer 500m and buy us out, then for someone who’s been here a while I think you’re missing the point.
Newmont can offer what they like but it wouldn’t be entertained if you give any credence to what SD has always said (I do) about eye watering amount.
He knows what he has, built a team that could walk into any top board around the world, and has (unfortunately for us as we can’t see yet) information about future direction the company is going.
The SP is what it is at the minute, a good time to add if possible, or to enter , as the reward surely outnumbers the risk at this present time (all things being equal in the world 👀)
GGP has 30% of an asset that will be mined , but also has some of the best land around different regions of Western Australia that is continuously throwing up good results from various companies,which gives me a bit of confidence that we will have some decent hits in the future.
The 30% of Hav being touted as one of the finds of the decade by some in the industry due to not only size but the shape.
Would be great if we were at say 20p to start this inevitable run higher, but if you show any interest in the mining sector then you would see that there is no money coming in …..yet.
Once the sector starts to pick up, then hopefully GGP will get an influx of buyers.
Newmont SP has dropped from $80 odd dollars to $35 for reference.
Hopefully once Newmont show their hand then we will finally get a few more answers.
I wish it was today, but unfortunately bottom feeders like us are always the last to know (the decision will have been made already I feel).
Here’s to everyone making some serious money here after the long wait!
Still waiting patiently for my little slice of history
GL
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