World Class Assets in a Tier 1 Jurisdiction with Β£0 Debt, now a Tier 1 Producer π€―11 Apr 2025 08:55
A quick reminder of some simple facts for any newbies, but ALWAYS DYOR.
A$147m Cash at end of 2024, must be alot more now β
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Zero Debt (Β£0) NIL, for a mining company, totally unique β
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33,882 oz of gold equivalent produced in 27 days during Dec 24 β
οΈ which is over $100m in todays prices π€
Owns 100% of Telfer mine β
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Owns 100% of Telfer 20Mtpa processing facilities, 3rd largest in Australia β
οΈ how much would this cost, how long would it take, with all the risks of overspend, overruns, execution, nothing for GGP to worry about. GGP have a monopoly in the Paterson.
Staff all in place with living quarters β
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No new processing facility required for the golden jewel Haverion, Lowest quartile AISC β
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ASX listing now upon us, can be anyday now, with new institutional investors waiting β
οΈ a total game changer, billions invested by Aus pension funds in domestic stocks, and alot of it in mining. Process now started as per RNS.
3 Tier 1 global banks lined up for funding of Haverion, most likely not even needed β
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509k ounces and 20k tonnes of copper in stockpiles with ZERO mining cost, worth an estimated $1.6 Billion++ β
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Gold on the rise, hedged on the downside, 100% benefit to the upside β
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Gold market is totally broken, at $3210 today and will continue to rise. Everyone wants physical gold, what do they know! Everyone looking for a safe haven asset. β
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More than 50% undervalued vs ASX peers, with MAJOR milestones to come in 2025 β
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Broker notes at 22-23p with TODAY's info β
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World class CEO and BOD β
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Tier 1 Jurisdiction based in Australia a huge huge plus with today's geopolitics β
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On the cusp anyday now to receive GGP 1st ever quarterly results β
οΈ Confirmed for Monday.
Anyday now to also receive GGP 1st ever annual FY guidance β
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3.2m ounces at Telfer was only 15 weeks of data upto 31st December, now we have 6 drills, further significant increases to come no doubt β
οΈ Massive growth potential, SD has mentioned 30 Million Ounces, which would be more than $100 Billion in situ at TODAY'S price.
Any other mid tier mining company in this very unique position? I think not, I dont think another company even comes close.
Hold for gold π€
HAS to rise, or will get taken over, it's too cheap. GGP have a license to print money, in a totally unique position.
DYOR