Member Info for elcobbledore

Victorocto ah I see you’re moon’s friend. Bye, you’ve won today’s green filter box!

In other news briefly went onto the prem board and moon is ramping it still. Whatever you do never ever listen to advice given by moon!

Hi guys, just checking the revised Telfer mre is due by the end of March? That should surely give the sp a kick northwards.

It’s impossible to predict but let’s say, average 2026 share price is 0.39 I think. Increase by 48.5 per cent takes to 0.58 for resource upgrade. Then premium on top. They paid double the share price at the time when they announced the JV. If I was Hainan right now I’d put in an offer of 0.8 as a starting point. Obv just for fun this and I honestly have no idea even if it’s on the cards so Dyor.

I’ve just replied to their X message to ask them is it legit and will we get an RNS

If I’m Hainan right now I’d be thinking I don’t really need kodal, they can help consulting on stage 2 etc but in effect I’d want the whole pie. Shown by the big fish Teng Lei visiting last week. Maybe he wanted to triple check all processes and procedures are going well on site before throwing an offer in… we will see but I’d want the whole lot for full control.

IvRoche if you translate to English and scroll down you’ll see it. Says increase of 15.47mt an increase of 48.5 per cent.

Although the maths is bang on ie it’s a increase of 48 per cent based on old mre of 31.9 mt. So maybe this is indeed correct and resource has been upgraded. We just haven’t been told yet.

Yeah who knows but it does look like a resource upgrade. If this isn’t RNSd asap though, may not be true as it sure is market sensitive info!

Great find Clapa, we need an official RNS but if this is the case, this is a massive increase and almost to where they thought they would get to (forecast 50mt). This should in theory boost the sp significantly. I do think if official Hainan will pounce at some point and get the whole lot for what we hope is a good price!

Here is the report

https://www.reuters.com/world/middle-east/iran-says-non-hostile-ships-can-transit-strait-hormuz-ft-reports-2026-03-24/

Gold ripping…good news for ggp. Hope it holds.

Gold looking stronger again…

I don’t see GGP being taken over for a bargain price. Why would SD and the board accept it? They are debt free with close to $1bn in the bank. I just don’t think they would consider it unless it was mega money.

Https://www.fxempire.com/forecasts/article/gold-price-forecast-collapsing-sentiment-supports-an-impending-low-1586629

Interesting article re the gold miners bullish percentage index.

Thanks Element, it’s a complicated picture hey!!

Yep good point charta. Telfer mre due imminently (I’m expecting this to be pretty amazing) which in theory should help offset if there is a bit of decline in gold price. At these prices, it’s a screaming buy from me.

Yeah fair enough, I’m just interested in a wide array of viewpoints so that I can time another buy, but from what I realise it is impossible to buy at the bottom. Even people pay at above £7 long term absolutely will do well imo. Remember that £6m buy at £7.21. Big fish will mop up shares for sure. In the next year I would be very surprised if ggp is sub £10.

Tbf I don’t think anyone is crying here we are just asking for balanced opinions. Exactly what a board should do.

Continued strategy of downside gold price protection via put options while retaining full upside exposure (225,004oz from January 2026 to June 2027; weighted average strike $4,500/oz).