Member Info for MH01

Our share price is frustrating us all. I see other minnows with rising SP and we can take a trick. Definitely tests our patience but I cannot see any other option at this point but to wait for the SP rise we all expect later this year once FS and DTMs are announced.

Toffers this is interesting and relevant to you making money with GGP.

Https://youtu.be/0g0FkiC5954?si=oBIzNAaqG8OAX0EU

Https://kingworldnews.com/macleod-this-is-the-big-investment-to-make-in-2024/

" Alasdair Macleod: “This is going to be a very interesting time. And I think in 2024, that (gold mining and exploration stocks) is the sector to be in, and my goodness we’ve got an opportunity to get in now…"

Well written Spade. As of today we are closer to the treasury than a year or two ago. I am as frustrated as anyone but have resigned to waiting. Buy right and sit tight is the old saying. Better to be early than late. 2020 is the past, very true. Lassonde Curve in play and the 2nd wave is in front of us. Patience should be rewarded and sitting still is the hardest thing, as we all feel we need to be active to make money.

Loads of catalysts for this year but the year is still ahead of us. The share price will hopefully rise back into the 20p's once again, but it won't be in a straight line.

We know all of the GGP catalysts that GGP can control...... FS, DTM, Havieron development, first ore, significant strikes on other tenements, corporate activities (takeovers, mergers, buyouts), ASX listing, etc.

Then there are additional catalysts external to GGP ie. the macro. Interest rates, inflation, war, fear, central banks, BRICS, gold price, copper price, money managers pivoting into precious metals, etc.

https://kingworldnews.com/gold/ ......read articles from here. Very promising on the gold price and what catalysts will make it rise. Not all pleasant reading especially when the various wars are discussed, humanity is sad, too many wars all over the planet.

I’m pretty sure Bamps constantly wrote the MRE won’t be a SP mover like some were hoping for. He kept saying the FS and DTM are far more important. Perhaps Plode didn’t read such posts. So no, not everyone was expecting a boom in the SP. Yes we did expect a positive response but we didn’t know how much.

Understood. Hopefully 2024 is the year for us. I just found this guy on Palisades and he seems very confident for gold

https://youtube.com/@scotday?si=56_0QBOGJp4CRDKY

https://youtu.be/2q0OUm6za9A?si=5BId6mWJ50fKW1Q3

Stressing over daily movements is not worth the headache in my opinion. Share prices rise on no news and fall on no news. What’s the point in stressing over it. Have future price targets that you’re willing to sell at and just wait.

Https://youtu.be/DXSgwE3k3VM?si=96-ilJwlES-2B1hT

..already shared yesterday but worth re-listening for Shaun's 2024 catalysts.

Other catalysts: gold price at $2500, copper over $4, Newmont issuing their own resource update which includes Havieron and supports GGPs recent update

My chief concern is GGPs share price moving northward this year and making me a lot of money, after watching paper losses for the last 3 years. The sooner the catalysts present themselves the better for us all…. FS, DTM, ASX listing, reaching the Havieron ore body, striking a massive hit outside of Havieron (after 3 years of praying for it) and I don’t care which tenement (Scally, EG, Rio JV, Juri, Bromus), Wyloo and staff exercising their options and pumping cash into GGPs bank account.

Aim999 and your aimless rubbish. Bore off. Cheers.

So in summary based on USD $3,000 gold:

PE of 10... SP range 29p to 44p

PE of 15... SP range 44p to 66p

PE of 20... SP range 58p to 88p

So in summary based on USD $2,500 gold:

PE of 10... SP range 22p to 33p

PE of 15... SP range 33p to 49p

PE of 20... SP range 44p to 66p

My calcs based on:

Ounces pa (incl copper credits) 30% GGP ounces

450,000 135,000 (GGP's share)

400,000 120,000

350,000 105,000

300,000 90,000

Gold AISC Profit PE multiple Price per share

$2,500 $1,000 $1,500 20 £0.66

$2,500 $1,000 $1,500 20 £0.58

$2,500 $1,000 $1,500 20 £0.51

$2,500 $1,000 $1,500 20 £0.44

Gold AISC Profit PE multiple Price per share

$2,500 $1,000 $1,500 15 £0.49

$2,500 $1,000 $1,500 15 £0.44

$2,500 $1,000 $1,500 15 £0.38

$2,500 $1,000 $1,500 15 £0.33

Gold AISC Profit PE multiple Price per share

$2,500 $1,000 $1,500 10 £0.33

$2,500 $1,000 $1,500 10 £0.29

$2,500 $1,000 $1,500 10 £0.26

$2,500 $1,000 $1,500 10 £0.22

8.4mill includes the copper btw