Too much unresearched Hypothesising.25 Aug 2021 12:37
An over abundance of speculative , unsupported prognostication.
GGP was a tiddly AIM explorer , that thanks to GH and CB found a prospective Tier 1 gold and copper deposit. Thanks to a remarkable JV with Australias No 1 miner with a processing plant down the road , a hugely beneficial and amiable working relationship has been formed . That will continue until later this year when the ( initial ) size of that Tier 1 deposit, ( and some of the step out areas ) have been officially calculated , and then the next forward steps can be examined in respect of of the future of Havieron.
I believe it likely that GGP will sell the optional 5% to NCM, on which an FMV can then be calculated ( $$250 / $$500 M ?? ), and GGP will then be funded to continue apace with its 100% owned prospects.
I believe GGP will retain their 25% as a co miner with NCM and benefit from the revenue generated by this interest ( $$30 / $$50 / $$100 ?? ) as a co miner.
I believe that work will continue apace with Juri JV , and we will await hopefully similar spectacular results to Havieron ).......a year or two away in time. More Telfer ore feed. Havieron replicated.
I believe that GGP will find other Tier 1 treasures amongst their NCM / Telfer adjacent prospects , and their continuing relationship with NCM will grow ... massively/
I believe that GGP will find similar prospects in their other Oz regions and their futures are yet to be decided.
I believe GGP will either dispose of or joint venture develop their Tasmanian prospects ..... who knows ??
I believe that 5 to 10 years down the line, GGP and their NCM relationship will raise them to one of the globes biggest AU / CU producers , and make anyone who now holds GGP shares very , very much richer.
SD and his newly forming team are only at the start of a very exciting time and ( even more reassured by Jerry's supporting words ) I expect the future to be very , very successful.
And - OMG !!!! if POG rockets to ...$$ 2300....$$ 2500 ...$$3000
then I might just leave a few pennies to the grandchildren.
Tig ( on weed )