Member Info for Dip666

He's going no where for the time he's commited to at the very least, no one can speak for him or what he or BOD members might do in future, even they might not know what they decide in a few years, life sends plenty of shocks and surprises.

We know Shaun's committed to a certain length of time but of course being a smart guy he's going to keep his options open as his success here at GGP will lead to being very in demand in larger organisations too. I imagine Twiggy might have plans too and of course he might choose to stay but he'll have many many options - so don't get too fixated on him managing GGP till his last dying breath :-)

Being scared to talk about him or BOD members leaving is a bit ridiculous - their job is to build the foundations for long term prosperity which also requires getting Hav into play and from there if they've done their job (very likely) if they do move on but are replaced by highly competent people (more than likely given the DNA the company now has!) then there won't be any issues.

Personally - this investment has set many of us up with huge returns and many others with still very very meaningful amounts making life much easier moving forward. But numbers on a screen are always just numbers on a screen and those who have a few decades experience in the markets know how these numbers can change overnight in certain circumstances.

You always need to be very vigilant having significant amounts of your net worth invested in the markets than be blindly looking decades ahead - it's a cruel mistress. And embrace change in future IMO (yes you too Doozer!) - none of these guys leading the company or in BOD are spring chickens and all very much in demand, I don't expect any major changes yet but they will occur at some point - as they always do :-))

Ditto with what James just posted, important to keep a wider eye on the other market participants going forward than too narrow a focus on just GGP as we seem more correlated to asset prices of course now.

We're not a AIM Junior explorer any more and it's also heading in HY Reporting season for Oz, so perhaps that will play a part in miners being assessed against each other in Feb :-)

Is phase 2 when your hens lay more eggs Moony lol

I think we really need to be clear that the SP doubling doesn't 100% mean that your shares will be twice as much in real terms - lots of factors will come into play based on what is feeding that rise, how long it takes - or doesn't, hyperinflation, FIAT devaluation etc. etc.

The old ATH isn't far out of reach now but should you cash in your shares then you won't have the buying power you had in 2020, you need nearly £10 now by my loose estimations. But I'll still enjoy breaking the old ATH :-))

IMO, if you don't need/want to sell for some fun or helping loved ones out, does seem a good plan to be invested in miners and still undervalued as the company builds into it's value as a new producer and a well performing one especially but DYOR.

What makes sense today may not in a year or it may be even more true - things are very volatile and unpredictable - so I'm just settling in for a potentially long hold based on where I think the world might be heading BUT staying very alert and mobile if needed to react quickly.

With every fool also come hard lessons.

Oh Moony... is this the same 'we' that were trying to convince folk to sell GGP before it crashed to 350p in late December... cue one month later it's double your suggested SP.

Let's hope you can call something correct for once Moony lol

And not pump and dump like Tymers and Moony 😁

CA probably understands the markets and sector better than anyone on here, it's a good sign he changed his mind due to seeing that it was macro and institutional type buying here.

Too many still very emotional and possessive about this share despite the last few years. IMO it's wise to focus on the external factors too that shape this very very volatile sector as while they favour goldies and GGP is not experiencing issues there are few better places to have exposure.

But should that change at some point, then just like early 2021 it will make sense to consider other strategies.

Don't get too caught up and too insular in your focus , the art of making money is learning to manage and grow your treasure over many years, not just be a flash in the pan ;-))

Sounds like Victor Tymerstein sold out this morning....

He seemed to suggest

- around 30K towards new projects, perhaps gold related plays?)

basically said UFO couldn't afford to move forward with EH and MM

- so made sense to JV out

- nothing in the interview suggests to me that anything monumental is going to happen short term with Hanc*ck.

IMO it is increasingly clear that they may need to increase the resource to gain a decent deal of some kind than what has been previously put on table from anyone - so they seem to be considering the best way forward with the iron ore given they will need to spend more money than any deal being close.

A good point to have a check in with Moony's top group of Analysts...

https://youtu.be/-7wJ5PMLvF8?t=7

25:43

CA- Good, good. Well, I'm feeling confident with you in charge, Bruce. I guess last question for you, sir. For, you know, shareholders, many of whom how, you know, there's another way to describe it long suffering. What would be your message to them going forward into 2026?

BG - Well, I can just guarantee you that I'm working exceptionally hard for all of you. I've been in a similar situation, you know, where we've, as you say, long-suffering and, oh, God, how do we get out of this one, you know? Well, I think it's, you know, our fortunes are changing. If you just sit and look at the fundamentals, look at the change that we've actually managed to do in Alien in the last sort of 12 months.

So instead of having these dead assets, like uh you know um west coast silver or munni munni the you know the gre… uh you know sitting there doing nothing uh all you're doing is paying out rents and expenditure on these tenements uh okay we we've we've sold them off i'll acknowledge that we've still got a 30 interest we've got shares and whatever um we're a damn sight better off now than what we were you know six months ago or five months ago whatever

And that situation, we're going to carry on building on that. I think that's the important thing. Build for the future and find some more projects. Look at these iron ore projects. Work out a good deal. See what actually meaningfully can be done. I rarely lose patience when I sort of hear all this nonsense about... People saying things that have no substance, that just annoys me because it's not reality. I guess I'm just a realist and I'll always tell the truth.

So, you know, I guess what I'm saying to the long-suffering shareholders is, please just hang in there, support us. We'll be working for you. And hopefully in a fairly short time, give us a year or whatever it is, this company will have turned a corner and it'll be a powerhouse.

So that's, I guess, my message. And I'll be doing everything I can to help you.

End of post.

ca - well, this is the thing, right? i mean, the study that was released a few years ago, and obviously this is probably, well, it is out of date now, but 146 million australian dollars pre-tax mpv. um don't put numbers in your mouth but i mean the choices are do you want to go explore it more and drill it or do you just sell it and then use the money to do something else and you know and it is it's not the easiest to make that decision and then and then on on the other side of it i guess the question is for elizabeth hill for the silver and also for munni munni for the pgms what are the next catalysts coming up what's going to come in the next sort of four to six weeks that are going to get people excited in the alien story

bg- well, certainly, you know, you're right in terms of this iron ore. i mean, you know, people sitting in london or wherever in the uk, and, you know, i'm a uk citizen, actually. so, you know, it's a different world over here. i mean, we were flying two hours from perth to karratha, which is, you know, the pilbara where our assets are, our tenements are. and also obviously further inland where han**** and them are.

australia is a continent on its own. it's expansive and it takes a long time to get to these places. and when you get there, there's nothing. all you've got is like 40 degrees c and there's no water and there's plenty of flies, et cetera. so this is not a simple operation. so you need a lot of money to be able to do anything logistically, et cetera.

so we have to be very careful what we decide in our various strategies and our options before we commit. and i guess that's my message to everybody. you know, there's no point rushing in. and that's why i've got mark budotsky next to me to give me advice. and let's get the best bang for the buck. so that's the key. in terms of where we are right now… [continues talking about eh]

20:56

i think we need gold, i think, is my personal view. if you've got silver, you've got platinum, you're missing the third one, and then comes a very strong story.

contd.

just reading the transcript and not sure there is any indication a deal for han**** is in play at the moment, looks liek they'll be thinking more about how to proceed and possibly more likely perhaps to see some new projects sooner, perhaps a gold related play?

excerpts:

13:06

bg - and alien certainly, in my view, is de-risked, which i think is good. and then we've got the han**** assets, et cetera, which i'm actually reviewing them with a i use the word a fresh set of eyes. everybody's got certain entrenched views about it all. i sat with mark podotsky. he's an iron ore specialist, and he actually works for erm, as it turns out. i've known mark about two years. he's a great guy. and mark's giving me some good analysis about these projects. and from there, we'll make some sort of informed decisions. but the main focus right now is just settling down gre.

14:05

ca - with alien, you have the silver, you have the pgms, you have the iron ore. and potentially, you know, it becomes harder to get people to want to invest in, you know, in multi-asset companies as a general rule in the small cap space. and i guess the next question is, you know, what's the strategy going forward?

because obviously we have cash, there's no rush at the moment in terms of, you know, we're not under any financial constraint. on the other hand, if you want to go drill han**** or you want to bring on board another asset, that also costs money. so what's the strategy?

bg- well, you're right. my view is i just want to get debt free and have some money in the bank. we've just done a capital raising, as you know, in alien, and i thank the investors and the supporters who have actually assisted us in that capital raising thank you very much we will ensure that your hard-earned money goes into the ground and adds value to your investment and i know there's a lot of people out there that are hurting at the moment.

and, you know, all i can say is, well, please give us a chance. hang in there. we'll be doing everything we can to turn this company around and make it a wealthy company. i actually, one of the things i want to do, and i am doing it already actually, i've identified a couple of new projects, and we can get into these projects fairly cheaply and quickly, and it doesn't take long to determine whether you're actually going to stay in the project and go into a joint venture or get out.

we're talking $30,000, which is nothing. i know i've got a lot of contacts, and it's a question of selecting, a, the people that you want to work with, firstly, and secondly, the asset, the location, and what is it going to cost to have a look at it. so we're doing that in a very orderly manner. and i see that as the way forward for alien, as well as looking at the iron ore in an objective light and just saying very, very carefully, well, what's the best opportunity here for the company? and have a good hard look at it.

contd.

Https://thatstocksguy.substack.com/p/alien-metals-3b0?utm_source=podcast-email&publication_id=1504413&post_id=185313981&utm_campaign=email-play-on-substack&utm_content=watch_now_button&r=1qo2az&triedRedirect=true&utm_medium=email

We seem to be following the other producers on ASX generally - to be expected as a producer and the news probably helped absorb some of the impact.

Just as when we used to follow Newcrest updates, the team will make consistent, predictable and regular reporting as would be expected by the increasingly institutional shareholder base.

The update was fantastic and will help build the new narrative for Telfer being anything but close to EOL :-)

Seemed pretty obvious that SP might be slightly down overnight due to what was going on yesterday though, so not sure why anyone would have bothered losing sleep over SP watching on ASX if UK based...

Still plenty of reasons to be invested in goldies and especially GGP, a few just need to chill out a bit and try and enjoy the journey than fret constantly about every single shift in SP as if day trading :-))

So loony moony, you enjoyed a run your 'team' very obviously didn't expect and missed out on?

Is that like watching other people go for a run thinking you are getting fitter just by watching?!

Man... those pet chickens have got a higher IQ than you 😄

@Moon - 'we continue to move'... - but you're not invested here loony-tunes- the only 'we' are the multiple voices in your head sadly.

So summarising...

• Bruce Garlick moves from NED to Exec Chairman immediately

• Belinda Murray steps down as Exec Director from 21 Feb and in consultancy capacity until 21 March

• Elizabeth Henson NED has also assumed the role of Snr Independent NED

• Michael Carter continues as a NED