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@rugby1 - there are a lot of reasons why the SP is where it is. As a potential investor (again) I will give you my thoughts. It’s a big risk in my opinion. Too big for me at the moment. Currently the mining partner of GGP is trying to sell its stake of 70% of the Hav mine. Almost certainly at a higher price than they bought it. Good business from Newmont.So in reality GGP do not have a mining partner. There are no financial details as to how, or even if, GGP can finance the 70% itself. Even if it could GGP would either incur a huge debt or more likely a big equity issue. Probably both. There is the horror show that GGP might end up with 30% of a mine without the ability to physically extract the ore because nobody buys the 70% and GGP can’t finance it themselves. That’s my main concern. There are many issues around the processing plant Telfer. There are a lot of issues to be resolved and very major ones. Hence for me at the moment the risk is too high. In my opinion this is why the SP is where it is. Personally I’m looking to invest between £75k and £100k (again) but without a partner or robust financial plan, and listed on AIM, I’m out for the moment. DYOR etc, this is just my position.

Well said Samson. Trippytaka you are right that alas there are some that purposely deramp (and ramp) but the peanuts of trades by PIs particularly on a platform like AIM make naff all difference. However, there are some genuine PIs that use Boards such as these to help with their investment decisions. They have the right to read all opinions before spending their hard earned money. I hope ‘we’ do mine Hav and in 3-5 years are an established miner with other opportunities. I hope I have my 1.5m shares (that’s what I’ve traded in and out of a few times) again to enjoy the ride. There is a long way to go! If I do miss out good luck to those invested.

@trippytaker

Yes I did post that, but the risk at 7p was too high so I decided to wait. I’m glad I did. When I sold at 9.2 (it was about that) I said then I felt there was a big risk around Newmont and many complained back then.

A Board is supposed to allow discussion about a share, beit positive, negative or otherwise. Of course I’m personally happy that it’s dropping but even now I think the risk is too high. It’s an opinion. If Rio buy out GGP for 10p tomorrow I’ve lost out.

I see however that you haven’t denied that there are a lot of risks. ‘We’ don’t even have a mining partner anymore. If GGP want to own it 100% how on earth are they going to do that without a huge equity issue or a monstrous debt.

The gold is there, it looks like a great mine and the top of the ore body is not far off. Gold price going up all good news. But there are a lot of risks to be managed.

You lot need to learn to take a joke! I’ve no idea if GGP will even still be GGP in 12 months. There are more unknowns now than there were at the end of last year. On top of the 70% off load I presume GGP still have to pay back the £25m loan (I think it was about that). None of you can argue that there are a lot of issues to be resolved before it is likely the SP will stabilise. I’ll buy back in when things are a little more certain or it drops to 5p.

At least the SP and operational strategy are aligned. Down, down, deeper and down! 😩

About what? that GGP has no income. How am I wrong about that?

With no income? I don't think so.

@ Welsh Falcon

That's all well and good but it means nothing if we have a mine but nowhere to process the ore. Yet still to transport it etc etc. There are an awful lot of unknowns.

And if Telfer is too bigger risk that nobody wants it? Then what?

TomE have you got the green monster yet? At least we all talked you out of the BROWN interior!!

Wetwipe this board will never accept negativity, even when there is an argument for it. I’d just leave them to themselves. You’ll just be abused otherwise. Sad but true. I still hold shares here but there’s no point in engaging. It makes absolutely no difference anyway.

So nobody is allowed to say anything negative here? Is that the rule. Freedom of speech is not allowed. Then shut the whole Board.

You all understand that you have absolutely no influence on the SP yes?

Viking, you are a very strange person. I feel sorry for you. Maybe you should read my posts.

Bamps, not wishing to be shouted at again, a lot, but given my comments re the AGM and an obvious objective for a share raise, is that just a ‘fail safe’, in case NM pull out (which I doubt) or serious? In your opinion.

Ben, thank you. You are a gent. All I wanted was an honest opinion. I agree the FS and DTM are key but I’m pretty sure they wouldn’t go so far on the decline without a DTM roughly in place. The FS is still Q3 2024? It will be exciting for sure.

That is not an answer. We should be listed on ASX but that fell through. Paddy, do you still believe that SD will release an MRE without NM approval?

Why would SD release an MRE now? Simple question.

I’m still here and thinking it will drop. I can’t see an MRE this quarter. I might be wrong.

You obviously do because it was easy to wind you all up yesterday! This is a public board, everyone has a right to an opinion. If you don’t like someone’s opinion, tough. If the SP rockets well done to you all. If it falls back, well done me. I made a nice profit so I sold. As it appears are a lot of other people.