2nd & FY Gold Production26 Jul 2025 12:01
Morning all genuine GGP holders.
I own £30k of GGP stock and am up approximately 35%. I have no intention of selling my GGP shares anytime soon and am considering adding another £10k ahead of earnings next Tuesday having successfully traded on Newmont’s earnings last Thursday.
If I’m right, GGP produced 90k ounces of gold in the 1st quarter of this year but looking back at the RNS’s, it’s stated (or projected) to produce approximately 35-45k ounces of gold over the remaining quarters of 2025 which will be significantly lower than the 1st quarter. Is this correct and if so why as reviewing some of the recent RNS’s further regarding outlook and production, they read very positively for increased production so is it just a case of that increase not materialising in the immediate short term or was Q1 just an unexpected and significant additional find of gold? If the latter, surely there’s every chance Q2 could also substantially beat gold production forecasts?
Thanks in advance and have a great weekend.
Long GGP