Member Info for pj70

Bilkos the same as nearly every other western govt and hence why gold is a strong support!

Just interested in when people think that GGP could/will be able to do 100k oz quarter production?

I was thinking may the second half of calendar year 2027 where we are bringing up the hoist from telfer the full 4.8mt pa/ 1.2 per qtr of ore at a decent grade - any thoughts?

Maddon i think we would all like to see north of where we are now. 2026 will hopefully be our year where we re-rate to where we should be or get bought out.

Https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

Just for some light reading and interesting what JP Morgan are forecasting out to end of 2027.

Https://www.jpmorgan.com/insights/global-research/commodities/gold-prices

Interesting read for those wanting an overview of where one of the majors thinks gold is going

Element - i agree that any increase to grade or gold price is straight to bottom line Pre tax but the unknown risk for the large players is how long gold will hold at these prices and potentially more? This unknown is why i think the gold producers will trade at a discount as they currently are. However if after 2-3 years we have a new norm of 4000k+ an oz and the likelihood of that going below this level reduces with time, then a re-rating of every gold stock will happen definitely and we could see significant uplift in all gold producers to multiples of current price.

This is just my opinion but i do hold several gold stocks and GGP being my largest holding and no intention of selling at this point in time. One of the reasons i hold several gold stocks is that i am on the side that we are seeing now a higher gold price due to asian central bank buying and a wealthier indian population that love gold amongst many other reasons and this price is here to stay. I am banking on this price now being the new norm and with that the cashflows of many gold producers over the next 12-18 months will become insane and potentially we will see some gold stocks overshoot as a result. All positive for the sector with the only fly in the ointment being a market correction which is due at some stage BUT what impact that will have on gold and ultimately gold stocks is yet to be seen.

For anyone interested this gives a discussion on gold stocks but also gold price and just FYI

https://research.argonaut.com/wp-content/uploads/2025/12/20251215-Gold-Sector-Update-Gold-to-5000.pdf

Aqua i think £10 is possible in 2 years with same output but higher grade from depth allowing maybe 400k ozs per year + and with the market knowing the mine life on Telfer production, starting date of Haverion for first ore and any other corporate plays between now and then and the key thing - gold holding above 4000 an oz!

I genuinely dont understand what the issue is. Its not like a placing for needing money now. It is just a legal obligation from a past transaction that requires it to be announced.

Also not sure what more communications the company can do. They have given a La India update recently and will inform the market when Dupax is completed or at a stage where they can announce. If your expecting daily/weekly updates like some AIM stocks that are going nowhere then maybe this stock is not for you!

Becontrarian it’s funny you think that 2026 could be just as good if not better year. My thoughts/opinion is that 2026 is the year that we prove to the larger players who don’t want risk that we are a sustainable producer with Telfer being announced how many more initial years of production BUT where as a result of continuous operations by the “new” team running Telfer that we rerate to other producers on the markets. We will also get an indication of what SD and the team will go for 26/27 guidance which I am hoping is north of 320k ozs and a raft of other drilling results. A lot to look forward to in first 6 months and only thing we don’t have control over is the gold price but if that goes in our favour Which is looking positive at the moment then this should keep moving upwards. The other fly in the ointment is the impending correction that everyone is expecting at some stage and what impact that has on gold stocks and ultimately the gold price!

You are such an arrogant individual Brent !!!!!!!!!!!

Dunston fair point on both ASIC and the artisan mining purchases

My comment was in response to the sarcasm from yourself Ventura on Patience is a virtue!

Thanks Paddy for that. Lets hope for the big upgrade with the MRE and ongoing upgrades as more tonnage is defined!

IF we do not bridge the NAV gap then ripe for takeover

Great answer Bamps and at these prices the more they can get out of the ground and sell the better in my opinion - bird in the hand and all that :-)

And my mother always stated " tell the truth even if it is not what people want to hear" :-)

Lee i like your positivity and i 100% hope you are correct. I just think the jurisdiction of Nicaragua and the risk profile will have discount over it. As another poster on here as alluded to Mineras SA is a 900m GBP producing gold miner at circa 200k ozs per year from two mines in nicaragua and colombia and the only reason i can see that it is at that level is because of the location of the mines. So as much as i want you to be correct i do think the jurisdiction will play a part in potentially undervaluing MTL compared to peers with Tier 1 jurisdictions. This is just my opinion and happy to contrary thoughts as thats what enable to make rational investment choices and not lose money!

Should also say normally when gold is visible to the naked eye the grade is well above 1 oz per tonne

Just able to jump on today and was surprised we had dropped so assumed the gold price must have gone down again but lone behold we are moving towards record territory again. Interesting few weeks coming up and maybe that £5 a share could come very soon. Looking forward to the quarterly in january as the gold price has been very high nearly all quarter so lets hope for a 70-75koz quarter