"Why do you think GGP want ASX ?" .. Shaun as covered this well. ASX is a commodity based economy and so will appreciate GGP more than AIM. GGP operates solely in Australia so makes sense. Also being an Australian it makes sense to me. I am pretty well read and Europe is not the panacea for the UK. It as issues. UK has issues. USA has issues. Australia has issues. However in terms of the ASX it is logical for GGP.
RE: EXCITING WEEK AHEAD BEGINNING 2.1.2531 Dec 2024 09:09
Keen to the read the numbers if it arrives. GBP is not in the driving seat in any negotiation being such a minnow. It’ll have to give up a lot for major to sign on. The major has the money, the capital and the skillset so without a major signing on then what for the GBP oil tenement… nothing.
Then what next if a farm in or JV arrives… plenty of drilling needed. Lots of money to be spent. And by who? Will it be shared spend or all by the major? If the major is footing the bill then GBP will have to give up possibly 90% of the lease as a result.
The European economy is a mess. Leaving was a smart move. Germany has screwed itself by following the USA in sanctions against Russia and so their economy is in the poo poo. No more cheap energy.
I am not “attacking a share” or anyone here… but I sure am on the receiving end being so “stupid”. I asked about the cashflow and outlook. Look at this board… 😂 chill out. Nobody here cares (apparently) so why do you? 🤷🏼♂️
Love that you all post to convince each other it’s all okay … but not worried remember 😂. Watch out for us financial terrorists 🤦🏼♂️ Wow I’ve heard it all now. Anything I post has zero impact on the share price. Same as you.
Not worried (apparently) but bite constantly like the rest. If it didn’t bother you then you wouldn’t post such bitterness. You're clearly bothered. Nobody can say a bad word here about Omar and GBP… right? The fact you’re so biased and blinded is crazy. Long term holders in this stock are well down, including directors. Very short term holders are up. You come over as a very young person with a poor grasp of English and grammar and spelling. Far too emotional. You rant and ramp daily. Give it a rest.
GGP currently has very low debt. We have a debt facility of $750mill AUD for Haviern CAPEX but it may not be needed if the cashflow from Telfer can cover costs, as Shaun has said himself. We also have a working capital facility of $100mill AUD so we may have drawn upon that since taking over operations. However it won’t be long until Telfer is cashflow positive and the overdraft facility is also paid back and not needed. Happy days and very positive for the future.
I can’t fathom why you lot get wound up by me or anyone. If you have conviction then what I post shouldn’t bother you. I posted a very appropriate post about two scenarios… no farm in versus a farm in, and what would happen for each. Again very distasteful responses. If you aren’t bothered about the questions why get so wound up? Nothing posted here makes a jot of difference what happens in real life. Cash is king.
The first Cantor Fitzgerald holding RNS notes a spreadbet opened on GBP and hence their position is a hedge against their client. So unsure you can state they have bought in for any other reason.
GBP is not in the driving seat in any negotiation. It’s a minnow. It’ll have to give up a lot for major to sign on. And without a major signing on then what for the oil tenement… exactly. Then what next if a farm in or JV arrives… plenty of drilling needed. Lots of money to be spent. And by who? Shared spend? I think many here including potty mouthed cyber troll don’t think past their ramping agenda. This is not a lottery win.
This is not a “safe stock” … what an idiotic statement27 Dec 2024 12:30
Safe is a term deposit. This like ALL explorers is a speculative risk. Please stop saying this is safe as houses blah blah. That’s irresponsible. Hopefully nobody is that gullible.
Case in point. Right on queue. I post that people can have opposing views and boom …. apparently they cannot. Wind your neck in douche. You invest here or anywhere … good for you. Nobody actually cares. If someone posts here and you don’t like it… why do you jump so high? Nobody cares. This board doesn’t dictate the share price. Pump it all you like here. Dump it all you like here. Nobody cares. The constant fighting here is wasteful. If you want to hear one side of a story then go to church. If you can’t bare the thought of an alternative view… stay clear of chat boards. Also the fact you also seem to read everyone’s post and recite it back to them… haha. Get a life,
nothing is nailed on here at this end of the investing market… it’s highly speculative … so many think this stock is a guarantee without risk. hence trybuy and the others pop in here and you all can’t handle an opposing view. who gives a ****t if you believe something and someone doesn’t… is this a religious cult? the lot of you need to get real.