Member Info for johnpwh

Some activity! Good news, now wait for the fund raise

Disappointing though the SP and to a lesser extent PoG is, at least those who reinvest the AAU divi will get a fair few shares at this level.
Re Cyprus, I agree there is nothing concrete but the news at least implies an intention to make some progress without waiting for the delayed IPO. I am less pessimistic about Tavsan, (ignoring that in 2018 it was promised to be producing by 2020 which was silly) I think we can see it finally on the horizon -Q1 or Q2 2024 maybe? I think they need to keep to that, and know it, else the tailing off at Salinbas will threaten profitability.
As for Salinbas, I plan to use profit there to put my grandkids through University. And I haven't got any grandkids yet

Hi LoB
To be honest I have only a passing interest in football watch MOTD and that's about all. Funnily when they were in the premiership I always rooted for Burnley! I quite liked Sean Dyche, he was a good bloke considering the tiny budget he was working with.

Well I'm going my best. I have 30k at 7.97p this morning, all the liquidity I could spare!

First reaction is that I approve. At least some of the cash is getting a decent return. My hope is still full control of this project, belated Ariana with Attitude

Thanks Dip, perfect

I'm going to run the risk of an ear bashing from the more feisty members and ask if anyone has any idea when we are likely to receive any drilling updates?

Last time the SP was at this level was April 2020. Wonder if the board have noticed?

Have to admit I would prefer PoG to be going in the other direction

Already xd, I believe payable 3rd Oct

acechaser, they are businessmen, so no they are no walkovers and I wouldn't expect them to be. We have seen that acts of apparent 'leniency' can end up causing much debate and confusion!
What I am saying is that it is not in their own interests to act the bully. I have confidence that, unless there is a collapse in the metal prices that effect us, GGP has become even more investible. SD said a couple of months, or less, back that he wanted to get everything sorted (I paraphrase). You certainly cant say he has dragged his feet because from my view he has been very decisive.

Lots of daft speculation today, so I may as well add mine!
From a recent NCM presentation at a mining conference I saw (the link was posted on here) the impression I got was that NCM has a business model now that is fully dependent on collaboration to advance junior partners discoveries. Now given Hav is one of the highest profile deposits, very newsworthy, why would they shaft GGP and promote suspicion amongst the very junior miners they hope to enter a future JVs with? Its just silly to suggest it

Agree Culpepper
I thought I'd catch up, but its the same old speculation revisited time an time again by those trying to talk the price further down. Then ..... rinse and repeat again

Dip, TimberTrader
I agree with the 5% discussion, its time to move on. I have watched Thursdays Proactive interview with SD a couple of times and was pretty well totally reassured by his reasons for there being no retail offering, and the implication that there may be no more dilution through equity placings/ rights issues (though I think the possibility remains open, which to be honest it needs to as no one knows of any hiccups along the way). Also was pleased to hear that the ASX listing will not necessary mean further shares will be issued, that was an education!
However the thing that really made me comfortable was the words from SB of NCM. What he said is utterly logical and totally understandable - 65m for 70%, but 60m for another 5% (due to derisking and exploration results) would be hard to justify to his S/Holders, compared to investing that money in other opportunities they have that haven't reached relative maturity. The only lingering question is that if NCM knew 40, 50, 60, 70million would not be attractive to them then why refuse GGPs offer of 85m? That is bad business, but great for us. But I think put it to bed and move one, I am certainly going to try to get some liquidity and invest more at or around this level if possible.
I am hoping that PoG will follow the recent slight strengthening of Cu. With production still likely in 2 years, if Gold reaches the far side of, say, $2000 then the SP should pick up very nicely even without further news of progress on the decline or the debt raise.

I have looked at this several times over the past year, am no chartist but the SP graph is appalling. Falling knife and all that.
Id love to invest but until I see a selective closure of some of the rough outlets (that taint the brand imo), and selectively raise prices a few percent to restore profitability, I don't think I will. Why have sub £2 pints in a city centre when all around are at least 50% more expensive? You can still surely still undercut and retain footfall?
They need to reposition slightly, again in my opinion. We are facing a great big hill when it comes to consumer spending over the next few years, and a while it may benefit in the same way as Aldi will at the expense of Sainsburys etc. it is concerning. The SP could get worse before it gets better.
I am not here with an agenda by the way, just a Saturday morning comment

I am not a shareholder but am a consumer. People like me are just drinking the tonics on their own as we become a) poorer b) more health conscious. I may invest with a bit of research

I am not a shareholder but am a consumer. People like me are just drinking the tonics on their own as we become a) poorer b) more health conscious. I may invest with a but of research

Wow, You 2 are having quite the chat. Haven't got time to read at the moment as off for the near daily walk around the local hills for a couple of hours. Its because of debates like this that I like this board.

Being boring here, but the way I look at selling (or not) is simple. I pretend I haven't got any then ignoring CGT etc I look at the share and ask myself 'Would I want to buy it?' rather than 'I've lost so much shall I get out?'.
With ZNWD I probably would take a small gamble given its potential product and the low valuation. Just not what I have now!

Anthony
I am am feeling a disappointed at what has happened, and have implied that.
But that post was out of order, not classy mate