RE: Vast23 Feb 2023 08:09
yep, I sat in GGP for 7 years, the company making the same claims all that
time, have up to 18 potential Telfer lookalikes on their license, finally the
owners of Telfer ( 17 Million ounce Gold mine) came to have a look for
themselves and went from a few million , to over a £1 billion market value
If as proved on the first deposit, the others are also as good, the potential
at GGP would make that some say over the top valuation at the time, not
even 1% of the value of total gold in the ground.
Always about, how the market views the potential of the company and its
debt position. Vast with hopefully a large wedge coming from the Diamonds
will be well viewed, moving from endless debt/dilution, to progressing on
multiple operational fronts, cash on the books and no debt.
Market correction in play. GLA