Member Info for Special666

Absolutley Woody, which is why I buy speculative stocks too rather than lifestyle ones. To name a few.... C4XD, IMM, SAT, Burford (now ridiculous), fevertree (now rediculous).

1.20 is on the cards.....a good day for all.

Mate, they've proved up nothing in 13 years of trading.....thats all the fundamentals you need to know. They've ramped up their own company multiple times over the years and each time theyve converted warrants and fleeced you guys. It's just really bad. People talking about 5,10,15p a share are the ones you need to watch not those that are pointing out basic facts. Good luck, You're going to need it. They're in no better position than they were in March 2017 where the so was 0.29-0.32 a share.

All looks positive to me. I think it's great that the company is self sustainable and brings large orders in. It gives credibility to their and our aspirations. All the makings of a unique investment opportunity.

The Mcap is derrived by the current sp x volume of issued shares - not the other way around. If the business has £4m of assets and nothing else then true worth of each of share is £4m divided by the 3bln shares - much lower than the current SP. This is where an mcap is important because it helps you calculate whether a business is over/under priced - it is not the actual value of the business and its assets like lots of people assume. Supply and demand pushes an SP and down......my point on a buyback was that lower a supply of shares would be better for you the P.I. instead the BOD have flooded the market for your cash - it's an enigma imo.

Well Yeah, 3bln shares in issue is significant chap....but it's okay as you've informed me that volume is irrelevant.

Gold Prices are drawing plaudits from the GGP board. The stars are starting to align. They're just missing that one minor thing....Gold. At least they've purchased a 3D printer with your cash.

If they give clear contract info on the $289m deal i.e benchmarks involved etc then the SP will continue rise. imo. Just watch this continue to go steadily over the next 12 months. This has the potential to be a life changer, keep buying while it's still very much under the Pi's radar.

And we're there. 1.00 broken! Next....1.20 which i'm sure will break on the update!GLA

Not too sure, probably to show what's in the current year financials, forecasts and strategic pipeline with estimated dates etc. All good investor relations. I have great expectations for the next few years.

Para, you think theres �300m in EG? based on x 4 hit and hope drills? it was a boarderline 2p with the sentiment of Newmont built in. Do you not think it's a bit fishy that there is in an NDA in place, thus giving you the investor no new information. Has anyone asked GH who asked who to sign the NDA?

Completely agree!

We'll break 1.00 again this week imo. Looking forward to learning more about the big deal and also what's in the pipeline.

You're right, it's normally done on earnings per share ratio's, actual resources discovered etc.....but you can't do that with GGP as they have neither. This is an overpriced lottery imo but good luck as you all seem pretty clued up.

Not at all, technically the business is only worth 4million (cash funds) divided by the 3bln shares. They have no investments/tangible assets. No machinery...its all sub-contracted out. They even have a virtual office rather than an actual place of work. This makes the m/cap overvalued by a considerable amount. This means the SP is mainly based on sentiment rather than value. In terms of the future: Newmont would not of walked away if there was a good amount of value in the ground. They could of just purchase the business if the was some sort director disagreement....as simple as that.

I'll just encourage anyone to understand how a market cap is calculated before using it as a benchmark....I'm not here to teach but all I'll say is that the share volume is an important factor in basic equation. I'll also point out that the current £16m/cap is extremely over valued on so many levels. Good luck though chaps.

Good luck to you guys, it sounds like you've got it all covered.

3bn shares in play.....it'll have to be some find with significant commercial value. Mind you it still need to be if 2bn shares were in play so you're probably correct Albinio.

The only way this will get a major bounce is if the B.O.D buyback some of the swamp of shares that are in issue. A £1m buyback will see some of the loyal Pi's who have averaged down over the years back in profit......instead they'll flutter it away because the investor is a meal ticket not a priority imo.

It's bounced hard off that .86 It was never in doubt, fantastic prospects!