RE: What did we learn from yesterday...6 Feb 2019 09:28
"Ive no issue with additional raises if its to go after something that will accelerate flogging this! i.e 2 drill rigs...........?"
I'm sorry but the writing's on the all here, imo. And I'm a long-suffering holder who just these away in a bottom drawer.
GGP has immense, extraordinary potential that is really has fudged over the years. GH could have long since sold off Firetower and/or Warrentina and concentrated (sensibly imo) on diggig up all that lovely much-needed cobalt at Panorama. Instead they went chasing after gold at Ernest Giles, a veritable impossibility for a tiny company stuck in the middle of some of the most hostile terrain that even Newmont turned down.
We could have been well on with the major cobalt play by now, instead of pissing in the wind with EG. Haveiron is good, of course it is, and probably by now the company maker (because god knows, nothing else seems to be coming to the fore any time soon). GH sounds to me like a man who will move on soon, leaving the company in the hands of his geologist. We'll see. And of course it's not all doom and gloom but it is traditionally one step forward and two back with GGP. The horrible AIM is well accustomed to the spiel coming from head office and plays to accordingly. Aka, it knows very little of substance will be happening, no asset sales and endless drill campaigns with a company that needs to be six times bigger to adequately cover and manage its enormous assets, some pretty much forgotten.
This is why GGP only ever hovers below 3p. There's money to be made up to about 2.85p if you're lucky but no more than that seemingly and I can see that changing unless GH pulls a rabbit out. And how long have we been waiting for that?