The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well....no point in arguing over this right now cos it is still many more than 6 foot under in Oz currently!
When it sees the light of day it will be 'legally' partly ours and in an ISA it will be untouchable ....so let's just focus on getting it out!
A random observation but I like movies and watched one about a heist the other night and it featured crypto , nfts and so on and great big solid shiny bars of gold !
They were after the gold with the comment that took my fancy which was :
‘Always go for gold mate ! Solid , beautiful , unhackable and untraceable !’
Hhhmmmm. Now let’s just get it out!!
GLA!
Hi Peter,
I looked in as really busy at the moment and saw that our broker dropped our outlook forecast and at the moment given the deflating consistently, it doesn't sit well.
Our real outlook and fundamentals are superb.....100% and it would be good to see that reflected and some consistency maintained. We are in real danger of a lowball offer at these prices and noone wants to see that. We have a fabulous team onboard who should bat that out of court,,,but I don't even want to see it on the table.
The sooner we get on ASX and get bigger institutions keeping us from this perma-volatility the better.
I will hold for many more years if I need to as I believe in this and love the growth trajectory it could offer. However, I cannot keep saying it's time to top up each time theres a derailment and I'm sure many don't have the means to do that in any event.
Onwards & Upwards! That's the way forwards.
ATB
Well I'm not at all happy if Berenberg have decreased their outlook SP?
I have a lot already invested in here and have very high hopes for our future prospects and don't take kindly to seeing that if it is the case whoever they might be, they are still visible to investors new and old!
As for constantly topping up, then good if you wish to but I think I would personally prefer us to be valued where we deserve to be and certainly not at 12p!
This constant dipping on good news is both irritating and depressing. Hope SD shines a light on positive future catalysts soon!
This uncertainty in the market is doing us no good at all. AIMHO and looking for 2024 to bring us new uplift catalysts that speak to the wider market,not just us LTH's! We need new blood investing, as well as all of us buying more if we can and want to.
Time to move up not make excuses for why we are down!
Thanks Tigger.
I’ve now watched your YouTube link and it’s worth watching to once again remind ourselves of the curve and investment key points.
I think with GGP the hype was so great in 2020 for various reasons , that many investors got caught out.
A lot of us didn’t sell at peak due to that and also due to our faith in the ultimate rise in due course of this company , especially given its new super team.
However , it has been in free fall for a long time now and I’m impressed with those of you who continually take it on the chin as though it’s a given
I have held. Not sold a bean. And do believe in the future prospects ; but I admit go feeling pain and disappointment at the extended run of below double digits SP and I don’t mind admitting it. It’s painful . The MRE was never going to be in double digits. Shaun more or less alerted us to that at this stage. Some didn’t wish to hear it and many pin their hopes on just one catalyst.
It will take more than that.
We watch and wait.
Slowly slowly. Buckle up.
GLA
As I have said before. I will be comfortable when our baseline is back to a foundation of 20p from which to grow again to ATHplus.
We are going to be worth more than 10p if SD s ducks align and we are recognised for our potential in the market.
Every step of certainty will dictate that. We already have the gold platform. Now it’s about strategies actions and markets.
I watched the Sunday roast I/v yesterday. It was encouraging as ever. Shaun is really psyched up ( as much as he can be anyway !) about the beast that is the still evolving Havieron plus his continued excitement around Ernest Giles.
For me the main aspect of his content on that was his talk of the nuts & bolts of fans etc being installed into our mine etc etc. That is the highlight !
Yet more money and effort and labour and monies spent on our infrastructure to actually go ahead and prepare for extraction.
Cannot wait for that day ! That will be our main event along with a strike and who owns and directs what !
GLA
Hi All,
Well for me there are two obvious things. Easier said than done, and they are simply:
1. Certainty certainty certainty.....the market wont move in any earth-shaking or even steady rise way, until we have some.
(we are smart enough to know that some things are a given or very likely anyway after all the money spent on Hav etc...and that there is gold in EG 'cos it's been proven already to a degree etc....but NEM still walked away!
Certainty of ownerships/jvs / and our direction and directors going forwards is this year's top wish for me.
2.I would love Scally to come home, because of it's size and proximity to Hav and Telfer (relatively) and what a boon that would be. Not to mention all the hype , disaster for SP , and hoo haa it caused. (Also it's a great name isn't it?!:-)Appeals to me!) But also because we need a new catalyst that people start singing about as well as Hav and at the moment we only have 30% of Hav and I want the whole cake of something! (new year resolution quickly broken there!:-))
So 1:
CERTAINTY SPELT OUT THIS YEAR
2:
A NEW STRIKE WHICH IS ALL OURS
Not asking for much am I?
ATB
*boarding on flight 2024 has been announced.*
*your luggage should only contain the best souvenirs from 2023.*
*the bad and sad moments should be left in the garbage.*
the duration of the flight will be 12 months. so, tighten your seatbelt.
the next stop-overs will be : health, love, joy, harmony, wellbeing and peace . ( and a sprinkle of ggp gold dust !)
the captain offers you the following menu, which will be served during the flight :
a ****tail of friendship.
a supreme of health.
a gratin of prosperity.
a bowl of excellent news.
a salad of success.
a cake of happiness.
all accompanied by bursts of laughter joy and gold !
wishing you and your families an enjoyable trip on board flight 2024.
i’m hoping for a rocket launch !!🎉🚀
Exactly my point Ace
We are at the mercy of others and at the mercy of the markets plus lack of sentiment.
Let’s see what happens.
We have a cats chance in hell of reaching that pound without an awful lot of catalysts that happen in our favour.
But never say die n all that.
ATB for 2024 & beyond !
Wouldn’t be a Panama post written in haste without a faux pas !
PABA = Panamas Pound!
Let’s reach for the moon …. However crazy that seems right now.
If Shaun has his way and we don’t get taken out and we acquire produce and get another strike and Sd & our BoD rule the Paterson.
In a few years time…. Anything is possible ! .
I see Bamps has named them all and a lot to come.
As we all sit back in this Twixtmas reflective & contemplative period , where no doubt many of us wonder, was this past few, and in some cases decade, years worth it ? We hope our time is finally on its way.
As I realised a while ago , it’s not particularly comfortable, easy or without its nail - biting moments! More than once , despite knowing the rarity of our find , we may have despaired at the markets seeming ignorance or wondered if we’ll actually go on to production. Etc etc
Dipping down to below 6 p made me a tad jittery I’ll confess ; a lot of us rued the day we didn’t sell at nigh on 38 p highs ! Add to this ,mine ( and I suspects others ) wondering quite why, from Biswas to Sherry to Palmer plus the markets in general , no one but us and a minority few others like Middlekoop , Archer and Sprott etc , weren’t shouting about our gold find from the rooftops ?!
Puzzling and perplexing and peeing off if we’re all honest! We have all at various times even if silently , perhaps cursed our luck or even judgement.
But we hung on. Too scared ( or savvy ) to let go. What if it gets taken out at a premium ?! What if it’s really 20-40 m oz ?! What if we get another strike?! As compared to : what if we’re just another junior miner taken out for a song by the goliaths who would stop at nothing to take a minnow down ! What if there’s no gold after all. What if no one wants to dig that deep due to the costs ?? What if we sell at 10 p but then in a few years time it goes on to achieve PABA,as long- awaitied £1!.
Etc etc.
However. Those who hung on in deep faith ; blind faith ; or simply researched the facts and weighed up the odds …. Are still here.
Will 2024 be our year or at least the start of it !
I for one think so.
Slowly slowly catchee monkey. We’re getting closer !
ATB to those who are still here.
Panama
Happy New Year Speedy and all !
See you at the next get together.
Methinks Shaun has things to share …
A golden year ahead indeed !
We will hopefully have much to celebrate this year and next onwards with catalysts propelling us forwards along with golden stars aligning.
Without health & happiness however , wealth alone is miserable ; so here’s to those two ,first & foremost, with the rest to follow !
ATB to everyone on here and to the good friends I count myself lucky to have actually met along the way, you know who you are ! I’m genuinely delighted to count you as new friends I cherish.
Panama
Agreed TT!
Indeed!
I am sure it is fair to say, that I , like a few others, not all of course, have been on a steep learning curve with the mining world for years now since the emergence of Havieron.
I really want to add that it is one of my very first investments also on this wild ride called AIM! An eye-opener and a half!
Again, like others, I watched the share go up to 38p and back down to lows of 5 ish p and suffered and still suffer to a degree the frustrations of both the mining curve and time-lag to production (albeit at break-speed here for a mine!)and of course the SP; but remember we are not in this case 'masters of our own destiny' being a minority shareholder and this adds to the pain and the delays and the apparent insouciance and nonchalance of the goliaths like NCM and NEM.
We are small in size but growing larger in stature, with this beast of an orebody and I can only say that from a leadership viewpoint as well as our rare commodity, we have the best people at the helm, ducking, diving, negotiating, pacifying, aligning and chess and poker playing !
A fair bit is out of our remit but David (SD) ploughs on and uses all his experience and wiles to match score after score!
It is perplexing and frustrating at times and I have no real views of the shorter theories or realities but we are not in a fair market in any event on AIM. That is clear.
It's about timing, luck, a new strike, expediting a DTM and FS and mining plan and some more certainty of our future path. Shaun knows what he'd doing and what he doesn't know the board backing him certainly does!
Strap in for a longer period of time or take your helmets off and leave the ride!
Watch wait and learn. It is all we can do but in the knowledge that leadership is trying to avoid a cheap takeout I suspect and to take us all the way on this journey.
A lot is riding on it for many of us.
Here's to a growing and more fulfilling 2024!
For anyone that doesn’t see the significance of the increase. He is basically saying that the 2 m oz of au increase is bigger than most orebodies in total in Australia !
That’s. Fact worth lingering on ! Pits that increase that people are sniffing at in to perspective.
Great quote !