Member Info for SpadesAspade

CP, talk about stating the bleeding obvious. Of course Havieron was the reason most bought in.

Telfer was never an option back in 2019-2024 !

Charlie156, have you ever heard of the saying “If you have nothing positive to say, best keep shtum” !

That’s the reason real investors don’t post as prolific as they may do when there are positive things to discuss and talk about.

Have you not considered that ? And anyhow, who wants to read about negativity apart from a naysayer ?

If the POG gets any lower then that’s where SD’s implementation of Put Options come into play.

As of its latest reported position GGP has 112,502 ounces of gold production through to the end of 2026, with the following protection levels.

Jun 2026, 37,502 @ $4200

Sep 2026, 37,502 @ $4200

Dec 2026, 37,498 @ $4200

These Put options give GGP the right, but not the obligation to sell gold at these prices, providing downside protection if gold prices continue to fall, while still allowing full participation in any rise in the POG.

So hopefully this could be the bottom as we stabilise before the POG starts to move forward again.

Brilliantly played once again by SD, who is proving to be one helluva smart tactician, defending GGP’s position to what could be the upside if gold continues to fall.

No luck involved on my part Freddie. Heard about the company from a friend of mine just after the Ernest Giles “Not at this time” episode.

Watched and learned for over 12 months before deciding to invest a decent sum into GGP on the day Newcrest decided to get involved.

I told you back in 2020 exactly what sort of ROI I was hoping to gain, and let’s just say that currently I’m 47% on the way to achieving that figure.

One thing I don’t do is panic when things don’t quite go the way we’d all like, as I just stick to the fundamentals of just what GGP have, and those fundamentals just keep getting stronger.

I’ll admit, I’ve been tempted many times to cash out, but when a company is holding as many Aces as what GGP are holding, I just can’t see where else I’m going to almost guarantee reaching my target.

So in response to you telling me to look in the mirror, I do, and conclude that I did the correct thing at the correct time, but wasn’t dragged along kicking & screaming like a baby as you were. And the reason being, was because I fully believed in the company and the vision, unlike yourself who only jumped on board after purchasing your ticket when the train was almost full, not when said tickets first went on sale.

You stayed onboard for the journey because you had no other choice, not because you believed in the destination, simple as !

E1, do you seriously expect Freddie to comprehend anything you just said ? That’s way too technically challenging for him to get his head around.

Freddie is just a punter who got lucky by somehow stumbling across GGP, he didn’t invest based on research, that you can bet your bottom dollar on. He’s a more, wet your finger & stick it in the air type of guy, who then has the audacity to tell everyone else they’re wrong and he knows best.

Just because he’s a “Turncoat”, he now thinks everyone here is in agreement with him, forgetting that some of us have good memories, and can remember his naysayer attitude to almost anything positive to do with GGP, and then going on to blaming SD for all of his own personal insecurities.

Almost every LTH here has believed in the company from the start, Freddie being the exception. Personally I think you’re just wasting your time to educate a man who thinks he knows it all already, but hey WTFDIK when it comes down to what goes on in his head. 🤷🏻‍♂️

I thought UFO was going all the way to the moon !

Is that not correct ?

Goingtothenuthouse

https://youtube.com/shorts/D44F3JSdBJ8?si=uenBFtifbf-CcfLi

Mark Barnaba disposes of 978,389 fully paid ordinary shares for gross proceeds of A$13,214,066.08

Mr Barnaba continues to hold 500,000 fully paid

ordinary shares in the Company valued at $6,395,000

based on the closing share price of $12.79 on 28 May

Not bad work if you can get it !

Great start to the day, just hoping the SP can hold on to it’s early gains 🤞

Hey Tomorrow’s loser, I don’t need to brag, I was fortunate enough to be in the right place at the right time and put my money where my mouth was. The rest is history, and I’m enjoying the benefits of that life changing decision I made back in 2019.

What did you do ?

Arrived at the party as subtle as Delboy & Rodney as Batman & Robin, and you think people don’t just laugh out loud whenever you appear.

Jeez read the room fella, you’re the worst sort of human being ever to have graced this board, but not for much longer.

Anyway I like the way you contradict yourself over & over again. One minute you’re gonna be sending Rachel from accounts round, to get her grubby little hands on my good fortune, or you say I have no wealth. Which is it ?

Like your moniker suggests, you don’t know what day of the week it is, never mind understanding how business use other people’s money to finance large projects, even though they can afford to pay for it. The whole monetary system is designed on debt and if you don’t have a grasp and understanding of that, then there’s no helping you.

One day you might learn a thing or two, but I very much doubt it.

Jeez TMT, that first paragraph sounded as if Boris Johnson had written it 😂😂😂

I’m not having a go, I just found it funny. It just reminded me of his famous lockdown speech !

Great example of just how people have different strategies to each other.

Great trade by the way EAW, congratulations 👏 👏👏

EOAW, are you saying you have just purchased over £1M of GGP shares today ?

Why are such a lot of you panicking AGAIN !

GGP’s SP in March was as low as £4.99, by May it was almost £8 quid, and the first time GGP got to around £6.60 was only in January 26.

It’s nothing to panic about, it’s just the market doing what it has always done, up one minute down the next, but the trend is definitely in an upward trajectory and I see nothing fundamentally amiss with how GGP are carrying out their operations.

When I see posts saying things like “Why are we down 10% when gold is only down 4-5%, just shows how some folk just don’t understand the metrics of how profitability works, and how it can affect a company’s SP.

If say the POG goes down $225 an ounce, then that’s around 5% of what it is today, but it will affect GGP’s profits by a much larger percentage, because if we are producing gold at $2k an ounce, that’s over 10% straight off our profits.

It’s only been a few weeks since we were admitted to two large indices, the ASX100 and the GDX. I’m sure the institutions didn’t all just pile in at once, as was touted by some, but took a more measured approach, knowing that after the scramble to obtain shares in GGP, there would be ample opportunities to get what they wanted over the next 12 months, due to the sort of pullbacks we are witnessing now.

They have an encyclopaedia of tactics at their disposal to try and keep us Pi’s guessing as to what is actually going on. The only thing we have to do is learn from past events and experience, not to throw in the towel when things appear to be getting a tad rough.

I consider myself an investor, trying to learn from the likes of Rick Rule, who’s taught me over the years to just sit on the sidelines and not worry about the daily/weekly going’s on of the market, especially when everything around you is pointing to the POG going much higher than we see it today.

Everyone’s strategy is different, but If you guys think you can trade this share, then good luck, because I for one will just sit, watch and wait, like an angler watching his float, until the right moment becomes apparent before I strikes to catch the BIG one.

I’m not saying my strategy is the best one, but for me it’s working rather well, and more importantly, without the stress of wondering if I’d timed the market correctly by trading it.

I think I timed the market correct when I first invested, and that’ll do for me. I just hope I time it correctly when I decide to exit too.

ATB and good luck to whichever strategy you use. It’s not about winning each battle, it’s about winning the war that matters.

Freddie you still don’t get it do you 🤦🏻‍♂️

When gold was at $5500 per ounce for what. a day ! Just who would have took given GGP that deal.

At least I know which side of my bread is buttered, obviously you don’t you Muffin

Zoros, I think I’d rather be considered a Tier 2 operator with a AISC of just $2000 on 320,000 ounces of gold mined, than a Tier 1 miner producing 500,000 ounces at a AISC of $3500 per ounce mined at current prices.

Jeez Freddie, no disrespect pal, but WTF do you know about hedging. Give us some figures about how and who would have even considered offering GGP $5000 per ounce on an ATH gold price.

Sometimes fella we don’t need to point out to others how stupid you sometimes are, because you’re quite good at pointing it out yourself.

Think about what you write before letting your emotions overtake your brain 🤦🏻‍♂️

My sentiments exactly AutumnLeaves.

Gold first surpassed the historic $4,500 an ounce mark on December 23, 2025. The precious metal experienced a record-shattering rally, with spot gold peaking at $4,524.68 per ounce and US gold futures briefly reaching as high as $4,555.10 during the day's trading.

So why are a lot of you here sounding like “Corporal Jones”, panicking as if the POG and in particular the SP of GGP is as Private Frazer used to say "We're doomed, I tell ye! Doooomed!"

GGP are making money hand over fist, and are well on their way to becoming one of Australia’s biggest success stories of the last few decades.

Yes we saw a spike upto $5600 dollars for a day before settling around the $4700 mark, but the way some of you are talking, it’s like you’ve all become just another Frazer !

As Cpt Mainwaring used to quote, “You can write what you like, You're not going to win the war!”

This war with Iran is temporary, and unless you were going to sell now, I don’t know what you are worried about. GGP are still producing lots of gold every day, albeit not at the peak of historic prices, but not far off. Only six months ago we couldn’t have wished for a better price than what we are currently obtaining, so as Jonesy used to say “Don’t Panic”!

Hey Ace, be careful about telling everyone how much wonga you got, coz you might just get a knock at the door or a brown envelope from Rachel Thieves.

It could be as early as tomorrow or even today !

Hey Freddie, I’m sure McVities still produce Gold bars, and the best thing is, if you’re starving, you can eat em !