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Zoros......no deep sense of desperation on my part.
I do however have concerns as to ASX
v. exciting and promising unless the listing is all jumbled up with an institutions fund raise , dilution and SP consolidation. All I am asking GGP for is clarity so that investors understand the agenda.
@@@ a**echaser , I believe that I am intelligent enough , perceptive enough ,and educated enough, to decide for myself the values of the postings on this board , and how I should interpret them. I do not need anyone to teach me what to say. And I do not take any objection to adverse / contrary commenting from those whom I know to be my friends, of which ( I hope ??? ) and believe I have a fair number.
What I do absolutely not like and take total exception to are those who seem to want to translate and manipulate the views of others , or to tell me what I should think or say or how to say it . It is a free board , intended , albeit there are many who do not seem to understand so , for open and courteous debate , - and not for pathetic or aggressive abuse and poster shredding.
I will continue to make my points however repetive some may think it , and have no intention of leaving anything at the door. I think that I have much to contribute. And just to reassure , I have a lot of faith in what I believe to be an exceptional investment. But I still believe that the CEO of a company should make every effort to clearly inform his investors at every stage of progress , or planned future intentions.
Tig
@@@ Mapp -- I am encouraged to know that I have such a perceptive , appreciative , and enthusiastic supporter . It seems they get fewer by the day. My grateful thanks.
The board only appears mostly to grow with abusive , contribution shredders . A sad state of affairs on what should be courteous discussion and debate.
Tig
James p, You have your opinion and I have mine .
I am a significant shareholder and express my views to those that run my investment. I am neither frustrated , desperate , nervous or whatever. I have total faith in GGP . But I believe companies should keep the owners of their company fully updated and informed. If you do not give a toss , feel free to do so.
Tig
Dear Shaun,
I am a regular poster on the LSE Board , the founder of the Stag Gang , which gave birth to numerous other Gangs around the UK ( Stroud , Stirling etc, ), and a long term holder of GGP shares ( 9 ?? years ). Quite a unique arrangement in my 60 years of investment history. I therefore have a significant interest in GGP.
Like most shareholders I am in touch with ( quite a lot )and I have enormous faith in GGP as an almost unique exploration company , with massive potential , run by an excellent BOD , that is now nearing first ore , and the subsequent revenue.
But sadly , I have watched the SP decline from 39p three years ago, and recently flatlined around 7p for the last 2 years . This does not reflect the performance and progress of the company. I am aware that external influences on stock markets around the globe , the Pandemic , inflation, Ukraine etc have had some effect on the markets.
But GGP is now closing in on the top of the ore body , revised MRE and PFS are soon to be published , which I firmly believe will be stunning figures , and GGP will shortly be cross listing with ASX. This I believe to also be an exciting move , providing that it is not utilised to generate discounted fund raising with the institutions . The company has been very quiet on this , and I believe that it is an area on which you should inform your very loyal and longstanding shareholders what the intentions of GGP are . Very specifically on Dilution , discounted fund raising to the institutions, and share consolidation which if done at the same time does create something of a smokescreen.
I would therefore ask that you provide an immediate press release / RNS / Twitter to clarify the ASX cross listing . Both from the LSE Bulletin Board and my fellow shareholder friends , I am aware of considerable concern as to your intentions - and you do have a very large number and %age of retail investors in the UK. The fact that you have not so far denied an intended fundraise is seen by many that you intend one , and I and they feel that we are being hung out to dry.
I would sincerely ask that you respond in one form or another to keep your UK retail investors fully informed of your intended agenda . You owe it to them.
I look forward to your response.
Tig
I have also written to GGP . SD. and as a LTH , will expect a reply. My worst fear is that any discounted fund raising for the institutions all jumbled up with consolidation , will create a confusing smokescreen for many retail sh,s.
I have urged SDto issue a statement to SH,s to make it absolutely clear what the ASX agenda involves or does not involve. Otherwise we will get hung out to dry .
I urge all posters of a si.ilar mind to e.mail SD with their views.
Tig
..SD
...
Then with your depth of knowledge of the Oz / AIM markets , ShirkitMore , I would be pleased to have your guidance as to where the shares for two major Oz Institutions plus a sizeable OZ pi demand ( estimate at least 1 Billion shares ) are going to arrive from , cos there wont be many sellers at this end at 7p.
Tig
Welcome back home Ipad. I will have to fix a coffee with you soon. I guess you are all bronzed and recovered .
Nowt is happening , but we will have an MRE on 17th August ( I think ) that should move the SP north by 2p or 3p .
But much more SP moving will be the ASX listing in September ( don't know the exact date ) , when we migh see 15p , 18p , 20p , again, and you can then pay for your holiday and buy me lunch. Luv to the old girl.
Tig.
I have started going to church again Speediy where I am able to pray that you are right in your sermons. When we next meet I can pop two and sixpence into your collection box.
Wats happened to Ipad and Claire Bella. Very quiet of late.
Tig
i regret that, as i guess many posters on this bb do , that my knowledge of a brics / gold backed currency is a bit sp**** , and i can only guess at outcomes.
obviously it will put the cat amongst the us $ pidgeons , who are theoretically backed by gold , ( but paper gold for most of it.
the us is likely to go to war with brics.
will the brics currency be backed by hard gold ???
if so , then the rush into the hard gold market is going to explode ......i assume.
speedy - we need your perceptive brain applied to this problem.
since demand for hard gold already outstrips supply , and new sources of gold from exploration ( keep up the good work ggp ) are such that demand will never be met , then i assume that we ggp shareholders are sitting on the proverbial and actual goldmine.
the price of gold will , should , rocket . booooooom !!!!!!
whilst this may keep a relative few pi's smiling , there will probably be serious turmoil around the world markets and in world trade.
those with knowledge , please advise.
tig
Good on yer Rational A. Please add on and amend as you see fit and repost the list. Apart
from keeping the BB on track , it will save a lot of posters from asking the WHEN Where , How much , what , etc . etc questionsKeep it rolling .
Tig
@@@ Lebugue-Addick ..... A most excellent list LA. I trust you do not mind me reproducing it. It would als be useful both to keep a running list and updating / reposting with additional info / data , dates , info etc., etc. where applicable. Some of our more technical , on the ball posters could add this info , which I am sure will be appreciated by all as we are now getting closer and closer to some explosive RNS releases. Roll on GGP.
RE: Future Catalysts 21 Jun 2023 22:08
Updated list:
1. ASX listing
2. Feasibility study
3. Decision to mine
4. Updated MRE 11 August
5. More Reserves - these can be taken onto the balance sheet
6. Low AISC
7. Valuation of gold - Newcrest updated MRE 17 August 2022 used an economic assumption $1,300/oz for gold. It's now 50% higher but this is never mentioned by detractors.
8. First gold - Earning cash next year
9. Free cash flow 2025
10. If Newmont divest Telfer and 70% Haverion, and GGP buy them.
11. MRE of 2.9Moz @ 3.0g/t AuEq high-grade Reserve could lift to 9Moz according to Sprott on infill and roots - a little bit down track but within reach.
12. Again according to Sprott's April report, Reserve increases could support elevated 6-9Mtpa for long-life Tier 1 asset.
13. And again from Sprott: Potential 6Moz caveable material adds optionality above this - a little further down stream but nevertheless a massive catalyst.
14. Use of Telfer mill for Havieron (and further downstream the Rio JV ore from Patterson South)
15. The existing Greatland team and support partners should not be under-estimated. That's probably how they got the Rio JV off the ground.
16. Drilling at EG 2024.
17. JV strikes - Juri and/or Rio
18. Scallywag strikes
Keep adding to the list; just a few for starters.
I may have improperly assumed that most other posters on this board are not geologists and tecchies , but whilst I read the RNS update and am left in no doubt whatsoever that these and most previous drill results are stupendous , I am at a total loss to comprehend why the market does not respond. And I suspect most posters are in the same boat , despite the vast numbers of diagrams with crossed numbered drill lines on multicoloured backgrounds with g’s per t. appended.
Going back a year or two, Havieron arrived on the scene described as one of the globes largest Gold / Copper discoveries in the last 30 years , and in one of the richest mineral deposit areas ( The Paterson ), and in the safest of jurisdictions . Practically every drill result since then has demonstrated that Havieron has just about doubled ( trebled ??? ) in size ( depth , length and width ) with tremendous ore grades. Todays RNS just continues that pattern. Additionally GGP own other 100% prospects which indicate similar qualities to Hav.
So seemingly positive are Newcrest ( 70% ) and their JV partner GGP ( 30% ) that the decline has now penetrated 1700 metres and is fast approaching the main ore body. Extraction of ore less than a year away.
The price of gold is high , relatively stable , and likely to move higher. Copper , which is a significant content in Hav . has fast rising price in the market , with demand increasingly exceeding supply, and with the EV explosion likely to continue at pace.
I have neither heard of any negatives, nor know of any. Yet the SP shows not the slightest positive response to this or any previous news. I fail to understand why not. There is probably not a finer PM / base metal explorer / developing miner on the globe. And as well, one that has services much sought after by the mining giants. Name me one with a finer CV.
And what have we for an SP ??? But I do still have faith and will hang around a bit longer. What do you think Ipad ???
Tig
It is a normal requirement of a CEO and his BOD to build his companies SP just as it is to keep his shareholders up to date on all relevant info.
Posters on all boards should be free to express their views and to debate courteously , but not to be abusive..
Tig