Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hi MH01. Not sure that stating todays FMV is circa £1.5bill as ramping. I feel that is well inside the low/ high range. ATB Speedy
Hi All. My "stab in the dark" fair value of £1.5bill is for today. When DTM FS and new drill results come in the FMV will obviously increase. This is why i think Newmont will strike early, they are fully aware of the "potential". This is for Hav only. If an offer is forthcoming i am 100% confident that SD will seek to maximize the offer due to the "potential". ATB Speedy
Hi Matty. Good question. Somewhere around £1.5billon is fair value today. Would Newmont pay that much? 20mill ozs at $1400/oz profit says yes. ATB Speedy
Hi Summit. Baby and bath water spring to mind. 2008 saw a high of $1k/oz with a 3.5% gain on the year. JPM took over Bear Stearns and shorted the market. Look where we are now. The POG has doubled since then and is still in an unloved place. When the market starts to love gold the rise will surprise most folks. ATB Speedy
Hi All. When the market wakes up and realizes that things are not good with the world, the shift into real assets will see the miners wake from their slumber and out perform all other assets. The miners have been in a massive bear market for a decade or more, so starting from a very low point will make the rise even more dramatic.
Finance for exploration is almost non existent and the majors need new supply, this will lead to a surge in M and A. It is likely that Newmont will want all of Hav and will have to pay fair value. The sale will enable GGP to take advantage of the cash injection and use it to go alone if one of our many other sites hits big. Just imagine if EG ends up as Hav 2 and GGP takes it to production with no debt. Gives me a nice warm feeling. ATB Speedy
Hi all. The content of the interview is exciting in the extreme. I would like to have heard a more exciting and upbeat interview to reflect that.
I am always on the sauce SAS. ATB Speedy
Hi all. Some good info in there but mind numbingly boring. Had to force myself to listen to the monotone. Need someone to light a fire under SD and the interviewer. We are about to enter the most exciting period for our Co and that needs a fanfare.
Every interview i listen to (not just GGP) is talking about the coming gold bull. Once the general investing world get the idea that gold is good, it will send shock waves through establishment and they will know the game is up. ATB Speedy
Hi All. Just back from a 10 day hike in Cumbria celebrating Mrs Speedys 70th.
2024 looks like it will be our year. Massive bull run coming in commodities will do wonder for our SP. Link that with a good dose of news from our partners and exploration team and all bets are off. 10p by Friday? nah, 50p by Christmas. ATB Speedy
Hi Mattyboy. Lets put this "low ball offer" to bed for good. GGP is in an excellent position with finance in place and production starting soon at a very good margin. Offers will have to take into consideration that it will not be a fire sale and will have to offer a massive premium. We will not be sold at a low valuation, if at all. SD has on many occasions stated that Hav is a great platform for further expansion and, i for one, will not accept an offer that does not reflect true value. ATB Speedy
Hi Doublehun. Anyone can make an offer as low as they want, it will be firmly rejected. Hold for gold. ATB Speedy
Hi All. Here is my view on the state of play. Gold is entering a massive bull run that will go down in history as one of the greatest wealth transfers ever. The big boys and the smart money folk know this and will do all they can to maximize that transfer. With great discoveries of gold becoming rarer, Cos like GGP are wanted and the rules are being bent to facilitate a low entry point for the smart money.
It is up to you to make your mind up as to which group you want to be in, the losers or the winners. The losers will be shook out and the winners will hold for gold (copper, silver, cobalt, lithium, nickle,Etc, Etc) ATB Speedy
Hi All. Please be kind and welcome watcher back. He infested GGP yesterday and we need him/her/it gone. It is bad enough dealing with the rampers and knockers let alone the flat Earthers.
Still holding for my 1p. ATB Speedy
Hi All. Really great post by LA over on GGP chat. ATB Speedy
Hi Blue Toff. Lead pipe, library, Colonel Mustard. ATB Speedy
Hi All. All the digital coins are falling along with most world stock exchanges. UK gilts and USA treasuries are the one of the gains. ATB Speedy
Hi All. All my watch list of stocks (not invested) is a blanket of red along with the few stocks i am invested in. Gold is finding it hard to break out above ATHs. Not sure what to make of it but it does feel like something is about to give, in a very big way. ATB Speedy
Hi Tig. Come on now, you were never 17. Your friend. Speedy
Hi All. The SP is struggling to pass 10p and hold. We all know where this is going, just needs a little more time. ATB Speedy
Hi All. My bet is on "open at depth" ATB Speedy
Hi All. This shorting debate is getting a bit long in the tooth. To say "shorting should be banned" is flawed, may as well say "longing should be banned" to prevent over valuation. GGP are a non income explorer and were over valued at 38p so the professional traders profited from that position. Now we are approaching production the SP is undervalued and the professional traders will profit from that position. It is called the market. Most here are not professional traders and class themselves as investors and are holding for greater profits. Therefore, what ever happens to the SP over the short to med term is totally irrelevant. Happy new year all. Speedy