Member Info for Ricardo2019

Have I missed an RNS on this then? It's possible, I've not visited this board so often recently but I did think I'd seen all the RNSes. Possibly not?

AJBELL said the deferred shares were effectively worthless and won't be credited to my account.

Https://res.cloudinary.com/investorhub/raw/upload/v1746202662/leaf-prod/349/documents/2025_Notice_of_AGM_znkmuu.pdf

Just got this via a corporate action alert from my SIPP provider.

To be honest, if you are very into eco-matters (nothing wrong with that) then I do hope you aren't buying anything from China (via Amazon, Temu, AliExpress, your clothes from the high street, most other stuff sold in the high street, etc etc). Because they're building a shed load of coal-fired power stations with your money. And IMHO that's as bad.

Jesterscript, you are spot on about stamp duty, my bad. Broker fees is an interesting one. Is it the case that some or many 'quality' brokers (in terms of service) aren't charging trading fees? Wonder how they make their money. I pay a fiver with iWeb or it might be £10 with AJBell for my SIPP. Doesn't bother me too much as I'm not a trader, but LTH.

> Hi is it better to sell what shares we have and then wait after it becomes 1 to every 20 ggp share?

So you want to incur stamp duty and broker fees, plus risk paying more on the re-buy, for what reason?

But that's one third of a pint! A schooner, in Aussie terms I believe.

Hey, stop trying to claim the wooden spoon prize. ;-) WSBN is even worse than Sunshine or Vela.

> Should we be concerned?

Nah, but worth a question. I'm not particularly concerned. Some here may recall that I emailed GGP to clear up an error relating to the description of the proposed ASX listing in the 22nd Jan RNS. which Shaun and Rowan very quickly explained. These things occasionally happen.

Good on the ovation! Keep the updates coming please. Wish I could be there.

Hi Sageman, sorry for my ignorance but would you mind explaining this a bit more please and how you got to 18.6p?

"Looking at the recent options announcement. The implied price for the strike is 18.6p. "

Bowie summed Major Tom up perfectly.He's smoking something.

The spread has widened. That is all.

Ben omits to mention that the cash pile isn't just for exploration. We have a mine to build. But otherwise, he's right that we need to remember the other tenements.

Gold5, second time in four days you're asking about consolidation. Pretty sure we put this to bed the last time.

With PFC it isn't the consolidation you should be worried about. It's the 2.5% of equity you'll be left with post financial restructuring and achieving that 2 yr target of £6 (pre-consolidation target).

I don't think you're posting in good faith.

I will lazily copy and paste my previous answer to this same question from a different poster:

B4zh, you've got to start thinking about this in more depth. For other consolidations that you've seen, tell me what you saw in terms of share issues and why those shares were issued. In particular, what was the financial position of those companies in the years during which billions of shares were issued? Contrast that with GGP. why do we have so many shares and what's our position?

If you think about it, you'll realise the huge difference between a company forced into consolidation because they'll need to place in the near future in order to survive, and a company welcoming it as a building block for growth.

No worries JohnnyX1976. Always best to double check if not 100% sure when it comes to these golden tickets. The genuine folk here are happy to help.

To confirm, that line means that the last day that we can deal in GGP shares on LSE is the Thursday and then your GGP shares will convert to GRL shares on the Monday. Which is interesting because it reads as though no dealing in GGP shares (or GRL shares) will be possible during the entirety of Friday 20th June. Trading on AIM restarts on Monday and for the ASX on the Tuesday.

It is not a dual listing. It is a cross-listing. And no, you don't gain shares. You will receive one GRL Share for every 20 GGP Shares held. Seriously why does GGP chat not educate ?

@JohnnyX1976 you don't need to do a thing.

Easy solution: stop pretending to be a day trader. Think like an investor instead.

Iknownuffin - get your facts straight before calling anyone a liar. On the call he was talking specifically about the stockpiled materials. There may well have been firesale offers relating to a sale, but that was not the context of the question being addressed by CS.

I await your apology.

Two important clarifications:

"Sale inching forward" - No sale is currently inching forward. The market conditions that may help a sale progress are inching forward. Two very different things.

"Received offers but fire sale price ". This was referring to stockpile sales. Not a sale of the company/whole assets.