Member Info for Lee1235

majority of ai companies will go bust.

**** me

most large ai companies generate more money than the gdp of most countries. maybe some small companies will go bust but that's like every industry. the rest are on track to generate 1 trillion revenue annually within this next decade.

i really disagree with people on the topic.

Autumnleaves

Sorry but why are you investing in mining companies?

We dig gold out the ground as our main product.

How can we not be tied to the actual price of gold?

If gold goes up our revenue and profit goes up. If gold goes down? Our revenue and profit goes down. Without the company doing anything

Come on. Think before posting.

A clown.

That's it.

No more comments required.

No idea my phone keeps changing Bamps for Camps D:)

Sorry to Bamps for that.

tomorrowtoday what an ******. camps has provided a lot of good input here. once he sold some shares because of something he got wrong. so what.

not sure what value you bring here and i will trust camps over you any day of the week. as will most people here.

clueless idiot

To be honest, so many times I have been invested in a company and sold for a tiny bit of profit to watch it go up and up over time, including GGP back in 2020. Think i made 100 quid back then and thought i was the wolf of wall street D:). I learnt my lesson and will hold for years to come.

We have 0 debt, a great balance sheet with cash reserves growing every day, a great leadership team, great operational delivery & execution, alongside significant increases in reserves. Then Hav / WDU all to come on line over the next few years. There are many risks but at the same time i feel the management is managing those very well and also sticking to the dates they published to communicate updates on the key developments. For me thats one of the most compelling parts of the company - management that does what they say they will do and when they say they will do it.

And a geo-political situation where gold will increase over time.

Why sell a single share unless you need the money.

Well you are looking for opinions so you can give advice to clients. I wouldn't condone that at all.

Just read the RNS's that have been sent from April 25 onwards and then make a view on where the price could be in your view. Its not hard. Truth is none of us know anything about where the price will be. Every time people guess we get wrong footed so best researching the fundamentals and modelling that.

I don't care how long you have been here, more so when you say you are not invested. If you really are a Financial advisor your approach is shocking. I wouldn't trust you with a penny. Sorry but chatboards shoukd not form any part of 'financial advice'.

Mercedesman surely if you have clients invested then you can spend 30 minutes researching instead of asking a chat board for advice? If I was your client, I would resign from you if I knew that's how you are trying to gain knowledge on investments...

Agree Speedy. Charts are also backward looking anyway. Who knows what will happen today, never mind next week. Unpredictable times at the minute and like you i just research my investments properly. I buy every dip and just plod a long making a few pennies here and there, no charts, no stress D:)

I do get a annoyed with people predicting the future. No one knows what the price of gold will be in 1 hour. Never mind confidently telling the board that gold will be 4500 soon. Either you figured out time travel or you are just making stuff up to look smart. Which is it JB1982?

Pernickety Iran produces around 5% of the world oil only so a much smaller number.

Toby1967 i read SD's comments on this already, stating he doesnt see it as a problem. Here are the comments

Mr Day said the EPA recommendations relating to the night parrot did not come as a surprise to Greatland.

“It is a multi-year process engaging with the EPA so the conditions are exactly what we expected them to be,” he said.

“We are comfortable. This is precious metals so a relatively small volume of material. In contrast to some of the big iron ore haulage, this is relatively a small amount of high value material, and you can comfortably haul it during daylight hours without any impact on operations.

Droverman ah ok - so you know the situation very well D:). TBF i blame the EU of a lot of our problems.

There are many key industries where we should be using "protectionism" but for successive governments it doesnt appear to have clicked.

well prof stax - if you didnt try talk down to people then i wouldn't be treating you like a pile of of ****. its deserved.

what you are saying is also way too simplified. governments can and do influence trade - through export controls, sanctions, tariffs and trade agreements. so if the uk didnt want china to flood the market with xyz then they can apply a number of mechanisms to stop it. and they should unless they want to be fully dependent on others.

i recall my dad working at british steel and our government allowed china to flood the market with cheap temmu quality steel - which pretty much killed our steel industry off. our government could have prevented that but they chose not to. the government should be trying to keep as much industry within the uk as possible so you are not dependent on 3rd party countries who can move the goal posts at any point. thats the point - and it doesnt matter if its about china or usa. the west is at the mercy of others - who can dictate their terms. its suicide for the economies in the long run.

You do know something like 55 countries have laws protecting against foreign investment if deemed against the countries best interests. Including the UK. Same in the USA, Germany and India. Germany used their law to block 2 takeovers by Chinese companies back in 2022.

So what the hell are you talking about.

Its a free market. Until a government says no...

the market doesn't always decide.

governments can and do stop foreign takeovers of companies if its not in their interest. they can stop china through these laws. and they should be applied.

funny how on 1 hand it's a market and then the other is china restrictions on rare minerals. if they do that **** the west should be preventing any takeovers etc.

Ricardo2019 - the only way i think it could work as if they bought an existing producer and kept this as a separate entity. Corporate mergers take a lot of time / effort and focus to get right. Then keeping it separate is a challenge as the new employees dont become part of the new parent company and dont adapt to the culture.

The company i work at bought a company a few years back and decided not to complete any real integration. I am working with this new part of the company on some project and its a disaster. Just different ways of working, culture, expectations etc. So on paper the money for the company looks good but the reality is you need to integrate, fire all managers of the company you have bought, bring a new team in to lead it and then bring it into the fold or its a disaster waiting to happen - and that would take a lot of effort and focus at a time when we need to deliver what has been stated as the key deliverables for GGP.

Dip - pretty much my view.

Grow Telfer. Complete Hav and get that into steady state. And only then start looking into expansions or mergers etc. Why waste time and focus on shooting in too many directions, it will just cause problems and add more risk. For now the company has managed risk extremely well so i dont see that changing any time soon.

Once Hav is in steady state then surely we will be at over 500k+ ounces annually, no doubt with options to increase even further just on Telfer and Hav.

legendb

i do think your posts are bs. you basically listed risks that any mining company has and so far for years i haven't seen ggp miss-manage a risk.

and hav approvals will happen anytime so it won't be a single mine forever. that's actually the key investment thesis for everyone. you know that right? telfer was just a bit of magnificent luck.

then the pe you have is bull****. because it doesn't factor in a full years earnings.

i don't think you are invested here. more likely to be a ******ed short thinking a few retail investors can influence a 4 billion quid companies share price bu acting negative in a board ffs. or you would the basics like have and pe situation

or do you just guess what stocks to buy based on the wind? if you are invested here you should sell. you don't understand the company so no point holding.

ffs