Member Info for Jerryspaniel

Australia for me. Cricket, fine food & wine and a quite a few cracking beaches.

Notwithstanding Wyloo with about 18%, I can name three potential suitors off the top of my head who should be interested in GGP as it would be massively accretive for them. Zijin, Agnico and Evolution who all have P/Es abpove 22 compared to our mid single digits.

If anything keeps Shaun awake, that should.

TT, apparently they bid for the lot, but were refused.

IP/BBG, why dont you call Dan and ask him? After all you are/were besties.....

With clock change, mkts open at 2300 uk time.

Agree PJ, cos if Shaun isn’t bullish, why should anyone else be?

Regardless of the size of the company the Chairman or CEO has to engage with shareholders.

As they say it takes two views to make a market.

I am intrigued that companies like JPM are moving their long term price forecasts so much higher. This should lead to brokers following suit and ultimately the miners using those price decks for the feasibility studies, NAVs, resources and reserve calculations. This big jump will show that pretty much all the miners are significantly undervalued compared to the gold price.

Of course the gold price will need to hold comfortably above the long term price forecast, but that should infer that JPM think it will.

What I found frustrating about the drilling report was Shaun's lack of enthusiasm to promote it. He has a major opportunity on Monday morning to correct that. I am expecting him to do so and will be quite annoyed if he doesnt.

Not only does he defame our CEO from one side of his mouth, but then is besties out of the other side.

I do start to wonder about DV. His choice of shareholder friends leaves a lot to be desired.

And twice that based on JPMs view of a doubling of the gold price in three years time….😉😁

You don’t borrow money to pay a dividend!

Has seen a lot of very excited people post a lot of opinions. Some of these have already been seen to be dead wrong. Remember the facts come from the company, the stock exchanges and occasionally news sources. Pretty much everything else is just an opinion. When these opinions are contradicted by facts, you probably wont see a retraction, just another opinion.

This is just my opinion!

Wsbn have so found sweet FA. When you find something other than rumours and hearsay, do let us know wont you.

If only Speedy had told us this was going to happen, we could have all taken advantage of his superior knowledge......

Love the last slide. FCF per oz. IMO thats what its all about.

Lots of opinions on debt funding or not today. All good stuff but as very few have any specific and relevant knowledge on the subject I think I will wait to ask Shaun.

Bit like me commenting on a lovely plan view of Telfer in 20 different colours.......

I have said this before a few times. There is NO benefit from an IHT point of view for GGP staying on AIM. Some companies do get some IHT relief. GGP is NOT one of them.

The main difference between AIM and the main market is that you pay 0.50% stamp on purchases on the main mkt.

I am not overly bothered by shorts. Most stocks have some short positions and its just a fact of life these days.

But shorting is a dangerous and risky game to play and should only be done by professionals imo. The thing I find most interesting about shorting is that when you get on the wrong side of a short position your position size increases rather than decreases if it were a long and declining share price. So in a fund the short just gets a bigger and bigger percentage which can cause a lot of pain to any fund.

Shorts are potential buyers. Weak longs are potential sellers. So if we have shorts and a rising stock price we can just sit back and watch and enjoy their pain.

As to why we arent quite at the ASX closing price today? I think its just more rotation away from PIs in London and into instos in Australia. Disappointing but inevitable. No conspiracy. Plus a slightly weaker gold price.

I am going next month, but to watch the cricket!

Des, probably a leak.

About 90,000 au eq