Member Info for Dip666

2025 isn't all about the GDXJ which will work out one way or the other but is only a small part of the puzzle given the major events lined up next year.

2025 will be a pivotal year and one where I have no doubt that the short term strategy in place will be executed flawlessly. The other side of the coin of course is for the team in getting the market to appreciate GGP which is less predictable and only time will tell.

Starbright is in no better position to predict how GDXJ will work their little conondrum out than anyone else in the community unless he can predict how they'll act with faultless accuracy.

Merry xMas all and personally I'd focus on enjoying crimbo with your loved ones because none of it is in our control.

We will see where the winds of destiny take us in the next year, again, only time will tell whatever is posted here by anyone.

Sorry ace, that means you too!

Merry xMas all ;-))

@sb, I know what I know and I know what I don't know and this is one area I am somewhat of a white belt in, so open minded to a variety of views.

I had no strong presumptions of a huge rise just simply due to the new issuance of so many shares, that in itself was a big differentiator from the 2020 event.

That's an interesting conversation with Jerry and SB and the whole GDXJ situation has been very confusing to some extent.

The assumption after Hydro made them action the correction in 2020 was that they had to maintain strict adherence to a iron clad mandate at all costs...

The reality that appears to be forming is that their rules are more a loose framework that actually allow them a lot more flexibility than presumed...

In some regards, they can apply the rules as they see fit so might be free to correct their error at their leisure and try and avoid paying too hefty a cost.

It certainly is a game stacked in the favour of the big boys.

No drink or drugs involved Ace- but give it a few hours mate!

I'm that craaaazy when still sober and I love all the really funny and creative replies too - all part of the fun and TBH not been much of that this year with many of us not really in the mood for funny posts, poems, stories and all sorts of fun we've had in past :-)

In 12 months time we can only hope we'll all be speeding along in upgraded carriages, leaning back sipping our choice of drink looking out at serene beautiful fields of gold...

Hi Rotherby, your story made me chuckle as for sure when your parents come from harder lives, it's these moments that as you mature make you realise how lucky you are as they struggled so much to give us better lives. I wouldn't change a thing about either of mine who sadly are gone far too young and a constant reminder that time is so precious with our loved ones and to cherish every single moment :-)

That train journey ended up with an amazing experience, when we got to the town we spent another hour or two I think it was walking up steep mountain steps waiting for the sun to come up in a large procession of people as the temple opened at dawn .

As the sun came up, everyone in the crowd started singing some hypnotic religious chant, the woman singing some verses and the men others, it was pretty insane and magical and made every single moment of that train journey worthwhile... a priceless experience.

And you know what, my dad explained why he'd booked those cheap tickets years later when I teased him about it. He'd wanted us to go through some pain from our easier lives to fully appreciate getting to the temple just like the first time he made the trip with his parents, he said if we'd taken the posh train with the fancy seats and facilities it wouldn't have been as magical at the end.

As for Shaun and those power players on our board, they may well all be gone in a decade but if they do their job correctly then they'll have set up the next Newcrest in some ways and some other perhaps younger shining stars of the future will come in to make their names and push it further I'm sure ;-)

And you know what, this conversation is a reminder of how we've all shared so many amazing stories and experiences in the last few years, even meeting up in person over a few drinks. It's never just about the destination, it's about the journey too...

@Tymers - trust a selfish self absorbed and materialistic fool like you to miss the purpose of the post :-)

The market doesn't like uncertainty and GGP is yet to reassure their stated vision is viable - hence the SP.

And while we all have different averages which offer a certain level of comfort or fear - ultimately we're all on the same side with the same objectives and have all been on the same rocky road for the last few years sharing the pain and joy.

Consider the following trolls and FUDsters:

Which is emptier?

The space between your ears or your sad lives that drive you to find joy in causing others misery?

This is an investment case that has DRASTICALLY altered outside any our control and IMO much harder path than a JV with a good partner - it’s going to be a harder journey but one we had no choice in pursuing and ultimately maybe more rewarding in the end. But that can only be judged in hindsight in the years ahead.

And the harsh reality is that if it all goes a bit Pete Tong - what class seat you had won’t stop the consequences from being just as brutal.

This is investing - no such thing as a definite bet - but we sure as heck can remember to be decent human beings and respect and support each other in a way that our loved ones would be proud of us - the same ones we are hoping to enhance the lives of.

As for the actual trolls and FUDsters - they enjoy the infighting - so why entertain them?

Merry xMas fellow travellers :-)

#CommunitySpirit

1st class holders - here be your insto's and your retail newcomers or LTH with averages around the placing and under double figures - as guaranteed as you can get of a good seat in this game - not immune though to a train that might end up crashing down the ravine - but even in the most harshest of outlooks - most of the journey should be spent in relative comfort.

2nd class? - Well here be those holding from around double digits to mid teens perhaps - less leg room, harder seats but comfortable enough, hard work in the beginning but as terrain gets easier, these will more than do…

3rd class?- Well as someone with a tight ass Indian father - I can tell you having spent an overnight journey as a youngster with him and one of my brothers on an overnight train in India many moons ago in what I presume was 3rd class - this was no effing joke!

Packed in like sardines in cold conditions in an unsealed carriage with no seats or fittings - as it chugged its way in what seemed like an eternal night towards a temple in the north in winter time - too worried to sleep in case your belongings got lifted while your butt grew ever more sore and numb rom the cold and discomfort of sitting on the floor. I guess we were lucky we didn’t end up sat on top of the bugger. Good job my dear old mum hadn’t been able to make the trip as we had a shop to run - else he’d have ended up under the train lol

Perhaps a bit of understanding and compassion isn’t too hard for those of our fellows not sat in 1st and 2nd class carriages - as many of us have now shared this journey for at least 3 years or longer. Many of the 3rd class ticket holders didn’t just join the journey yesterday - they sat through the same twists and turns where the old GGP, that old train almost derailed a few times - since those oh so heady and joy filled days of Havieron being discovered. They too desire the same for their loved ones as those sat in more comfort.

Make no mistake - this journey has a destination that is still unknown - but should the team deliver as we all hope and expect they will - we’ll see the carriages upgraded in the train where we can all enjoy the journey in comfort. I don’t consider those showing concern of losing life savings FUD with where the SP is at the minute, perhaps some could be trying to articulate their fears in a more calm manner - but concern is understandable.

The journey begins anew… the destination is… unknown.

The past lies behind us- a tumultuous journey of highs and lows, tears and laughter, pain and joy and ultimately - it lead to death.

The death of the old GGP - all that remains is a husk, an empty vessel that the elements will grind down and reduce to nothing more than a few specks of dust making up the sand dunes.

Death however often heralds rebirth.

The birth of a new GGP.

However, this time the train isn’t being drawn by NCM or NEM’s but by GGP, while the train is now run by GGP - the tracks of fate - well they might still take us to one of many probable destinations.

Where might they lead? How far ahead can you truly see?

A year, two years… perhaps three at a push - but the rest - a risk as you can only predict so far ahead with any measure of certainty.

The current SP is a reflection of this harsh reality currently… there are still many questions to be answered but I’m going to articulate the way ahead as I see it in more abstract and generic terms…

Will the tracks lead the train to… a multi billion dollar company, or will GGP itself be swallowed up by another larger adversary or perhaps the track ends abruptly at a bridge that has rotted away, sending the train careering down a ravine into a raging torrent of water churning with the wrecks of many other failed companies?

This ‘ain’t Disneyland we’re gently cruising through in a Mickey Mouse themed train - these are the wastelands of AIM we’re navigating!

Time and Risk - every existing and potential passenger must decide this for themselves in how you plan this new journey - a journey we MUST remember is ultimately unmapped and leads to an unknown destination and until GGP can prove to the market they understand the terrain and are prepared for it, those tickets aren’t going to be demanding high prices to get aboard.

And this isn’t a train with universal carriages, it’s one made up of 1st , 2nd and 3rd class carriages.

The grade of your ticket - well that’s your average ladies and gents…

I think it suits wyloo to have GGP publicly listed for access to funds and future Oz deals once on ASX...and would only see twiggy taking us private if GGP not performing but can't deny they will have a firm hand on tiller in future and he is an unpredictable bugger, twiggy that is.

As long as the SP is much higher in near future I care not, Newmont did what they needed to do to get deal signed as with our ROLR on Hav it dissuaded others and Newmont happy to be rid of both assets as don't align with their focus, it was a win win and they've shown to be good with Endeavour in a similar scenario.

A junior was never going to manage this transformation without a JV or getting into bed with someone like Twiggy, and he does seem to like being in control of course, he's a grandmaster on a different level, and entrepreneur, visionary and empire builder not a soldier like Shaun and most of the board who run other people's companies albeit the cream of the crop but entrepreneurs are built different.

What has happened was always the next step... we are now a big boy company that will also be run for the big boys by the big boys and our averages dictate how close we are to also being beneficiaries of the growth in future. I was somewhat surprised at deal structure and see the benefits in alignment to strategy but boy.. that was a shed load of new shares issued. 2 weeks in is all it is yet so we will see how it goes in a year which is more the timeline needed now.

The deal favoured attracting institutions in and a new start as no company with multi billion dollar aspirations wants us retail types cramping their style as such. I don't care as long as I see a huge rebate in what should be a key year in 2025 so should be reflected by SP growth. We have key milestones which should be reflected by a big rerate if the team do their job correctly.

Now is the time you should judge Shaun from when those milestones start being ticked off over the next year. But it's not our company now, it's part of the big boy club so as retail we also need to keep sharp and agile and understand the reality is we are passengers.more than ever.

It's been a torrid journey in truth with NCM going rogue and NEM deciding to divest but hopefully 2025 sees the roadmap executed with a flourish to get the mcap growth we should expect.

GDXJ haven't yet corrected their 'error'.

Perhaps the shares were being purchased last week etc. but the transfer still hasn't occurred as such and tonight in theory is when.

Might just be the general market downturn of last few days also causing recent drop as well as front running for GDXJ beforehand.

Let's see if GDXJ rebalance occurs tonight to see if this is one of the factors that's created a pull-back...

And also these:

- Info. here on Cross and Dual listings

https://www.ggpchat.co.uk/viewtopic.php?t=434

- Notes and threads on the topic

https://www.ggpchat.co.uk/search.php?keywords=cross+listing

https://www.ggpchat.co.uk/search.php?keywords=tophat

- Everything related to the deal and roadmap ahead

https://www.ggpchat.co.uk/viewtopic.php?t=969

And a 5hr round trip for me mate else I'd have definitely popped down for a few drinks and old mining stories from you :-)

@ace - of course -we're both working at HQ unlike your satellite office, but of course we respect your efforts, when you drag your butt out of the pub that is :-))

Just as an aside from one friend to another.. Shaun's starting to question the enormous costs being claimed for 'client lunches' every Friday afternoon... once a bean counter, always a bean counter I guess lol

Thanks MrECM2 - useful paper I had a quick look at, Page 17/18 for NSR key events mapped out against LC for instance.

If NSR could achieve a 360% increase in SP from acquiring Paulsons and jumping into production through an acquisition then I feel my personal target for next year is more than justified in how I'll be measuring GGP and Shaun in particular.

Will take up to Q2 though for first quarterly reporting and also a Telfer update to start articulating the case for an extended LOM at Telfer to put some concerns to rest though.

As per Dec 5th RNS:

Currently, discussions and testwork are progressing with four separate groups:

The nature of the discussions, and possible deal structures, are different in each case, reflecting the different objectives of the interested parties. Ongoing discussions have included simple offtake arrangements, joint production arrangements and the outright sale of the projects. Some discussions relate to just one of the pozzolan projects, others to both.

1 · a large multinational cement company that has extensive cement and ready-mix businesses in the western USA. Discussions with this company originated some time ago and have recently been revived with renewed testwork in progress aimed at introducing the Company's natural pozzolans into its ready-mix products.

- TALKS REVIVED AND NEW TESTING BEING CONDUCTED, HOW FAR INTO PROCESS IS UNKNOWN

2 · an existing multinational industrial minerals producer looking to produce various cementitious materials for the mining industry. This company has completed initial due diligence testwork and a due diligence field visit to the CS Project.

- FURTHER EXTENSIVE TESTING TO BE CONDUCTED IF THEY WISH TO PROCEED FURTHER?

3 · an established industrial minerals company which is considering use of our natural pozzolan as a beneficial additive to their existing planned production of cementitious materials and is continuing its testwork programme. Initial testwork was successful and a 25-ton bulk sample has been requested for grinding testwork and to produce samples for customer evaluation.

- WAS THIS THE SAMPLE JUST SHIPPED?

4 · a private group looking for opportunities to establish a new natural pozzolan grinding facility in Nevada. Testwork is nearing completion.

- PERHAPS MORE PROMISING IN TERMS OF TESTING PROGRESS BUT DO SRES PLAN TO WAIT FOR OTHER COMPANIES TO TEST BEFORE COMMITTING TO ANYTHING?

Link to Rick Rules full interview and 25m in for GGP

https://m.youtube.com/watch?v=mYP_6RL3zlQ

I would listen to the whole few minutes as talks about evaluation quarter by quarter and how in a year things might have changed for better or worse.

The point is to evaluate regularly even if considering a long position I think, as circumstances and scenarios can change, so always be agile IMO.

Expecting a 10 bagger into production is always touted on these boards but exceptionally rare for a junior and 'hype' vs fundamentals generally a strong driver for the very very small number of outliers who might manage a 750% gain from DTM to first production from 5 out of 124 cases covered by Lobo Tigre in his 2022 annual PPSS report.

It's a bit like the sky high 'in the ground' valuations some post without understanding how to value mining projects and assets properly. We've been here with PC before- so a potential new investor will probably wait for a deal to be announced than have faith in a deal being close for CS.

As for Tolsa, perhaps the expectation is that they'll extend again hence the lack of market interest - I still think it's the team and lack of progress in closing deals on key projects holding off new investors alongside AIM juniors and AIM sentiment not being as great as 2020 etc.

Just emailed GR and investor relations that I want to see an AGM voting breakdown (stating that having that kind of transparency is considered best practice) or a reason they won't share and also a definitive idea on timing for rescheduling the webinar - takes 2 minutes to send an email so worth a try.

ir@alienmetals.uk and gr@alienmetals.uk