Member Info for Rotherby1

I posted the request on GGPChat, https://www.ggpchat.co.uk/viewtopic.php?p=3065#p3065, then sent the link to SD so he could see the question we had lined up, did not expect such prompt action

SeriouslySkint: Post of the week, fully agree

Re Cheshire Cheese, I will be there sometime after 3pm but well before 4pm due to my transport arrangements getting me there early, my first meeting.

acechaser: you forgot to end the war, try VP for war crimes

Then he can get out of his superman outfit and back into a suit.

Some people think he is superhuman, thinks me!!!!

""""I'd also love to ban cash. This is my personal favourite (and lease popular) idea to massively increase the tax receipts overnight without changing. There is only one reason to use cash nowadays in a post covid world... and that's tax evasion. Pure and simple. We've all done it i'm sure, said "how much for cash?". It's pure and simple tax evasion. Nobody needs cash. SumUp machines cost vitually nothing( £30 one-off for the hadware and less than 1% per transaction), even for the ice cream van, or the plumber or anybody else. No excuse at all for using cash anymore. When you look at the % evaded by putting the costs of a job through, but then not turnover, it's not just a bit of Corp Tax. It's massive. Get rid of it.""""

Agree completely and the first part of this should be a change in the rate of VAT on home repairs and improvement, as cash in had is defrauding the exchequer as the trades man claims back the VAT on any purchases, not declaring the cash so saving a minimum of 20% tax they should pay.. Italy you have to have a receipt for everything , the Financial police can ask you leaving a shop for your receipt.

Bunky1981

"""As a member of the workforce whose taxes are paying for the impossible promises made by governments 40 years ago, I'd be furious if they honoured the triple lock. I say that also as an (utterly embarassed and ashamed) Tory voter.

If "most people" only have the state pension to live off, then what were they doing during their working life?"""

Look around and you will see that UK pensions are very poor compared to other countries, and on lots of occasions pensions in the past have not kept up with wage growth, this is why the triple lock was brought in, with regard to your point as to what people were doing all there working life, often companies restricted joining pension schemes till after 1 or 2 years service, automaticity repaid is you left within a few years, some companies only had schemes for certain grades of worker.

""""My heart DOES however bleed for every person in this country, including pensioners. We've all been let down. All been failed for years. But we're decades too late to change it. We're all victims of poor leadership. I just don't like this divisive narrative that infers one generation is doing okay while the other freezes. As Cameron said "we're all in this together". Not sure he realised at it.

In the immortal words of Liam Byrne in 2010 note to his successor "Dear Chief Secretary, I'm afraid there is no money. Kind regards – and good luck!"""

I believe this was left as a joke the has been under for the last 12 years, I heard a conservative MP stay about the debt that Labour left. Labour prior to 2008 had ND @approx 33% of GDP, in 2008 to bail out the banks, this went up to approx 50%of GDP. Under the Cameron government it rose to 80% of GDP, under the guise of reducing the deficit... The actions of the labour government of 2008 where repeated in 2020 for Covid, and in 2022 fr the cost of living crisis, on all 'three' occasions quite rightly. AS with GGP I do like correct information so if you think I am wrong DYOR, but please do not repeat things that are in essence incorrect..

https://www.ukpublicspending.co.uk/debt_brief.php

Should...

May....

if we do fall then once again the market is pricing GGP and other similar stock wrongly

Bumble1968

Bumble be careful with Jokes like that , some people may not understand and drive the sp higher :)

some people on here should not be investing on AIM, as they do not understand.

you should not invest money you cannot afford to loose

you should look around and see most other companies in the field are down over 60%

other companies do not have the opportunities that GGP present and therefore cannot be shorted and provide a profit for the shorters, this is due to the critical situation GGP have been in, and we are coming out of that situation.

If we did not suffer the dilution we would never have been able to complete our part of the JV agreement, to the point of production.

Do not blame Shaun for your lack of knowledge investing in GPP and the difficulties of getting Havieron to production.

I've booked my train from the Midland and plenty of time on my hands so I will see you there, looking forward to putting faces to names on here.

If The Cheshire Cheese is good enough for Bamps, then it is good enough for me, Bamps seem quite good on geology and geography.

Can you tell me the location and times of the last one? Please
I could not go and therefore did not take much interest in the details.

As notice is short the info will allow some planning to come from Nottingham down.

Roger - why could you not write the same message like this ?
White kite- Please. Read my post properly and you’ll see I was asking what per g/ton ‘equates too’, meaning financially ie after costs etc. Of course nobody could answer it.

And WhitKite don't bite back.
both -there is no point in that language you would not use it to someone you did not know in the pub, so why have you no manners here

Worzel: I asked the question that got the 25p mentioned, but I did not here him connect POW to 25p next year, there was a separation of something like 'if for example' but lets hope that is where he sees the sp if not next year then in next couple of years. (It was good and very positive, keep the faith)

"even though Newcrest will have first call should their loan be defaulted?"

And as I understand the NCM agreement repayments come out of income from Havieron, so IMPOSSIBLE to be in default.

Well reported I have never used the buying and selling taps before very interesting.

I read with interest, no pun.

Canary3 say
"Firstly let me point our SD has raised funds successfully before.
NCM have a first charge on the asset and as we know, because SD told us, that the banks won't lend with NCM having a charge against the asset."

A first charge will be removed if we repay the NCM loan, so this is not an issue, as SD will raise the money required, operating funds are that funds to get the MUCK out of the ground, and turn it into GOLD and Copper. The banks will have a charge over the 25% which even on Newcrest valuation of last year is 300 mill US$. The real value of this is unknown, but the banks will like a very conservative estimate I suspect that the banks will lend 50% of this without blinking, SD has figures that prove it is worth a lot more.

So if we owe 40 mill and get 60 mill wit 20 mill in bank we can get funds to approx. 150 mill all in us$, more than enough to get us to a situation where we get positive cash flow.

SpadesAspade

I agree completely debt drives commerce .

I use Iweb which is Halifax £5 a trade, I joined for free but now a joining fee

I know who I trust to explore out of PJ and team or Ragingcow.
If you know nothing best to keep your own council, or compose as a question instead of a statement, no offence meant.

sol: I thong you have had too much Sun.
Yes they will go back over the 1p
The shares are what they are.
Bril Idea to do buyback with limited working capital that is needed to grow company, a guarantee that the price would not rise.
DYOR

Bank on right, I monitor this on a spreadsheet with live data for our quoted assets, and the Pre IPO assets means that at the current price either the market does not value the other assets, or they think that between all the assets there is very little increase in value possible.

But the market does not see much in the Junior miners, even Greatland.

I agree with Paul, the day will come, and it is within my time scale of 2 to 5 years.

thanks to PJ well funded and we are suffering on price like all others and today not just junior miners but good sold shares which pay good dividends.
In AIM you have to have the faith of your convictions when you bought. (if not you should not be buying shares, and definitely not speculative stock like POW)