Member Info for Chuffchuff

Oh and at 10.35 the motive is revealed. The revenge troll. One of many breeds but this is a revenge variety.

You only have to look at posters profiles to identify what their main stock is and the one they post nothing but positivity about and then look at their contribution to other boards. There's multiple reasons why people do this but ultimately they are rather shameless and self absorbed people who have little real life influence but think they have the power to turn the tide in the virtual space of a chat board. Sad for those that base their financial decisions on these uniquely strange people - if any in fact do.

Post on X by Stuart Hinds yesterday re the potential uplift for GGP brought by ASX Superannuation Funds:

"ASX 300- Superannuation funds that invest in the resource sector.

Mining Companies you might be familiar with

Adriatic metals

Belvue Gold

BHP

Chalice

De Grey

Evolution

FMG

Gold Road

Lynas

NexGen

I think it will have a massive impact

on GGP SP"

https://x.com/hinds_stuart/status/1867210275155312722?t=1QFgyZSj5xihWvfITDZD7w&s=19

I don't mind people who are invested here profferring a more cautious view or flagging risks and I dare say many on here know the reality of exploration. It still baffles me why people come on here who aren't invested in any way though. No one here needs saving. We're not your best mate or a family member so why bother? I can only assume it's done for weird kicks of some kind. Just very, very strange. It's also funny how when all the pessimistic words of disaster fail to play out the shift is to those who invested here ages ago when the SP was higher rather than to those of us who've already bagged a few and protected our stake. Even if some of us ten bag here there will be yet another doom post from the same people. Just stick to your own investments! I don't ever comment anywhere I'm not invested. I would feel like a complete pr1 ck if I did.

I'm disappointed again to see people that are genuine GGP shareholders knock others who are also GGP shareholders because they've had a rough ride (like many) and are cautious about forward intention. If you are at break even as I am albeit 30% short in inflationary terms over four years, it is still an anxious time compared to those on 2p/4p/6p or lower who can sit on profit without any concerns at all. My comfort is in listening to those who appear to know the potential yet to be formally declared. I am reasonably happy that 2 or 3% a week will get us where I want to be by ASX. PI's as of now still hold some sway, but that will diminish as that rolls onward. I understand the concerns of whose interests will ultimately be served. Those ordinary folk like me will I believe see profit of sorts over 6/12/18 months but whether Lassonde applies to this hybrid affair I really don't know until we see Havieron push on. It's a unique situation. The institutions will soon be the ones getting the overtures but if we, the PI's, are part of it that's all good. It won't be for the little guy in principle though. Mattyboy is right on that but could still get rich regardless and I hope he will because that is us. Longstanding PI's.

In simple terms RP would you put your own money into something to keep it viable without expecting due reward for the risk you've carried? If those actions make all of us who are invested quite rich why would I begrudge them having a higher reward for putting up the finance without calling in the debt by other means?

Hi Ricardo. Thanks for your efforts. Yes I meant 30% of profit. Benchmarks are very loose on what makes a "good" dividend for a company but established good dividends tend to range from 30-50% of profit after tax I believe. I would imagine GGP would opt on the cautious side so even 30% is probably optimistic at first. Nevertheless it is food for thought whether I can hang on to at least some of my GGP shares after retirement and use some of it as income in years to come. Cheers

I wonder what the dividend ratio would be. If someone could project a 30% divi on sensibly projected earnings per 1m share holding I might have to rethink how I might decide to draw my pension... The march figures might just be a nice early retirement present

Hopefully consideration will be given to minting some commemorative sovereigns. Or perhaps that will wait for first Havieron gold?

IHi Bamps. Your post of 07.41 in response to Spades has laid it out in a way that I probably needed to understand it regarding avoiding a gap in production. Sorry if I've been a bit dim trying to understand what's potentially viable now. I was concerned that the West Dome Deeps were going to be too late to help bridge the gap but the accessibility of other ore is more encouraging. It is this sort of news when announced to market that will be imperative in building confidence in my view. Whist SD an the team are not responsible for the share price per sé, I hope in this new era we will get regular positive updates to build the accretive picture e were promised

I'm concerned about this possible gap too Colin. I asked about the scenario if reserves in Telfer aren't at the upper end of what we hope but didn't really get an answer. In that event do we slow production just to keep stuff ticking (whilst still hopefully pulling enough income to develop Hav without having to empty the pockets)? I hear a lot of optimistic stuff and I will be waiting on news, but in the meantime otherwise investable money has sat static for about 4 years in my ISA filed under GGP. Unable to put it to better use without the risk of timing a sell then buyback badly. I'm not alone. People were talking about 10p when we get the keys. I thought I was being conservative at wishing for 8/8.5. I still suspect there won't be enthusiasm in bucket loads until Hav is properly close to production. For now we need really good news and no bad news. I, nor does anyone want to be floating in the 7/8/9p range in 6 months time I don't think. Yes I know "we have to look at this differently now... we have to look long term... we have to manage expectations...". I can understand no news until early next year while things bed in, but then we need a bloody good run of it.

Why are we having a running commentary on this board about other shares. I've seen so much cross-contamination bringing undesirable people here often provoked by people from this board elsewhere. I don't want to hear about taking profit here to invest elsewhere. If I let that loose on another board I'm on all hell would break loose! Can we not have GBP talk only?

Excellent post again Dip. Expressing eloquently what many of us feel and think but perhaps sometimes clumsily express in a way that others perceive as negative. The clock has started. Time is required and I certainly won't get spooked by short term SP, but as resource estimates are declared and we progress to ASX I expect to see the results of the accretive deal. The unfortunate thing is that to make it viable for those in here for 3 or 4 years has been the necessity to accumulate and tie up ever increasing sums that might have worked better elsewhere with the benefit if hindsight. One learning point for me is not to rush in always with spare savings or cash. If I had a more fluid trading pot I would have had half a chance to buy in to the retail offer but with a combination of the need to free up cash and a failure by my ISA provider to even allow access to the offer it screwed that chance. I'm disappointed at times to read comments by people saying "sell up if you don't like it". It's not as easy as that. For tjose of us who've held we don't want to let go now but the next 12 months will truly tell. 14/15p won't be a disaster for me. 20p would make me feel it was vaguely worth the pain. Reminder it was 12p in the brief spike almost exactly one year ago. Hopefully in 2 or 3 months we see that again.

More info on the new non-exec appointee Brian Chu here: https://goldfund.com.au/about-us

Pressed send to soon... so sorry if this is getting too involved if these are better understood through those sessions you spoke at

Either way. We need to crack on with Havieron. Is there contingency for unforseen delay beyond the latest timescale? I'm trying to anticipate institutional sentiment. The potential for a lull in production before Havieron is fully on line and the West Dome Deeps can be exploited seems a bit tight unless we get great results. Is there a scenario where production is deliberately slowed if the estimates in the exploration targets end up in the lower range Bamps? I'm hoping that's not what happens of course. I know you'll have gone into way more detail in your presentations so sorry

@redtrader Maybe by facilitating "a more efficient entry into and development through the LCA while reducing future water management costs." Who knows, perhaps we'll crack on with Havieron faster than the more recent expectation management has allowed for? Would be nice. Hoping there's a lot more upticks from resource estimates that can be unleashed over the next 6 months.

Be nice to move past SOLG who we were toe to toe with previously SP wise. Anyone know the cost of a pint in the Galah bar? Those 435 new employees of GGP deserve one on the house

Good luck everyone (although luck shouldn't in truth be required now). Been quite a ride. Let's hope for steady news flow now that far exceeds expectation. We (LTH's) deserve it. Good luck SD and the team and well done

Agree entirely with your 13.31 post Dip