RE: GGP requires a long mine life to gain higher P/E multiple13 Feb 2026 21:47
Hi Jerry. Thanks for the effort and reply. I will take an SP of £45 all day long. It does seem a tad extreme but totally doable.
What folks have to understand is that with that scenario the purchasing power of that £45 will not be as today.
With gold at 10k/oz we have to look at why is it that price. Inflation means no profit. Demand means real gains. If 1pc of global funds switch into physical gold it is equal to about 10yrs of mine supply or the POG much higher