Member Info for Pedrobull

Recovered late yesterday and continued today, software is high margin and once you are signed up you become pretty reliant on the service

Comment:

PLEASE NOTE THAT THIS IS AN AMENDMENT TO MEETING ID 433145 DUE TO RECEIVED CHANGE IN VOTING STATUS AND BOARD RECOMMENDATION OF ALL RESOLUTIONS. ALL VOTES RECEIVED ON THE PREVIOUS MEETING WILL BE DISREGARDED AND YOU WILL NEED TO REINSTRUCT ON THIS MEETING NOTICE. THANK YOU

I VOTED FOR ALL

SACK THE BOARD

It has been a slow motion train wreck from the get go for me.

How in age of online shopping out of town logistics warehouses cannot deliver a positive return is mismanagement on grand scale.

Get me out of here!

GLA

Invested at start in 2019 and even counting total dividends of £4400, I'm down roughly ~20%

Available to buy at 96.3p this afternoon with Gold at $4960

AI is a threat and opportunity, pretty sure HG will know that

Today we get 2 RNS updates

1. David Till, a Director of the Company, has purchased 94,000 Ordinary Shares in the Company ("Ordinary Shares"), at a price of 534.5 pence per share. As a result, Mr Till is now interested in 1,449,193 Ordinary Shares of the Company, representing 0.87% percent of the issued share capital.

2. Evolving European strategy hitting its stride

Oakley Capital's recent investment activity highlights its growing focus on continental Europe, especially Southern Europe, where many industries are not yet digital and private equity involvement is low.

A key example is Oakley's investment in Spanish legal tech firm vLex. After investing in 2022, Oakley helped vLex develop its artificial intelligence (AI) platform and expand into the US. The company was sold for $1bn, becoming one of the few Spanish tech start-ups to reach unicorn status. This deal delivered Oakley a gross return of 6.4 times its investment and an 87% IRR.

Oakley Capital Investments (OCI) offers shareholders access to similar private equity opportunities from Oakley. With signs of recovery in Europe's private markets, OCI's 27.9% discount to NAV looks appealing.

Yet today the shares are of 4.7% (when FTSE100 ATH and S&P500 a few percent of ATH).

I added some into my SIPP whilst eating my breakfast, up 5% already

GLA

China is halving their import tariffs on scotch whisky 2nd February I heard

Gold now $5300+

Watching this thinking time to add...

NAV per share - undiluted, bid basis 142.83 pence per share

And at £1.10 that is an ATH with a 25% discount to NAV

NAV based on share prices of their quoted Miners, many of them trading at a discount possibly as well.

https://ncim.co.uk/wp/wp-content/uploads/2026/01/Golden-Prospect-Precious-Metals-%E2%80%93-Factsheet-12.25.pdf

Thanks 5x5 for the PAAS link, bizarrely their share dropped a little today.

I really like these AISC numbers!

- Silver Segment all-in sustaining costs ("AISC")(4) are expected to be between $15.75 and $18.25 per ounce.

- Gold Segment AISC(4) are expected to be between $1,700 and $1,850 per ounce.

Capital expenditures are expected to total $515 million to $550 million, comprised of $320 million to $340 million of sustaining capital and $195 million to $210 million of project capital.

“Our 2026 operating outlook and assumptions for 2026 metal prices point to further expansion of operating margins," said Mr. Steinmann. "With the expectation of strong cash flow generation, we plan to invest in growth and continue to return capital to shareholders. In 2026, we are advancing our internal growth projects, with a focus on a new phased development approach for the La Colorada Skarn and the vein mine. An updated preliminary economic assessment is expected to be released in the second quarter of 2026. At Jacobina, a pilot plant commissioned in late 2025 is expected to help validate opportunities identified in the optimization study to improve reliability, increase throughput, and enhance gold recovery.”

Very few actual trades though is there is only 1.5m shares so far today, 3 month average is 2.4m

Yes thanks Noel,

@TheMarketSniper "Seeing 4 digit silver price" within the next ten years i think his graph was showing DJIA vs XAU.

That graph shows 1oz of silver at the same value as the DJIA so either Dow comes down to 5K or Gold goes to 30K or they meet in the middle more likely!!!

Question is what to do with all non mining equities and bonds?

So Silver at ATH again today (so far) the profits made by miners is not reflected in the daily spot price is it though?

FRES like all miners will agree forward dated price contracts, so might already be selling many months production at a price agreed months ago like $55AB

Possibly next months production or next quarters is being sold at $100+ who knows

GLA

16th January NAV per share - undiluted, bid basis 126.08 pence per share

Up 3% today wow

on a day where the leader of the "free" world just linked his claims on Greenland to not being awarded the Nobel Peace Prize in a letter the US president sent to Norwegian Prime Minister Jonas Gahr Store.

“Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace,” Trump says in the letter obtained by Bloomberg. “Although it will always be predominant, but can now think about what is good and proper for the United States of America.”

I don't know what the end of NATO means in the long term but surely this is a huge black swan?

GLA

This went ex-div on 29th Dec for 0.7p

the drop today is going close to all time low 24p in April

I think it was more to do with this which was not a RNS;

Diageo’s Kenyan unit faces court challenge over Asahi share sale

https://uk.investing.com/news/stock-market-news/diageos-kenyan-unit-faces-court-challenge-over-asahi-share-sale-93CH-4441337