Member Info for Chrisdp86

Depends over which time frame you define the trend I guess. Also depends on the time frame of your personal investment.

If your time frame is another 2-3 years the trend is certainly on the way up ?

It’s not up to panmure to pull back as they’re buying under an irrevocable agreement funded by griffin mining.

Just a few weeks ago in the results the chairman confirmed that the share purchases will continue.

Panmure are also repping the company so also are advised to acquire shares at the best price possible surely

Hoping the company continue to buy and stabilise the price the cancel the shares.

It sure where else to reinvest the cash so just going to hold like the usual fool I am !

Surely if China does turn into a black hole then gold price will increase further and profits of griffin.

I think the major issue as it always has been is the geopolitical risk of operating in China.. I’ve held for 7/8 years now and always been worried about a nationalisation of mining if the war with the west gets too intense.

I can really see the exit for us shareholders being a Chinese major buying the mines or griffin as a company.

Let’s hope that sets light to the fuse on a rocket !

Not really sure what’ll cause this to fall substantially at any time given the company share purchases.

Hopefully some more momentum moves this up to £2 and beyond where it deserves to be

Guess the next noteworthy announcement will be the completion of the CW facility.

Perhaps a surprise contract announcement or even an acquisition this year would help

Cheers.

Anyone up for flying to Bermuda for the AGM? LMFAO!

So in reality, turnover and profits will be substantially higher 2024 given current price of gold and zinc.

New increase JORC coming in 2024.

Share buy backs ongoing leading to eventual cancellation of shares

Zone 2 online in 2025

Lots of be holding for

Anyone else amazed that a wealthy Chinese conglomerate hasn’t snapped this up yet?

Fact is the company are committed to purchasing shares and an orderly market so this will just set a new “base” for the share to move on up. Panmure probably bought another chunk today and will be announced tomorrow.

Ultimately, the shares in treasury will also be cancelled too which will support the share price

Are the company allowed to distribute dividend and pay the money outside of China?

We … AND the company know that the share price deserves to be far higher than it is. Zone 2 not even in the numbers yet and profits are due to be exceptional this year with the price of gold now at over $2300.

UK shares just are not loved enough and there is still this anti China rhetoric I feel.

I’m very surprised a big Chinese major hasn’t taken the company out when it was so very cheap

So that’s the cash reserve gone on the purchase of future revenues IF a licence is granted. They must be supremely confident this licence is coming otherwise this company is going bust

Hi.

Do we know when zone 2/3 numbers will start feeding into the production or have they already started?

Some one said if this was in US would be worth 700m I think well over a Billion given some of PE multiples over the pond!

Until there is more trust that money can extracted from

China as paid as a dividend - there’s no chance the price will bounce significantly

Bean you literally highlighted the three reasons the share price is rising then said “I can’t understand why”

Well another company stitching up private investors. Fun raising at 30% less than the current share price without giving anyone the option to participate. Deplorable.

Waiting for zone 2 and 3 resource to start showing in the results which should get this up to £2 in time

I’m In big but average is around £1.30 having bought all the way up to the last big drop