Do you really think your tactics are going to work here now. Not a chance, we’ve all seen & heard it all a million times before and got the T-shirt.
Whatever, who cares what you think anyway, you’ll be gone, if not tomorrow then definitely on Monday.
And just for your information, I’m still very much in profit by investing on AIM.
Obviously you mustn’t be the sharpest tool in the box when it came down to your investment prowess, but hey, you knew that already didn’t you, you clown
🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
Hey Mucus, after reading some of your back catalogue, I think the likes of Lennigas & Sanderson have done a right job on you.
I take it you lost the lot, but it doesn’t mean you have to lose the plot either.
Grow up ffs !
Has anyone ever seen Shaun and TomE in the same room at the same time ?
Nope, and that’s because Shaun strives one day to own an Aston Martin, and doesn’t want to be outdone by Tom who has owned at least a couple.
One day Shaun, One day !
You can’t half tell Freddie’s on his sabbatical !
“Say no more, dya know what I mean”, Ace, I think you’ll find, that the correct amount of wink’s were used, nudge nudge. 😂😂😂
https://youtu.be/ona-RhLfRfc?si=Lao2iwW1WGEnqd47
I see GOLD is on a bit of a run again this afternoon, reaching $2060.
Looks like $2000 per oz minimum, is here to stay for the foreseeable, which is great news for anyone entering the market for the first time to sell their produce.
Does anybody know of any such company, nudge nudge, wink wink !
MH01, your statement regarding Canada being over explored, couldn’t be further from the truth if you’d tried.
According to Pierre Lassonde in his recent interview, he said that only around 2% of Canada had been explored due to vast areas of the country not being accessible.
Anyone thinking GGP will be taken out before production, needs to give their head a wobble.
I’m not saying the BOD’s wont eventually recommend a sale of Havieron, but as Newmont once said “Not at this time”.
Shaun hasn’t built this very experienced team around him, to just sit and twiddle their thumbs. He has plans afoot that we are not party to at present.
But the main reason I think we won’t sell anytime soon, is because valuations of juniors are probably at all time lows, and we are certainly not a distressed seller.
In time, maybe when juniors are valued more favourably, Shaun just might decide to recommend that “eye watering amount” he famously said, but not now, not at these ridiculous valuations.
What’s the rush anyway ?
Acechasher, or better known to his mates as Goldilocks, coz he can’t even manage three beer’s.
The old one’s are the best, eh ace 👍
Tig, I’m almost certain SD said 7900 oz pvm, for over 1 km deep, along with a mine that will be worked for decades to come.
We are within 420 mtr’s of reaching the orebody, which sort of reminds me, that it’s like being on the last lap of a marathon, whereby everyone will be clambering for seats to see the grand finale.
It’s time ladies & gentlemen to purchase those tickets now, whilst they are still at a discount, because you know by the time we are about to cross the winning line, the corporate supporters will already be in their boxes, eating prawn sandwiches & quaffing champagne.
We may not get an invite into their corporate boxes, but we can’t half get a much better seat by buying early.
7.45p per ticket, absolute bargain !
MH01, I did say less taxes, atbf, I don’t think we’ll be paying too much tax in the early years as losses and loans will be offset against any taxes due.
Tig, further to your post this morning, I think your calculations are slightly flawed.
If you take all 5.1B shares into consideration, and divide that by our current market cap of £372.3M, we are currently being valued at £147.74p per ounce for our 30% share of the 8.4M ounces declared in the latest MRE Document.
That’s why I continue to hold, because like you say, once that gold has been mined and brought to surface & processed, the value of it rises significantly.
So let’s assume the current value of Gold stays around the $2000 oz mark, and the AISC goes to $800 per oz, then that leaves $1200 oz gross profit, less of course, the tolling charge at 10%.
Now my interpretation of how the tolling charge is arrived at, is it’ll be 10% of the AISC, not 10% of the POG, so around $80’s per produced oz.
So price to GGP should stand at around $880, thus leaving a decent profit of around $1120/£875 per oz.
So there is a six fold difference in what it is at today’s prices, not accounting for any taxes etc.
But the question you’ve got to ask yourself is, What happens if Havieron does prove in time to be greater than 20M oz’s, and what happens if the POG goes on a bit of a run. That’ll certainly put the cat amongst the pigeons.
Here’s hoping very much, you are still with us to see the benefits of your investment. ATB
MH01, I’m not ramping and I’m certainly not getting flustered !
A couple of things in your last post I do agree with, firstly the AISC, nobody knows except the ones holding the purse strings, what that might end up being. And secondly, the date that we actually start to get the all important Gold/Copper out of the ground.
All that said, and comparing what we do know of other producing mines of similar size, what I’m pointing out is the 99.9% probability that we should get a very positive re-rate, unless of course, the AISC has totally run away with itself, but somehow, I just don’t see anything to say that has happened.
Yes costs like work force wages have probably risen 10%, while other things like fuel are now back to around what they had planned for at $75-80 a barrel.
In all my posts, I’ve always stated “Patience” is the key. I’ve never ever once said the SP will be X next week, next month or year.
But I do believe anyone holding, will reap the benefits of maintaining their position of holding GGP shares. Even more so at this low level. Upside definitely outweighs downside, don’t you agree ?
Even a Blind man on a galloping horse can see that once producing, GGP will be selling it wares at around A$3000 worse case scenario, thus leading to a re-rate in our SP.
Can I ask why your still holding when all you seem to be doing is painting a bleak outcome. What’s changed from your £1 tomorrow prediction in 2020 ?
Aquakidd, who gives a flying f**k about the shorters, I don’t. They’ll be long gone before GGP start to produce. The only who’ll be showing an interest in them, are the traders here. It’s them that the traders are doing battle with, not the LT investor’s.
MH01, it’s interesting what you say about how much per A$ companies are hedging for. In your example A$3400 per Oz.
Currently our Market cap of £378M is only valuing our 30% share of Gold in the ground at £153 or A$295 per Oz.
Can’t you see the massive disparity between those two figures, and that’s why I along with others think the future looks very Rosy for GGP.
Do the maths !
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.