Member Info for Dip666

SP targets are a hard one... your age, earning potential, personal situ financially and goals such as a house purchase or mortgage clearing etc. all contribute and no one correct answer surely?
And thats's one aspect and then the other is what you feel the ceiling is for the company in your timeframe and your risk profile against that too as in slicing into a free run etc.
My gut instinct and cursory research was telling me to invest here instead of waiting to do more research in Jan 2020 as my discipline usually forces me to do so I listened as I have learnt to trust my instincts over time and went in early vs more considered buying strategy - win, even now thanks to a low average!
My gut instinct told me to not slice at the MRE as plenty more momentum along with TA and sentiment - win - at the time!
My gut instinct told me to sell out after Scallywag RNS as I knew sector was due a drop too ... I actually thought screw it, we'll drop back to 20's, late teens in worst case scenario but I remember telling myself I bet I end up regretting it and I think part of the reason now was friends and fam had followed me in, it skewed my judgement - fail!
I'm taking an organic approach here, review at Production as in review the SP, TA, sector and market sentiment and decide then what I choose to do.

Why?
Because only Havieron is a known quantity with a plan i.e production, peak scales from Decline and then ramp up with bulk etc.
Resource size will matter as it gives you longevity of mine life but less so for SP impetus I feel as production, profitability etc. will be key factors too, we will be a grown up mining company albeit as a JV asset owner.
Less defined are new discoveries or inorganic growth and we'll have a clearer picture in production but perhaps more so still speculative vs defined.

Don't let the mistakes of the past determine your future as they say.
Learn from them and adapt your strategy as needed vs letting Fear control you.

You too Aviator and me neither, things will work out here and Aurora has a point - let's all just report the posts from a certain fellow :-)

Don't be shy IOT, I give great hugs, maybe you'll stop being such a sourpuss lol

Disgust isn't 'triggered' IOT and you have to have built this thing called 'credibility' for others to take anything you say as truthful.
You can't go through life feeding off and throwing negativity out mate, will just eat you up in the end.
Dippy is usually used endearingly to me mate, are you wanting a cuddle? :-)

It has indeed Aurora - hope you're well and life treating you and the family good bud. Not a lot of kindness around of late mate sadly....

I think we'll see progress too Aviator and my personal thoughts were by year end for one or two prospects, I am liking the diversity through the these other projects unexpectedly coming through, and yes it's the facts that we should focus on, the rest is amusing at times though :-)

I agree Aviator, sry Claire... :-)
This is a great strategy and another avenue where we can see progress via partnership, we want the deals on the CS Project as a priority of course and I do think there has been enough time now for due diligence on any required testing on top of previous lab data each prospect may have required and we should be in the window to see progress into a potential contract as they try and close on terms, obviously cost pressures may change some of the forecasted numbers but then you would expect PC to build into the pricing to some extent.
Strangely saw a potential client yesterday who had a biz at one stage related to concrete hardness testing at one stage of his career, maybe it was a sign from the gods and I didn't realise lol
Are you sure about this irishdave guy Aviator, does post some interesting stuff but to date not seen much play out or indeed has anything?

We are fully funded now SharkyBruce unofficially and 'well fubnded' offically until DFS published but it is what it is mate, I never said I expected SP recovery more the derisking of us getting financially distressed and cheaply taken over and unable to fund Havieron is dealt with.
The best method to get our profits and/or capital back here is that we go into production and over time the SP recovers for each to decide whether to stay or leave or slice. No quick fix here for where we are IMO in this current environment.
If you're still sore some of us dared to have a good time and humour over it, well that's what you do in life at times, take the wins you can and savour them.
Life gives us all enough ass kickings usually :-)

Max - next you'll be twerking on Insta, slippery slope mate :-)

IoT so you are thinking Aussies grab GGP for 100 percent premium so in a way that's compelling for a new investor buying in so not quite a deramp technically.
Yet you seem intent on getting at those higher than your predicted takeover outcome in most comments, what are you gaining?
You enjoy winding up those who are feeling trapped here, getting some kick out of it or something?
I don't believe you sold any EUA or GGP, pure fantasy and why you are so angry.

@BTD LOL - are you Arnie, giving me vibes here, I always enjoyed some banter with him :-)
Shaun's not got that kind of million dollar charisma mate, comes across very intelligent, considered and competent and exudes confidence that way.
Walking down the road you're not noticing him, you pay attention when he talks more so through interest in his words than him being a compelling personality if that makes sense.
He's no showman character or indeed shaman :-)

Spks - we relist right now then we're losing those large profits we gained and the FCA are being their usual efficient selves no doubt
Hopefully when we do in the new year the market will have settled down and we can see more intrinsical evidence of the growth we're assessing by rather unconventional methods.
The client base has grown and despite being within the tech sector the CAGR for this sector is only going to continue, even with China where profitability has been reduced through only various channels we seem to be making headway.
India is a huge market and having built a presence there is exceptional - in India you have to pay for any advantage you can for education and I do expect the numbers to be great when we see them published.
But as always DYOR and of course for now - we can't do much anyhows as waiting for the prospectus and relisting.

Hi Ace - occupational hazard but I'm not an over thinker or worrier, way too ****y for that lol
I meant I have made sure that what I can learn, I never invest in a sector unless I know it fairly well especially one as unique as explorers. I love taking risks but calculated ones.
I'm here for the long run mate - I know what the potential is here and we're past the biggest hurdle, this is key, we just cleared the BIGGEST hurdle :-)

Hi TT - I broke my golden rule of going heavy into an AIM stock with GGP - it is a one of a kind and I doubt I'll ever take such a risk again, I just kept getting more hooked the more I read up and realised Havieron might be very special and still believe Shaun can deliver one hell of a return here in time and am lucky I got in early.
There were a lot of us in that Town Hall like yourself with plenty of experience with execs at levels even higher than Shaun or just invaluable life experience to judge the man, I saw no one walk away unimpressed.
I respect the experience yourself and many bring here, I've learnt so much and very grateful :-)

Hi MrECM2 - I might be getting confused with Telegram TBH mate and no one can keep up with the insane number of posts here or there so quite possible my friend :-)
What I know now is that there is a lot of misunderstanding touted on these boards about how to value deposits commercially and also understanding of topics such as the Lassonde Curve, I realised last year when I started looking into the valuation methods for myself around the FMV. Same goes for understanding how resource size really feeds into a longer investment horizon - 2020 skewed everything.
Since then I've really worked harder to learn more for myself so I can be more certain of GGP's prospects, I'm not allergic to making money as Shaun would say and fatally bloody allergic to losing it lol
Finding the time to do that is tough but I have like many a lot riding on this company and not leaving it to anyone but myself moving forward to understand and analyse the company although many whose opinions I respect and consider.

A 'cornerstone investment' is NOT a 'cornerstone investor'... they helped us gain the ability to get funding and may well throw more money in at some point if they see an opportunity.
We got what we needed urgently which was assistance with funding Havieron CAPEX.
Without that we would have been looking at a cheap takeover - we are now going to be able to go into production and FCF at some point.
The Aussies will prove to be allies if we can prove we can make them money and that does include SP performance, if not they'll look after themselves and their clients/careers.
Those 3 directors are welcome on any board with open arms but risking their rep's with adding GGP to their CV, same for these Tier 1 banks and Wyloo etc.
This will take time to play out and there is risk attached, you have to calculate the odds and outcomes and decide for yourself - DYOR.

@CJ - always worth comparing the number of shares too mate, I've been caught short myself before by just checking percentages... sorry I couldn't help myself lol

TBF the Lassonde Curves been brought up loads but I do feel what wasn't covered so much was how resources are actually valued (something I am fairly equipped at now with research into Valmin code methods) and how you need rubber stamped JORC and funding type milestones to be appropriately priced in. Also too much was made of how the orphan period wouldn't affect us bcos of Telfer but there are otehr factors that cause the Orphan Period besides infrastructure....
Panama is just looking for diversity is what I I read from her post and anoethr chance to play the exploration leg perhaps of Lassonde when she has spare cash than slicing and reinvesting.
I don't think all eggs in one basket is a good approach but GGP may well be the exception to rule and in theory we have production rerate and hopefully sector rerates to help.
I favour 5-6 stocks with 2-3 with serious positions and heavy research and 2-3 wildcard binary or diversity plays when I go Gung-Ho vs FTSE mode. GGP is a rarity for sure, it's why I went heavy for the 1st time on an AIM stock - there won't be many chances in this sector like this as huge discoveries with accelerated path to production are rare from my understanding... but if anyone does have a time machine, give me a buzz, we can work something out! lol

P - as promised - let me know how to invoice you lol

https://www.mediafire.com/folder/3mvw5bggn97yg/ALIEN+METALS

In UFO too Panama and ditto on that niggle but give it a good kicking like you were trying to give Shaun and tell yourself it is a new beginning and plan B :-)

UFO very promising Oz projects with near production too on one by mid 2023 and a pivotal funding hurdle to climb soon to achieve that but promising so still a few milestones to tick off and experiencing the same challenges as here with sentiment, will post a link on that board with some notes, nothing like GGP stuff as am using GGP to learn about the sector and will always be my fave for research as I learn so much too from others here.

As Jerry always tells you though patience is key, here or elsewhere and be careful of tips as we all get too attached to our faves :-))

LOL Freddie - when YOU started getting positive - I was like - oh crap there goes that sustained rise :-)
Big mistakes such as not capitalising on a huge Stock market bubble rise or buying down into a sector slump take time to correct is how I see it now, I think production rerates happen closer to production and 'officially' it's still being touted as early 2024 but I think we have a great chance of it being pushed into 2023 - again we'll need time to see if this is a correct assumption and the next couple of decline progress updates will really help establish this probably.
It's bloody tough out there for most normal folk now and buying stocks is hardly their first priority... insto's need rubber stamps not assumptions on DFS/DTM and also can time this way better than we numpties have and pile in when they want - after all, it is them that will be causing the next leg up, not us humble PI's....