Member Info for GoldenI

Thanks BR - will have to investigate and see how it pans out.
Thanks for all of your efforts.

more posts removed?
I agree with Panama - reason I have avoided telegram group upto now is it would be another platform. I do not have a twitter account.

A lot of positive things happening - development, negotiations, planning, even officially mining soon hopefully (albeit already doing so already effectively in advanced preparation).
Is this finally the turn up in the share price action?

Sandgrounded
You make some interesting points.
With respect to Loan Repayments, unless altered since, the Nov 2020 RNS covered this:
Scheduled quarterly repayments of the loan(s) will occur once production commences at Havieron with repayments comprising 80% of quarterly "Net Proceeds" (revenue from sale of Greatland's share of JV product less statutory royalties, royalties payable under the JV ILUA, all charges paid by Greatland under the Tolling Agreement with Newcrest, and Greatland's share of Joint Venture operating expenditure for that quarter).

o Greatland may prepay all or part of the total outstanding loan balance(s) without premium or penalty at any time.

o If Newcrest exercises its option to acquire the Additional Farm-In Interest, then the purchase price payable by Newcrest to acquire the Additional Farm-in Interest will be set-off against (by way of prepayment of) the total outstanding loan balance(s) at that time.

Thanks Bamps
Numbers sound low (criticism of Newcrest methods and cut-offs, not Bamps).
Good to set expectations at a reasonable level.
Looks like the NCM version of MRE will be a slow but continuous improvement from the starting point.

Thanks Paddy.
We need a few balanced voices on the BB - too many times it seems to be overpowered by the doomsters or the over-optimists.

Silver
Couple of days ago you said 17p, now you question sub 10p.
What is your game?

GGP have already given an interim update without NCM.

Silver
So we can thank you if that happens on the day, and sue you if it doesn't?

How can any of this be 'normal' trading activity?
All very weird.

Corporate Presentations can serve many purposes - including updating shareholders, advising potential institutional investors, even to show the banks what the company strategy is - and that the management are 'on the ball' in providing updated versions of this document.

Not sure how they measure momentum, but GGP share price certainly has been missing that in a positive direction for the past 6 month period.
Past performance is no guarantee of future performance - works both ways.

'The Index uses a transparent, rules-based methodology that is designed to emphasize junior gold stocks with market capitalization between $200 million and $2 billion. The Index emphasizes junior gold producers with the strongest revenue growth and junior exploration companies with the strongest stock price momentum. The Index is reconstituted on a semi-annual basis, in November and May, to incorporate the latest factor scores into the selection and weighting process.'

Magic
Exactly the correct balanced approach.
There is no immediate hint or rationale stating another placing is imminent, and there is every chance that one will not be required.
BUT... you never can say with absolute certainty.
However, that indicates that should a placing be required to fund the start of mining, it ought to be modest - IF required.
IMHO

With all of this talk of falling share price, short-selling, buying on the dips, macro economic situation, improved drilling results, where is the breaking point for the share price?
Or maybe, where is the BRAKING point for the decline in share price?
The lower the price gets, logically the less room for wriggle there is for further decline.
Surely we are now at a point where the price is so low that those in the know with cash are buying, those on the side-lines must be tempted to buy, so what do the short sellers think they can now gain? Surely there is a point at which the price cannot be squeezed any further - or at least not easily.
IMHO...

Bellers Bargain Buy

It is not always greed that drives individual actions in the stock market.
Sometimes sentimentality takes over.
Often, it is just wanting to receive full value and not let go of a shareholding at a price which is perceived to be under value.
Some have said they want to see the share paying dividends, if that becomes a possibility.
There is no 'one size fits all' solution to the question of why people buy and sell when they do.

Thanks Paddy.
Well reasoned, as ever.
More of that infernal patience required.

The most logical explanation would be that the unit cost of extraction has increased - but then we expect there to be economies of scale and block caving advantages!

Canary3
Nice sentiment, and of course that remains a possibility.
SD seems a little more resigned to the probability of arbitration now. Of course, there could be some brinksmanship at play, and SB will equally try to make things appear as though he is driving the outcome that he wants.