focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Agreed Badger. There's a lot of heart to be found in the solidity of opinion here
I wonder if any of it is because there was a view that GGP were going to be an easy rollover? The fact that this MRE was released as promised by SD indicates that Newmont (and by default short termers) aren't going to make a quick buck out of us. So they bail. It was suggested that SD's balls were made of steel, but each time he leaves a meeting at Newmont there's rumour there's a big clunk as he gets out of his seat and a general murmuring and whispering as he drags what are now considered to be balls of gold out of the room - grinning as he goes
Hi Tome and Malcom White
Yes indeed I am building in my investment/non-isa trading account. Last year I retained GGP shares within that account as I had money available to buy more in the ISA at the start of the tax year. That said I retain a variety of stocks or funds in my ISA to spread risk, even though my GGP holding is now much greater than I originally envisaged. On faster moving stocks I've timed sells reasonably well so I've been in a position to sell a profit on those within my ISA and load more into GGP without losing the tax break. Either way I'm certainly accumulating outside my ISA, it's just a shame that the short-lasting rumour of increasing ISA allowances in the the last budget never came to pass!
Seasons greetings!
ChuffChuff
It's a real shame my new ISA allowance isn't available until April
Even the most optimistic on this board will be somewhat disheartened seeing this dip below 9 again (I myself thought that three was enough resistance to keep it above). That said, just look at the photo's of what's happening at Havieron. This is the evidence of a DTM. This stuff is coming out of the ground and 30% of it is ours. The only way it won't be is by Newmont paying us a huge amount to take our JV's elsewhere and reap the rewards from those and from other unexplored tenements. This is only my personal opinion, but I think we will officially be miners by late spring
Zoros, although I share a bit of exasperation that production looks like it is more than 12 months away, the feasibility study and DTM are going to be the bigger drivers of the SP in my view. A few have lost patience and given up but if the Lassonde Curve really is applicable to us then the greatest gain in SP should occur in 2024 before we reach production. I still hold hope that the demand for both copper and gold will play into this scenario very well.
I may be looking at attaining the sort of returns I hoped for maybe 6-9 months later than I first hoped for, but I'm pretty much committed to delaying my early retirement by 12 months just to see this out. I still believe the rewards will make that decision a good one.
That's very sad to hear. I was very struck how in spite of relentless challenges Archways came across as extremely selfless, not wanting the board to be clogged up (as he saw it) with sympathy. As a way of being that is a gentle example of how kindly a man he seemed to be.
'Tis the season of Dickens. The story of young Pip coming into great wealth. Dickens is struggling with the title "Pip has low life expectations but he doesn't know there's great wealth in store - do I want the reader to have low expectations or great expectations? Perhaps if I hint at the benefactor not being as rich as hoped they will lower their expectations. I know, I'll call the book 'Low Expectations', it's got a ring to it. I'll drop an RNS calling entitled the "Miserable Resource Estimate" by way of some Christmas cheer.
Now that daytime seems almost as dark as night might I suggest we all hibernate until the end of February. For those unwilling to hibernate we could cryogenically freeze them and only defrost if we want to (indeed if ever). Disappointing as it is to dip back under 10 we aren't shifting until the proper news. I will snooze until then. If spring turns to summer without firm decisions and a clear pathway then and only then will I seriously review my holding
No bad news. It's just that some were anticipating the updated MRE today. A bit of chill is required for a couple more weeks
If this "only" rose 2% a day for just a couple of days a month it's the equivalent of pulling in my monthly salary if I were to take it as income. So I'm happy enough. Steady as she goes...
I think it's easy for those of us who've had the advantage insight and scrutiny over GGP's prospectivity to apply those insights to all buyers, when in reality I suspect sentiment and SP movement is often a lot more simplistic.
The latest SP rise pretty much started when Newmont completed the takeover of Newcrest. Those not in the know may have thought there would be an early decision on Havieron. We also had the likes of Don Durrett (who I actually think was rather exposed in his interview with Liam in terms of lack of grasp, but nevertheless spoke of 5 or 10 baggers) and as word filters out people want to be on the journey. Many don't necessarily understand the fundamentals, they just buy on the word of someone with influence. I as interested that during some of the initial rises some large buys were coming in at about 13.30 UK time, suggesting to me there were significant buys from North America. At the end of the day it doesn't really matter how informed those buyers are, they are making a punt.
Most of us on here understand that we have the primary catalysts to come. The updated MRE, news on further derisking and progress through the lower aquifer at Hav, the DTM (as partners or otherwise), assay results from other tenements, new JV's or development on existing ones etc, etc.
These are the true drivers of what is to come. What we've had so far is people jumping on not wishing to miss the train. Chuff Chuff
Well I've learnt something this morning about Sulphide and Laterite. We can all move forward without getting our nickels in a twist. GLA
WetWipe. Given you have already determined that this share is way overvalued you really don't need to be here. Otherwise you are basically spamming a board for no personal motive. Unless you are being truly altruistic and saving us poor souls from plummeting to sub 2p? Your kindness is wasted here. Oh, one more thing though. As much as this board spews some rubbish at times, it remains (in the main) politics free. People have referenced human suffering with current world conflicts a few times but it's been without overly partial views in the main. I've not seen nor do I want to see flag waving. Your opening post waving your three Israeli flags was somewhat overt. You need not infer from that where I stand on the present conflict either. I would move on from this forum because whilst conflicting views are entertained you have no credible reason for being here rather than to trouble-make
Although I've been fairly chilled about the future I would never have held so many shares if I had not been forced to average down backed by my belief (along with many others on here) that we are here to stay until production whilst all the time exploring new territories with huge potential. That money I spent in the 6's, 7's and 8's while still down on paper is now catapulting me into healthy profits. It's also gratifying to know that whilst it was always their decision based on information shared, some of my family and friends are seeing their own investments come good
Congrats everyone. When the Greatland Arms opens at lunch time there's a tab set up in my name. Just ask MR.E the barman. I recommend the Scallywag amber ale followed by a single malt Ernest Giles
There is a link on GGPChat on how to vote on various platforms. I did post up a process on here for Fidelity as well. Some are easierthan others and on the likes of Fidelity you need to actively register via your account settings or you will simply not be offered the chance to vote!
https://www.ggpchat.co.uk/viewforum.php?f=103
You know what? I wasn't expecting this to push on much more this week so it's not doom and gloom as far as I'm concerned. We've held above 9. There was clearly increased interest and investment early in the week (I'm guessing from the the US given the timings of big buys) and this was no doubt on spread of news and the removal of a bit of a doldrums as the acquisition went through. Modest recent drill results but more to come. I am healthily back on profit personally which is a good place to be after all the issues. The main drivers are yet to come. Silence probably just means people are chilling. I am. Nothing is linear but I do feel this will rise in stages with the odd plateau before the final destination is known. All are upsides from here as far as I'm concerned
You're welcome TT. Although I have found Fidelity to be a good platform, the site was not particularly intuitive in respect of finding this particular information!
Sorry I have now found it. If you use the Fidelity platform you need to follow the following. Feel free to update on GGP Chat if you wish Dip:
"We offer access online to a third party provider called Broadridge.
Broadridge will grant you access to all your shareholder rights through their online portal. This an online only service, currently only available on a PC, some tablets and mobile. This will enable you to submit a proxy vote at an Annual General Meeting/Extraordinary General meetings or alternatively you can elect to attend in person and you will receive your meeting invitation via recorded delivery to your registered address with us.
To do this you will need to log in to your online account or go back to your account summary. From here select 'Profiles' from the top of the page and 'Preference centre'. Once in the 'Preference centre' you need to select 'Shareholder voting & information'. Once you have opted in, you will receive a one time key passcode to activate your account, you will then need to create a username and password with Broadridge directly before receiving direct AGM and EGM notifications for your holdings and proxy voting instructions"