RE: GEO16 May 2025 12:09
whatever ggp do and callum has done in the past is not relevant. you fail to acknowledge that callum has explored many many tenements he owned and only one found the motherload, havieron. that does not guarantee juno is the same. for years we heard about goliath and scallywag owned by ggp under callum, then they were drilled and disappointed. the hype here is a bit silly. the chances of finding anything are low, not high. explorers all over australia are trying to find their golden jackpot and most fail. not ****sing on any parade here but just being factual and grounded in the midst of the constant ramping. the ceo has not done anything but broken trust over and over via broken promises. now all hopes are pinned on juno. you need to be prepared that nothing is found as much as being hopeful they do find something. also, this is an explorer and will need cash every year to drill and keep the lights on. how do you suspect they obtain the cash? yes, share raisings and dilution. also, where is juno? is it near current infrastructure? if not this will make it difficult and more expensive. ggp/callum had this issue when the jv'd with newmont a decade ago for ernst giles, and newmont walked away 6 months later.