Member Info for MH01

I have an IG account and the daily volume since Monday last week has been significantly up.

October 2021 was the last time I can see a block of volume similar.

Really hoping this is finally the momentum change we have patiently been waiting for these last couple of years.

Could this unexpected SP increase be due to:

- GDXJ topping up?

- Short sellers buying after closing their positions?

- New II's?

- New PI's?

Https://twitter.com/realtwittar/status/1718968164606751210

Https://twitter.com/paddygall1/status/1718965619201044601

Red, the horse has bolted since GGP has relinquished the Tasmanian tenements, however they did so by retaining an interest and will be paid if a mine is in operation. So win win. Our team and strengths lie within Western Australia so makes sense to stick to your strengths.

Havieron, Ernest Giles, Scally, Juri JV, Paterson South JV..... these are the future for GGP. Not to mention Panorama and Bromus tenements as well.

What does the RNS state?

GGP has a higher calibre geological team in place versus Fl1ynn. If they deemed it not worth their while I trust them. Having a resource on paper versus having an operating mine is a big difference. You make it sound so easy however it clearly is not for GGP to divest Tasmania. Stop living in the past, it is done. Focus on the assets GGP have rather than what they do not have.

*hoops

Red, you've been bleating on Tasmania all year. If GGP thought it was worthwhile then they would have done something about it. GGP still retains an interest in any upside. It is not a slam dunk as still many hopes and hurdles to go before it is even an operating mine.

July 2022 was the last time we say the 13s. Definitely been a testing period for all LTHs

Last 10-15 minutes is relevant to GGP. Discussion on interest rates, gold price and gold miners on ASX.

https://youtu.be/H4tPSxc_X68?si=bn1C0-bZ5L10MSk4

It is great that multiple times a month Shaun gives time for various interviews. Definitely nice being kept up to date like we are. Upwards from here. Next 12 months will be pivotal leading up to the FS and DTM. Gold is looking likely to be higher by the time first pour begins as well. GGPs share price has so much potential.

How do you think a broker note target is calculated? It is just mathematics. Estimate a gold price, AISC, annual production rate, use a sensible PE ratio. I have 3 calcs for $2,000, $2,500 and $3,000 gold. All shared. Price ranges came from that. Better than someone saying something like 88p or £1.44 etc etc without any reasoning. A range of 15p to 44p based on sensible variables is what I've calculated. Also since we are currently 8p this gives hope that the near term future is worth sticking around for. There are loads of people currently nursing losses. I am trying to be positive.

Circa 27th minute = Shaun

Https://twitter.com/RoastPR/status/1718616349734289535 Video within

Yes of course my numbers are 30%. I tried to share my calcs earlier in the week but they don’t post very well. Based on a range of 300,000 ounces a year to 450,000 from Hav. Take our 30% share from that.

We can’t guarantee a HAD005 and we won’t know the impact if they do have a nice hit. HAD005 was announced late 2018 and it wasn’t until 2020 that the share price took off.

It’s the rampy ramps which is why posters appear here to discredit because they blame those posts for people buying in during 2020 and now they’re bag holders.

So following Don’s method of FCF for Havieron only I’ve calculated some ranges based of gold at various spot prices less USD$1,000 AISC.

A 10 bagger from today’s SP sounds too rampy rampy in my opinion. 10 x 8p = 80p.

I gather you have a lower price reference point to expect a 10 bagger.

What we need is a FS with a production profile that enables a property FCF calculation. We know Don Durrett has USD$340mill pa multipled by PE of 10 for his USD$3.4bill market cap calculation. Which is based on 200,000 ounces to GGP pa which currently is a bit high with what we know.

My target SP range at USD$2,000 gold is 15p to 22p.

My target SP range at USD$2,500 gold is 22p to 33p.

My target SP range at USD$3,000 gold is 29p to 44p.

All based on a PE of 10.

My mind wonders to Sept 2024 quarter when the feasibility study is finally released and decision to mine is official.

Let’s hope gold is $2,500 an ounce at that point and our share price is back around 20pence or far beyond.

$2.500 gold using 10 PE ratio gives me a share price range of 22p to 33p. 22p based on 300,000 ounces pa from Havieron. 33p based on 450,000 ounces pa. GGP receives 30%. Assuming profit is $1,500 per ounce.

That’d be wonderful for GGPs share price. My SP target is between 22p and 33p for $2500 gold, based on PE of 10. And double that range for a PE of 20.

Have you looked on GGPs website? As a novice you should be reading as much as you can.

Dunno, is that a trick question? The Starvest transaction needs to be voted upon and then a process followed. Will be a few good weeks before the GGP shares are transferred from Starvest to their shareholders. Who knows what happens next, some will hold and some will sell. At least Starvest is not liquidating 80mill shares in one hit.