George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
There is no need for either on this bb, it is about GGP, it’s plans, its execution and its hopefully bountiful returns for investors.
GLA Investors - TFG
Asking for a friend.
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Friday night and the joke dstrat is back.
Why is it that on bb where people might own shares (NEX for example) they kick back hard on posters and then decide they can and should go on other bb’s and act in the manner they evidently despise.
Common sense is needed - you seem to lack it, ah well there’s still time to get educated
GLA Investors - TFG
Hi, seemed to be an error. Was up there for an hour or so but reverted I think back to the close price or it was some elaborate spoof. Either way can never be counted that the share prices reached $30.
However, hopefully it will soon due to Hav and GGP goes ip in tandem.
GLA Investors - TFG
As the previous statement will no doubt be proved as well.
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Whatever merc, as you posted to JohnZ, so you’re checking in for the GGP fall, hats off to you sir.
At least Arnold was brave enough to post it on this bb although I doubt he had any appetite to invest in his guess
GLA Investors - TFG
What have i missed: Nothing
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Thanks for checking in, most gracious.
I believe we had a decent RNS.
More importantly did we hit 18p - No
Less importantly for this bb did OMI hit 40p - No
Vorsprung Durch Technik
GLA Investors - TFG
Alarm bells because a new CEO who has been in the position for 2/3 weeks, hasn't piled in and bought shares
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Agree Jaguar - odd
Perhaps it’s a trigger in the world of DYOR that in combination or even solely might justify someone’s decision to sell. Of course, the act or thought of acting is played out on the bb.
Conversely, a director buy has proven to be the trigger even solely for folk to buy or add, people even post their trade in this event.
It’s ebb and flow and very difficult if not impossible to establish and understand motive, hence the contradiction in views and spats. Acceptable, in my opinion, for reasonably frequent posters to argue but total nonsense for the one post wonders.
I’m holding tight for operational progress whether SD decides to buy or not.
GLA Investors - TFG
We generally know the work plan but great to see a significant part of it re-iterated and becoming real through the formal RNS channel.
SD taking on the mantle of being excited - only thing missing was a weave in of the word ‘shareholder’ somewhere in the RNS and he would have got even more kudos.
Good to see GH have more freedom to express opinion and updates via tweets.
Hopefully the sp starts to recover given GDXJ buy in of 27p and broker note of 33p as recovery targets notwithstanding the trader herd technicals. Takeover theories can also take more of a backseat with Juri-JV joint meetings in session - never say never, but I think the imminent risk has reduced somewhat.
The future looks bright but in fact it has continued to be all through this recent dip for many including myself.
GLA Investors - TFG
4. The Enthusiasts. The invested who don’t trade and post occasionally, keen to understand or assist. Or are keen to ensure good order and respect as the basis for shared progress. Don’t always offer mining or financially based expertise (me)
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Good list, I’d put myself at 4 and suspect quite a few would.
GLA Investors - TFG
Merc: a diverse portfolio is a commendable thing. However, talking down a share you own or may have just sold seems very poor form. Your OMi post has been pointed out and does your credibility some severe harm.
GLA Investors- TFG
Totally agree Dodge.
Merc - 18p - you and JohnZ ?? Whatever.
@silotar - there are 52 weeks in a year, you have a valid question and in a low volatility, no news, low volume week GGP sp has operated in a reasonably stable way. Whether that is a push and pull between PI and II or just a very benign week it makes little difference. Hav has made this a FTSE 350 candidate and many weeks like this are to be celebrated depending on your entry point and your outlook on holding period. I’m perfectly happy with this week.
If Scally results are and can be held for other news or whatever, they might be encouraging or damn right brilliant, I welcome many more weeks like this.
The WSBN comparison is nonsense - GGP has left that group.
The best bit of news to be banked for the whole week is the new tenement application.
All imho.
GLA Investors- TFG
is), there is no reason not to dump everything else into shares such as GGP
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@johnz is that your investing or trading opinion ? Do you advocate doing this now or perhaps if GGP got to 18p ?
Entry points are vital and perhaps opinions count....
GLA LTHs- TFG
Vorsprung durch Technik
I might just buy copper on the open market!
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Hi-ho, no need, bring your van round to mine. I’ll give you the first pipe for free and after that you’ll have to go to the Bank of Ireland cash point to buy the rest - just upgraded my plumbing to gold recently but still appreciate the value of copper.
GLA genuine investors - TFG
TimeForGold - it's on OMI, predicting a slide to 18p.
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Thanks, yes I saw it. Absolutely no need for it. Of course have a diverse portfolio, have multiple ways of accessing the market but to talk down you own investment seems a bit bizarre. Perhaps it’s bending the truth to the limit on holding and success or just fully hedged or whatever but rather odd indeed, especially saying ‘will’ not might or could - and presuming that SW the next news, probable not not necessarily.
GLA positive LTHs - TFG
Ps. I love my Audi - just so reliable
Does not help when you got supposed GGP investors deramping the share on other BBs
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@dutch15 Agree not helpful at all, where are you seeing it ? just inquisitive....
I wonder do day traders print shorts if the price is dropping ? What would a day trader do today assuming they had no position at the start of the day:
Open 23p
Current sp to sell 22p
So how does a day trader make money on GGP by close ?
I think it might be a dumb question but should be an easy answer.....?
I get a small uptick, but low and sell by close.
Thanks - TFG
Hi-ho
I think we’ll be lucky.
GLA investors - TFG
22p if your lucky
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Hi-ho
Whatever !
GLA actual GGP Holders- TFG
When’s the next news ?
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Hi-ho
When the next RNS is released.
GLA Holders of GGP - TFG
Fantastic that CB and the small team at Greatland continue to assess the region and use their expertise to identify targets. Whilst Hav continues its path to production and preparations continue to exercise the Juri-JV both with NCM, great to see the independence and bandwidth to continue on other tracks, just as GH commented on.
GLA LTHS- TFG
Why would NCM pause their buying?
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I'm not convinced it is NCM, but if it were, they would only have certain leeway before they had to inform their own shareholders. Of course CEO and CFO have some authorisation to manage the capital but buying GGP shares is still a risk. Also, NCM agreed over 100mm spend at Hav if I recall, so would be a lot going on if they are spending on top to acquire shares - but of course that does happen in the market if they really want to takeover.
I maintain, if it is NCM, then their ability to demonstrate significant purchases at 22-26p range heightens the risk of a low ball offer which is not in my interest and I expect most on this board. Imagine if you had to follow the next 5+ year journey of Hav reading NCM website always thinking you got short changed. Of course, some would not look back and chase the proverbial rainbow. SD needs to back up his initial interview, I think he will.
I had another small top up today at 21p - hope it is close to the bottom.
Thanks Bamps for the Scally info. all of the Bamptastic results, potential to hit further significant finds and increasing size of Hav are not forgotten during the no news downward (short term) trend. The daily volume is increasing as the drop gets worse, so there are folk leaving - however, not a 200mm fire sale day that would be disconcerting if the price fell at the same time - all still good.
GLA investors - TFG
This is a bit of medium to long term holders diverging in their views. IMHO this is purely because of a no news dip and nothing to do with market, pog or anything. There is no volume taking this directionally lower just trading.
There is a 2021 plan that GGP board, including or despite SD, must deliver. Anything less than 100p in 2022+ would be a travesty and anything attempting to be decided this year would be a travesty. Just put 23p in the 2016-17 bracket and sit tight from there.
Too many folk seem resigned to giving this away - hands on bum and be ready to use the voting power of every single share of 3.8bn to resist any low ball offer if it comes about.
GLA LTH - TFG