Member Info for GGPThruandtru

Not sure what you mean Ghost. It’s all there, £4.5m which is around A$9m. Nice amount of working capital for down under.

So much for getting involved in the raise. 🙄 This must have been planned pre-copper drilling and assays I reckon. I mean surely it’s a closed period at the minute. Oh well, onwards and upwards 🐍

Hannam & Partners were early brokers for GGP too. Nothing good or bad to be said about them. Brokers will be brokers 🤷‍♂️ But no doubt they’ll have good connnections.

This feels like a “sticky hand institutional” raise. This is for around 10% of the company. Huge raise by Cobra standards. Which means it’s about the REE. Institutions don’t care about Manna Hill at all now.

A good copper hit in the next drills would only have raised the price by enticing retail to buy. The price would have gone up and the raise would have looked bad. This way we’re getting in the REE institutional money. They might not have wanted to pay 6/7/8p. Also another reason maybe for the warrants. Get them in on good terms.

Final Addendum (I think): Do I like the warrants? Hmm…

If I’m on the inside then yeah, I’m getting 3 for the price of 2. If I’m on the outside then no, but I think raising in this climate means that’s it’s probably needed. That’s a downside of this…also, in the middling area of good or bad is the fact that a raise “in this climate” is…BALLSY AS FRACK!!!

I mean Christ, there’s a war going on, the markets are tanking, as everyone is running for the hills…and Rupert…ASKS people for money!?!? This is going two ways…

a) It was a dumbarse thing to do and there is very little uptake with the raise not getting filled giving us a bad look or…

b) It’s a genius move and the raise gets filled or oversubscribed, “in this climate”!!! That would be an incredible vote of confidence in Cobra! 🐍

It’s a shame about the warrants though 😔

Short Addendum 😉: The price is brilliant. 4p right now is nothing and very close to SP.

Don’t forget rollercoasters need the ups and downs to gather speed and momentum in order to reach the end! 🐍

I think this is a brilliant raise!! Cobra has been running on fumes for years due to main market restrictions in raising cash. I love that they’ve gone big! I love the fact that Rupert is not known to be hyperbolic and yet comes out with “that” statement! If I can, I will be looking to join the raise, sounds like we’re eligible, just need to check ii now and see if they’re offering it.

“One Hell of a Year” … after god knows how many years of dotting the i’s and crossing the t’s, I think Rupert has decided he finally wants to make some money! All the boring stuff over the last 5+ years has led to this…the next 6-18 months is our make or break time…I wish us all lots of luck and good leadership!

We’re at that stage where the first couple of rollercoaster compartments have just gone over the edge…a few more to follow and then whoosh…proper forward momentum begins!!

🐍 😎

So it’s come out that Chuck Norris passed away yesterday morning…the last two days now make sense…everything has gone to kaka…he has clearly always been the ‘balance’ in the world…😢

RIP Ranger 🌟

Peppers, you ever seen a film called “Along Came Polly”? Ben Stiller and Jennifer Aniston…you need to find yourself a Polly! Wouldn’t be surprised if you’re a risk assessment analyst yourself.

If not, give it watch, you can thank me later 👍

We’ve been here before guys. Just another stepping stone towards full valuation. You never lose money by sitting back and relaxing whilst everyone else scrambles around frantically.

Make a coffee…in fact make a few coffees, roll a cigarette or two and just lie back on that sunbed in the garden. Whilst everyone else’s hair grows grey with worry, it’s just another unexpected stop on the gravy train to riches.

Relax and wait patiently for your little slice of history 😉

You pumping more explorers with no fundamentals again Nap? People must be still waiting on the 3-4 bags from UFO and GEO you promised months ago…🧐

“Next 14 holes are due throughout March” from the last Manna Hill RNS.

I’m expecting them in 2 batches rather than one 👍 helps keep the news steady and consistent.

See…so perfect example. Now you could just be naive AimInvesting or you could just be an outright liar…a quick google check shows you Havieron’s first five holes for GGP go as such….

HAD001

• 121 m @ 2.93 g/t Au, 0.23% Cu from 497 m

• Including 11.5 m @ 21.23 g/t Au, 0.67% Cu 

HAD002

• No significant economic intercept reported (alteration and anomalous mineralisation only).

HAD003

• 21 m @ 3.79 g/t Au, 0.44% Cu from 418 m

• Including 1 m @ 29.12 g/t Au, 0.40% Cu 

HAD004

• No material assay intercept released (minor anomalous mineralisation).

HAD005

Major discovery hole.

• 275 m @ 4.77 g/t Au, 0.61% Cu overall

• 118 m @ 3.08 g/t Au, 0.84% Cu from 459 m

• 157 m @ 6.04 g/t Au, 0.44% Cu from 660 m 

Always check people’s “advice” - now that’s some amazing assays!! And I’ve said before you don’t need to buy pre-assays. GGP was 0.5p, then after the above hits went to about 2p where it stayed for months before the JV came and it flew to 38p (19 bagger after results). So there was months to buy before it started flying. There’s no need to gamble with big savings. If you want a gamble pre-assays, keep it manageable and be “ok/hapoy” to lose it. If not, just wait for the good assays.

Well you have to give it to Sarah for asking the good questions. I’m actually surprised they even let her ask them. Those interviews are usually all semi-scripted.

To all newbies, this is a perfect learning experience. If you continue to use LSE chat boards, then remember the user names!! Over the last six months there have been many rampers and pumpers that came and promised the world to you and then disappeared. Countless arguments about ‘500m worth of breccia and mineralisation”.

Everyone that flagged the ‘red flags’ were instantly dismissed as derampers or MMs “trying it on” to get in cheaper. There were loads! Remember them!!! Not everyone exchanging information is trying to cheat you out of money.

The statement ‘visible gold’ is pretty similar to ‘brecciasation’ and other “optimistic” wording that is used to generate interest in a drill programme. But again, just like here, until the assays prove it, it means nothing. Even one massive assay might not be economical enough to mine and ‘visible gold’ is also prone to the Nugget effect.

Examples of ‘visible gold’ going tits up that I was invested in years ago…Novo Resources and Great Bear Resources. Google if you’re interested. All these bad experiences help to make decisions in future. Good luck to all but know, that is also a risk until assays.

“Visible Gold in cores” Isn't that what investors here were told too? Wait till assays guys, then invest. Don't put your money into companies on the hearsay of management “seeing gold”.

Wait for good assays then invest. You might miss a bag or two on the day but if they’re good assays, then you’re relatively safe in the long term. Gambling on assays coz of “visible gold” is very very risky.

Stop following the pumpers and the trends, you’ll just get stuck again.

Loads of people warned you about this and loads of people pumped this last year, those same pumpers are now pumping FCM just like they pumped UFO, GEO, CLD, URU, FDR etc…the list goes and on. Beware of rockets and “quick multi-bags”! They are very very hard to time.

Just do your own reading and decide what you like. You’ll sleep better at night knowing it’s your own decision.

OMI board is so paranoid and toxic now that they have even started fighting with each other today 😂 Not even their rampers can post a negative without getting trodden on. I’ll still hold over there but ain’t getting involved anymore.

Hey BobyEwing, G11 have been going guns blazing for last couple of years. It’s us that needs to catch up to them, not the other way around. They now have a market cap of around £150m. Way ahead of us!

Hey Chaos, that Charles Archer article pretty much covers everything. The big thing for me right now is that we have a new management team that WANT to do the work. Before that it was just Teeling and he never really had the drive or energy to do a lot of work. Nice to see him pass the day to day reigns over to others. The Zinc deposit in Ireland run by Group Eleven Resources is a beast of a deposit. That alone worth multiples of our mcap.

Https://substack.com/@thatstocksguy

Beautiful find Ciderette!!! Charles Archer HAS followers…! His name always comes up in mining circles and he’s been a follower and investor of GGP and other unicorns for quite a while. He knows his red onions from his garlics…this is VERY good coverage for us. Now we just need him to nudge Arkle in a few other directions and I can see us gaining some real momentum!

A solid article that covers the Stonepark asset nicely. That’s why I bought in years ago, which alone is worth multiples of current mcap. He calls it the “Sleeping Giant” in the article and it’s a very apt name. His Namibia and Botswana info was very educational and enlightening too.

Over to management to keep the exposure and works information consistent. 💪