Member Info for MontyMcgree

13-14p is my guess

Taverham, are you insinuating a better system is monarchy and just hoping for the best?

I dont think our pantomime political system of electing elitist Eton goers is great either but monarchy isnt the solution

I think the idea of monarchy and one person being born better than another is an abomination

That being said, on a personal level I would not like the life the Queen has had and she has been a good public servant.

Oh or am I dumb it just closes for 2 minutes at 12 as per.. dont mind me

isnt it only until 12 today? https://www.tradinghours.com/markets/lse/hours

Well market cap was already over a billion in 2020 and a lot less was known and developed by that point

Wasnt Tesla worth more than every other US auto brand at one point whilst producing 1% of the cars or something silly

Stocks can be silly

Why does everyone complain so much, always looking for someone to blame

If you bought/didnt sell at 30p then you think its worth more, happy days, buy more now at 12p

If you dont think its worth 30p and you bought/or didnt sell around there, blame yourself

"He said the bond market showed investors were being too optimistic about inflation, with longer-dated bonds priced as though inflation will cool sharply."

The bond market knows best, so he will be proved wrong.

I was reading more about the 5% the other day,tThis is my current understanding of it:

Newcrest exercised their right to 5% mid Dec 2021

Both parties had a couple months to work on a figure and come back to one another mid Feb 2022

Both figures were compared mid Feb and weren't within 20% of each other (originally the RNS said 10% but Shaun said it was moved to 20)

The numbers are now passed on to an independent expert (alongside I assume some proof of work) one of the figures is going to be chosen as representing fair value. SD didnt want to give a timeframe on this

SD said of the updated MRE "Yes, effectively takes us up to Dec 05 2021 drill results and assays" so I take it that will be included in GGPs given number

SD also said the number was "deeply conservative" apparently Newcrests was even deeper if its not even within 20%.

"9. I have confidence in my research and i know that there are more than the 0.5% declared you reference. You are short in your estimations, by some way and that is based on known knowns!"

So what figure did you come to?

Ive seen a few posts recently comparing GGP to Gamestop, calling for a "short squeeze"

"GameStop was particularly susceptible to a short squeeze in January. That's because the level of "short interest" in the stock—the ratio of borrowed shares to total outstanding shares—spiked to an unprecedented 122.97 percent (reborrowed shares essentially count a second time, which can drive the ratio past 100 percent)."

122.97%. GGP is at 0.5% aka basically none

Why is this "squeeze the shorters!" narrative so talked about and popular?

Are people not reassured enough by GGP fundamentals that we have to create pantomime villains we can point fingers at in hopes when they stop bullying us everything will be ok?

I would be interested to know the first time short interest was mentioned here, how many times "the shorters are in trouble!" has been said since and just how far down the SP has gone in that time

There's loads of interesting things to discuss around GGP, gold, copper, the macro climate and money/currency in general, I know it wont happen, but in an ideal world they would be more the focus of discussion

"My question is when do you decide to look after the rest of your funds? Cut your losses and get out"

If by the time there is an operating mine SP is 12p I will say yes, this hasn't worked out quite how I imagined

". I am finding it hard to stay positive as it is not nice looking at a 40% loss"

Don't look at the SP, look at the drill results and the reality of what is being uncovered and discovered

"I afraid you could be right , if this SP reaches 8p , what do we think the 5% is going to be 1p ,2p ?"

What does this mean?

Your posts and youtube videos are great, thanks

Yes what OzAu said

Its very important to know because just like with the PFS, people after the 5% is announced will come out of the woodwork and say "GGP are only worth x amount!!! 1p incoming!" claiming the 5% values 25%, it does not.

"Just my thoughts - i think the unhealthy ramping keeps attracting the get rich quick type which is further hindering organic SP growth"

This isnt 2020, there's no flood of people jumping in because price keeps going up. Whether people here say this is worth 10p or 1p it doesn't move the SP or entice new people in any sort of quantity to matter

SP is SP, 38p was unjustified (at the time) and 11p is unjustified now

Costa, repeating myself but: he says he has a computer which predicts the future, but says if the CIA had the code it wouldn't matter because no one would be able to interpret the output but him anyway

If you make a legitimate tool that works others should be able to verify it, it cant be "oh it works.. but only works for me"

This isnt predicting something like weather systems using meteorological data, he is saying he can predict wars and stock market crashes

He has created a crystal ball only he can use, If you want to believe stuff like then by all means.

So, the story is a man made a magic computer that predicts the future

A guy just said "the cia wanted it, but even if they had the code could they understand it? I think only Marty (the creator) could

I mean come on, this is modern tea leaves and crystal ball mysticism

Timber, my guess is government handouts and lockdowns meant people were at home with extra cash + saving money not spending on leisure/holidays and instead pumping it all online

Now no more government money, now higher cost of living, now the fallacy that a vaccine would fix everything and turn the global economy back positive is over; reality had to set in at some point, bubbles had to pop and despite popular belief the end result will be deflationary

lots*