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I agree pretty much with both those comments, but I always think there is room ( if personal funds allow ) for some more experimental investment. My own approach is to keep the main bulk of my holdings in the stable businesses that pay dividends, but I like to invest the proceeds in more speculative ( but hopefully well researched!!) areas. If successful then there is the option to take a bit out into the (hopefully) safe stocks and build up that way. Time will tell whether this approach has any merit! Saying all that, I find it hard to invest in good companies that are techincally overvalued. I will always miss out on the Teslas of this world as I can't get my head around the valuations, and on top of that I never know at what point to sell things, which is why I take dividend.... I think TSLA is a great company but I could never bring myself to purchase something that's valuation is so far ahead of itself. My loss I guess! I'm currently in LLOY, DLG, IMB for the boring ones - dividend paying, profit making, dull as dishwater. GGP is by a country mile my favourite 'exciting' stock.

I read the below article a while back ( it may have been posted before but I don't come on this BB much so apologies if it's a repeat )
I had been trying to find out RIOs break even price on Iron Ore and despite this article being fairly gloomy it did say:
"A [iron ore] price of just shy of $120 a tonne is still high in historical terms – and almost triple the $40 the price five years ago. And iron ore remains a staggeringly profitable business. Rio Tinto’s break-even price for mining the commodity is between $17 and $18 dollars a tonne.
So the recent fall in iron ore prices just means ‘less cream on top’, according to one analyst"

I believe it's hanging around roughly at the $100 so providing it stays around there I'm happy to add on dips.

https://www.thisismoney.co.uk/money/markets/article-10038781/Mining-meltdown-Iron-ore-price-slump-sends-shockwaves-industry.html

Blimey Brixton are you over 400 years old?

On the Shaunth Day of Christmas
my Truescan gave to me
Twelve drillers drilling,
Eleven Breccias piping,
Ten nerds leap-frogging,
Nine brokers gui-dancing,
Eight maidens resourcing,
Seven swans a-charting,
Six geezers surveying,
FIVE GOLD-EXPLOR-RINGS,
Four Canning hoards
Three [north] west trends
Two target depths
And a part in share history.

Hanging onto gains today?

Maybe we're going to buy 5% back off them. :-)

ha ha lebugue, i think that deserved more than the two recommends so far!

Floater that's interesting - despite the similarities in SP change, there is a clear difference to some of the others - for us the clock is ticking down on our defined route to production.

any ex-PI investors that used to frequent the board but sold out in the 20s are looking at re-investing?

Well they say time in the market is better than timing the market. Well I'm pretty certain that you can time it quite badly indeeed. I purchased my first batch in over 6 months yesterday - about 2 hrs before the announcement....
Disappointed to have missed out on roughly and extra 10% shares so I'm hoping that this extra raised money is used wisely and we are now on an upward trajectory. With management and institutions buying in at 14.5 we can surely mark that in as a base now. Well done to all those who managed to get in sub 15.

ericeric, I was looking at the same thing. It all depends on how much they are raising.

If it's something like, say 20 million, that would put SP at 15.95

"I’m a big believer in GGP but [ ]"

Could it go blue today after all that??!!!

Boris is the one *needing* car insurance, he does that many U-turns

top up since June ( I had to look back and that was .2065, this one .1599 ) - I'm seeing this out, whatever. So much news flow in the next few months. I remain resolutely positive. I just wish the share price would too!

I've got some fractionally under 2.70 but I'm all done now, can't do anything else for a while! Hopefully the drop is all done too!!!!!

GGP hotting up, Paterson region hotting up, Gold price hotting up.

Apologies for off topic - Gary, I like EPIC which pays 12 monthly dividends. It's profitable & pays a decent 6.5%, also looking to increase divi. Worth having a look at. May not be everyone's cup of tea due to the retail element, but then Cigs isn't everyone's cup of tea either!

Higher operating profit than 2020 and 2019, higher EPS, and if I read it correctly, less debt.
I'm extremely happy with these.

Strong finish for both gold and ggp