Member Info for Daz423

It is very rare that PIs can get access to a stock before large Intuition's, mandates blocking them from buying on aim then flood gates then on ASX.

How i look at it, we will be open to business for a much larger pool of money soon. How often do we one up MMs and iis, take full advantage of this moment.

Atb

Bamps

well i cant change my view without info that you believe to hand, i imagine that is WDD related i know you are a fan, ofc i dont know if that will max out telfer, ofc if we can max telfer with our own mining that is the best case scenario, however if we cant, we may aswell scoop up antipa.

atb and enjoy your presenting.

Hi howezap

id like to draw your attention to this rns

https://www.lse.co.uk/rns/GGP/two-jv-agreements-and-funding-for-havieron-i7a329w9px7bs18.html

capital was willing to be provided before the PFS and i am not talking about providing capital to antipa i am on about allowing assess to telfer mill at a % cut.

bamps

in relation to your point and the weaker grade as you state, what else is going to maximise telfer in the mean time ? parklands is even further back in data.

atb to you both, healthy discussion.

x2 JV/farm in for GGP before the PFS stage, infact two year before.

Howzap

you only need those level of confidence if your either A taking over B JV funding the project. That is very different to a split JV which often occur before studies, think early days JVs with GGP with little Hav data, still got them.

JV is simply a agreement to say prove it we will have it and at scoping theres reasonable enough information they can start providing ore.

MH01

also I am of the view antipa will be taken on by GGP. I know he has said there is plenty of organic growth however a JV doesn't need to cost GGP anything. They have cash they can mine it and bring it to telfer for a % split there is no point only using some of telfer capacity and not putting all of it to work.

With the reason prospectus he states he wants to be 'hub of patterson' in order to do that he needs to consolidate the finds around telfer. SD wants the lot. Antipa wont get funding from a major or a JV its only tier 1 finds that really get snatched up. So they either try and get a loan hammering them into dept and have multiple years of building a plant and all the legal that comes with it. Or they bend to GGP and accept a JV where we take % from bottom line. Once we hit capacity at telfer with hav and w.e from organic growth antipa can look to buy back % of us for control by which point they can look to build their own processing facility. Alternatively we maybe at a point then where we offer to buy the lot.

Ultimately my view is antipa must be acquired.

Genesis mining listed ASX peer comparison

Market cap

$5bil - £2.5bil

Shares - 1.13b

Aisc - $2300

Production 60k oz gold Q1.

GGP

Market cap

3.6bil- £1.8bil

Soi post consolidation - 670mil

Aisc - 2100

Production 90koz Q1.

To play level and catch up with genises we need a 30% increase in SP. More over we also produced 30% more gold.

So to be 'fair' id suggest a 50% increase on current price levels.

This is not factoring ANY value yo havieron. Telfer extensions. WDD ect. Q2 results.

All good mate it's a forever learning game. 👍

Up* stupid phone.

Martc

Let me unskill you.

Understanding spreads is really important to knowing what the current plans are for the MMs. They have phases.

They are in accumulating stage meaning they dont have stock they want stock. MMs dont hold millions of shares of a company because its risky they like them in hands out of hands as soon as possible.

This is the basic market mechanics so just because talking spread now doesn't make you a trader it makes you savvy to the what their strategy is for the up coming days, weeks.

Atb

Oh look MMs at it from open 13.3 - 14 lovely wide spread 😂😂

They desperate for your shares !

Time to lock them out from having them ! Game on !

Mark

When you put the prospectus in AI to summarise it, it just comes up with 'buy'.

😉

Taverham

Gold fluctuating is alot more than just the tarrif nonsense.

US 30 yields climbing to ATH. Debt spiralling. Dollar weakening. It's the underpinning of the US economy over just trump stuff.

I dont expect gold to hit dizzy highs like some are expecting but I also dont think it will ever see sub 3k.

Atb

Over the last few days in have been monitoring the big ETF US investment social media accounts some with millions of followers. Reason being i am trying to ascertain macro sentiment. These pages are hype pages mostly very much tunnel vision for the upside of US economy. The comments are interesting there seems to be masses of mostly younger generation 'im buying this dip like the last' this leads me to believe that US economy is largely being held up by PI money why the fat cats who are vastly more experienced and have proper funds are rotating out of US and yields.

The writing is on the wall that when the buy the dip keeps dipping the sell off will be steep and a shot across the bow of the in experienced PIs.

Although I was but a kid during previous collapses with age still very much on my side still I researched into what occurred why it occurred and what warning signs were.

Essentially every time trump throws out something market rocking the big whales will think we have 4 years of this and it will further support decision making to rotate out of US.

The tarrif saga was clearly not enough to hold him to account and what's next ?

Atb

Kingjoe

Decisions dont always make sense. But ultimately they need a cash injection something has to give post their merger. In same way when a fund sells of GGP which seems madness but it's down to that company ect and or w.e they have to service. Especially if they are a dividend paying stock. If PIs dont get their dividends or they are weaker than previous it will absaloutely trash a company value.

Atb

Mr Bellers

Good read skimmed it obviously. I will summarise it. There is gold and alot of it.

If your unable to see the growth potential of likely multiple times current market cap in a relatively short time then maybe investing isnt for you.

Anyhow I see the spoons residents are appearing assumimg was a 10am start on a sunny friday and now 12 pints in. Probably best to avoid LSE until Tuesday.

Atb

You wait looking at how the shares are being managed by SD he is completely market aware and is 100% aligned with share holders.

SD is going to come out the blocks at pace once on ASX with updates on all fronts because why bother doing it to a dead aim market ?

Four weeks can't come quick enough for GGP.

Mad scramble for shares. Good luck !

1. 2. 3. 4. Continue to operate Telfer profitably Extend the current Telfer 2-Year Outlook Develop and optimise Havieron through to production; and Seek to leverage the Telfer infrastructure with a ‘hub and spoke’ strategy in the Paterson region

Basically. GGP are taking over the Patterson region.

Lock in !

Moreover this is the reason the BOD purchased their shares pre ASX listing. They can still obtain volume.