Member Info for Ricardo2019

Oh, and I missed that Bullionbypost.co.uk do store gold too. I somehow ended up on a Silver specific page.

Interesting stuff this - a whole other side to investing I've not explored before.

Hi speedymeadie, thank you. Always to risk to hold yourself though unless you live in an old bank with vault and fire suppression system (what temperature does gold melt at, lol?) ..

Do you know if reputable dealers are generally reliable/competitive when it comes to selling prices? No knowledge of this whatsoever, but I imagine it's like FX where the place you buy from can make a big difference on cost/profit.

> Try Bullionbypost.co.uk

Thank you, that's an interesting site. So they store silver, in Swiss vaults. You can have the silver delivered to you but then you pay VAT. So I'd keep it in their vault, but it has to be theirs - no transfers to other vaults allowed. And if you sell, you have to take their price (or get it delivered and pay VAT). I've no idea if one could get stiffed on the sell price margin.

That's awesome! Amazing to see the size of it and the barren surroundings.

> physical gold is as safe as it gets

How can a small investor hold it in a properly secure way? Avoiding any warehouses near Heathrow, obviously... :-)

And can you say what the rough costs are for that might be please?

Sorry, for completeness, I should point out that was an extract of one of his posts. But you can read the full post in his profile.

Check out Element1's posts. He does a sterling job of keeping track of upcoming catalysts. I hope he doesn't mind but I'm going to copy and paste a recent relevant post of his below, that I think you'll find interesting, from 22 Dec 2025 10:20. His profile: https://www.lse.co.uk/profiles/element1/?page=2

-------------------------------------------------

Hi JSP, I’ve got a stack of catalysts lined up — and they’re dead ahead:

1)Gold price breakout — now printing new ATHs almost daily

2) Full EPA permit still to come

3) West Dome Deeps drilling updates pending

4) West Dome Deeps PFS to follow

5) Upgraded Mineral Resource & Reserves

6) GDX inclusion / investment

7) Ongoing sector-wide capital rotation into gold miners

All of the above before March.

Beyond that, we have WDD development and Havieron FID and delivery.

-------------------------------------------------

As far as what you do, well you're retiring so if you must have the value of the cash from your GGP holding at this current price, and no less, then you could sell now - least risk though a potential opportunity cost of missing out on gains. Do you need potential gains to retire? A riskier approach that hedges your bets would be to sell in tranches over the coming months.

While I think the SP is only going one way, other things can happen in the market and you need to consider your goal and what could stop that. If you don't need all the GGP value as it stands, then you could take a staged approach of selling tranches as you get closer to retirement. Ask yourself what other savings do you have and how are they invested/stored, have you diversified into other investments? If you stay invested and there's a market crash, what does that mean for you? I'm not a financial advisor. You should consult a financial advisor if you are unsure about your retirement plans.

Thanks for posting Barraband. All sounds very promising.

Https://x.com/shaun_day_/status/2004503272217026740

Gotta be a mistaken post surely? A Boxing Day puzzle for us.

*Bamps not Baps!

Sorry, but I had a few sherbets last night and I don't think I'm quite recovered...

Merry Christmas one and all!

What a great community we have here - the very best. Very warm wishes to all the LTHs and a massive thanks to all those who willingly share their knowledge and expertise, or organise meet ups, and do so much to help this community. I will miss someone out so I apologise but off the top of my head thanks to Baps, Element1, Paddy, Dip666, Rotherby1, Mike.

Here's to a golden 2026!

Cheers Dip. I may take a gander tomorrow but you are dead right - it's late and I am off for some kip.

Interesting comment, Dip. Any idea if those relate to the mine or the plant, or both?

I agree with the spirit of your post but would reframe the below sentence slightly differently:

> will have put contingency in place because they need the asset to continue to earn the bacon

They don't need the currently producing mine (Telfer) to earn the bacon (assuming you mean long term, the real prize). The finance facility and current cash in bank would be used to bring Havieron online in 28/29 as planned if Telfer wasn't producing. So we're actually multi-asset, and all the better off for that of course.

And just to make it very clear where I'm coming from - I forsee massive gains from here due to the excellent fundamentals of GGP that have not changed.

I thought the below was useful to consider. Not financial advice.

Taken from a Facebook image and converted to text. Credit to: "WHEN TO SELL A STOCK -

Vishal Khandelwal"

SELL FOR ONE OR MORE OF THESE REASONS

+ WRONG FACTS

Bad management, bad business, weak moat

+ CHANGING FACTS

Deteriorating business, poor capital allocation, worsening management quality

+ NO CASH FOR BETTER OPPORTUNITY

Found a better opportunity, but do not have cash to invest

+ NEED CASH

Need cash for meeting a financial commitment

Do not invent new reasons to continue when the original reasons are no longer available. If you realize you made a mistake, accept it. Swallow your pride, and move on.

DO NOT SELL FOR ANY OF THESE REASONS

- STOCK IS OVERPRICED

What is ‘overpriced’? A good business with expanding earning power will mostly look overpriced. Stop looking at price-to-earnings multiples etc. only. Consider expected returns over the next 10 years from current levels.

Your original purchase cost does not matter. What matters is where the stock may go from today over the next decade or more.

If the company might quadruple in size in 10 years, does it matter if the stock is overpriced by 50% or 100%?

No one can say with any precision what is ‘overpriced’ for an outstanding business that earns return on capital more than cost of capital.

- OTHER REASONS

Stock has gone up from my buying price.

Stock has surged 50% in last one month.

I expect a correction. Sell now and buy again at lower price.

Sell before I lose my paper profits.

“If the job has been correctly done when a common stock is purchased, the time to sell it is — almost never.”

— Philip Fisher

> Merry Christmas one and all but please have a bit more patience

More patience would have served you well when you were out of order complaining about the post regarding the granddaughter with leukaemia. No apology I see. Merry Christmas to you too. I hope you remember (and enjoy) what it's all about.

> we will definitely have a cash balance in excess of A$ 1 Billion.

Ah, I dunno. I see a huge risk that nobody asked about at the Town Hall and it's not covered in the analysts reports...

Just how much is being spent on the GGP Christmas Party? It's got to be a mega event this year. And the Aussies really can party! I forsee an January RNS - you know that massive cash balance we had, well....

I must admit, we're approaching £5 quicker than I expected. But I don't think it's greed to hold out, we just want fair value for our shares. We know GGP is worth a lot more, we know GGP have the team to do it, and the strategy. Why give away what you are due to others?

Crikey, they aren't hanging around!