Member Info for Jerryspaniel

SaS. That theory is totally wrong, I am almost 100% certain.

SaS, it’s ounces not grams per vertical metre…..

Timber, I hope that you will be able to come to the Stag meeting (unless Tigger cancels it!). It would be good to meet up.

Oilgreg, the better question is why do you even bother?

Scottie, Shaun has tweeted that the recording will be available later. 8pm I think.

Afternoon Speedy. Its an interesting thought that a good friend of mine raised a couple of weeks back. It has some merit, though not sure that Shaun would see that. Actually board composition is really the Chairman's prerogative more than CEO/MD, and he certainly wont know me. But it does seriously affect what I could say and do, so it comes with great limitations, as I know full well from previous Plcs that I have been on.
My inclination is to say that I wouldnt want to do it and GGP probably wouldnt want me. That said (and without wishing to sound like a complete kn0b and some politician!), there is an outside chance I could be persuaded to raise it with SD if I could see the benefit. We can talk about it on Saturday if you like.
Oh, do I get 100m options? :-). Thats a joke Matty et al.

I will be voting in favour of all resolutions. The first two ensure that we have the required equity funding to access the debt. Some of the debt will be used to reduce the cost of the debt by paying off the expensive Newcrest debt, so surely everyone can see that is a good move.
Resolutions 3-5 broadly speaking take us back to where we were at the last AGM, so unless you voted against that, why would you vote against it now? It will ensure that GGP are nimble and flexible should any great deal pop up in the next two months. It will be renewed at the next AGM in early December, so you will have plenty of opportunity to question SD about that, in the weeks ahead.
For all those who say 'I wouldnt do that' etc, perhaps you should think what exactly you would do differently? I am reminded of those football phone ins where someone says 'I wouldnt play him'. Well who would you play? 'I dont know but not him'. If we dont have the flexibility plus the funding, SD wont be able to react positively to all and any event and NC will be able to ambush him with some nasties. Probably not surprising that SB is acting like a spoilt baby. He knows that SD is one (or probably two or three) steps ahead of him and SBs master plan isnt so masterful after all.
For those who whine about doing all these funding rounds at too low a price, maybe we should have done far more at 14.5p, when the same people were trotting out the same posts about too low a price? That obviously was prior to the 5% news, which was undoubtedly the best GGP news this year.
When I invest in a company, I invest in the management. If I dont like the management I dont invest in the company (Solgold has become an exception, though I have halved my investment there). So if you dont like where SD is taking this company, perhaps you shouldnt be invested. Voting against resolutions in any significant way, just shows a divided register. One that those who short can take advantage of. Big votes in favour show the opposite.
If you still vote against any resolutions, be sure of one thing - it will be a waste of your time and will have the opposite effect to the one you wish.
Lastly, its was an interesting exercise to calculate how many shares the PIs owned a few months back. What it also showed to me was how few shares the institutions owned. We need big institutional ownership going forward. PIs are flaky and driven by factors other than fundamental value. We should get a lot more instos in when we have the BFS, DTM and the ASX listing, which will either reduce the PI ownership or raise the price - preferably both.
SD is building a business, as Wyloo, the new directors and Tribeca have acknowledged. If you cant see that or dont want to be a part of it, then you should have exited when GH did.

Loggy, I will but bit busy atm. Look for something mid afternoon. But for the avoidance of doubt, I shall be voting in favour of all resolutions. If anyone should think otherwise, maybe they can say what their alternative plan would be, and please dont say 'I would have issued shares at a higher price', as this isnt a current alternative, but just back trading.

Just me this time Ace.

Ace, have you got me as coming? Looking forward to it.

Quady, maybe you could explain what 'book' you are talking about? Havieron is a mine not a company. GGP has a book that is so much more diverse than Solgold. Do you think Wyloo will allow NC to go hostile?
Colonel, just to update you on some of the numbers. GGP has said the volumetrics suggest at least 20m ozs of gold and copper is about 20%. (There are some who are saying 30-40m ozs and have the calculations to prove it). Byrnecut are about 40% of the way down the decline and will reach the ore body in 2023.
Sorry to be off topic but just wanted to correct a few errors.
No one has ever suggested that the Alpala deposit isnt so much bigger than Havieron on a resource basis, but where is the plan to get it mined?

Are you including me in your good wishes Colonel?

Addicknt, if it’s good management they won’t have rubbish assets….but as we can see good assets can have rubbish management.

I think it was Rick Rule who said ‘follow good management and not the asset’. Solgold is a textbook case.

Colonel, you are a very funny man.

This is how you build a company. Couldn't be happier. If you dont like it, you dont get it.
Look at the (very) big picture, its developing very very nicely. Thanks Shaun.

I couldn’t be happier with Shaun Day. I couldn’t be more unhappy with Solgold board. The former has a plan, the latter hasn’t a clue…..
What a waste of an asset like Alpala.

There aren’t any. DYOR….

Itsouthere, have you investigated how many shares will be issued in Australia?

Ace, not sure I qualify as a guest of honour, but I have contacted speedy to say that I hope that I will be able to join you on the 24th. Not too far from mid Sussex.