Member Info for Sproutsdave

Maybe the price has dropped to torment us. GGP had loads of great news for months before the share price did much. Then all of a sudden whoosh!

Sitting on hands will be the hardest thing. Probably plenty of share price swings to come. Hopefully the share price rises steadily. I think it will take about 18 months to get to a very good price going off past experience with Greatland Gold.

A big milestone coming up today and just 12 posts so far. There is a population of 67million people in the UK and hardly anyone has noticed this share.

This bad boy share price is bouncing around a pound more frequently than a frequently used ball float in a lavatory cistern!

Only 6 posts today. Just adding one to help us get to the 1000 posts a day target in 18 months time!

Just bought a few hope it makes me a bit for me in the next few weeks.

Did you know that once upon a time 3 GGP shares at 33p each could buy you a bag of sprouts at 99p. Now 3 GGP shares at 16p each only buys a 48p cabbage.

Sorry it was a bit naughty putting the post on. It is just that I got absolutely shouted down last Christmas for showing lots of calculations showing the share price looked ahead of its self.

I don't understand what you mean Smugshot.

Did you know that in the time it took to harvest the last crop of brussel sprouts to the point of this years crop of sprouts being sown planted and growing to 30cm tall the Greatland gold share price halved.

Don't I get a mention. Quite a few posters were horrible to me too!

Yes I see what you mean.

Its gonna be awesome!

Monday is the shortest day but its going to feel like the longest day!

Ok thanks.
I will take it that I have found the right one.
Thanks Sprout.

Hi SpadesAspade
Is GDXJ company the same company as VanEck Vectors Junior Gold Miners ETF?

£5000 per oz. You cant just conjure up numbers like that.

From the figures provided I will calculate 100% of Havierons value.
Retail Values of 30% Havieron.
0.75g/t = $7 bn =$1.75 per share £1.31 (100% of Havieron would be £17.16 billion)
1g/t = $9.5bn = $2.35 or £1.76 (100% of Havieron would be £23.33 billion)
1.5g/t = $14.2 = $3.51 or £2.63 (100% of Havieron would be £34.86 billion)
Newcrests entire company is £12.2 billion pounds today on the stock market.
How can Havieron alone be worth more than Newcrest Mining company?

Ok. If the share holders eventually hold all the retail value of all the gold in Havieron at 1g p/t which would be £1.76 per share according to those figures. Where is the money coming from for company profit, repayment of the loan, cost of mining the gold, transport of ore, smelting the ore etc.

"We’re going to production so focus on the numbers towards the bottom, not the in ground figures."
Bottom of page is as follows:-
Retail Values of 30%
0.75g/t = $7 bn =$1.75 per share £1.31
1g/t = $9.5bn = $2.35 or £1.76
1.5g/t = $14.2 = $3.51 or £2.63
There you go!
You cannot put out share valuations on the retail value of gold in the ground.
It is valuing havierons share price at the retail value of all the gold in the ground at £1650 per oz.
Surely what I am saying makes sense. Its misleading people.
Is the gold going to magically appear out of the ground in ingots with no cost?