Member Info for zoros

That makes me a 49 bagger then!

Z

Thank you Shaun

Topslicer - you will have noticed that I have had all of your previous posts removed that abuse others on here. This will be the same and with luck I will persuade admin to have you removed this time. You need to know your place ......and it is not on this forum.

Z

96 - a bit concerned to be honest.

Trump is normally nuts but his last outburst about erasing a nation, worries me.

I think he might believe that if America can get away with a clinically placed nuke on Hiroshima - why not try again over Tehran!

Iran has really annoyed him he is fuming.

I think the market will dip tomoz.

Z

Elcob - forgot to mention......regarding your planning:

Build into your maths how much you might need if you go into a care/nursing home! @£70k / year it will gobble up your savings!

Prepare (financially) to bypass the NHS and go private due to totally out of control waiting times. A new hip: 3 years, heart op: 18 months+ and so it goes on.

Divorce - ooh la la!!

Z

Elcob - if you will permit me to offer some pointers. But obviously each has their own agenda and I have no wish to insult those who have their sh*t in order..

The big kicker on the horizon is without a doubt is pensions - DC pensions and SIPP's will come under the IHT umbrella as of this time next year. This is one big knee in the proverbial because you get taxed on all crystalised drawdown and you get taxed again when you die (unless you bequeath it to your legal partner. So it's either (20% and 40%)60% or (40% and 40%)80% tax!!!!

The other elephant in the room for many here in GGP - again......IHT!!!

For quite a considerable number of people, their home valuation can be quite considerable. If you live in London (as I do occasionally), dependant on post code - a two bedroom apartment is easily £1m+.

Anything that takes your estate: house, savings, pensions, investments, etc - over £500k for single persons and £1m for married persons, will be captured @ 40% with a tax bill.

EG: House costs say: £750k, savings say £100k, valued items (paintings/cars/wine/ blah blah (that has been declared), DC pension / SIPP........all added up gives you a figure of let's say (theoretically): £1.5m. You are staring at a tax bill of £200k for a married couple for starters. And if you are single: £400k.

(And if that isn't an incentive to marry (or civil partnership) your partner - I don't know what is!!). IHT is only payable on the death of the last remaining partner.

There are ways and means to mitigate IHT, one of the more efficient is via a 'PET' but this takes time (7 years to be exact). There are smaller mitigations but they pale into insignificance by comparison or require trusts/variations to wills.

1. IHT. Suffice to say, 'most' people need serious financial and tax advice to mitigate their tax position. And this advice isn't cheap (but essential).

DON't leave it too late or your kids will lose every penny you have to hand over to HMRC!

2. SIPP / DC pensions - again, the tax man cometh - get advice.

[All the above relates to UK only].

Z

Elcob - how long is a piece of string?

What is the definition of 'moderate'?

For instance, if one earned £1m/yr in corporate and then retired, I would say moderate is around £3-400k/yr

If one earned £30k/yr, moderate is around £15k.

You're going to get a hundred different definitions.............................standby

Z

Of the advertised amount GGP is declaring, only about 78% is recoverable.

It's sold as APT (Ammonium Paratungstate). From this and to get pure tungsten you're looking at a further reduction of approx 80%.

Average it out currently at GBP £200/kg.

Do the maths

Z

Tug - I would say yes, but many ducks need to line up and you're looking at 2030+, I would reckon.

Z

Firstly, while I remember - thanks TT for all your studious research over the years - goes a long way to filling in the pieces. A true LTH.

Well "It's not over until the dimensionally challenged lady sings" (in woke land).

Round two - What's inbound:

Broker notes:

Argonaut: 906p.

Ords: 995p.

Citigroup:816p. (Jan 2026).

RBC: 816p.

Upcoming news in the next 11 working weeks:

04/26. March 2026 Quarterly Activities Report.

FY26(to June 2026). Havieron Environmental Approvals (EA) expected (EPBC and EP Act).

Q2/26 Telfer Ore JORC Reserve estimate. Havieron and Telfer LOM plans to be integrated.

Q2/26 PFS for Telfer WDU to include processing optimisation with Hav ore.

Q2/26 FID and Definitive Development Schedule (DDS) for Hav.

Speaking of record high's, I’ll stick my head above the parapet and suggest a SP of 900p - 925p by end of Q2/26.

[notwithstanding the Melon Mullah (Trump) and his megalomaniac tendencies of course].

Z

Martin - check out my post:

8th April 17:36. Tells you what happens in reality.

PS: If £1 or £2 was true. some on here would receive £millions in that special divi!!!

Z

Hi SAS, I've learned that brits don't take too kindly about advertising ones wealth - so I'll keep numbers out of it.

I, like you, am at that stage in life where I need to think about when to step off the rollercoaster.

Been at it for several decades and on the whole have made a decent pile - all of which pales into insignifigance compared to what's happening for me at GGP.

I'll pull the handle on my S and S in toto, when Hav goes live. My SIPP will stay the distance now that pensions come under IHT as well (post April 2027). No escape there then! (Rachel Reeves I hate you!).

My kids, grandkids and HMRC are all sorted now.

Good luck to you SAS by the way.

Z

Dividends in gold miners are normally lower than the diversified mining sector (iron ore etc). We normally see between 0.5 - 2%, maybe a little bit more.

Occasionally a profit fat miner (can't think of one at the mo ;)) might offer a 'special divi' due to its financial predicament, possibly even up to 5% but this is rare. A divi stems from yields and profits and income but for the below example let's keep it simple.

Suffice to say a divi is usually only issued when there is "sustained income" or FCF (free cash flow).

Well GGP has this already (from Telfer) but because the BoD can't guarantee sustained income just yet, they will probably hold off until Hav comes online in H1/29. Having said that, income is doing very well at the mo', thank you so SD may issue a special divi well before that - we shall find out idc.

So let's look at an example: GGP issues a divi @ 2%.

@ todays price of say 750p, that is 15p per share divi. (So for the shareholder, simply multiply this by your number of shares and there you have your divi for that year.

From a GGP perspective, they have approx 650m shares currently. So 15p/share costs them approx £100m/year. This (for them and especially the markets) is the kicker - a divi is normally expected year on year looking fwd. So everyone expects GGP to give away £100m/year ad infinitum.

As one knows - a reduction in a divi or worse still - stopping a divi often shows a company may be in distress, so from GGP's perspective it is imperative they can afford a "sustained" annual payout of (in this example above) £100m. Hence the company must be stable wrt FCF.

So all being well at 2% and at todays SP, a divi would be 15p/share and for every 10,000 shares one owns, they get £1500 (taxed or ISA tax free).

IMHumbleO - I would be pleasantly surprised if SD offers a divi (a) before 2027 and (b) >2%.

(We have the development phase for Hav @ est: £575m, shortly followed by the expansion phase: £265m to get through first).

Z

"...how much would it cost..."

You meant to say: how much DID it cost, in that case.

Z

Badinvestor,

Which bit of this did you not understand:

".....Telfer is not currently impacted by diesel supply disruptions with fuel supplied directly by a global oil major on a long-term contact via Port Hedland.

· Telfer's processing plant power is generated onsite by natural gas that is delivered via the Pilbara Pipeline System ex Port Hedland, from Western Australian natural gas production. Telfer's underground operation utilises an electric shaft hoist, reducing diesel intensity of Greatland's highest-grade ore sources...."

Z

I'm going for 1% - 2% dividend sometime in 2027

Z

You sure?

Z

MH01 - how would you know what 'nine' or whoever it is - says - you filtered him ages ago, no?

Z

Crikey, that's a first - the whole page of posts in green. Who let the dogs out?

Z

Filtered

Isn't it funny how a keyboard warrior becomes emboldened. Would even half of this negative 'banter' happen face to face in the pub?

Goes to show what individuals are really like when anonymity prevails.

Here we are touching the underside of £7 and there are those amongst us who wish us harm, metaphysically speaking.

What gets into peeps to promote this negative feeling?

For many LTH's we are enjoying the early days of massive rewards, yet even for latecomers (especially since christmas) there is so much meat on the bone that they too will reap huge rewards. We are all shareholders in a unique event - enjoy it for what it is and while you can.

You are here because you have invested your hard earned money and finally you have literally struck gold. GGP is indeed a once in a lifetime event.

For LTH's - our patience is/has paid off. For newbies, you're perfectly placed.

Is there a chance therefore that we all share the current euphoria by showing what we would be like in the pub, in person, having been told we're all "in the money".

A little magnanimity goes a long way.

Hello £7.

Z