Member Info for JerseyCrew

MH - just to undeline I am not ramping - just guessing what is possible if several factors were alligned.

ATB

Speedy - whilst I saw the outcome of your thoughts I didn’t see the breakdown- that’s why I did my own quick thoughts and I was actually very surprised at the outcome- can you share your breakdown please so I can compare to my own?

Thanks

Would you mind sharing the basis of your calculations again please MH01? Interested to understand the factors you have used and how far in the future you have pontificated- this is just for fun remember so you are not being challenged.

Thanks

MH01 - I agree it’s a big number. Look at the individual factors I have suggested and put in your own and perhaps share?

ATB

Important to think about the potential MC in the next few years for miners and not how that looks today. Consider the Dow/Gold ratio - in decades gone by parity would be scorned at but it’s happened before. Newmont currently 45B - what will it be in 3 years time?

With the potential upside in POG the unimaginable actually becomes imaginable. That’s why I broke down the factors into parts to show a potential cumulative leverage impact. None of the factors are out of the question - whether they are fall into line is another factor of course!

ATB

speedy - just for fun i thought i would have a 2 minute *** packet stab at potential leveraging factors - interested for other views - i have put ranges in:

lassonde curve 3 to 6

pog 2 to 5

miners / pog gap closure 1.5 to 2.5

jorc increase 2 to 4

so taking mid points 4.5 x 3.5 x 2 x 3 = 94.5

6p x 94.5 = £5.67

we seem to be in the same ball park with our dreams.

just for fun ….but not totally impossible in time??

atb

Dow! not Doe

Having become familiar with the concept of the Lassonde Curve I was really interested to listen to a recent interview with the man himself - Pierre Lassonde. If makes for a good listen. He is put on the spot about where gold could go and he chose to look at the Doe Gold ratio at around 12.30 mins in - it's a ratio I hadn't been aware of before - his conclusion on the possible out come is interesting and not out the realms of possibility. This is one clever guy.

https://kingworldnews.com/pierre-lassonde-04-13-2024/

I have just realised I missed out an important potential leveraging factor - the JORC resource - if added to then an obvious positive.

I think it will be interesting to see whether jurisdictions come into the equation- with Australia being in the top tier of favourable mining countries that could carry a value premium to less stable countries.

ATB

Suggest anyone wanting to independently understand where GGP share price could get to in the next 2 to 3 years, first google the value gap between gold and miners. Just look at how far miners have to catch up.

Then factor in we are not even miners yet so we are going to rise with the Lassonde curve and ride the turbo boost of the gap closing between POG and miners at the same time.

Then factor in your estimate for the POG in say 2 years.

Once you start to add leverage onto leverage onto leverage that is where the multibagging potential becomes clear.

I’m not going to put a number on it - you can do that for yourselves.

ATB

Very balanced post Zan as always.

Day highlighted that the high gold price significantly boosts the value of Greatland Gold's projects, especially Havieron, which is noted for producing superior economic returns throughout various market cycles. With gold trading near record highs and a substantial resource base of 8.4 million ounces, the company is focused on transitioning more resources into reserves, enhancing their value under the current pricing conditions.

Additionally, Day pointed out the concurrent strong performance in copper prices, which also benefits Greatland Gold, given their assets include about 20% copper.

Looking ahead, Day expressed optimism about the gold market, citing upcoming interest rate cuts and ongoing geopolitical risks as factors likely to support higher gold prices. This environment, he believes, will be particularly beneficial for gold companies, including Greatland Gold, which is well-positioned to leverage its significant gold inventory and favourable Australian operating conditions to enhance company valuations, especially in a strong USD and weak AUD scenario.

Just seen GGPs LinkedIn reference to the interview - they are certainly raising awareness via every media possible.

Dalesman

Don't panic !

:-)

There is no denying that the silence is deafening at the moment.

That simply can't continue as we approach 6 months in suspension - an extremely uncomfortable 6 months for all holders.

Given the milestone approaching I am expecting a market update in the near future - the company can't avoid it.

I have never hidden my positive support for the company but fully understand the level and sense of frustration here.

The only advice I would offer is make decisions on news and not out of frustration.

I agree Zan with your suggestion on a Stockbox interview - I would go a step further and hope it is followed by a video walk through of the production facility and mine.

GLA

This is also a good listen and very current

https://m.youtube.com/watch?v=CjTGOKX6CY0&feature=youtu.be

Highly recommend listening to Daniela Cambone interviews

Morning.

Just reflecting on this mornings posts.

A couple of observations;

- it is easy to fall into the trap of looking at an investment through the lens of whatever else is happening in your life. If you are going through hard times and that doesn't have to be financial, then if you are underwater on a stock, then the feelings of loss (even paper losses) can be magnified. The converse can be equally true and I suspect some of the old hands here from the previous highs would have experienced the euphoria and thinking this could never go down.

In reality both feelings have nothing to do with commercial reality - just how we are feeling at the time.

- The Lassonde curve gives us the best clues to where GGP could go in the fullness of time. It gives a rationale over view of how the market reacts to the lifecycle of a mine. Certainly GGP is following the curve at the moment and there is no reason to suggest it will not continue in the future.

What the Lassonde curve doesn't do is add in the leveraging effect of a bull market for POG and that is what we are at the beginning of, with a huge potential upside to come. If the stars are aligned the second wave on the Lassonde curve could be steeper than any of us imagined. Lots of ifs in there but read widely on global economics and the story is compelling for the future of gold.

In summary if you find yourself doubting, then read or reread big picture articles and don't get hung up on the fine detail of the current progress or possible strategy SD and the BoD might adopt - I trust him to make the right decisions at the right time. Just give everything the time that is needed.

ATB

Culpepper - I have been watching the disconnect between POG and miners - you might find the attached article of interest given you have been trading Newmont.

https://elements.visualcapitalist.com/gold-price-vs-gold-mining-stocks/

ATB

Culpepper - the POG is so intrinsically woven into all of the corporate issues - unlocking the future value (POG) is what it is all about. Understanding the downstream economics is absolutely vital in being able to make the right decisions today.

I take a different view Culpepper - certain central banks are buying gold and probably much more than being publicly disclosed. This is helping to create the upward pressure on the POG and that in turn will translate into increased profit margins when Hav is producing. Whether or not Brics members agree on detail is not the issue - those are just the rules for the game and rules change and modify as with most rules - but the game appears to be coming in one form or another.

As an aside and without trying to sound smart - gold backed and fiat are contradictions.