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Tymers, MOT's & MAP's, what are you going on about ? Please read through your post before sending Thanx !
MH01, Who was that stated "One pound tomorrow" back on the 6-12-2020 ?
I'm sure you were not thinking of 20p back then. I'm not getting into an argument about this because it's poinless. I'm just pointing out that some here still believe/dream of much clearer sky's ahead, leading to a far greater SP than the one we are currently witnessing.
ATB
Exactly Speedie, how can anyone at this stage of the proceedings say that this won't be worth X in a few years. They can't !
It pi55es me off when some lambast people, who have a more positive outlook than others. It's not saying to everyone, buy, buy, buy. It's just showing a bit more belief in their investment.
Like the old saying goes, "You wouldn't stick your hand in the fire, just because someone said to do so". I'm pretty sure most here have a degree of commom sense, and follow their own gut feeling.
Only the ones who "Just don't get it" !
But we have 100% more gold in the ground, 4.2M oz as opposed to 8.4M oz now, and kept the 5%.
High grade definitely. Length of strike short. But who knows on further exploration what will turn up. But at least it goes to show there’s gold deposits in the area. Upto now, they are far better than we’ve turned up at Scallywag.
Trippy, Shaun hasn’t gathered together this band of renegade BOD’s on a whim.
You gotta ask yourself, why they would of even considered joining GGP, if it was just an ordinary play.
You’ve got to read into the things that haven’t been said, than those that have.
Havieron in itself, will be a massive mine, producing far more than has yet been stated.
We are still at the infancy stage of this project, and personally I think Shaun is playing a blinder.
He wants the whole lot, not the 30% we currently have, but the whole kit and Caboodle.
He’s got the backing of Andrew Forrest, who imo, has yet to show his hand. But I’ll bet my bottom dollar he’s in this for the long run.
Shaun is holding everything very, very close to his chest, and will only call out Newmont’s hand when things become much clearer.
If Newmont decide it’s not for them, then as Shaun has stated, he’d love the “Buy the farm back”.
If Newmont decide it is for them, and why shouldn’t they, then it’s down to two scenarios.
They want it all, thus making an offer to GGP for our 30%, and Shaun knows what it’s worth, so don’t expect him to accept a poultry offer.
The second scenario is that we just stick to the original plan, and scoop up 30% of multi-decade profits.
Whichever the option GGP decides to adopt, it’s a Win, no matter which side of the fence you decide to sit on.
All the BS posted here is just that, “BUll5HIT”, and just proves to me that some just don’t get it.
Freddie accused me of being a fool for not taking the bait when it was offered. All I can say Fred, is I’m not here for 38p, double it and I might just be tempted.
Whether that takes another 5 years, I ain’t going nowhere.
Tis not so young Ace, but far from just rolling over either.
Fair dinkum mate, you Little aussie possum
TBh who give a flying F**k whether or not it’s a town or a city ?
It is what it is, I’m more interested in what SD has to say in the latest podcast by the Sunday Roast gang.
Imo there’s no doubt at all, that whether we get bought out, or go on to be the sole owner of Havieron, we will all benefit, some more than others,I admit !
Speedie have you been on the sauce today ?
Whatever happens, investors will do very well, whichever way the tide goes.
My impression from what he is stating is that Shaun’s preferred opinion, would be to have the chance of going it alone.
Like he said, he’s got this highly ranked BOD’s to do just that.
This guy knows what’s what, and imo, I would love to see just what could be obtained with his foresight, that 99% of punters here Just don’t understand.
No matter what happens in the next couple of years, like Callum stated, it’ll be a win win scenario.
To the doubting Thomas’s out there, you do what you think you have to do. Me I’m going nowhere.
Bamps, could it not be, being the height of summer out there were temperatures reach the high 40’s, that the evaporation ponds are doing just that, evaporating the water at a faster rate to what we’ve already seen.
Just an idea !
Ben what I was trying to show, is how the institution’s are increasing their percentage.
There was no way they were buying into GGP for tens of pennies, but now it’s down to single digits, they seem to be taking up the slack from disgruntled Pi’s, who are not seeing the returns they once thought would of been guaranteed by now.
Yes we all agree the SP is in a sorry state, but it’s not just GGP, it’s all juniors and especially exploration plays.
Once the Bulls return to the markets, GGP along with many other goldies will start to fly.
The stock market is just one huge game of snakes & ladders. The key is knowing when to cash out before the ladders get just as slippery as the snakes.
Ace, it’s not inspirational, it’s just simple Common sense, which far too many here show no signs of having any.
When you have the likes of freddie throwing his two penneth in, who quite frankly doesn’t seem to have a clue, is it any wonder a lot of folk seem to always lose, when they just go into investing hoping things will turn out good for them without having a modicum of knowing what they’re getting themselves into.
There’s quite a lot of savvy investors invested here, and they didn’t just have a punt, they did there due diligence and research before buying into GGP.
Unfortunately a lot of punters just jumped in on the back of the hype in the latter part of 2020, and unfortunately are suffering due to not knowing how this game usually pans out. Ultimately taking Havieron alone, never mind if we hit something else on any of our other very prospective projects, this will come good.
Imo there is no way that Newmont will walk away from Havieron, especially when it’s too early to say whether or not the Patterson region could turn out to be as I stated back in 2019, another Carlin Trend. In another 10 years who knows just what they will uncover deep below the surface.
These are new discoveries being made deep undercover as all the shallow finds, seem to have been exhausted and undercover is the new methodology of finding these new targets. But things like that won’t happen overnight and that’s why GGP are one of the ones who are in the driving seat when it comes down to exploring these finds in the Pilbara, that’s why the likes of Rio have shown an interest in us. And that’s why I’m still here, hoping that in time, this could be paying out handsomely for generations.
And that’s why I get so frustrated at some here, because all they want is for it all to happen yesterday.
ATB
Badger, “What does it mean when the share price spread shoots up?”
It means they can just f**k us around a bit more.
Reading some of the posts today about why we are where we are, does tickle me.
It’s all about the volume of shares being traded, that is the main factor for us slumping to these lows these past couple of years. Yes, the shorts that have been taken out haven’t helped either, but they are only capitalising on the fact that us Pi’s are such a fickle bunch, and playing us like a fiddle.
When you’ve got half the blumming posters continuously wetting themselves on a public forum, is it any wonder.
What is it Rick Rule says, “To buy when your sector is unloved will give you the biggest rewards”, and that’s just what the smart folk have been doing.
Why didn’t we see the institution’s rushing in on a Pi stampede, Why ? Because they’ve played this game time & time again, knowing back in 2020 that worse case scenario, they had at least 4 years to get this down to a level that many would capitulate at, before coming to the perceived rescue of a White Knight, and claiming the spoils.
Back in 2020 with around 4.2B shares, we were around Eighty five percent owned by Pi’s. Now with 5.1B shares, according to the latest register, the Pi ownership is down to around Sixty four percent. So slowly but surely, this is being played out as per usual, with the ii’s taking over.
It doesn’t take a genius to work it out what’s happened, and continues to do so, but you can still be a part of the large gains to be had, if only you play the same games as the Big fish do, and be patient.
It’s up to you guy’s, don’t throw your winning tickets away on the cheap, just sit out the storm and wait for sunnier days.
ATB
After watching said film/movie the other day, showing how the famous PT Barnum put on his world famous circus show, with all sorts of peculiarities from around the world. He wouldn’t of needed to have traveled far to find enough entertainer’s to fill his Big Top, by looking in on this board.
And the best bit, it’s all free !
Jeez I wonder who’ll make an appearance next ?
Big difference there ace, is that they robbed the stuff and wanted folding old notes for it to spend asap.
Don’t think my mate is interested in smelting down a few Rolex’s and his granny’s vintage rings.
Oj17, I know a guy who’s substituted a couple of bricks from his wall and replaced them with gold, and plastered over them. Nobody’s robbing those, except his kids.
TBF, I think untraceable in the hands of a Pi, would be exactly that.
You could give it your kids before you pop your clogs, and nobody would be non the wiser.
If someone asked where it was, you could deny all knowledge of it. That to me is one of its appeals. Maybe ask Speedie, I’m sure he’d have a view on the subject.
I’m sure plenty out there squirrel it away to avoid IHT and the likes.
Brillgold, obviously you have freddie in your bin also, I dont think we missed much 👍
Ben, I surely hope they were'nt bought in !
Nothing you say ever hits anything, your so wide of the mark Freddie !