Metal value owned by GGP30 Mar 2026 14:43
Did a quick calculation of all the metal at Telfer, Hav and OC that’s in the ground based on today’s MREs.
The total I came to was £2.5 trillion. I’m probably orders of magnitude out but if correct, that’s a big number equivalent to £3,700 per share. No account has been taken of extraction and processing costs and I’m sure the NPV will be significantly different, however I do think that it illustrates that at £5.50, our shares are a bargain and ripe for multi bag growth.