Member Info for Dubbs99

After such a long wait to hear anything about the application for the licence I think the company should provide a public statement on their understanding of the process and the likely timescale for a decision. It is critical to the business and us, the shareholders. I assume that there is ongoing dialogue between the company and all the agencies involved in making the decision and any concerns/issues reviewed and hopefully ironed out as the process takes its course rather than everything being in a vacuum until a letter finally arrives at the Head Office saying approved or otherwise? If that is the case, surely they could at least inform us that they would expect the decision to be communicated by Summer 2026 or some other significantly broad timescale. For all I know the review and decision process could take years!

A 7% SP drop on £19k of sales (and £13k of buys) is ridiculous. Another buying option (if only I had spare cash!).

With the Aussie dollar strengthening to 1.89 dollars to the pound, the ASX close is the equivalent of £7.31.

Some of these analysts and research ‘experts’ are totally useless and/or corrupt. Based on these latest ratings the consensus of the experts is that the value of the company could go up, down or possibly stay the same based, in the main, on a limited and incomplete understanding of the business (and its prospects) and their views on the gold price. Best to ignore them all.

Can’t be long now until the licences are approved to allow a project with national significance for the UK (energy security and saving billions) to progress. The Secretary of State for Energy Security and Net Zero has already, publicly endorsed it!

Hopefully, just a matter of patience as ever, the national significant need for the proposed development says it all really.

Same old AIM short term nonsense. £34k sales today and £24k of buys and the price is dropped by 5%….

Many thanks

Does anyone have a view on the significance, if any, of the RNS? What is Blackrock up to?

Ethiopia wants access to the Red Sea and has a much stronger military than Eritrea. Whatever plays out, if anything, will have zero practical impact on a gold mine so very far away from the countries’ borders and the Red Sea.

Buys outweighing sales by 10 to 1 again today…

I agree, with the licence approved, EPP’s potential is enormous in relation to the existing market cap.

Buys have outweighed sales 5 to 1 so far today, very positive.

Very glad I bought in yesterday (when buys outnumbered sells 10 to 1) but yesterday’s volume was achieve today by 9am. All bodes well.

Thanks. Very useful.

This does look like a company with great potential. I’m new to it, what is the process and timeline for gaining approval of the licences and what are the reasons/risks of them being turned down?

Let’s focus on what we have and what is under our control.

C. £250M free cashflow generated in first two quarters already.

Gold price remains higher now than the average price in the first two quarters.

Gold price hedged at $4,200

Even Goldman Sachs UPPED their 2026 year end gold price forecast (A WEEK AGO TODAY) to $5,400

(The banks have likely manipulated the price down over the last two days as it was running away from them but are likely to support its steady growth throughout the year, under their control).

ASX100 average P/E ratio for gold producers is between 10-16 of free cashflow (earnings)

So with a free cashflow of £500M, and a P/E ratio of 10-16, GGP should be valued at £5bn minimum and nearer £8bn.

The above remains highly conservative with all the upcoming catalysts GGP has and a likely much higher average gold price for most of 2026.

Full year free Cashflow extremely likely to exceed £500M

I agree that there wasn’t a lot of new news, although the low AISC and the statement that the upper end of the guidance is expected is highly valuable.

Come March I fully expect a SP of £8-£10 and I sincerely hope GS have shorted GGP, silver and gold and get what they deserve…

Thanks, will a dual listing never be an option?

Wouldn’t moving from AIM to the FTSE 100/250 now make a lot of sense to allow more UK funds to start buying in too?