The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
are that our shorters had a chin wag last night and said "we can't afford another day like today so we will hit them hard first thing and make sure we supress any early rise"
03-Feb-22 08:16:13 15.866 165,000 Sell* 15.80 16.10 26.18k O
03-Feb-22 08:16:11 15.866 150,000 Sell* 15.80 16.10 23.80k O
03-Feb-22 08:16:05 15.82 342,709 Sell* 15.80 16.10 54.22k O
On a separate point I listened carefully to the podcast and feel Canary gave an excellent account of things. Great questions were asked and the one about the 20m oz suggestion SD absolutely made it clear that "if this is to be held in that telfer type company it will take 3 TO 5 YEARS" so please anyone with dreams of anything remotely near this either at MRE2 or even later this years you are going to be disappointed.
GLA MFU
manu,wasred,dodge,SAS & anyone else interested- sometime when we have something to celebrate (hopefully very soon after 5% and MRE2) a few like Napthman,Hairykebab SomewhatGullible are hoping to have a GGP/Football chat/social around Stockport/Manchester
Would love to hear some more of those old footie stories from you guys
GLA MFU
Not quite on your level Hydro but what has disappointed me a tad is GGP have not even given the courtesy of a reply or acknowledgement :((
Good Afternoon
I write as an extremely concerned investor of over 3 years. I am one of the fortunate holders who started when the SP was below 1p and enjoyed seeing the company and SP grow exponentially
We are witnessing significant disruption both on LSE BB and of the share price which looking at trends appears to be being heavily manipulated
I write as I believe it is long over due for Shaun Day to go public on this and make clear he is not aware of any reason for this share price depreciation to be taking place-just as Gervaise Heddle did on numerous occasions
We have been the backbone of the Company from it’s early stages and feel we deserve to be supported much more than is currently the case. I currently hold close to 2m shares
I look forward to your response and more pertinently SD either by RNS or a public statement to highlight the issue and that investors should have no concerns
Best Regards
NCM or GGP ?
Thanks for all the musings and assessments quite interesting to hear so many opinions. It is each to their own and what being a part of a board like this is all about....to learn to educate and to understand different views (without the obvious derampers of course)
Here is my really simple 3 point take FWIW;
1.I would dearly hope that our 5% is agreed at a level above the equivalent market cap at the time it is announced so we move forward SP wise as opposed to what happened at the PFS. Please SD no fraction of a fraction explanations or $ per oz in the ground at ridiculously low levels when we already have an AISC of $1,000 that "can only get better"
2.If NCM really disrespect our joint partnership & play ultimate hard ball and if necessary go to Independents who work on their way of assessing then at that point we dust ourselves down with 25% left-short term win for NCM
3.If point 2 plays out that way then NCM had better be left in no doubt that if they ever want the remaining 25% that they will be paying a premium like no other before-long term win for GGP
Conclusion ? No one has ultimate control...the best way forward for both parties is to agree a fair valuation
GLA MFU
another 1.1 million they have used today from the loaned shares and no immediate impact on SP...they are trying very hard to stop us gaining traction and both arrived as the SP was gaining momentum (anyone replies saying these are pi's please don't bother :))
31-Jan-22 15:54:02 13.844 547,225 Sell* 13.80 14.20 75.76k
31-Jan-22 13:03:53 13.801 543,500 Sell* 13.80 14.30 75.01k
GLA MFU
Hi James. Yes indeed. A few weeks ago an even bigger trade well over 1m shares landed looking like a huge sell. A pi bigmj ? came on and claimed it as his as a purchase that had been worked on all day. By the time it landed the sp was higher making it look like a sell.
Best regards
MFU
James it is highly possible that 678k trade was a worked buy through the morning. Very limited stock currently so makes me think so. And price strengthening slowly too :)
GLA MFU
"For most of he day I could get an instant quote to sell 500,000 shares. Stopped 2 minutes ago. Order filled????"
Bellers ..like these you mean ? :))
21-Jan-22 15:49:00 14.437 528,252 Buy* 14.10 14.30 76.26k O
21-Jan-22 15:49:26 14.437 528,252 Buy* 14.10 14.30 76.26k O
GLA MFU
"In mathematics and computer science, an algorithm is a finite sequence of well-defined instructions, typically used to solve a class of specific problems or to perform a computation."
SB why would someone (and please don't insult my limited intelligence by suggesting it could be 12 different people) sell 12 x 10,000 shares when one sell of 120,000 would have done (I did a dummy sell and you could get the same price for 120,000-why create 12 x dealing fees for one ? So I believe that someone somewhere with an ulterior motive has created 12 sell transactions to impact the computer systems that work these trades in to helping lower the price by more than if it had been one sell
I am sure you will tear my little theory apart however you also tried to dismiss my previous suggestions re shorters and manipulation which has since been proved rather correct
GLA MFU
Member since 21 Jan 2019! This is a very different board to when I decided to up my game and try and learn from so many esteemed posters. Thankfully back then the good eggs far far outweighed the bad 'uns in fact I can hardly remember any dissenters. Shows how far we have come and how many envious eyes have done their best since last year to try and sour an incredible story ! .If someone had said to me in 2018 when I first invested that I could be part of such a unique and improbable gold find in the Aussie outback I would have sent for the men in white coats but here we are ever closer
Let's hope by my 4th anniversary we are all celebrating even more :))
GLA & thanks to ALL the quality posters and investors and look forward to meeting some of you one day
MFU
multiple 10k share sells to get the algorithms heading down ? Showing as buys but are sells as 14.7p to buy at the time ...thoughts
21-Jan-22 10:29:59 14.475 10,000 Sell* 14.30 14.80 1,448 O
21-Jan-22 10:29:36 14.475 10,000 Sell* 14.30 14.80 1,448 O
21-Jan-22 10:29:19 14.56 10,000 Buy* 14.30 14.80 1,456 O
21-Jan-22 10:28:51 14.56 10,000 Buy* 14.30 14.80 1,456 O
21-Jan-22 10:28:39 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:28:15 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:28:03 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:27:48 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:27:35 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:27:21 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:26:57 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:26:42 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:26:31 14.57 10,000 Buy* 14.30 14.80 1,457 O
21-Jan-22 10:26:15 14.56 10,000 Buy* 14.30 14.80 1,456 O
GLA MFU
Busy working today and just had a quick scan through posts this late trade anything to do with shorters? 1p below closing prices?
20-Jan-22 18:53:33 14.029 2,569,876 Unknown* 360.53k
Many of us have warned people about the high likelihood of shorters...many naysayers but this JPM development adds to the argument. Can only hope they get their comeuppance. There are many fund managers that make bad calls let's hope this is one of them .Something puzzling me what's their motivation? To make a few quid or drive us down for a large client ?
GLA MFU
Hi l-a!
Why 50/50 when we own 100% of the 5% ? Is it to reflect the share of costs -if so has that not already been factored in to the AISC ? Confused.com :))
GLA MFU
Mumbo...I am not an expert here and rely on many of our esteemed geo's and those closer to these things.
If it was a simple case of multiplying the shortly to be updated MRE by the profit margins covered in the PFS then if we were upgraded to circa 7m ozs x $1,000 x 5% =$350m .That does not take account of any future growth which SD has already tweeted we would be pushing for. I am sure there are "holes" in the above simple calculation but therefore why could we not expect this kind of figure ?
GLA MFU
Lenz..."no way is SD going to let the 5% show GGP share price is over valued"
He did a month or so ago when we were at 16p plus and he chose to offer the instos a placing at 14.5p ??
I share Monty's caution here. There is no certainty NCM will offer anything linked to the SP-it will be linked to various criteria for the 5% asset. If that represents a value below the remaining market cap equivalent do you think our friendly cooperative pi supporting mm's won't haircut us down ? Damn right they will in the hope of shaking out even more pi's. I am keeping everything crossed that the agreed figure is at least equivalent to the SP and ideally a nice premium over and above to reflect the fact we ARE undervalued
GLA MFU
My sincere condolences Mattyboy having looked after your Dad for so long this will be even tougher for you but your Dad would have lived his past few years with his Son right alongside him which would have meant so much to him.
Descanso en Paz
MFU
007 agree...what I was meaning was them getting the bargain of the century..I thought that implied a bargain for NC meant a shafting for us if you get my drift.
GLA MFU
007 it may not be the catalyst ...quite possibly especially if you look back at the PFS. SD had said on more than one occasion and included it in a Corporate presentation listed as one of a number of potential catalysts...the only catalyst was down from 22p pre PFS to 16p straight after.
Where I disagree with you though is NC getting the bargain of the century. That is speculation and gives no credit either to the GGP negotiating team of the independent assessment if agreement cannot be met. On this point if Newcrest were to shaft us (unlikely I mean a proper shafting) then when they come back for the final 25% (assuming they want it) then who has the high ground ??
Anyway couldn't resist these two top ups earlier taking me above my usual maximum (it was 13.925 to sell at the time so I thought what the heck :)
13-Jan-22 15:29:04 13.900 100,000 Sell* 13.80 14.20 13.90k O
13-Jan-22 15:27:48 13.900 100,000 Sell* 13.80 14.20 13.90k O
GLA MFU
Bellers hi just thought I would take you up on your dummy sell idea as even in the good days they would take around 500-600k shares ...blimey they have just offered me 14.12 for the lot !! That hints someone is hungry for sure (at this level)
GLA MFU
The buyers are fighting back ! Come on GGP :)))
11-Jan-22 11:57:53 14.50 100,000 Buy* 14.40 14.50 14.50k O
11-Jan-22 11:56:59 14.50 68,924 Buy* 14.40 14.50 9,994 O
11-Jan-22 11:52:17 14.499 216,746 Buy* 14.40 14.50 31.43k O
GLA MFU