Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Plode you're the guy who buys a polyester t-shirt in Primark for £3.99 and then pops into Wetherspoons to brag about getting it for £3 aren't you?
I am an older investor Toffers. I've said before that the short term performance of this share is important to me but not at the cost of wrecking progress
Toffers (not deliberate - autocorrect on your name)
Toffees, assuming GGP retain Hav and aren't bought out they won't exactly be cash rich at the start of production. They are going to need to use income to grow the company. I would regard a special dividend as potentially damaging to that growth and detrimental to the trajectory we all hope this share will move on. We have been bruised and I can only hope that SD is genuine in wanting to secure the best for private investors. Yes there is a bit of trust in that statement but we can't have it both ways. Do we want GGP to make a success in the long term or to give us a modest short term profit. I know what I want, even if we've been set back 6 months or so
If I look at my overall portfolio (which some might argue has too much weight on AIM stocks), the greater proportion still remains in 'bedrock' stocks and funds. To be honest some of these in the current UK and global market (China being the current concern) are looking precarious. Where as GGP used to be my risk punt it's actually looking a lot safer than some of my diversified funds. It could even save the day. I'm hoping GGP, a few Lithium stocks as well as a bit of tech and medical breakthrough stocks will outweigh the battering that's coming. I'll be holding my nerve but we've a developing global picture that is testing sentiment in a big way
Shouldn't the assay results from the exploratory drills as part of the Rio JV be sitting on Shauns desk right about now? A tick up on a bit of good news before ASX maybe?
That's a pretty weird thing to say Mapp, two days after two people were stabbed on the basis of their sexuality. You might well find the people you have issue with at HL are straight, white and some of the least woke people around. Who knows and who gives a damn?
333 posts today says everything about the interest in GGP. We aren't going away. People know this will come good, it's just we have to review our own timescales in relation to events. We can wish for certain things but we can't hurry the Newmont/Newcrest vote. That is the biggest suppressant on a bigger rise for now. As I said before, we may yet get other news with the Rio venture which might lift spirits until things come to pass in the winter. I know the drift is disappointing but as I say, a message board doesn't get this much traffic without something special in the fundamentals
When I got up for work at 4am this morning I expressed disappointment rather than surprise. Some of the more hysterical comments from holders I hope come from frustration too, but I would urge caution in how you use your future votes. SD is in a fairly thankless situation at the moment caught between satisfying private investors who know their shares are undervalued and maintaining a good working relationship with current and future partners. There is no real benefit to Newcrest or Newmont in updating the MRE - SD knows this. I believe he is playing the long game that should be in the interests of us all. Why would you want to p1*s off the bigger partner at this time. We don't know whether for example the reward for him keeping mum is to be given the weapons to move at pace once the takeover is determined. This could mean background work is either being done on GGP taking over Hav and Telfer, or we are simply ready to go as 30% partners with the assurance that things move on a pace with a rapid DTM. There is all sorts that COULD be going on that we don't know, but which to put out in the public domain would be crazy. Personally I'm as frustrated as all of you that I'm not sitting on enough value. I had a glimmer of hope that value being added quickly enabling me to retire a year earlier. That is unlikely now but I would rather be sitting on 5, 7 or even 9 times SP in a few years to come than doubling value now, which is the minimum of what I need to consider early retirement. Good progress is still being made on the decline so there's no overall delay to us getting the stuff out of the ground provided SD has absolutely locked in some guarantees for being so cooperative. Fingers crossed for astonishing drill results in our other ventures. We are soon soon to be miners but we remain the chosen company par excellance in this region when it comes to exploration. Ignore the shorter, try to avoid debate with idiots (silence is the most effective) and keep perspective (as difficult as that may be). GLA
I suspect Newcrest don't want their voting shareholders to feel they are being sold too cheaply. It's in our interests too for this vote to get over the line. If only things were happening a little quicker. Frustrating. But don't forget the decline continues...
There's an odd one over at Bradda Head. The MD directly addressed what he considered to be an artificially depressed SP via a letter/RNS. Up 27% on the day (albeit still down by over 50% on the year. Not saying Shaun Day should do this as it does smack of desperation a bit but it is interesting to see a very direct message have such a big impact without other 'news'. I'm perfectly happy with the course of things with the video presentation, the asx listing and other events to come. I hope when we push through 9 again that it really will be a floor. It's seems lots of us who bought high and averaged down are starting to move into profit again as we aim for the 8's and above. Hopefully the board here retains a more positive tragectory, the shorts close and aside from odd profit taking we move up solidly
If you then use that mug to have a bit of Winu it sounds like the perfect vessel
Well just to keep things light for the weekend. After a bit of googling I've established that at 88p EACH GGP share could buy: An ASDA Harry Potter mug, a complete meal made by a trolled thrifty mum, a pint in Benidorm or a whole house in Sicily. When my shares realise this price I think I might turn it all in for the trolled thrifty mum meals and forgo the risks associated with downtown Sicily
There was an interesting programme on electric cars today. As usual this government is way behind the curve but at various points during the programme it is evident that Lithium is critical to the future of the Net Zero agenda, even if the timing slips. Some references to mining, supply and demand etc. so whilst not Lithium specific still a good watch for those with a general interest. It also bats away any immediate prospect if alternative technologies bettering Lithium batteries in the medium term: Panorama, Electric Cars: Is It Time to Buy?: www.bbc.co.uk/iplayer/episode/m001mwr2 via @bbciplayer
To put it crudely, everything is a bit wonky due to the Newcrest/Newmont situation. I honestly think the this has been the biggest suppressant imply due to extending the imelines of the catalysts. That said the decline has kept going. The pressure release of good news with takeover complete, a new partner where there is no more tip-toeing around, the asx listing, the dtm - these things are going to come unbelievably thick and fast from the autumn. Until then I'm not flapping over the SP anymore. Once these events tick over I (as should all of you) will decide where GGP are at. If the market doesn't bite off some of that then I will concede I have played this wrong. But not before
Dobbs. What you are doing is known as targeted harassment. You target the same individual over and over. You don't have to like what he writes but the way you pop up is sinister just like a stalker. Most of what you say targets one individual, always without provocation and it is a singularity nasty and sinister way of posting. Reported
Topped up again here too by a modest amount today, but my total holdings overall have averaged me down significantly and I feel really well placed for the upside. There are some real AIM bargains atm even with the associated risks. There are some notable companies with all the fundamentals in place and a lot of de-risking already undertaken or in the process thereof. A lot of the price suppression is down to global uncertainties I feel, but with this and a few other holdings knowledge is key. New markets await us
Very welcome news. I got a bit lucky with the timing on this share having gained 100% on the previous wave, profit took at 87 before the drop and bought again in high 30's. It doesn't always go that way but this time I anticipate a longer term hold based on the fundamentals. GLA
Well I managed to profit take on 85p over there so effectively half my GGP shares were bought off pure profits gained elsewhere even though I have a small paper loss here until back above 8.75p. Back in there so looking forward to the next 12 months for both companies along with another one I hold with a very positive outlook (I won't mention them though or this really will look like cross-ramping!)
Yes Ace. Cleantech