Member Info for Rotherby1

Itsouthere you call dip a keyboard warrior, but I know he is more than that, the same cannot be said for yourself.

Many on here moan, complain, insult, but GGP is one share where you do have a direct line to the management. Instead of moans complaints insults come to the next town Hall meeting and ask your question, air your views.

If you cannot say something face to face then don't say it on here, you only lower yourself, unless that is not posible, think on that!

Https://www.ggpchat.co.uk/viewforum.php?f=40

Response not from GGP it is GGPhelp

The press report crashed the price not the RNS, but the price is a buying opportunity

Simple put in a buy and reduce your average price, if you cannot buy now then you cannot help fund any money GGP needs to expand and go forward.

In that case you have to leave it to the BOD to do the right think for you and and all shareholder including themselves.

I agree with your thinking on Telfer.

I think they will come to Shaun's door to discus matter relating to Greatland, there may be a deal or deals to be done we have several JV's with the Newmont group once they are in charge, the visit will come very soon as they already know the plans.

Taking out Greatland I do not think is on there list, and my reasoning is that we have (where Newmont is concerned) too much rubbish that would divert time and effort.

Ginger read more carefully, mentions in presentations and conditions of assets they want includes Telfer Havieron, we will have new partners.

The partners may not want to continue the other JV's, once Telfers life is extended they are going to be sitting pretty to get ore to process and /or an interest at a less risky time in the development cycle of these tenements.

It looks like Havieron and Telfer are considered one, (Tier 1) but it does not mean they are interested in the other JV's, they know that they can pick these up at a later stage, if they have Telfer working on Havieron ore for the next few years as a minimum.

And it includes Telfer and I suspect Havieron.

https://www.newmont.com/investors/events-and-presentations/presentation/default.aspx

Consolidation, if it comes applies to ALL, including the new investors, do you think they will accept a serious drop in value caused by consolidation. At on in 10 Shaun's options will be @ £2.50 think on that....

I have read that you may lose some shares as they round down as they consolidate, if the figure is 25 to 1 you could lose 24 shares. you can make sure you done by ensuring your holding is in the 100's with divisible by 25,20,10,5 but not 15. Any even number works wit 2 to 1, for 4 to 1 just make sure holding is also devisable by 4

I will made sure by the time it happens I do not have any reduction, I add a few at present as well as moving shares into our ISA's so pre warned allows me to make sure we do not lose a single share

Ntl101

Agree completely, if you would not speak to you wife, boss etc, done post it here. These posters show themselves up, personal comments should not appear, if they were educated enough they could disagree without abuse

IMHO - if Newmont were not going ahead they would not need extra time, time in which they can get their ducks in a line- maybe disposals.

GLA

If I know where you are I can try and get a good central location for us to meet, I will start looking at the beginning of April as busy till then.

I can the send out round robins to help organise a meet.

Thanks for the interest to the link Dip posted

I have set up an email address for meets

ggpmidsmeets@gmail.com

Please let me have your contact information if you are interested Via this address

Mike

where else in the Patterson is there any ore ready to mine in the next 1 or 2 years

I believe that PJ holds GGP as of today not enough to have to declare him shareholding but he told me late last year he is still holding.

Funny as I post this (23) recommendations but no comments, yet others using Elephant in the room, have loads of ridicules comments

all had the money, then there would be no DILUTION
https://www.lse.co.uk/ShareChat.asp?ShareTicker=GGP&share=Greatland&thread=605D3516-51CF-4944-91D3-04304D40D378

'The elephant in the room of course is the inevitable dilution that would result.'

Dilution happens event with FT100 companies, do investors here not realise the hard business choices.

In the case of companies like Greatland there are I think 2 cases of dilution.

Case 1, as last year when we needed money to continue with our committed spending. If you cannot raise the money using the banks etc, you have to get it from the markets. The reality of this situation is that without in inflow of funds the company cannot fulfil its commitments, if the company is in this situation then the next stage,
Greatland was in this situation but the work of Shaun and the board brought in the new investor and because we were now funded the bank borrowing.
Was there dilution? The share holders could not fund the business so we sold part of the business to the new investor, but the company may not exist without the extra investment.
Realty Check, alterative the company fails and your share certificates become Scrap paper and in the digital age, nothing, so no real dilution.

Case 2, we are now funded for the expenditure that we are committed to. There is talk of M&A activity, can the business finance this at present? No. Can the existing shareholders stump up the cash? No if you cannot fund through debt, the you need more shareholder funds. The new funds are not dilution, they are not taking value out of your share holding, they are giving you a better chance of the company expanding and you benefiting from it.

If we had continued as we were at the end of 2020 (max paper value) we could we have been taken out and we could have lost all, luckily the old management (GH) brought in the new management (SD)

What I would like to say to anyone who has though about attending, last year when I attended my first meet, I started in the pub knowing no-one. There was a group around a table about 6 in number , I sat and listened for a bit before asking to join them, as they were clearly talking GGP language.

Everybody was very welcoming, it is a bit intimidating, but my advice is attend if you thing you will benefit, I did, and was made most welcome.

GLA