Member Info for MH01

Timber I think you'll find Steve Todoruk's "agenda" is the same as yours and mine....... ie. to make mooonnneeyyyy. Therefore I would conclude that we all share the same agenda. After reading Steve's assessment of GGP it just reassures me that I am in the right place at the right time. I now need to be patient and "just let it play out" as Steve wrote.

We shouldn’t need to pander to II’s. They can buy into GGP like the rest of us. GGP can source operational funding from two means… NCM as we have already seen with the $50m loan, or the banks, as Gervaise said himself last year. Going to the market to raise funds from shareholders should only be the last resort if all else fails.

The logical way for II’s to obtain shares from PI’s is for the SP to rise. PI’s will sell and II’s can buy.

Why issue shares when they can borrow either from NCM or the banks? Callum wouldn’t want to dilute himself further. 145mill shares to be issued to the old tenement holder upon Decision to Mine. Hence debt over equity IMO. If cash flow is as strong as forecast it can be repaid rapidly.

To chip in on Shaun. The guy sees a clear pathway for GGP similar to Northern Star and he currently owns no shares. For sure SD would be thinking about that because he wants to be rewarded for his efforts too. I suspect at some point during 2021 he will make a purchase.

https://youtu.be/WmlM1UbTV-s This from Lobo Tiggre is perfectly timed for GGP right now. 14/15th minute for example.

Ignore the BS posted here and elsewhere. No SP goes up in a line, they always jag up and down. There are always negative nelly's who will bag GGP no matter if it is up or down. Rick Rule has said on many interviews that his best investments saw 50% falls during the journey. An investment journey that typically lasts up to 6 years for Rick and that has yielded big bags for him, anywhere from 5 to 10. The thesis isn't broken here. It is a matter of patience waiting for NCM/GGP to develop the mine and go through the bureaucracy of first the PFS, followed by the FS, followed by a decision to mine. In the meantime use this opportunity to keep buying at discounted prices. Next year (2022) the decision to mine will be officially made and it is at that point the share price will rerate properly to a fair value. Right now a lot of variables and risks are still in play. It takes time for these to unpick themselves, via NCM/GGP progressing with the drilling and the documentation (PFS, FS, etc).

Fcuk you’re a troll. All you post is ****ty snipes at others. Useful pointless posts. Think before type you knob, some serious infrastructure there noted by Bamps for the ventilation. You wouldn’t go to all that trouble if you weren’t committed to building a gold mine. Once the decision is made officially watch the GGP share price go off like a ??

After EG when Newmont walked, were we all singing Gervaise’s praises following a massive SP fall….. no. I’m sure the commentary was as bad as those directed towards Shaun currently. Gervaise was very fortunate that NCM signed up for Hav and he left GGP after the SP rise in 2020, knowing he could sell his shares and retire. If that didn’t happen then Gervaise would still be CEO. So how about giving Shaun 4 years like Gervaise had, then judge. Each interview he gives has been positive and energetic, always singing praise over the current operations and the future.

After EG when Newmont walked were we all singing Gervaise’s praises following a massive SP fall….. no. I’m sure the commentary was as bad as those directed towards Shaun currently. Gervaise was very fortunate that NCM signed up for Hav and he left GGP after the SP rise in 2020, knowing he could sell his shares and retire. If that didn’t happen then Gervaise would still be CEO. So how about giving Shaun 4 years like Gervaise had, then judge. Each interview he gives has been positive and energetic, always singing praise over the current operations and the future.

Cannot see NCM wanting any third party taking a slice of the pie. NCM has a strong balance sheet and can fund everything. They are Massively profitable across their portfolio at the moment. GGP can borrow what they need from NCM, similar to now. Debt to be repaid easily over a short number of years.

Mark if GGP is only a small part of your portfolio why do you spend so much time on the GGP board? The time invested doesn't match the small % of your wealth tied up here.

The Aussie tax year ends on 30th June so I suspect Callum is crystallising any tax bill on the warrants within the current financial year, with the tax being due towards the end of 2021. In the future any additional capital gains on the warrants (over the exercise price) will be due in the future. I gather this is better for Callum's cashflow to spread the tax out.

Here is for hoping that Callum is looking to double/triple/quadruple today's exercise price.

apparently LSE has an entire share board for SOLG..... just a thought !

Causation versus coincidence......... GH left and the SP has fallen since. However GH leaving is not the cause, that is just a coincidence. The GGP SP boomed over Nov and Dec 2020 as PI money arrived chasing gains, based on a lot of ramping. Then Crytpo starting booming thereafter and the money left as quickly as it arrived, chasing the next quick gains. 100% agree it is annoying in the short term, but in the medium to long term the SP will go back to where it belongs. And the "where it belongs" share price is dependent upon the PFS and FS documents and what they detail for Havieron's future. Black and white data the market can use to rerate GGP. In addition we all HOPE that one or both of Juri and Scally will strike bog which will see many more pence added, however 'hope' is hard to price.

This week seems GGP is under attack, multiple posts yesterday deramping GGP and ramping others. Today, a shot at Shaun. Awesome things are happening in the world of GGP, amazing growth and future. So the share price has yet to cotton on, so isn't that Investing 101.... buying undervalued stocks and holding until the market realises, then make money. The share market is not efficient at pricing shares, otherwise where would the opportunity be!?!? Our job is to spot undervalued shares and buy them, then wait for the rerate. If you don't understand the rules of the game then use your time to research. GGP at 20p is a great buying opportunity if you have conviction in the company and its growth profile. If you have no conviction then you should sell and find a company that you do believe in. Final note, if a company is more concerned about managing the share price versus managing the company, run!!

Hold, buy or sell. That is the choice we all face. If you have no patience then sell. If you have patience to allow GGP to do its thing then hold. Shareholders expect returns over the long term. If you cannot stomach short term volatility then shares may not be for you. No share goes up in a straight line. Look at BitCoin (I don’t own) and it’s chart. At times your down 80% then up at another time. Mining is slow moving. Research the industry and company and then decide what you want to do with your shares.

exactly, all us shareholders need to do is sit tight and be patient. nothing more to do.

Fact - anyone coming on this Board and others to spout their company is ramping it to hope that demand follows, buying increases and the SP increases. the rampers sell into the rise. clearly any company that requires ramping rather than let the fundamentals do the talking, should be avoided. as Willem says, he does not invest in "hope" companies. he waits until a discovery hole has been found, then researches the company, before deciding whether to invest or not. fact is if you invest based on "hope" than it is a lottery. upside can be high of course, but the chances are very low. these nearology plays are all "hope" until they drill something exceptional. i am happy to take the lower risk lower returns of GGP. each to their own.

Wouldn’t it make sense to wait until the growth drilling is done and results received. I personally do not believe an upgrade is coming in 2 weeks.