Member Info for jptop7

Recent Bloomberg interview with head of future assessments (jp Morgan) indicated a swing from Bonds/treasury to gold by a percentage of 0.5 would place Gold at $ 6000

Indicating that the current price was reflected by central banks buying but the Bond and Treasures were set to increase the investment going forward due to mainly the mistrust around the current economic and political situation regarding the current Bond And treasury system . USA is in decline and will take the dollar with it . Oil also is predicted to fall to $55 again another big plus for Gold Miners. good luck everyone .

The price of gold in Australia is around AUD 5,269.69 per 1oz GBA 9999 gold cast bar. As of May 21, 2025,

The future will be driven by information and sentiment . Pull backs re trace all part of the pain its not for everyone top slice is good with a view to re enter so the usual traders will do that and that is cool. then wait for the confirmation of a bullish trend . gl everyone

It does look like the reverse head and shoulder as discussed yesterday is in play but this is the AIM . Gl everyone

Its always good to take profit when dealing with AIM .

Good luck team.

Based on the chart and recent price movements, it appears that a reversal may be underway for GGP (Greatland Gold Plc), listed on the London Stock Exchange. The reverse head and shoulders pattern, a common bullish signal, suggests the price could continue to rise after breaking above a key neckline. With the current price at 12.30

Yes timing was good if the shares had been at 14p ? Id imagine we will start to go up again.

20% drop in share price at 16 May over 7 -10 days announcement 19 may increased the amount of shares issued and caused more dilution is the fact luck . Difference on closing price on issue was 27,903,619 shares. Xtra share

Cash Flow: The company paid out £33,047,280 as consideration for the surrendered options but received £16,523,640 back through reinvestment, resulting in a net cash outflow of £16,523,640. This outflow represents the cost of reducing the option overhang, which could be seen as an investment in future share price stability.

Facts . The buying of physical #gold is accelerating #ggp Recent downgrade of #USA makes for an interesting week. A downgrade will weaken the U.S. $ as foreign investors, l China, reconsider Treasury holdings. A weaker $ = higher gold prices, as gold is $-denominated,

Historically, U.S. credit rating downgrades have boosted gold prices as investors seek safe-haven assets amid economic uncertainty. During the 2011 S&P downgrade, gold prices surged from $1,660 to $1,900 within a month (+14.5%). P sentiment following the 2025 Moody’s downgrade, estimating a potential 1–5% rise in gold prices due to increased demand and a weaker U.S. dollar.

The stock’s recent pullback to 11.78p, aligning with the 50-day moving average (MDA), coincides with a gold price retracement to ~£2,200/oz, a common technical support level for bullion. Despite this, gold prices remain elevated, driven by inflationary pressures and central bank demand, while copper benefits from green energy trends. Greatland’s 57.07% year-to-date gain and analyst target prices, ranging from 12.00p to 26.00p with a median of 20.00p, suggest significant upside potential

Greatland’s operational strength is evident in Telfer’s performance, with 400,000+ ounces in surface stockpiles and recent high-grade drilling results at West Dome Underground (e.g., 14.3m @ 9.6g/t Au and 8.57% Cu). The inaugural Telfer Mineral Resource Estimate (MRE) reported 3.2 million ounces of gold and 117,000 tonnes of copper, with a group MRE of 10.2 million ounces of gold and 387,000 tonnes of copper. Havieron’s development, with first production targeted for 2026, adds significant growth potential, supported by low costs and a tier-one jurisdiction.

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Greatland Gold announced its Q1 2025 Quarterly Activities Report on April 14, 2025, covering January 1 to March 31, 2025. Following a similar cadence, the Q2 report might be expected around mid-July 2025, likely between July 10 and July 20, assuming they maintain a consistent reporting interval of approximately two weeks after the quarter ends.

Nice consolidation to 11.30. and gold and most miners corrected as well all normal market mechanics . I think gold will chop side ways now and we will have another rally upwards in the next few months especially when the Dollar crashes more US as it still has a world affect but not for long . Regardless of all that ggp is in a strong position due to SD hedging the gold price. My best As I am long I believe we will see the 16p in today's current pricing and before the consolidation. Once we settle into the Everything looks good to a steady improvement . Based on all that its looking like a good time to add . Its not advice just what I have been doing gl all.

Cheers great post .

X posts and forum discussions (e.g., GGPChat) suggest optimism about the ASX listing attracting “big money” from Australian superannuation funds,

Listing on a prestigious exchange can enhance a company’s visibility and credibility, potentially lifting share value. A study from 1990–2006 showed firms cross-listing on more prestigious markets (e.g., NYSE) enjoyed valuation gains over five years, while those on less prestigious markets faced discounts. The ASX is reputable, and for GGP, with its Australian assets (Havieron and Telfer), the listing aligns with its operational focus, possibly signaling growth potential.

However, the same study notes that the home market’s reputation matters. Since GGP is already on AIM, a market for smaller growth companies, the ASX listing may not be seen as a significant prestige upgrade, potentially limiting positive price reactions.