RE: overheated23 May 2020 15:02
So, just to be clear equanimity, you are using a 'single metric' to assert that GGP will lose nearly 80% of it's value, contradicting 2 Brokers, 1 valuing at 12p the other at 12.9 (who have performed in depth analyses using a f$%k load more than a single metric, Ignoring the results that have so far been released. Ignoring the various presentations from both GGP and Newcrest. Ignoring the actions of Newcrest, who have 9 drills active 24/7. Ignoring the rising price of gold. Ignoring the current global financial situation brought on by COVID19 which is likely to further increase the demand for gold. Ignoring the fact that the CAPEX for the mine will be significantly lower than one might normally expect due to the already available Telfer mine.... etc. etc.
Basing it PURELY on one 'metric' i.e. that there is a lot of chat about GGP on other boards. You see the price going to 2p. You are either really, really thick, or ... nope, you're just obviously really, really thick.