Member Info for Jerryspaniel

I disagree Mapp. Short sellers have their uses. One is to take the price lower so I can buy some more shares at a price that I wouldnt have been able to get without them. Plus, after a short seller has shorted the share, what is their next trade? Yep they are a buyer waiting in the wings. So take advantage of them, dont legislate.
And for the record I am have never shorted a share in my personal dealings, ever.

Evening CB. Have you spotted any coverage in the Oz media about the NC report?

They have said fourth quarter, so could be any time now, but probably NYE!

Ok. I have not wondered. I don’t believe in conspiracy theories. If I did I wouldn’t invest in equities.

No they aren’t.

Plappers it’s a fair question as to why this hasn’t gone up.
Forget conspiracy theories and mm shenanigans. Shares go up when there are more buyers than sellers and down when other way round. We don’t have new buyers at the top of the range and we have a lot of people trading the range which is broadly 150/200 and narrowly 175/190 (and getting narrower imo). The traders need to be outnumbered by large buyers and that means instos. They may be waiting for NC to move through various stages or analysts to produce quality research. They are clearly waiting for something, but are there many instos that would buy into a company at this stage of their development? I don’t know is my own answer to that one.
Fresh buying may come from oz, some commodity funds, possibly NA. Unlikely to be corporate as GGP is seen as in bed with NC.
Personally I think most markets are overvalued so I don’t mind parking my money in commodity related stocks for a few years and ride out the storm.
My only concern is a personal one. I hope I am not too old to enjoy the fruits of my investments if and when they come good!

The whole world is free to buy shares in GGP.
A lot of us have done our bit.
Time for others to step up!

Dont complain CB, after all you can load up at unchanged after positive news! Go tell the whole of Australia (or get the papers to do so) cos it appears we have run out of serious long term buyers.

Well assuming that the shares are undervalued....., any form of debt is better than any form of equity. However an ignorant mining company can be seduced by a royalty/streaming deal because there is no actual interest rate, just a payback rate. If Cu prices are forecast to rise by so much (and Au too) then I hope its not a flat rate of material but a market value of material so we retain the price risk.

Call it what you like, dress it up in any form. Its still financing and as such will have an imputed interest rate. It will also have a direct impact on the company's cash flow and profitability. The company will retain control of the asset but will probably have some specific hurdles to meet and will be paying back the 'loan' for years to come. So in the end it will be broadly the same as bank finance, and, depending on the long term sp performance, not a million miles away from convertible or equity raising.
Need to be very careful with all this because there are loads of Chinese companies 'helping' Africa with all sorts of financing, but the terms are so onerous that China is in effect buying Africa on the cheap.

I would expect there to be massive media coverage in Oz. Trouble is the listing is in London....

Hi Addicknt. Maybe its BECAUSE they have someone on the board that they are not able to say much. Anything other than tacit acknowledgement of the investment might be construed as departing from the Solgold party line and giving away non public, price sensitive information. Just a thought.
Mind you my focus today will be on the great opportunity in front of GGP......

Just picked up a 1/4 at 1.90. Giving it away. Thanks MMs.

The sp will need buyers to get it up and hold it up as there will surely be weak holders who are sellers. Iis won’t buy today, too slow. I have my plan, do you have yours?
Can I add my grateful thanks to all those quality posts over the past few hours/days/weeks.

Lots of jobs! I love the one that said Long term job security..............

Timid, yes there are lots of 'rules' that fund managers have in place. It either precludes or limits their AIM investments. However there are other funds that are more free to invest. Not sure if there are funds that ONLY invest in AIM stocks.
When I spoke with Solgold management a year ago they were very undecided whether moving to a main listing had been a good idea. They only have a standard listing, not a premium listing, as they cant show any normal income. Again some investors are precluded or limited in their involvement in companies that dont have premium listings (used to be called full listing).

Wonder what we would get if we tried to sell one or two of these 13?
We are like the old granny living in a massive house but no money to pay for anything. Time to sell the west wing, or bring in a few lodgers.

I am encouraged by the words and actions of chartbuster who is a lot more knowledgeable and closer to the action than the vast majority.

Its all a bit ridiculous in that Numis is an institutional broker, GGP has a s/holder base that is mainly PIs and yet we cant see what they are saying.
I know that Solgold make their broker coverage available via their website. GGP should do the same.

I disagree paddy. Brokers can’t do much analysis these days without a great deal of access to the management. The numis analyst will certainly have spoken to GH and so the quid pro quo should/could be a wider audience to the research after x days.
How did we see the first note?
Anyway commiserations on rugby but it’s not like it was close or you were robbed.