Member Info for MH01

"It is our view that US interest rate movements will be the most significant catalyst for gold prices in the near term. The long-term relationship between gold and rates suggests that for every 100 basis points drop in US 10-year real rates, gold rallies by 11%. "

"Telfer ownership update. Newmont has announced the sale of the Telfer mine that was acquired as part of their purchase of Newcrest. We see a new owner of Telfer as a positive catalyst for Antipa as it will answer the ownership question that has held the region back and may results in more aggressive development timeframes."

Https://x.com/hinds_stuart/status/1813513268209885188

https://antipaminerals.com.au/upload/documents/investors/research/240717062209_24-07-17-ShawPartners_GoldPriceStrengthtoContinue.pdf

Https://www.ggpchat.co.uk/viewtopic.php?t=932&sid=b88b5634ac578d8c924b58aceb9f53f4

Hydro’s mate from Jupiter has sold out it seems, whilst new buyers have come onboard

ASX gold companies had a good day so looking for the same here.

Chart looking promising for lift off if super positive news is only weeks away... https://x.com/Investor_Miller/status/1812267554364366966

Exactly Hannah. And I could be CB.

Dear girl, 2 years ago Newcrest owned Telfer and the forecast was for a bankable feasibility study to be issued by now and first ore already poured. So your 2 year old forecast is not based on anything current and actually relevant.

" When the facts change, I change my mind. What do you do, sir? " - John Maynard Keynes

Martin, the GGP presentation in the past was based on owning 30% of Havieron and having the ore processed at Telfer by the Telfer owner, at cost + 10%. I feel those assumptions are likely redundant now. Telfer + 70% is up for sale. So the figures presented by Shaun in the past will no longer apply in the future.

Tymers 2 years ago and today are nothing alike. You’re so up yourself it’s incredible. We have no idea how to value GGP until we know what we will own, annual production, inputs (revenue and costs), what P/E ratio the market will ascribe, etc.

Martin the answers will be subjective because you need to derive a value based on:

- gold price $3,000

- AISC ?? $1,500 ?? (copper impact is felt on this line)

- margin per ounce ?? $1,500 ??

- annual output ?? 250,000 ounces per annum ??

- price to earnings ratio ?? 10 ??

- so many variables

So at $1,500 net profit per ounce times 250,000 ounces a year equals $375mill profit a year.

Times 10 p/e ratio equals $3.75bill valuation. Which equals £2.9billion valuation.

Divide by 5.2bill shares on issue = £0.55 share price.

Note this is pure speculation based on the variables above, change the numbers and it changes.

Example, will new shares be issued to fund a purchase of Telfer / Hav ?

So many ways it could play out so at the moment how do you even value GGP.

Https://x.com/hinds_stuart/status/1813179599427166279

https://www.mining-technology.com/features/australian-miners-cash-in-on-high-gold-prices/?cf-view

Https://x.com/Investor_Miller/status/1812267554364366966

Pepper you've said your goodbyes more than a Rolling Stones farewell tour.

Fred only you visit adfvn, I have no idea what you're on about

Pepper that does not make sense what you wrote. Let's just see what happens. Nobody has said here that they know what is exactly happening on 1st August, that is insider trading isn't it. Just some educated guess. Don't get your uninvested knickers in a knot jeez.

Share prices do not go linear in a straight line Fred. Amazon dropped over 90% in the dot.com bubble crash.

Thanks for that insightful post Fred, amazing, looking forward to your next post. Interesting to see what some people focus on versus what is important. Thanks for the feedback lad, top man, thanks pal.

Oh wow, that really adds fuel to the rumour mill fire then. Thanks mate. Shame about England last night but hopefully it is still coming home for GGP.

Thanks Dip. To confirm, the Newmont meeting for 1st August is for Telfer staff only, and not other Australian locations? Thanks mate.