RE: Xmas funds14 Nov 2024 16:56
Freddie, can I ask just what your expectations were & are for GGP, and how you intended to play this when you first invested.
If it as most have said, waiting until Havieron comes into production, then what’s a few delays, as you put it, got to do with it, as you keep saying “it will come good you just need patience:-))”. You are the one who seems to have no patience at all, and because of it constantly whingers 24/7 about it. As Warren Buffet famously said “The stock market is a device for transferring money from the impatient to the patient, Time is the friend of the wonderful business, and the enemy of the mediocre.” One clear and simple investment edge that anyone can choose to take advantage of is patience, or lack of it, depending on your circumstance.
Institution’s are finally getting the better of Pi’s lack of patience, but the Pi’s who are brave enough to see this through, will in the end benefit immensely, along with the institutions who are continuously hoovering up anything that Pi’s give up.
It’s only been five years since GGP’s HAD005 discovery hole was announced to the world. We are on the brink of becoming a fully fledged miner once this deal completes, which will then with the free cash flow from Telfer, unlock everything SD & the BOD’s have been striving for since taking over the hot seat from Gervaise & Callum.
2027 if all things go to plan, Havieron will come online, with a minimum 20 year mine life. That’ll be 8 years from discovery to opening of mine, and all you can do is constantly berate every little thing SD has done.
I know God made the world in 6 days, but just what were you expecting when it came to building and funding a Gold mine in the middle of nowhere ? There’s just no pleasing some folk is there Freddie. 🤦♂️🤦♂️🤦♂️