Member Info for MH01

Judas will never come back. Banker Gervaise ran with his loot the minute he could. We now have a proper mining team at the helm. Some nonsense posts now.

From H2 2024 GGP should be receiving its first income. Unsure how much will be received in 2024 however I did post this last week, and hopefully revenue will increase each year.

"If Havieron produces 400,000 ounces gold equivalent per annum" - 30 Aug 2023 10:09

GGP earns 30%. Using Aussie dollars.... $3,000 gold price less AISC $1,250 (use USD$800) = $1,750 profit per ounce. Let's be conservative and chop this down to AUD$1,500 per ounce to allow for any other cost increases.

$1,500 profit * 400,000 ounces * 30% = $180,000,000 (AUD$180million) profit to GGP. Say about GBP£90million per annum. Will only take a couple of years like that to repay all debts and be debt free.

You can play around with the assumptions yourself to arrive a range of possible outcomes.

If gold and copper prices rise materially during the expected commodity boom, then the profits will materially rise as well. £90mill could double to £180million. Lots to play for and if it plays out as expected then I expect the share price will rise materially, these numbers will bring in a lot of new buyers in Australia and the UK, plus the GDX.

GGP is fully funded so why should a raise be needed at the present time?

......meaning Five Diggers have NOT sold shares.

The exact figure I noted for Five Diggers I also found here, so no change https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xeg9vjw

The last Bloomberg Terminal screenshot I saw shows Five Diggers owning 138,981,150 shares. That is how you can tell, find someone with BT access.

These studies could explain why the Feasibility Study has been delayed. Newcrest want to incorporate the outcomes into the FS which could lead to benefits for Havieron/Telfer for the environment and a reduction in costs to operate.

My maths suggests 9p from 6p is a 50% profit.

Capitulation I think it’s called when those pack it in and crystallise their losses. New holders come onboard and enjoy the ride up and profits made. Hold, sell or buy more… what you going to do?

Https://www.researchgate.net/figure/The-Lassonde-curve-the-lifecycle-of-a-mineral-discovery-and-as-a-function-of-asset_fig3_372183748

Considering that GGP has had to go through the funding/feasibility/development stages of the Lassonde Curve the past couple of years..... 2024 should be different because GGP will be entering the start-up phase of the Curve.

For those that do not have faith, I do not need your comment to say so, just scroll on. https://kingworldnews.com/gold-silver-markets-near-historic-upside-explosion/

If you look on the Newmont website under their investor section, the details are within for voting dates etc

You are right in that many will sell out when they hit break even. If you want a good visual of that Gareth Soloway has a new YouTube channel and his 'Game Plan' is great. It is common for those nursing losses, will sell the minute they break even. This forms a share chart resistance point. In time the weaker hands are flushed out and new hands arrive, without the baggage. It will be a slow climb up I feel.

Dip has summarised what’s happening at the moment if you don’t want to go listen to Shaun’s interviews and GGP announcements.

So if you are a shareholder why do you continue to denigrate the company you own shares in? GGP is down but most of the sector, especially the junior end, is down the same. It is said EVERY day that we need to wait for the catalysts to supply market data for the market to reprice GGP. It is nonsense to write that GGP is doing NOTHING. They run the company NOT the share price.

Plode do you still own shares in GGP? What about Sharky?

Is Fred a shareholder? If so why the hell is he so bl0ody negative on all things GGP? He is the first to make a snarky quip on any positive post. The minute anyone looks to the catalysts for GGP's future share price there is Fred name calling people happy clappers etc. He is very supportive of the sky is falling type posts, anyone who is super negative will get Fred's tick of approval. Perhaps you need to explain your intentions instead of being a d1ck every time I post.

Why do you post on here Fred?

Https://youtu.be/mvo4fb8KmOI?si=ioavGe_BmO55Bqtd

Imagine what that would do to all gold listed companies and their share price…