Member Info for Littlepost

? Didn't say they weren't executed. They were just compiled throughout the day. Probably asx orders.

Yeah, they are worked trades!

TT,

This follows what I also posted from the WSJ last week, when Barrenjoey analyst Daniel Morgan said the drivers of the sp downgrade in GGP are confined to ore sources at Telfer.

No, there were many more drivers, already discussed, if they are stating the above I wouldn't put much weight on any of their predictions.

Hi Paul,

If this is the case:- Just the abnormal spivs on here trying to gather your golden tickets for a song.

Why then can you not sell any meaningful amount I.e. 20k plus shares in one tranch? Most about 10k.

Do the spivs want it lower? How low?

I've been reading through ggps response to the above.

Mostly it seems OK.

The, when did ggp become aware of information and whether it should have been released to the market, is a difficult one and possibly will never be resolved and therefore sp shouldn't be penalised.

The CGF increase however does not sit as comfortably

Response:-

1.4 The Prospectus Capital Growth Forecast identified the opportunity to continue the Stage 7

Extension, extend the West Dome Open Pit (southern and central extensions) and consider

Main Dome and West Dome Underground opportunities “from FY28 onwards”. The Updated

Capital Cost Information details that the West Dome Open Pit Stage 7 Extension and West

Dome Underground extensions are now planned for FY26, rather than from FY28.

Company response: Yes. The Company considered that a reasonable person would expect

that the indication of the Company’s preparedness to make the growth capital investments in

FY26 would have a material effect on the price or value of its securities. In respect of the

Updated Capital Cost Information see the response to question 1.3.

The Prospectus referred to “extension and growth opportunities at Telfer from FY28 onwards”.

This disclosure was referring to the potential sources of ore for the extension of production

beyond FY27, not that the capital investment to achieve such extension would only be incurred

from FY28 onwards. Capital investment is necessarily incurred prior to the realisation of

benefits from that investment, including gaining access to ore; the two are not simultaneous.

The majority of capital expenditure outlined in the June 2025 Quarterly Report relates to the

growth capital investment that is required in order to achieve these extension opportunities,

and realise the benefits beyond FY27.

Surely this could have been communicated better in the prospectus? It's a really fudge answer- in my opinion. And if 2028 extensions are now included in 2026 should this not have increased the ounces?

Grateful, in advance, for reasonable responses.

GLA

Hi Redirons,

Nice to see some compassion on here. 👍

Thanks. Element1 👍

Thanks hopefullygold.👍

Just to clarify. If any drivel was directed at me, I have the upmost respect for Element1.

Hi Element1.

Thanks for your response and outlining the note, which yes I had not seen, but had heard bits of. Yep definitely a hatchet job. My view remains the same though, however it came about credibility has taken a hit. But it is what it is now, and there's hopefully a lot of food news to come which will, if realised, repair the confidence and sp.

All the best. I won't be commenting on this further.

GLA

Hi Element1,

Your opinion:-

"There’s no issue of trust or credibility here - quite the opposite"

My opinion:-

There is an issue both the market and all aus press agree. I do as well, wish I could convince myself there wasn't.

Setting that aside though.

I agree their response was positive i.e more drilling etc. Will improve confidence. But the response indicates that they were aware of the issues and had time to get a plan together to present to the market. So why was sd so wrong footed?

Would it not have been better to have delayed the IPO and adjust the prospectus accordingly?

Sorry, I just can't ignore the elephant it my room, its getting in the way!

They are 'under scrutiny ' by ASIC.

Ah yeah, fuming.

Can someone please explain to me why, a week or so later, sd is still fumming (rendering him unable to communicate effectively, as has been proposed).

Why and fumming at who? Because if anyone it should be 'an in house fume' . I'M FUMMING ffs.

Hi Lyndon,taking your post at face value (it not being an attempt at sarcasm) :-

The "blow the doors off" etc. comments were fair enough at the time. It could have happened. So don't feel you have been misled.

Things recently changed, reinforcing though doors, to what extent I've no idea? Your guess is as good as mine (or anyone else on here) so go with your gut and or research. The STOCKS DOWN UNDER article may allay some of your fears, depending on your take on it.

It's shaken my resolve somewhat and I'm trying to rationalise my response at the moment. But I'm still in.

Hi element1,

I would strongly disagree with "Make no mistake - This 25% drop was triggered by the Macquarie note. Big moves took place in oz that IMO are designed to freak

people out. And "this is the truth".

Let's deal in actual facts here:- the drop in sp was caused by the a)downgrade b)loss of credibility and c) compounded by the note.

b) is by far the worst of these. Credibility whilst it weighs nothing, ounce for ounce is worth way more than gold!

Let's not deflect blame elsewhere.

The STOCKS DOWN UNDER article 5th Aug. Is the best explanation of this debacle that I have come across. Well worth a read to get clarity.

If sd and the board do not comprehend the damage their actions have caused, and take every, every! Possible opportunity to repair this then they need to go! Let's hope they do.

GLA

Chippy9,

(imaginary shares or not 😉)

That made me laugh as fairly confident who you were refering to.😉

Victor,Oscar,out!

Is the disparity between shares sold and bought during trading due to orders being filled? Ie more sells than buys? The gap seems to close nearer to end of trading.

hain celestial looking like a good investment at the moment. they own hartleys jam and i've heard they're getting a massive order tomorrow!!!

it's a joke by the way.

but, before the jam, looks like we've been fed a sh#t sandwich. the lasonde curve, on becoming a producer, shows a steep ascent (based i presume on the producer carrying out sufficient due diligence) without interruption (major pull backs) were not experiencing that at the moment, we were though. hopefully things will settle down and the ascent reignite.

i feel for those suffering at the moment and completely understand their frustrations and why they post as they do (most anyway, some are just ****s). maybe cut them some slack??

also if 'the lady doth protest too much' that smacks of hypocrisy!

gla. cmon ggp show em what we got!!!

Hi Scaramouched,

So the 50,000 ounce downgrade is, by my calculations, around 15%. On top of that was the increase in aisc.

The excuse for this, as far as I can determine, is that the data the original ounces were calculated on (which was historical data from newmont) was wrong.

Hhhhmmm that's not a good look. It doesn't matter how people on here view SD/ggp now, There's been numerous, pointless arguments and name calling, on here on that subject. It's how the market/ii's now view him/it. An increase in the price of gold and resulting improvement in figures will not repair what's gone before. It's a by product not anything that ggp will influence or take credit for.

I was going to use a Mars bar as an analogy but think bricks illustrate my point better. If a housebuilder buys a large quantity of bricks from a company (size +/- 1%) and when they arrive they are 15-20% smaller that throws a massive spanner in their works! If the company who's supplied the bricks then (remember no refunds) says, well we were told the bricks were such and such a size by the manufacturer. That to me does further damage. Any housebuilders looking on will think hhhhmmm.

It's a bad, very bad, mistake which has not been fully explained. Credibility is everything, I think we have lost more, of that, in Aus than realised. Some say the Aus press is biased/in cahoots maybe though they are reflecting the true sentiment. The sp seems to agree.