Member Info for Lee1235

sunkensailor your analysis is bullpoo. your price target is higher than the current price for a start.

you are comparing an explorer with a miner. factor that in please instead of doing an half ****d job.

gbp will need to raise much, much cash to get gold out the ground or tske the project on as a tiny partner like ggp did and nearly got screwed for. any lth will tell you. so yes there will be spikes in sp but on the whole it's years away from generating revenue and profit and that will impact sp growth. many of us in this forum have experienced that for many years.

also high market cap is surely determined based on revenue expectations. over 1 billion usd revenue is expected in the next 12 months. which is actually higher than a hell of a lot of uk companies.

also checked and seen they issued shares just to pay a consultant firm last week. that's not good now is it.

can you tell me what is gbp revenue?

As long as we survive another 25 years then I can retire haha.

haha doozer.

it's not really politics but more the art of getting **** done.

the good news for us is the uncertainty will surely benefit gold prices so for the next few years we should see consistent increases. i don't buy the of the world topic but maybe somewhere in the middle will be good for ggp.

Oiltrd agreed. If anyone is interested read Trumps book. The art of the deal, my boss swears by it. Trump basically swings for a 10, knowing he will settle on a 6

Too many people think he is crazy or he has no plan.

The tariff threat, isn't about tax. Its a means to an end. Like soldiers on the border, taking back immigrants or reducing a trade deficit with the States. Main issue you normally can't tell his objective until after an agreement is made.

Indeed Freddie. I keep buying more shares than I want here and on the raise I just sell the extra shares keeping my main holding. Take advantage of the volatility and all.

Slim ggp

The use of filter has changed my life. I can tell exactly who is here due to the none stop hidden posts but I don't need to read or see the same trife.

Sure Freddie it's a punt. But the original clown is telling people to sell up here and buy there instead and conspiring the companies. Different investments/ different timings. Its no longer the same is it.

I also don't care who invests here and there. Even the smart people make mistakes D:). 20 mill to me is a dream that won't happen. To him it's a punt that's annoying to lose but it's like us losing 2k.

If anyone thinks GBP is a serious company then just spell the full name out. A bloody petroleum company now pretending to be a gold company. In a few weeks no doubt it will be digging for magic beans.

Fools who are trying to stich people up with that are bastards. Even if successful with gold exploring, I learnt my lesson here. Finding gold is easy/ funding and getting it out the ground is expensive so either massive dilatation or are a partner will take a JV so the upside to SP will be limited unless they can go at it alone

Kempey so why would you compare GGP to a start up?

You must have read the info that shows the actual workers doing the work are existing staff? That derisks the work. Then an experienced board, not some 25 year old grads.

They delivered a sound strategy with timeframes for the activities.

Kempsey shows you know nothing. Roughly 400 staff moved across from the old owner to GGP so the people doing the work are the same. The board is experienced, many from Northern Star including the CEO.

Then there is 1 bill worth of gold sitting right there. Without any mining. On top there are the extension opportunities.

Why do clowns appear on here. No research just stupid comments. Negative comments are fine if they are backed up by fact or at least a credible opinion instead of just shooting from the hip.

Market cap is only 1.2 billion, to turn your comment 180 degrees.

I take some of this with a pinch of salt.

What crisis? I have seen no countries having issues repaying debt so think this is bizarre to claim the end of the world. Inflation is dropping or only just above central banks target ranges. I dont get it, really. I can understand the demand is driven by the uncertainty with USA, wars in the world, etc. Apart from that most things seem normal.

Haha Doozer. Not surprised really. It does show in the west. Many countries seem to be falling behind. Even look at Germany. Used to be such a stable powerhouse and now it's the sick man of Europe.

Understood.

I tend to debate often with people and honestly i start questioning myself more and more. It can't be the majority of the people who are stupid. I must look in the mirror more instead D:)

Jokes aside I do believe we have a very badly educated population. People can't understand common sense and also claim 'hatred' if you mention a topic that triggers them, like DEI / foreign aid / immigration.

I bet offmessage supports the so called payments Lammy is pushing for on the slave trade. It sounds right up his street.

Doozer

I would ignore the fool. Guys like him are the problem in society. Thinks he is smart but actually should be in a straight jacket kept away from the other kids.

Let's keep printing money and giving it all away Yay for stupidity.

Our kids won't forgive or generation for the state we got the country into. That's the truth.

HungryBadger I think you miss the point. Im talking about waste. I calculated one police force in the UK spends over 7 million GBP a year on DEI roles only. There is 43 police forces plus Scotland. Then NHS / Schools / Ambulance / Army / Navy / Councils / MOD etc. How many of these roles do we have? Thats my point here. I am not saying DEI is the cause so thats wrong.

I would remove every single role and would save a fortune. That would reduce the government costs which equals less debt. Which means we can pay down the debt. Dont forget these roles are recent really and we dont have the money for it.

We give aid to India - stop that nonsense. We give aid to Pakistan - with the grooming gangs stop that nonsense.

There are many more things like this.

For info I work in a role with expertise in cost cutting , probs the best in my company globally so I understand it. Our government is effectively a loss making business.

A smart government would see this and fix it.

just do the opposite of every decision labour has made and the uk will be ok.

jokes aside. it's a spending / waste issue.

it would take a smart person 3 months that least halve the uk annual deficit. we have rachel from accounts so it won't happen shortly term. how much do we spend on dei / immigration / bull**** that is the cause of our problems.

it's really not hard.

I'm willing to bet my house that there won't be any gold backed currency to replace fiat, any time soon.

It didn't work before hence why it changed. If anything it will go digital, maybe crypto, is rhe right way in future Gold worked at a point in time but due to the obvious limitations it stopped. All the talk about gold currency in BRICS is laughed at by wall street. They say it would be just another derivative, backed by Fiat of Russia or China in the end. Gold has a purpose, 100 per cent but I don't agree with the doom and end of the world situation

It's why interest rates will drop within 18 months in my opinion. Then its back to normal for government stupidity.

I want gold to increase of course. I invest in gold and GGP but just think we shouldn't start expecting the end of the world. And if it does collapse gold will be worth little in reality. A sword is more likely the bargaining chip D:)

Too much is made of the global debt.

It's an issue with intrest rates are high but within a year or 2 they will drop. Most countries have debt that matches GDP. Its like us taking a mortgage at 1 times salary when reality is what 5 times salary? So I doubt in our lifetimes there will be a major collapse like people here state.

Japan has crazy debt vs GDP and its still around without this total collapse. ..

Also the US is kicking off this cost reduction work that I would expect most countries will follow suit.

At worst we will have some poor GDP growth due to governments printing less cash

MFU Actually your also a buffoon. You are talking as fact when like all of us on here, we don't know, we assume based on the Info we have. Dont think your an expert, I'm not.

If Telfer resources show no gap until Hav then who knows what will happen. You don't, MH01 doesn't.