Member Info for zoros

And to think, just 3 years ago, GGP had a dream, three main players and $4m in the bank.

Z

I'm tempted to suggest the way forward - but there aren't enough (jigsaw) pieces available just yet.

Those that we do have, however:

1. Financials: $220m on standby from Banks. $120m from Wyloo.

2. Personnel: Premier league BoD's.

3. Support: Wyloo (FMR).

4. Partnerships: Newcrest. Rio Tinto.

5. Infrastructure: Telfer. Havieron.

6. Real Estate: Hav / Juri / Scally / Rudall & Canning / Ernest Giles / Bromus / Blackhills /

Paterson South.

7. Listings: ASX / AiM.

We're onto you Shaun Day ;) ..............................

Z

Hi Panama - yes I think you're bang on....SD is knee deep in future planning for GGP on a strategic level.

We have one of the most professional BoD's in the sector, the recent reaffirming the bank loan; The ASX is primed, Farm in with RIO, FDR is joining the local land grab later this year. I bet he gets involved with them too.

Paterson South is brimming with activity and GGP is co-partner of one of the biggest chunks of land in this area.

On top of this - I firmly believe SD has been in talks (initially) with Newcrest and now Newmont about Telfer and Hav.

Slap me in the face with a kipper, skipper - but this is the making of a major if ever I saw one.

Hang onto the coat tails of our MD and the journey will be an adventure to say the least. Exciting - yes, lucrative - yes.

It all starts with Hav, but watch what happens as GGP explores what might be the next biggest gold rush area since 1855.

He has managed to persuade the best to invest.......bankers, investors, majors and management have all come onboard.

What has he told them that makes the future a no-brainer?

It's not what SD is telling us - it's what he isn't telling us.

Z

DG1Investor - a very big thank you for going to the trouble of sharing this with us. You have gone the extra mile and I, for one, very much appreciate you "clearing the air".

I very much support a webinar with the BoD representative going fwd.

Best wishes to you.

Z

Peace and Family be with you - Archways.

Z

AgArCu- concur with everything you’ve said.

Glad someone has a grip.

Sharketmare - wish I had the balls to pull the handle but I’ll leave it a little longer until the dust settles.

An interesting catalyst for the terminal decline of Solg will be when Newmont arrives and makes a decision to bail from Solg in Ecuador.

God help us all of the environmentalist’s take over in august. Game over I guess.

Needalife- you need to stick to your word and leave this forum. If you choose to stay then either don’t respond or hit the green button.

Z

This is totally fecked up forum- caused and destroyed by two or three imbeciles who simply can’t control themselves.

Thanks for ruining it for everyone guys.

Z

Madpunter - you’re in Cloud cuckoo land

Prepare for months ( if not years) of nothing happening

Z

Colonel Drake - when are you going to smell the coffee?

The bottom line here is that the current political disquiet will cost us months, probably years of delays moving Casacabel forward. This is best case.

Worst case: The “Conaie “ will disrupt future mining for years to come, chinese presence or not!

https://www.bnamericas.com/en/interviews/its-worth-betting-on-ecuador-mining-despite-the-uncertainty-and-risks

This link is before Lasso threw all his toys out of his pram yesterday.

We’re now stuffed for an indeterminate length of time before we even get our mining approvals never mind starting construction.

I’m guessing 90 days of turbulence before a new coalition party who then governs until 2025 and then a leftist environmentalist party for a further 4 years. Maybe, just maybe the new installed government (post 2025) will allow existing miners to continue to develop.

“If Solg was a lager it would possibly be the worst lager in the world”.

Z

Dear dear, peeps frothing at the mouth over yesterdays news… what a kerfuffle, eh.

GGP needs more cash to cater for the imminent rise in capex for Hav.

Secondly, if as is suggested, NEM wish to jettison Telfer ( and or Hav), then GGP needs more equity to counter other bids from other interested parties who are encircling the buyout.

Thirdly, if Wyloo are about to step in and buy the shop then GGP needs to make sure they are worthy partners and can keep up. One of the above is probably the way forward and SD knows he needs more cash - the end.

The fact that all of this has ‘slipped out’ early, means SD now has some damage limitation to do for his PI’s.

Starbright ( who has been here, on and off for years) tends to be that little bit closer to how these things work and James always makes sense ;).

Stay calm and carry on. Service will resume shortly.

Z

Of consolidation requires say 10:1, then our shares are going to be worth approx 85p at todays price.

How does that tire in with “20 cents”?

Z

You’re going to love this then:

https://ggpchat.co.uk/viewtopic.php?t=717&sid=2b0c56b444562663405d534c36a077c0

Z

Needalife - are you a man of your word?

If so - mean it when you say you are leaving this platform for good - perleeeze.

Z

And before I sign off- let’s not forget that GGP only own 30% of that 5.5Moz. Solg owns the lot- lock stock and barrel.
Z

GGP wins hands down in three major areas however:
Jurisdiction.
Management.
Funding.

Which is why I’m ‘heavily invested’ here too ;)

Sleep well, Sir.
Z

Solg “raced to” 80p on sentiment on its first Jorc remember?
Once both companies settled down they reflected a truer picture, don’t you think.
Going to have to get up a lot earlier than that……..
Z

The SP (GGP valuation) can only base itself on what has been reported, Red.
5.5MozAu………
Z

"....but can’t see anything in SOLG for it to sustain decent double figures on SP when our story cries out for at least mid-teens..."

Maybe this has something to do with the disparity between valuations Redirons:
GGP: 5.5MozAu / 218ktCu.
Solg: 26.7MozAu / 12.6MtCu.
Z

Absolutely Quady. If Solg delist then..... bingo.......sold to the man with the dragon!
No western company is going to invest in a tin pot country undergoing more political turmoil for the foreseeable future, in the middle of a global downturn.
What's the conversion rate for 40p?
Z

Don't forget - the ASX listing and consolidation.
https://www.youtube.com/watch?v=ykVrZ2YXiIE. 53:45mins.....
Good.....or....bad?
Z