Decision Time!26 Feb 2024 09:20
It would be pointless to lay out again all the reasons 'why' it is now decision time for GGP holders because most possible scenarios have been mooted here several times over; but as yet, none of us know the future pathway for certain. We can only surmise.
Costs using debt facilities and equity distribution and partnerships etc etc need to be worked out and worked on. It is only after this has been laid out that we will know just how long the ride will be for at this juncture as profitability will depend on it.
However, this is certainly the most exciting news we could have had, even if by default, with NEM divesting of both assets against some investors wishes here.
For myself, in this case, I am beyond excited to see an opportunity for SD and his accomplished to prove their worth now but expect a bumpy, perhaps costly, and short-term hair-raising ride en route to a much bigger slice of the pie and perhaps ALL of said pie!
It is the only way I can see to my £1 albeit a lot longer-term than I had originally anticipated when we hit that false high of 38p back in the day!
There is nothing false about owning a gold mine or 2 or 3 if another strike in the few years to come.
It is decision time for any of us who don't want to stay on a rollercoaster ride any longer. For me, I am strapping in. No pain no gain and I wait with interest to see what evolves in the short -term. We will no doubt find out very soon, as the news is out !
GLA!
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