Member Info for MH01

Gold is money, silver is money. Paper is just paper, an IOU from the government. Those graphs you see aren't over a week, they are over decades.

In summary:

- PE 10 share price range from 23p to 34p

- PE 15 share price range from 46p to 69p

Anyone who cannot see the upside here needs to visit specsavers.

Https://kingworldnews.com/gold/ ...I look on here every now and then.

Plus on YT I watch channels such as Kitco News, Kitco Mining, David Lin, Palisades, Soar Financial, Pete Schiff, and others. Many PM specialists see gold as undervalued today so $3000 to $4000 is coming in time. Inflation and money printing can't stop in this fiat system which needs constant feeding to survive.

The impact will be life changing for us all. Let's add some numbers to see the leverage in play.

Let's say GGP produces 400,000 ounces per annum, with a profit after tax of US$1,000 per ounce, and is valued at PE of 10. Market cap is US$4bill ($400mill x 10PE) which is about £3billion which is 23pence per share (3bill / 13bill).

Let's say gold rises and costs can be managed and GGP is now earning $1,500 profit after tax per ounce. Using the numbers above that gives a market cap of US$6bill ($600mill x 10PE) which is about £4.5billion which is 34pence per share (4.5bill / 13bill).

Change both scenarios above to 15 PE and at $1,000 profit the share price is 46 pence per share (6bill / 13bill). $1,500 profit the share price is 69 pence per share (9bill / 13bill).

This is pure mathematics. If GGP can present to the market a consistent annual production profile and superb net profit after tax per ounce, the above is possible. PE ratios on the ASX vary from 10 to 30.

A picture paints a thousand words.... https://kingworldnews.com/gold-is-now-in-a-slingshot-pattern-higher-but-this-is-the-big-surprise/

Well said thedooors, being informed and researched is key. look at this place the last 6+ months.... lots of garbage posted without a speck of truth to it. and we now know why Shaun was quiet.... we had negotiated buying telfer/hav and he couldn't say it. so much goes on behind the scenes that cannot be disclosed.... you either trust the BOD or you don't. they have proven to be class. GGP was doomed without them, that is super clear.

Agree that Newmont's 20% stake is theirs and not ours. If sold the cash is Newmont's. If the shares are sold onto the ASX upon ASX listing to offer shares for new buyers then so be it, sounds sensible.

Given the amount of Aussie press De Grey gets for its 10m ounces.... if GGP can be Aussie listed and then announce 10m ounces plus.... then watch GGP become market darling like DEG. This is not hyperbole either.... this is realistic.

When I watched that it perfectly aligns with where GGP is at. Next year:

- real trading results to underpin company value... watch the rerate

- gold price heading to $3000 and beyond... considering the macro plus interest rate reductions

- copper price back to $5

- ASX listing will add a rocket to demand for GGP stock

- resource update for Telfer to surprise the market

- feasibility study for Havieron to surprise the market

- GGP will be in the top 5 gold companies on the ASX very quickly

- ASX300... ASX200... ASX100 ... making one or more of these will be great, Shaun alluded to that yesterday and why remaining on AIM is fine versus moving to the FTSE

- and much much more.

Bring it on, this is what we've patiently been waiting for. The best thing GGP did was hire Shaun. With hindsight GGP was foooked within Shaun and what has transpired the past 3 years in building up the company to where it is today.

Https://youtu.be/Te2mRcdEOSA?si=PPgLH_jQvHQcsI6d

In Q1 and Q2 next year once we have solid trading results to report… they should meaningfully add to the share price

What did Shaun say at the TH when you asked him that Matt…?

"Do you have a theory as to why the miners are lagging the gold price so much?" -- my theory is that the share price is a simple function of demand versus supply. EG... tech companies are at nosebleed valuations due to more global buyers than shares available... tracking ETF funds, etc etc.

Whilst our sector is not experiencing the same demand. However the PM sector is small so only takes a few percentage swing of buyers moving into PMs for the stocks to rise meaningfully.

Simple maths .... £2bill market cap divided by 13bill shares = 15pence a share

Https://x.com/hinds_stuart/status/1838302777065259224

"To give you a rough guide of what @GreatlandGold #Havieron 8.4m Au equivalent may be valued at this is Anglogold Ashanti valuation of Centamins 10.5 million ounces indicated and inferred

£1.9 billion

I think most can do the math from todays Mcap."

Https://x.com/Mike7791347907/status/1838253587912105996

Click and scroll down to the AUD chart.... all time highs in AUD ... https://goldprice.org/gold-price-australia.html

Hence the excitement... https://x.com/shaun_day_/status/1838071843409805598

How do you figure this? What market cap are you ascribing to GGP? The new shares were to purchase an asset not simply pay for operating costs.

You need to figure out an appropriate market cap for the "new GGP" and then divide it by 13bill shares to derive the share price.

"SP on the 1st Oct. Stock from 5.09Bn to 13Bn. There is only one way. I expect an SP of 3 to 4p.

Then we have consolidation........................................

Z"

Https://x.com/andrew_neal7/status/1838167123035570335

"There’s more upside at Telfer for us shareholders in the next 18 months, next March could see a huge increase in a resource estimate and then in June could see a big reserve MRE." -- agree that these would add many tens of millions to our market cap, hopefully hundreds of millions in fact.

The way I see it currently.... the market needs more factual data from GGP in order to give it a fair valuation. This will take time as Bamps says for the information to be collated by GGP and then released. In the meantime in addition, we will be revenue generating for the first time in GGPs history from 1st November hopefully... Shaun mentioned that date in his recent interview.

Once the market cottons on to our revenue and net profits, plus what is ahead from both Telfer and Havieron, a natural rerate has to ocur. Then layer on the gold and copper spot prices going up.... and money markets rotating into the precious metal space... GGP should do quite well. Just more patience needed though for these "confluence of events" (as SD often says) to present themselves.

GGP as a company has never been in a better position in its history as it is now.

10 to 1 is likely if it happens... 13b shares down to 1.3b shares.

1.3billion shares on issue seems okay when comparing below.

ASX peers:

- DEG shares outstanding 2.4bill and a free float of 1.9bill shares https://markets.ft.com/data/equities/tearsheet/summary?s=DEG:ASX

- EVN shares outstanding 2bill and a free float of 2bill shares (both rounded up) https://markets.ft.com/data/equities/tearsheet/summary?s=EVN:ASX

- Perseus shares outstanding 1.4bill and a free float of 1.4bill shares https://markets.ft.com/data/equities/tearsheet/summary?s=PRU:ASX

- Westgold shares outstanding 943mill and a free float of 909millshares https://markets.ft.com/data/equities/tearsheet/summary?s=WGX:ASX

I listened to Shaun's recent 2 interviews since the acquisition announcement and Havieron is the centre of GGPs future strategy, no doubt about it. He wants to maximise the use of Telfer and it's ore resources to tie us over until Havieron comes online and Hav ore is processed.

The Hav ore body is always compared to ASX peers in all presentations. It is the future for GGP. This water is a pain though. Plus the delays from Newmont since they announced their intention to divest has not helped. Now under 100% control GGP can do what is necessary to bring Hav online as quickly as possible.