Member Info for LoggyLogbot

I haven't posted on TM1 for a while as I've not been a shareholder for some time, but I wanted to vent a little because this has been so disappointing to end up in this position and I hope that there will be some light at the end of the tunnel for anyone with some cash still tied up here.

Just for information, for me the final straw was the use of the CRML shares for working capital, adding to other issues such as not receiving any hard cash for the Lithium assets and only receiving shares - the second was not hedging these shares in any way knowing the date they came out of escrow, and finally the working capital / debt repayment issue. With a bit more nous they could have had an extraordinary amount of cash to play with. In the end I couldn't give the benefit of the doubt any more that it was bad luck after bad luck.

All the above items relate to TM1 and their own projects. TM1 also had a massive opportunity with the investment in the Recyclus project. It was a great project with potential ( and still is ) - the one thing that did become apparent was the investment in Recyclus at the expense of TM1. The structure of the company(s) is something I will take from my investment when looking at other low MCap companies.

I hope this suspension is sorted soon and people get the choice of what they want to do with their cash again, rather than held in limbo by a BOD that I grew to have no confidence in.

I am genuinely curious how this one is going to pan out - I really hope that this returns and picks up for anyone still in.

Looking at the graph (under GGP short positions, above ⬆️ ), it looks like they need to start taking two steps at a time coming down those stairs.....

Annoyingly when I read "Jane Street", my brain keeps populating with the words "Janet Street Porter".

What's even worse is that it's now progressed to "Janet Street Porter the shorter."

I need a lie down.

Why is Newmont's MCap so "low" in that list - I thought their MCap was much much higher?

Blimey. Lots of records going!

Hi rangerwillow - I was just looking at that. I think you may be right for today, but we've actually done pretty well against gold - on practically every other 'recent' time metric GGP is ahead of gold ( 1 week, 1 month, 3 months, 6 months ) - unless my yahoo chart is flawed!

$4,500.93

Https://www.reuters.com/business/glencore-rio-tinto-resume-talks-mining-mega-deal-ft-reports-2026-01-08/

Those bars have increased in value by about 69.7% since they were produced!!

"Looks like a good day again guys and gals. "

True ( unless of course you work for Jane Street... )

Happy new year for tomorrow to everyone on the board, even the wierd ones.

GGP shares are roughly £5 at the end of 2025, having finished £1.27 in 2025.

There is a lot to happen this year. Not making any predictions for end of December 31st 2026, but I can say that if the BOD handle the coming year in the way that they have dealt with 2025, then I can only think extremely positively.

All the best

Loggy

My poem.

"By the time I take down my Christmas Tree

I hope for a share price of five pounds seventy three."

Gold USD 4 506,23

6,002.00

GBX

Aqua, I was just writing a similar thing:-

Even if there is any shortfall in production, the revenue gained from the uplift in gold price will drown it out. We saw last quarter what a difference the recovery rate made to the figures - this time round it's the massive uplift in spot prices.

Surely the revenue figure trumps the production figure - in the hypothetical situation of production increasing slightly but gold price halving, the SP would certainly go south, so surely the reciprocal maths should apply. It's actually a substantial drop off in gold price that would have more impact.

Just my view.

Sorry SJ, read your post too quickly! (And I got a bit excited when I saw the current POG) - We will see later what gives.

Gold is actually $4,440.14 now....

This is one of those where I wished I'd picked up more!

I've done really well but only on a disappointingly small holding.....!

Positive things for me:

Don't know what the volume was but GGP finished strongly down under ( 10.82 ) and gold price is fractionally higher since close.

I'm now looking forward to a full year's worth of production figures for clarity. There was an excellent post (doublehun I think) that was taken from 'X' that showed the average price of gold across each quarter ( I've found it now https://x.com/YorkshirPuddin/status/2001936687656812747 )

This should have some serious effect on GGPs figures.

Also, sometimes I look at blue chip or multinational miners and wonder how many bought shares when they were at the start of their journeys and have held or added all the way through. The Fortescues and the Northern Stars. Companies that are now at the dividend stage - I wonder how their dividends compare to their original investents!! Meanwhile the timing of the gold price has enabled GGP to throw off cash, which gives huge 'optionality' for a strong team to make the decisions which will hopefully fasttrack this company into the top tier.

GGP should be on the front foot this morning. However, someone really needs to get a move on drawing one of those rockets made up of keyboard characters.