The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I agree those are all possibilities. There is also the possibility that scallywag is not commercial.
Don't want to be shouted down, I'm extremely excited about the GGP future but I've been around long enough to remember Ernest Giles, a major walked saying it theres not enough to mine, and the sp took a hit.
At this stage I'd say Scally has a 50/50 chance.
DYOR GLA
Just an FYI now would be a great time to give it a punt. Sp is really depressed, can't see it being g this low for much longer, even the anticipation of the JV deal will see the SP rise to 3p.
Best of luck to you
In my opinion, its a hold. I've held for about 2 months, got most of my shares at about 2.5p I think even a terrible CEO could get the JV financial deal over the line. So then once the deal is done, in the short term the SP could be 6 or 7p.
The mine appears ready to go and costs are low relatively speaking, so long term price looks OK, but I never invest a lot in companies with dodgy CEOs
Thanks Carribean. Good article
Thanks Caribbean,
I've been investing for a couple years now, but haven't yet learnt the difference. Please could you educate me on what the difference is?
Thank you in advance
GLA hold for gold!
I think your spot on mate, and not cynical at all, I would call it being a realist.
The MM's absolutely have the power to manipulate the spread and delay a trade for there own gain.
They don't AIM the wild west for nothing.
Having said that, there is money to made on AIM if your smart and savvy like most of the posters on here.
I'm quite a night owl, so tend to do my best work late into the evenings. So with the current financial climate I think that the mining sector is going to disconnect from the many economy's that are freely printing money. So, to me that means that gold prices and other precious metals will see a boom in prices, just as it did during the 1930s and then again in the mid 70s, Economy's are predictable, repeating patterns. Governments, especially the US, can't hold inflation back forever, when they do finally let go of it, there is likely to be a global recession, granted thats very bad for society, but history shows it's extremely good for gold.
I am seeing more and more articles on this subject and many of the top market analysts are saying just this. Miners will boom, but economy's will crash. Maybe we'll need those tim hats after all, but mine may have a large percentage of gold in it ;)
Door Gla
Mincho
Mate, your tickling my goat now!
I think we just became best mates, it's a deal. I'll bring the pasties
50p will probably make me the richest lad in Devon!!
Geddon mincho, that'll be bloody bootiful. Cheers me beaut
Let's have a p*ss up, shall us
I'm a Devonshire bhey. Loves a rattler, good cider. Haven't tried the posh one yet, but you enjoy matey. Its been along time coming
Me too! I remember seeing it drop it 0.55 when Newmont walked, crazy to think about now, given the current sp and potential. I did manage to buy some at 0.55 but not as many as I should of.
Exactly, will be interesting to see what the 5% is valued at, if NC decide to take it off us.
There are crazy amounts of gold down there! I have been here years and years but these results are off the charts! I think we all kinda knew, but this is way more than expected.
However!, I think the MRE will still be 5million ounces max, I may be wrong, but I have been invested in this share for a while, and I see a pattern of being undervalued, but us GGPERS know better than to believe market valuations. I see this trading at about 35 to 40p until 2nd resource estimate comes out, then I think we'll really fly, also what do we feel the 5 % is worth now? Either way GGP have 25% of the biggest deposit IN THE WORLD RIGHT NOW, that's huge!
To the ones that have been here for a while, we're fecking loaded!
To ones that have been here for not such a long while, congratulations on your investment, you stand to make a lot of money if you keep the faith and add more when the price is right!
Gla!
I'm a Devonshire bhey, lives in Plymuff. Get on ya janner, Green Army! Etc etc
Been in Cobra for a few months now, I believe it has real potential
Gla
Hold em, we are no way near true value yet. I wouldn't be selling any until 50p minimum
The maths is really simple at this stage, is 25% of Haverion worth £1 billion to GGP, the science says yes, the paddy sat says yes. Our current sp says no. So basically we're undervalued, undervalued stocks make a buy cause a buy simple.
I would say that 90% of the people Ive seen post on this board are more than knowledgeable. The latest Broker update does not display once ounce of common sense. Stick to your own knowledge believe in the science, 35p in a few weeks! Easy money! Everyone keeps telling me that AIM is really hard to make money on. I say no its not! Just put your money in GGP at 20p, DONE
GLA
Like Wyclef Jean, I'll be gone till November
Sorry, just saw that you said special dividend, not recurring dividends, my bad
I see your logic, but I just don't see it panning out that way. If Hav is as big as the industry thinks it is, then 25% of it could be worth well over a billion. I just don't see NC forking that much out, when they could keep GGP as there own personal exploration depth. GGP have an obscene about of licences and it makes sense to keep looking for more gold and NC do the mining. Thats where the real shareholder value will be.
Dividends sound good, but in reality its a few pence per share every quarter, its not good value for shareholders which GH wants in the long run
Here you go! Saved in my notes from yesterday
https://www.youtube.com/watch?v=Q34v4V_Fxds