Member Info for Redirons

Mmmm - I think to make your point Seahawk you have gone haywire in your number of zeros and then adding M at the end of them. My math is that our MCap is currently £96m with an SP of 0.525p so with an SP of 4p it would suggest our MCap would be £96m divided by 0.525p times by 4p = £731m NOT 850,000,000M!! With what is going on at PANR and the potential overflow into our territory a multiple of 4p SP is very achievable provided we hit oil imho despite 21bn shares perhaps in circulation from the current 18.4bn in play. I am not trying to belittle you - only to ensure figures are accurate whilst we all can only guess what the SP will do should we hit oil - VGLA true 88ers.

Folk may be interested as to what the Australian Press are saying about the reasons Biswas was exited - looks like being overpaid for not delivering enough is the inference and hence the pressure he was under from NCM Shareholders - now what would a canny new CEO do to appease shareholders? The answer lies in Havieron imho!! Here is the article:-
https://www.smh.com.au/business/companies/australia-s-biggest-gold-miner-starts-ceo-hunt-20221219-p5c7dx.html

Seahawk - ur missing the point of Wayne’s question - he’s asking what would the SP do if we hit oil - the $64,000 question!!! Truth is no one knows for sure but I would bet that it would be multiples of 4p wouldn’t you??

YY - you’re absolutely right imho - people that think jumping from CEO GGP (which Shaun has only been for less than 2 years) into CEO NCM is as simple as Shaun choosing to do so, are lacking any true Corporate awareness. The next CEO at NCM will be a proven and seasoned “name” imho. Shaun is probably very happy cutting his teeth and trying to make a name for himself by transitioning a small explorer into a multi-billion assetted miner/explorer - NCM might then take a second look at him imho.

Hi MFU - as she is being announced as an Interim CEO she will literally be acting as a caretaker only and highly unlikely to make/take aggressive steps on anything. She will just keep things ticking over until the next major appointment is made imho!!

At this kind of level any new incoming CEO will have done their homework about SB’s successes and mainly his failures and will assess disgruntlements of shareholders and how to get them onside. We know NCM Shareholders are fed up of SB’s “jam tomorrow” strategy and they want more dividends now!! What could accelerating Havieron even quicker to feed the needy and expensive Telfer in order to put jam on the table for shareholders, mean for a new NCM CEO - quick wins is the answer and starting off on the right foot!! Interesting 2023 ahead as we knew it would be - VGLA true Greatlanders!!!

My vote goes for No. 10 Speedy and then the world will look a whole lot different and GGPers can go out and about helping others!! Wouldn’t that be a great outcome!!

Agreed EAW - Shaun has said as much to say that it would be silly money to prise Hav off us now (or words to that effect).

Fantastic find Schlemiel - thanks for sharing as ever!!

Hi Ace - it’s your choice of course but I binned him ages ago and am not missing out on anything positive that he might post because he doesn’t post anything positive imho!! Good luck to you Ace.

Well said MM - thank you.

Good on you Babyinvestor - I wish you all the luck in the world!!

Sorry Ace but that’s typical subtle undermining by Culpepper to unsettle and unnerve the weak - don’t add to it unless you really have to as it’s just an opinion at the end of day with nothing factual to back it up - green bin and ignore the neg-heads is my advice as their agenda is disingenuous imho!!!

Taverham - the point is the US Fed cannot allow the $ to keep strong for too much longer against other currencies as it is disastrous on external trades, tourism etc. Speedy has been saying for ages that this naive approach will come to an end soon and now I think we are mighty close as the US go into recession and pressures build - all imho!!!

Hi Brom - can’t believe they would issue an RNS stating we are spudding in Feb/March if they didn’t have all the necessary ingredients in train - I don’t think we’ve stooped to that level of ineptitude just yet - there is still all to play for imho!!!

Well said MM and good luck to you too!!
Come on GGP - let’s get moving!!!

Great post Bandit1 - thanks and also thanks to those who are updating us from the AGM which I couldn’t make, nor can I make the TH tomorrow sadly - but hope it goes well and our SP starts to rise for pity sake!!! VGLA as better times ahead!!

Mmmm - sorry m8 but it’s not exactly your intel is it - any real investor (and GGP have loads) merely look up a host of different SP websites that give you historical SP trends over any given timescale so thanks for what is pretty common knowledge. You can revert to Lloyds now if that’s OK with you.

Gee thanks for that marvellous insight Carltt - it might have been lost on those of us who have thoroughly researched and invested in GGP for the medium to long term. Anyone who clicks on your name and then reads even your recent posts will see that it is an honour for you to come onto our Board to point out such wisdom - compared to your posts on other Boards we have got off lightly. It doesn’t take a genius to work out you’re not invested here so it’s your choice - you can either jog on or resign yourself to the green bin that I recommend everyone puts you in as one of the sad individuals I was just referring to - unbelievable!!!

No worries - I can’t make next Wednesday myself as it clashes with already made commitments but look out for more local meet ups as I know Bamps went up to Scotland this year and I’m sure there will be more such events held locally round the UK - cheers buddy.