Member Info for Chuffchuff

Who is stressing about voting Cartunehead? This is a clarity notice reassuring investors on one platform about process regarding existing shares and what will happen if (when) ASX gets ratified

My wife and I also received that notice via Fidelity TT. I just hope they are quick with releasing the new shares into our accounts because during the retail offer they were woeful. Couldn't partake in the offer and they were extremely slow to enable trading once other platforms were up and running. Fingers crossed they do better (although not planning to sell at that point anyway).

Notwithstanding the usefulness of many of the interviews, not least when there were far less others giving SD a public voice, I can't help but feel that in the cold light of day a sense of embarrassment might be felt. I do think the "community leader" comment was somewhat conceited and cringeworthy. I can say those things while still being thankful for Liam's input. Human beings have frailties and when your face is out there the downside of something so exposing hits all the harder. I have mixed feelings about the video. Most of us are faceless commentators on here (albeit some attend meets and get to know who is who - on which note I am coming to this TH and hope to make such connections myself). He has put himself out there and whilst I am assuming the intention was good, in my view the manner of the intervention was I'll-advised. On the broader point every turn of the drill bit whether at Telfer or other jurisdictions cranks up the price required for an eye-watering offer. In my view either the ship has sailed or the eye-watering amount would have us drying our eyes until the end if time.

Some platforms do not process voting directly. You may have to check their conditions. In my case Fidelity use a third party solutions company called Broadridge. I get notified of the vote by Fidelity but it links through to the proxy site for which you need to have pre-registered. It may be worth checking if similar arrangements exist on your platform.

I've been fortunate that a lump sum came my way today. £16k to max out my ISA, 10k of which has bought more GGP at 12.90. I wonder if we might get a resource update ahead of the Town Hall? News is likely to drop several times over the next 3 or 4 months, pretty much all of it positive I would think.

It feels a bit strange that we're obsessing about a statement which reads "up to 2.5%” - something on which no decision has even been made yet. This share is going to have some volatility short term. What's it been over the past few days? A fluctuation of 15% or so? And yet there's worry about the effects of a dilution of up to 2.5% when that event provides access to the fourth largest superannuation pensions market in the world! I know where my vote is going. Shaun Day and the board have proven themselves over the past 12 months through times where it was difficult for the rest of us to see the bigger picture.

Selfishly I'm waiting on a lump sum to clear to invest in the coming week so regard anything around today's levels as an opportunity. We are waiting on augmentation of existing resources at Telfer, ASX listing, Havieron expansion FS dropping soon into H2 and in no time at all it will be time for 2nd quarter results that will be confirmatory to the markets and to new ASX investors. I keep hearing that its dangerous to be over exposed in one stock, but in the current economic conditions I regularly review and on most occasions I have traded out of those funds currently being battered and almost inevitably I drop a bit more in here. Of course if I regard things as undervalued elsewhere and I can see a pathway for them I will buy back in, but I struggle to find anything with such a positive news flow coming in the next 3-6 months. Take note of daily or weekly SP movements but base decisions on where you see this in months or years unless you are extremely confident in day trading. I am not. This has already become life-changing for me but I still regard it as only the beginning.

Bamps, it's your research into what may come at Telfer that kept my chin up when I felt rather despondent when the extended Havieron timeline was announced. Much of what you said has since been confirmed so it's gratifying to know that there's more to come. I've got a very tough decision in the next 12 months as my original timeline with retirement and a house move on the cards meant I would have been hoping to release some cash by H2 ʼ25. It's a real conundrum now - albeit a welcome one. I am going to see decent profit either way but I still want to stay on until Hav if I possibly can. Life still needs to be lived however and with ill health elsewhere in the family I can't afford to be greedy as I may need to step in to support others. People seem to regard thanks as some kind of "suck up". Not the case. I continue to read and absorb much of what the handful of properly researched posters say and it's only in doing so that I averaged down so much that my holding has propelled me into what by anyone's standard is a decent return when markets elsewhere are in crisis. It is true that we must not base investment decisions solely on a bulletin board but it's evident that amongst the froth there are genuine posters whose insights can be corroborated. Thank you all

Anyone here for longer than the couple of months knows that the recent RNS is as much about what is coming than what has been declared. Superficially people are spooked by the cautionary notes of inferred resources to fill the gap to Havieron production. Still not "safe enough" for the markets? Well yesterday I stated why I am holding on for at least 6 months. I am waiting on the inaugural West Dome Deeps MRE and FS for the Havieron production ramp up. If you read and research then the evidence is there. Those that do are not spooked by minor day to day fluctuations in SP.

Finally going to get to a TH meeting. Looking forward to it!

I'm pretty chilled on the SP given we had an uplift prior to today's RNS. There's still important news to come. Although significant mine life extention is inferred there are some more cautious fund custodians who will wait to see it in B&W before buying more. Once the gap to Havieron production is completely nailed on and we are even looking at a 10 year plus Telfer mine life then even the most conservative of investers will likely feel derisking is sufficient to get on board. I'll await these events with interest. I've extended my own timescale slightly, my first revision point at what I do will be after ASX and updated group MRE figures combining Telfer and Hav in the latter half of '25. My need to access funds may not wait until much after then. I would love to hold for years but I need some other stocks to take off in my portfolio for me to really consider that possibility.

Put it in your calendar

It looks like those 6 drills are going to continue the good news flow

I'll review the SP in due course but we might have a nice little window with the new ISA tax year perhaps a week or so before the quarterly figures get published. Building a little stockpile for that window...

I don't really understand this supposed notion that there's been no movement on good news? There is a clear correlation with positive RNS's back from late January when we were about 6.8, through to the latest when we've moved from 9.5 to 11 or so. Percentage wise these are significant gains albeit we know we are still undervalued. My point is we HAVE gained on actual news even though many of the informative posts on here suggest we have better news to come. That is why I am happy to wait on the next RNS and the next one after that. We've moved from mid 6's to 11 in two months! That's not bad even if at 6 we were ridiculously low.

That's a good post multiplier7. Look at where we are now. People seem to think the tragectory should be constantly upward day to day. It's not going to happen. Maybe the excitement at where we're now at causes constant checking of the SP and alarm if a week goes by with little movement, but I think we need to chill a little. We rose on news. The next rise will likely be on news, first the quarterly results and then more enhancements with the 6 drill rigs and of course ASX. If we don't go up on those events then I may raise an eyebrow and review but I'm happy where we are until the markets get the concrete news they need. We aren't getting dragged down now, many more LTH's are in profit and we have news we know is coming and perhaps news we don't! Enjoy the sun ☀️

I guess you need to factor in any buying or selling fees plus obviously how big the buy/sell spread is at the time. Consider whether the tax benefits of the ISA outweigh those costs which will likely be influenced by how long you are likely to hold for. As I tend to max out my ISA I still hold some GGP shares in a trading account that I've left there. It's only about 15% of my holding but there's no benefit in transferring over in my case.

Early in the interview SD stated "maybe we should be defined by what's not in the update" (as in the recent resource update). There's a hell of a lot more to come. I wish I could hold for two or three years but it's finely balanced as to whether I can. Nevertheless 6-9 months still builds on the re-rate we've seen I believe. Anyone who can hold for longer could secure their families future for a generation or two if significantly invested.

Oh and I reckon a few maybe finding a home for their new ISA allowance early next month

If we live day to day then yes we lost a little this Friday, but in the wider scheme of things I've made my annual salary free of tax and national insurance in two short weeks. With other catalysts queuing up I could easily see it happening again in short order. Let's re-evaluate in 3 months or so with 6 months of production and an ASX listing