Member Info for MH01

Https://www.livewiremarkets.com/wires/mark-your-calendar-the-2-3-billion-reshuffle-that-could-move-asx-stocks

Rotherby the only figures we have are Exhibit 15 within this link. GDX buying would be in addition if we make the next GDX rebalance.

Just keep a hold of your golden tickets no matter which way the price is manipulated up or down. Selling when the price falls goes against buying low and selling high. Patience. Lots of catalysts ahead in 2025 let alone beyond Christmas.

We didn’t do ourselves any favours by downgrading the 2026 forecast so closely after releasing the IPO forecast. It’ll take time to restore faith in management it would seem. In the meantime ETF and possibly GDX buying will be occurring over the coming weeks.

Well GGP is not the only gold company down today... https://www.listcorp.com/asx/sectors/materials/materials/metals-mining/gold

Don’t forget the handshake agreement between GGP and Newmont was made in March 2024 as Shaun has told us. And the price was never adjusted up to reflect a change to the gold price. Gold was around US$2,200 in March 2024 versus $3,600ish today.

Can we move on now. You don't know and I don't know when the buying will happen. It happens when it does.

Regardless of the "timing" of new GGP buying which seems to be your point, the buying will come.

I would have thought Morgan Stanley have experience on this topic though so when they share their workings as they have, why would you suggest they are wrong? What is your experience in this area?

https://www.livewiremarkets.com/wires/mark-your-calendar-the-2-3-billion-reshuffle-that-could-move-asx-stocks

IMO if an investment fund is a "tracking fund" then it mimics the ASX composition (ASX 300 or 200 or 100 or 50). It will sell those companies dropping out of the ASX index that they track and also buy those companies entering the index. That is where the mandatory share demand will come from. It is quite simple.

Then add in any discretionary demand from II's / PI's that also buy GGP now they have made the ASX indices.

See "Exhibit 15" table within https://www.livewiremarkets.com/wires/mark-your-calendar-the-2-3-billion-reshuffle-that-could-move-asx-stocks

I said a tracking fund. Not each fund. Morgan Stanley expects AUD$163million of new demand so wonder how they determined that.

"Most ETFs track a benchmark of some sort (e.g. index, sector, commodity etc.) so they are a great way to get exposure to an ENTIRE component of the market through one share transaction."

Https://www.marketindex.com.au/asx-etfs#:~:text=ETFs%20are%20managed%20funds%20that,market%20through%20one%20share%20transaction.

You've used an AI to write that.

As discussed already, if an investment fund is a "tracking fund" then it mimics the ASX composition (ASX 300 or 200 or 100 or 50). It will sell those companies dropping out of the ASX index that they track and also buy those companies entering the index. That is where the mandatory share demand will come from. It is quite simple.

Some AX goldies are up and some are down today ... https://www.listcorp.com/asx/sectors/materials/materials/metals-mining/gold

Here are the GDX inclusion rules: https://www.marketvector.com/indexes/hard-asset/marketvector-global-gold-miners

Https://www.marketvector.com/documents/periodic-index-reviews/quarterly

Index Symbol - Index Data - Announcement - Implementation

MVGDX - 29 Aug 2025 - 12 Sep 2025 - 19 Sep 2025

Yes the rebalance announcement is this Friday 12th September.

Some are up and some are down today ... https://www.listcorp.com/asx/sectors/materials/materials/metals-mining/gold

NOW CONFIRMED .... >>> Admission to ASX300 and ASX200 on Monday 22nd September. Estimated AU$163million needed to be bought.

What's next:

- Possible admission to GDX this year, possibly included within the announcement on Friday 19th September.

- **Both of the above are two HUGE CATALYSTS for new share demand and large volumes/values of shares will be needed to fulfil their investing mandates.**

- Q3_2025 results in October.... under which the gold price has surged during Q3 so the margins and cashflows should be really impressive, leading to a share price re-rate.

- Havieron FS in November or December.

- Gold, copper and silver are all flying so a supportive macro environment for GGP.

- Drilling results from EG, Telfer, and other locations. Lots of drilling this year so lots of potential RNS's that could be dropped at anytime.