Member Info for Redirons

You should post more often Penfold - you’re a natural!! 👍👍

You are one in a million Bamps and anyone who doesn’t appreciate your selflessness should give their head a wobble, or frankly just do one. You are right to mention TheDoors, Sureasblazes, Rotherby and Roger for the invaluable support they also bring to the table. All of you give up your time to help out others, normally people you haven’t even met until they come along to a meeting. This sets GGP aside from all other AIM listed shares as those who are just straightforward honest investors have the likes of yourselves to offer camaraderie, unbiased information and explanations that many would not otherwise understand. Thank you to all of you - take a well deserved bow!! 👍👍👍

you didn’t need to post about cp - everyone knows he is bitter and twisted. best part is that i greenbinned both of them ages ago so haven’t had to read any of their ******** and whining for ages!! highly recommended 👍👍

Great post MrEMC2 - so are you thinking Freddie might just be a little bitter and twisted??

Sorry Maxter but the consolidation was never going to be the reason you would get your 93% back. In itself it was purely a financial transaction that reduced your number of shares held by 25 times whilst moving the share price up 25 times - you were never going to get the latter without the former. Your only chance of getting your 93% back is whatever Ashley succeeds in doing with proving up our current finds and the success with the drilling in 2026. It’s pretty poor but at the moment your 93% loss is only on paper. The moment you cut and run is when you actually turn the 93% loss into a real one. It’s your money and your choice but most Financial Advisers tell their clients that investing in penny stocks is a high risk option which is better viewed over the medium to long term (5-10 years). Your investment started in 2022 so you are still in the short term category. Only you know whether you are prepared to wait longer before the “cut and run” where all your 93% losses will be realised by the small amount of cash you get paid out.

Hi Bamps - I can only think it is Newbies who don’t understand what we’ve been through since being in Antipa’s shoes or even worse, it is Antipa shareholders who think they can use our Board to act as some kind of leverage. Either way with Shaun and his BoD experts I am thoroughly relaxed that no knee jerk action would be taken on Antipa by our GGP maestros!! Best regards 👍👍

Well said TheDoors - the beauty of the greenbin is you can stick untold numbers of these timewasters straight in and never have to read their twaddle ever again!! Highly recommended 👍👍

You haven’t yet Costa but that’s the point, there is no way you (or anyone) can predict what the consolidation SP will be 6 weeks in advance. It was just nonsense - sorry!!

Thanks Bev and Aye 👍👍

Hi Beverley - yes thanks and off on hollybobs tomorrow so even better. The same can’t be said for PANR who have lost a lot of ground due to underwhelming latest results - they won’t like having to suffer what we have suffered, but unlike some PANR posters (Scot126) I won’t be going onto their Board to gloat!! Enjoy the sunshine Bev 👍👍

Good spot TT - I’ve registered (takes 2 minutes) and voted for Greatland - the more PR we get the better imho!! Thanks for forwarding. 👍👍

Still think you’re clueless Costa? Yep on all counts.

Sorry Element please ignore last post - just read MF11’s earlier post which as I expected means we are due an RNS re: Director buys. Thanks

Hi Element - do Director buys have to be declared in an RNS or is it something that the financial press normally pick up on? Thanks.

I agree Chris - what’s the point on being negative. They’ve still got a lot to prove but the nearology of PANR can hopefully mean that 88E gets some knock on positivity with some good news yet to come. 🤞🤞🤞

Your welcome Sageman - I agree with everything you say with the small caveat that unlike GGP who as an explorer found the once in a lifetime Havieron, 88E is a minnow explorer who has hit on some oil but need to keep open until next year at least to prove it up. It’s easy to forget how many explorers make good and it ain’t very many, so I count my blessings on GGP almost every day!! Good luck to us all.

Hi all - thought I would share a real experience of consolidation that happened to me (and any other 88E shareholders this week). I do so to help manage expectation only as I firmly believe that consolidation for GGP will be on a different scale and outcome than for 88E.

For a start 88E’s SP was suspended at .000575 and a 25 to 1 consolidation conducted 2-3 days ago. As expected my shareholding reduced by a 25th of what it was and I therefore waited to see the SP multiply upwards by 25 times to 1.4375p - you can see why I say the scale for GGP is much different to 88E. However and here is the eyebrow raiser, the SP at no point rose to 1.4375p either on the day or in the couple of days since. It only ever hit a top price of 1.25p which is only a 21.74 times (not 25 times even though my shareholding is now a 25th of what it was). Of course I queried this with HL Technical Team and got a response that basically said that the prevailing market dictates the SP irrespective of consolidation.

I post this, not to scare the bejeezus out of anyone, but merely to manage expectation. So whilst I am thoroughly convinced we will all see our GGP shareholdings reduced by a 20th, please be aware that it is the market that dictates whether the SP goes up by a commensurate 20 times. The truth is it might be less or it might actually be more, we will not know until it is completed.

For perspective 88E is classed as a “dog” of a share and indeed their reasons for consolidation is much more likely to be for even more equity raises to keep their O&G explorations going - their SP at time of writing is just over a penny so has slid downwards ever since consolidating. I do NOT believe GGP’s reasons for consolidating are for the reasons of survival like 88E’s. I also believe that the ASX cross listing is the main reason in order to capture even more investment (II & PI) - 88E’s reasons were not for any cross listing. However information is king and if this just helps give firsthand knowledge of experiencing a recent consolidation then here you have it. We just have to wait and see how this consolidation for GGP pans out, which I expect to be very positive - VGLA 👍

For goodness sake just greenbin LetsGetRich as I did ages ago - he’s just a fudster out for himself - please don’t logjam this Board with responses to him as that is exactly what he wants!!

I was bemused why as a result of the consolidation my HL number of shares got reduced 25 fold but at no point due to the consolidation did the SP multiply up 25 times - the highest point it reached was 1.25p (not the 1.4375p that it should have) and hence only went up 21.74 times. Here is HL’s response: -

“Thank you for your email.

You are correct to assume that when a share consolidation occurs the share price would normally reflect the reduced number of shares. However as with all shares the price is determined in the market.

As the shares continue to trade, normal market forces will determine the share price.”

And there you have it - 88E’s consolidation still managed to take nearly 13% off our actual value. Must admit I am very very disappointed in this transaction.

No Costa - it’s not a question of posting that the SP will be £4, £6 or £7 post consolidation - it’s just your lunacy for stating that it’s being manipulated to hold at a £2.50 SP. The fact is it will be whatever it will be but stop trying to persuade everyone that we are being held at 12.5p just to hit £2.50 through manipulation. You know no more than me nor the bloke down the pub, so stop spouting nonsense or at least do the decent thing and announce it as just YOUR opinion - which it is.