Member Info for JiffyBag

Hi notrader,

Thanks, maybe this is a question we ought to be raising with SD at the next Q&A session as posted by TallchapJG yesterday, I would certainly have thought so.

https://twitter.com/donaldleggatt/status/1445417120691630083?s=21

Luv it, Farty Bottom has finally met his nemesis.

In the beginning were the unwise words of Farty Bottom, winged at first until paralysed by Senseman and CA, he finally fell to earth and was imprisoned in the land of shorters no longer.

Thanks, Mickey

Been reading the 5% Conudrum thread and all a bit grey, but is it?, Just hope GGP were not to desperate at the time of signing up with NCM :O)

'The Havieron Project is operated by Newcrest and under the terms of the Farm-in Agreement which commenced in May 2019,
Newcrest can earn up to a 70% joint venture interest through the expenditure of US$65 million and the completion of a Pre-
Feasibility Study over a six year period. At the end of the farm-in period, (May 2024 ?) Newcrest may acquire an additional 5% interest at fair market value.'

To me in my simplistic way of thinking , the above statement infers, it is most likely that a decision unless agreed by both parties to bring forward as such , will NOT be agreed before May 2024, and so by which time the 5% of the whole of the Havieron gold and copper asset value will be worth considerably more than it is today will be evaluated.

One would have to see the nitty gritty details of such an agreement to make a valid conclusion etc. Obviously both parties require sufficient time as others and Hydro have already pointed out since it will take some considerable time and much further drilling to arrive at the value of Havieron resources/reserves in order to arrive at a FMV at the appropriate time that will require a third party / JORC valuation? IMHO.

Correct Pokerchips,

Re RNS today: 'In the year ended 30 September 2020 Angra transacted business to the value of £64.0 million.'

IMHO, what this really means is the value of payments made or facilitated through Angra, is NOT the Turnover value of Angra , ie Sales for Angra, that are ordinarily reported in the Profit & Loss /Trading account of Angra Ltd.

I looked up Angra on companies house today, and found that there is no Trading account shown in their accounts up to Sept 2020 because they are exempt from reporting such detail.

Their actual Turnover will be obviously be based on a commission /fee take etc, and what that is we don't exactly know, it doesn't really matter anyway, it's the licence that we are after.

However, I look forward to seeing how and when stablecoins are finally and fully regulated by the FCA etc, the last link in the chain? (Just my opinion).

https://www.linklaters.com/en/insights/blogs/fintechlinks/2021/january/uk-government-reveals-plans-to-regulate-stablecoins

https://www.linklaters.com/en/sectors/fintech/payments

In the backgound GST will also be working to complete their Phases 1 to 3 as shown on page 57 of the issued GST prospectus, so still a lot of work yet to be done irrespective of a purchased API licence.

All in all, good job, another Cat skinned with todays news. Just sitting on my hands now, and waiting for the free float to dry up...LOL :O)

Given the fact, that there are so many results outstanding?

Personally,

At this stage of the game, would you not rather have a PFS that took account of a higher recalculated resource value than what has already been issued?

ie, just hang on a month or two?

Interesting, & worth a watch

https://www.youtube.com/watch?v=J51FGY6hZnA
'Today we will look at the umpteenth lawsuit versus JP Morgan and how paying billions of dollars in fines is part of the Jamie Dimon business model.'

Florida miner's lawsuit accuses JPMorgan of manipulating silver prices:
https://www.reuters.com/business/finance/florida-miners-lawsuit-accuses-jpmorgan-manipulating-silver-prices-2021-10-01/

Will it ever end?

No, not until the Federal authorities start to lock up JPM directors !

Simple Simon met a pieman,
Going to the fair;
Says Simple Simon to the pieman,
Let me taste your ware.
Says the pieman to Simple Simon,
Show me first your penny;
Says Simple Simon to the pieman,
Indeed I have not any. (Shares)
Simple Simon went a-fishing,
For to catch a whale;
All the water he had got,
Was in his mother’s pail.
Simple Simon went to look
If plums grew on a thistle;
He pricked his fingers very much,
Which made poor Simon whistle

Simon,

Forgive me , but looking at your posting history, I can't find anything at all, that is positive on the shares that you hold or do not hold but post on.

Why is that? :O)

Will be interesting to see if the MM's allow this to fall below the recent placing price.

I am guessing not :O)

What a stupid question, seen it all now:O)

@dssmith,

Right at this very moment I'm not too concerned about the POG. Why should I ?, we ain't mining just yet are we?

More to the point, it's what will be transpiring for GGP over the next 12 months and that's why I am still holding and buying when the opportunity arises, and that's how I think all GGP holders should be thinking, look long and not tommorow's short term!

You are either a day trader & best of luck with that strategy, or you firmly believe that the SP of GGP will increase over time, I am in the latter group.

Simon,

Forgive me , but looking at your posting history, I can't find anything at all, that is positive on the shares that you hold or do not hold but post on.

Why is that? :O)

Should really have been written as:.......'The technology exists but do the market makers want PIs to see what's going on?'

Viking,

The site I think you refer to is called p-u-m-e-d-o-r-d-u-m-p-e-d . com , spaces are required , otherwise LSE will remove reference :O)

@Lookingatgoats

Re: 'Both sides of the trade should be printed so it is possible for those interested to see the true transaction. The technology exists but does the market want PIs to see what's going on?'

And you also have to ask yourself, why is that ?

The system IMO ,is geared in the MM's favour, they make the market, and they also deceive the market at times?

Bottom line our time will come, so just hold and buy more when the price falls if you believe in GGP, we all know what's coming over the next 12 months.

Maxwell,

NCM will soon have a contractual/legal right , subject to mining approval for ownership of 70% of Havieron, IMHO, so how does that play out in your bid hypothesis?

Zag, Re: 'Currently 1.43 billion shares out there, so no shortage'

Not exactly....54.80% or thereabouts are held by directors or associates, the balance are placing shares /free float, ie about 648million I reckon.

All of course IMHO, just go back through the RNS's and calculate it yourself :O)

Havieron

What on Earth is the point of buying out GGP at this stage? Answer NCM will soon own 70% of Haveieron come what may, that will never change. Carry on Maxwell :O)