Member Info for Culpepper

There’s always the, possibility only, that the directors will save themselves to invest alongside Australian interested parties, as part of a fundraise. I realise there’s said to be no fundraise in the planning, with consideration being given to the form the asx cross listing will take.

I appreciate you’re joking. Linking volume and price to an off-market local public appearance would be a bit of a stretch, wouldn’t it?

I take the view, as does my bank, that I either have fiat currency in my account, or not, and if I buy gold, I pay for it in fiat. As you say, a currency.
Now, if that currency were backed by gold, I take it your point on Ggp is that govts would rush to buy gold in fiat currency, pushing the price to previously unseen levels, dependent on gold availability.
Is that a very basic summary of your stance? As it affects gold producers.

Always a possibility at some stage in their lifecycle for junior miners, anyway, from what I read.

“Hathaway said more deals were likely — particularly single-asset companies being swallowed up by larger groups. But he warned: “Whether these mergers make sense is another question.”

I have not been to a town hall meeting. I have no questions to put to Mr. Day.
Anything pertinent to investors will come in a RNS.

Yes. Years, particularly if expansion on the cards.
What’s he after? Nothing from a town hall meeting. You’ll get a RNS on anything like that.

That will depend upon Ggp free cash flow/profit, and how much cash it no longer needs to devote to growth.

I have no need to reconsider anything. I was attempting to shed some light on Redtraders post, which got bad reviews from others.

SM. I am still at the stage when I can see that gold trades in a different direction to the dollar, and I think understanding the reason for it. Beyond that, nothing as yet.
Thanks for your response.

Great wrath, of the bb biblical sort.

And to finish, in his post, Red Trader focused on the decline, taking the view that progress on the decline was important, because the earlier and closer it is to the ore body, the greater the value of the project at a point in time. That brought wrath upon him.

You take what you want from a post. It boils down to an IF post on Capex, by debt or raise. Currently Ggp is in principle funded on old FS to production, and well funded on basis of anticipated FS.
IF there is unforeseen delay, issues involving greater Capex requirement, then Ggp MAY require additional funding. Simple as that. But costing etc. may change anyway on FS.

I am out of my depth on the subject, what might or might not happen, though it seems to me that any change to existing arrangements are very far away, no matter who may be stockpiling gold.
I was reading this fairly basic one person view.

https://www.fairobserver.com/economics/is-the-gold-standard-now-alive-or-dead/

My reading of that view, would be that a gold-backed currency, though perhaps giving greater confidence in a country’s paper currency, would not lead to global change.

I know insufficient to debate it.

Or, probably more acceptable to this bb, everything being equal, the longer Ggp holds off buying any more of Havieron, the better in terms of capex only.

Though it makes no difference to me, I’m in here, I’ll put a different perspective on it. The quicker speed the project goes at, the more Ggp gets from it under the 70/30 arrangement, rather than one where Ggp’s %age is increased as some seem to hope, along with capex accompanying it?

I don’t know, but I think they’re just using him to get on with the Allvotec thing, while Smith gets on with other Mxc stuff. . Always regarded him as a placeman after his previous job.

But I read enough to persuade me there’s at least one experienced practitioner in here, playing both sides.

Don’t give it credibility by calling it chess.
More like ping pong. For juniors.

Hold the press!
Greatland Gold posters disrupt ahead of NCM deal announcement!
And 3 already agree with you!
What fun you’re having.