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The FTSE has only gone up 10% in 24 years. So massively, massively down in real terms.

Pension funds (ie yours, the publics and my money) are long. So the spivs, by keeping share prices down and going short, slowly transfer our money from us to them. A very easy win. The UK stock market is screwed.

Bought some more.

That 6.2 got the SP hitting the bottom of the down channel that started Sept '22.

I still believe there will be a raise on ASX listing but it'll be on the back of good news - assays hopefully. SD's not stupid.

On Newmount/Newcrest - all the duedil and regulation hoop jumping will not get their deal over the line for many months. So staus quo will remain and so they will keep digging . I believe we may even be at the ore body by the time the deal finally happens. Newmount will then see how things go. I don't believe they would put the mine up for sale straight away (if that was the plan). There will be too many other things to do.

See you at 44p. The present 325m market cap is too low for the potential mine income many have calculated.

At the end of 1999 the FTSE hit 6800. It is now, some 24 years later, standing only 10% higher. By comparison the Dow Jones is 300% higher. The dollar is stronger now too.

The market makers haven't done very well at making a market over here these last two and half decades. Maybe fleecing everyone isn't the way to operate.

Ha ha - my comment looks like it's aged well!

Isn't that what Wyloo money was for.

I've always thought this is a good buy if MCap below 400m. I still believe that to be very much the case.

Sells not affecting price. Buyer in the bkgd.

I think that hit is on the cards!

My thoughts re; ASX listing and developments is that the ASX listing will be accompanied by a raise but not at these low levels. It will be as SD said, accretive - on the back of a hit, maybe on Rio tenements. It is why the rigs were straight on to those Rio tenements.

I think for GGP it will be a bad look to do otherwise. A raise at 14.5p. Then the Wyloo buy in at 8.5p. To do a raise at a lower price will affect credibility with the wider market and those that have already bought in. That said a raise for me feels inevitable, Oz ii's won't buy big on the open market. If we have a hit it all plays out to everyone's favour. This way GGP don't have to release an updated MRE too early and keeping cards close to chest and things sweet for negotiating if that 70% comes up. for sale

I don't get the sense that they need to raise. They have enough payments coming in later in the year to completely counteract the increase in debt this half year. FCF neutral for the year was repeatedly said in call.

Another TenneT award by the end of the year mentioned in Analyst call. Another $2bn? Call also had focus on margins. They are only going for contracts that offer good margins. They have learnt their lessons.

I think they've made their money on PFC and will move on. The order book is too strong. The share of $13bn contract never got truly priced in, nor the end of the SFO. Chart is really good - above 200ma, 50 ma turned, golden cross coming, bull flag - except for gap from 45p. This is a very good recovery play.

What headlines are the press going to choose?

"Debt doubles as legacy issues continue to haunt Petrofac"

"Order book more than doubles to finally put Petrofac on the front foot"

4m is 1% of company. Big deal.

Good spot Gilljoe.

That's only a 40% up lift. Are they mad?

On the daily 50ma starting to look like it could cross 200ma. Last time it did this to the positive side was Jan 2020.

26.6. At the 50 day MA. Can it push thru?

I've tried to be patient but it's impossible. Bought myself some more!

GLA.

I've never seen a board with such a persistent negative campaign. I'm very interested to see how this plays out. Regards.

Really obvious triangle on the charts. 74/75 could represent a breakout if it takes a few days to get there. The Hitachi deal will get priced in eventually.

Nice flag on the charts. We break 70 and we are off to the races. Expecting a big buy/UT at close.