Member Info for Ricardo2019

That's a great story, sounds like you got into GGP nice and early.

Though I do quite like the graph they've put along side for a quick glance of the days action.

Yeah they did it about a week ago. Stupid change, I hate it.

> Hi Ricardo. SD Had puts in place to cover falls

Hi Speedy, that's a good point I have no counter to. I can't remember what the puts 'cover' in terms of volume. Regarding central banks, they serve a very different purpose to mining companies so for them, holding gold is not really debatable - unless you are Gordon Brown, haha.

And if they held gold back and the price dropped, they'd get criticised for not selling. SD's a gold miner, not a macro economist. He probably doesn't see it as a wise idea to try to speculate on future higher gold prices, but focus on getting cash into the GGP bank account.

Because many mines don't make it to production, or maybe do a SOLG and get taken out for peanuts. Making a full exit means you get a guaranteed decent return that you control. Securing the finance and getting a mine delivered is very hard and takes many years. Sometimes people want the money earlier.

> 13.57 I'm seeing

That's yesterday's close. You're still seeing delayed pricing.

Go here and select cboe live streaming:

https://www.marketindex.com.au/asx/ggp

I will. Can we agree that as a Futures Contract? I'd want to ensure a tidy profit at purchase so let's say Jan 2027?

Oh those shares! Gotcha, cheers Element1.

Ok, thanks both. Good to know. My tired brain can't work out how they've taken options but there's no new shares. Must be time for bed for me, or I'll stay up getting knackered watching the ASX price going up!

I assume this means an additional 55,256,805 shares will be issued, is that right?

LOL Doozer. You can also point to my figures not including any accretative acquisitions or resource/mine life upgrades.

Not including allowance for Capex, just ASIC, and a PE of 18, I get a £9.7Bn mkt cap and £14.46 share price for calendar year end 2026.

Ah Mizman, it's you! I am so pleased to see you because I'd forgotten your name. It was you who confidently told me years ago in the Autumn (is it 3 now or just 2, I forgot) that the Donbass front was collapsing and it'd all be over imminently. How are you finding the end of the war then? Is it nice where you are? Did we sell the company after war ended? I must have missed that.

I now see you are just as informed about how diplomacy works as you are on special military operations. Oh dear.

Are you still holding shares? Unfortunately I am. God, I hope we can sell our assets soon so I can stop having to read Putinbot nonsense.

In Trump's presidential library. It's not like anyone will ever visit.

Thanks for confirming that they could easily pay. The US can still issue debt like there's no tomorrow - watch this space. I guarantee you absolutely that they will do so in the future.

Molatovkid, you should know that a US government shutdown (which has happened a few times in recent history) is nothing to do with the state of their economy, as you claim, nothing to do with any supposed inability to pay, but is always driven purely by political factors.

Over A$13, 0.56% up.

> when Putin is only defending his country's sphere of influence

When you come out with statements like this you can't expect people to think you are clued-up. Dismissing the attempted subjugation of a sovereign people and removal of a democratically elected leader by military force, the mass murder of civilians in places like Bucha and others, the effective erasure of towns and cities like Maripol, the targeting of civilians and emergency services by Russian drone pilots, etc as defending a sphere of influence is crass in the extreme. Have you not heard of diplomacy? Millions of innocents affected by a madman's lust for a larger Russia - it's disgusting. I'm always happy to have a nuanced and detailed debate about military and geopolitical matters and how they link to EUA - but it's got to start sensibly.

Forrest, The level of ignorance here is astounding. But I guess when your diet is Russian state propaganda, one can't be too surprised. Of course, anyone in the West knows that in all probability TACO is just posturing for a better negotiating position. Because, despite his attempts to take power from all 3 branches, even the Trump supporters in the Senate won't allow him to invade Greenland. Plus, the US doesn't have enough winter warfare capabilities, or the logistics without Canada, to succeed in the long run. But the real issue here for EUA is that the orange real estate agent with the attention span of a goldfish has moved on from the Putlers illegal invasion, because that's hard to solve. Making silly noises about Greenland is much easier for the senile old fool. That's why our share price is going down.

Luckily for us, because TACO forgets what he said last week, he may well move back to trying to solve the Ukraine issue shortly. Maybe we should all email the White House to convince them that the Nobel Peace Prize committee is relocating to Kyiv? That might help.