All your posts are spot on again this morning Jiddy and Brom's voice of reason helps also. It would be easy to get unnerved by the SP performance alone, but as all true 88ers know, this is nothing to do with the actual facts and the work that has gone in to get us on the threshold of the biggest drill in 2020. The SP can change quickly and with half decent results in the early horizons/plays before we even get to the Torok and the SP could be at record highs IMHO. If Torok comes off we could see the SP in double figures IMHO. There's a lot to look out for and this could be the very reward that all lther's have been waiting patiently for - not long to go now - VGLA!!!
Well said Tarth - it is not easy being in this share at present but my only other AIM share has increased over 160% in the last month and still climbing - the same can easily happen here as we enter the biggest drill in 2020. Any half decent news and our faith will be vindicated as this starts to fly. I'd rather be in than out as nothing has yet changed about the resource that PB sought out and DW developed - the only thing to change now is appraising its commercial size. Keep the faith as I believe patience will be rewarded - VGLA!!!
I agree with you Matt - GH was only conducting II Lunches last week so it's unlikely that the II's will have rushed back to their offices to invest straightaway. They will do due diligence and gain Board approval to invest if they see true value for money as a given. This next fortnight will hopefully see more II's enter the Greatland adventure - VGLA
Hi City - holding my nerve with you but the hard part is if (when) it gets to 10p how can you sell if the thought is it could carry on to 15p, 20p etc. A buy out takes all decision making away because otherwise my temptation will be to draw down an annual income and keep an ever increasing shareholding. My rationale is this will achieve ever increasing proving up until either bought out or until the share price reaches a very respectable minimum price of say 15p (c.1bn mcap) and therefore forms a secure base - what do you think??
Been waiting all week to report that I have now double bagged from my average purchase price of 1.28p and just logged in to find us at 3.84p - hold tight everyone there's plenty more to come - it was only last week that I reported that I had single bagged!! VGLA
Thanks Silver for fibring but couldn't open link so thanks Jimiam for re-posting link. Fab article and now we have 100% of Warrentina on top!! Gervaise needs to be known as Midas Heddle from now on as boy does he have the touch!!!! Best wIshes to all Greatlanders for real reward on your investment in 2020 !!!
No doubt we are entering the transformational period that all LTHers have been waiting for. I've been in since 2016 and never sold a single share. I will be in until we get the transformational news we deserve. We know the oil is there and PMO know to the tune of $23m invested to get it out. Had some great news yesterday on my only other current AIM investment and I see no reason why we won't get the same type of news here. VGLA to all LTHers it has been a thrill sharing this experience with you and I can feel great news coming!! - All IMHO!!
.....are releasing Half yearly Financial Results by podcast on 13th Feb - do we think that might shed more light on their link to GGP and Havieron? Sit tight folks we know we have the resource - just time now before it translates onto the SP - VGLA!!
Holding an Institutional Lunch in Sydney and Melbourne within a week of last night's results from NC is genius planning from GH - he is a man on a mission and not letting the grass grow whilst he has put GGP (Havieron) well and truly in the headlights. We are lucky to have GH and this BoD - VGLA !!!
Firstly congrats to all Greatlanders who held firm and had Newcrest results vindicate your (our) faith. However, the work starts now - this is no one day or one week miracle. To reap our real rewards will take a little longer and I fully expect 3-6 months as news translates into action before real SP value is achieved. The fun starts here and there will be hiccups and disappointing days when the SP underperforms, but hold firm and the now known resource will eventually convert into a really pleasing SP - good luck to all and thanks again Paddy for the real information that kept me sane and invested!!