Member Info for Gloucester10

It would be nice to have a news flow but I don't see any odds involved in it. You could say that the odds are in favour of no news as they haven't produced any for so long. Come along Team Angle, get promoting news.

Or they haven’t got any deals to talk about. (Although I hope they are progressing I’ll add)

Hopium?

It's always worrying when the strategy is 'hope'. gla

A profit warning straight after a raise would be bonkers! Sure even he’s not that dumb.

if rockfire get to 400,000 tons + of medium to high grade zinc, with a minelife of 10 years, that is currently close to £100m revenue per annum (assuming $2500 per ton). discounting this by even 70% for operational costs and capex leaves $30m per annum. so a current valuation of £5m seems a little low ball to me. any thoughts on my *** packet calculation - appreciate there is risk in this sector.

Is showing commitment to the cause by adding 3% to his holding. lfg

I am guessing added at request of investing company. Looking forward to the new blood driving more value from this gem and pushing the progress. Time is ticking.

Getting exciting! Come on David - get some excitement going with the ongoing Maloi results. We know it's huuuge.

To build on previous, I would like David Price to be a bit more active and visible for his £200k annual remuneration (source 2023 annual report). Come on man - build a comms strategy and execute it to get this share moving. Time is ticking away. You have the asset to do it.

Perhaps a bit of trumpet blowing is due from the management team to promote what there is and how far it has come. Isn't that their role? Tweets of progress maybe. How about a TikTok or Instapost - let's see some imagination to put the fire into Rock.

Be nice to get on the radar and shift the price back to its former glory days.

Seems to be a bit of interest today. Maybe the tumbleweed is clearing.

Hopefully more trials than Donald Trump this year.

Any thoughts on the APAC customer with 4000 km of rail? Thailand?

Speedy - will take a look thanks but I'm more MMT than gold standard you won't be surprised to hear.

bamps - not sure what you mean re Forbes but I'm sure its good.

trippy - you're right I was going to start in 2010 but thought I'd let BTC get to $10 and forgot to update GGP for its 2012 price of 1p (google finance). Doesn't materially affect the comment

MH - I'm not telling you what to think, that's for you to do, I'm just giving a point of view. I was spurred to respond a contrarian view by someone asking if their advice to a 17 year old relative to invest what appeared to be a sizeable chunk of his savings in GGP was a good idea. You're right though that I'm not welcome here. I do wish you all the best with Haveiron and all the other sites and that your fortunes do turn around soon as you have a nice little cabal here.

You guys crack me up.

If you're going to quote numbers, don't just make them up. The Cambridge model was rounded down last year by 30% as it failed to keep up with the ever evolving sources of energy for BTC mining. Currently the energy comes from 53% sustainable resources which is increasing as a percentage. It even leverages things like flared gas from oil rigs (land based) and drives sustainable energy investment.

Let's face it mining gold isn't that ESG so you're on thin ice with that. It uses MJ of energy to pull stuff out of the ground to put it back into another hole in a gold storage facility - so not the most useful.

I'm not really looking for a huge debate. I only have a few percentage of BTC but I see it as a valid investment that everyone should at least consider with an open mind as much as gold is a valid investment.

On Fiat, you'll find that the world is replete with failed fiat currencies from major countries over time. BTC hasn't had a single bit of help from any government in its life. The major currencies have had several major stimuli since 2008 and aren't worth what they were 3 years ago let alone since 2008.

2017 - missed the number

Correct, I didn't invest in BTC until 201 as I thought it was a load of toss for drug smugglers and money launders. However since then I have read about it and have a greater understanding of it and see that narrative is somewhat incorrect as its just about the worst asset for criminals as it is completely traceable through the underlying blockchain technology.

Regarding macro - you can start with the effect of global liquidity on investment cycle - maybe this link could help. https://www.ft.com/content/4d3790e0-cf12-47f9-a129-b44f4ed70e67 Google or ChatGPT can help with the rest. You just need an inquisitive and open mind.

I thought the guy wanted ideas rather than confirmation bias and I apologise for my interruption. I was invested in GGP in the past (2015 - 2017) and did well but have since moved on (and sadly missed the big run up [and run down]). GLA.

GGP in 2012 ~ 2p, now 8p (via 36p in Dec 2020) (+300% or 6p)

Bitcoin in 2012 ~ $10 - now $40,000 (via $66k) (+399,900% or $39,990

Not a bad Ponzi return after 12 years but I'll leave that with you.

I wish you all well with your investment, I just wanted to put an alternative out there in response to the question posed and as an aside, I would only have it as a few percent of the portfolio as part of risk management - believe it or not it actually lowers your portfolio volatility whilst increasing returns.

Tell him to put it in bitcoin - more liquid, near beginning of bull market with ETFs in US. Will help him learn about the future of money and understand global macro flows.