RE: Just a bit of fun for the weekend. Time to dream.2 Aug 2020 18:53
1G I disagree with you re what GGP wants to be. In an ever changing world being able to pivot in business is key when opportunities present themselves. If you listen to any gold video on YouTube a highly sought after gold company to invest in is one which receives royalty income from a gold producing mine without the capital outlay, because the CAPEX and Opex is left to the larger mine operating partner. So back to GGP and the opportunity to receive an annual income stream into the future without lifting a finger is literally worth its weight in gold!! That guarantees the future of the company from which it can decide how best to use the annual funds - exploration work, dividends, mergers, etc. Being myopic that we should just explore isn’t the best outcome. Gold explorers burn cash quickly and many don’t survive, without the need to raise cash and dilute shareholders.