The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Ooops - my LT just 'shorted' out!
Let me ask the shorting brigade one question:
What value would you attach to the SP if shorting never existed in this stock?
Considering GGP doesn't have an income / hasn't produced anything / has £30 mil in the bank / owns 30% of the big picture..........thus far.
>1% of GGP is being shorted - is this really responsible for where we are?
Z
Can I ask whether the availability (on loan - not in use) of stock attributed to 'shorting' this stock, is a problem?
We have 5.090.000.000 shares on issue and approx 50,000,000 on loan for this "dastardly deed".
That is
It's not difficult to find out these days with the aid of the internet:
https://canalrivertrust.org.uk/boating/licence-your-boat
Z
Next 'MRE size' competition:
I'm sticking with my Jan 2023 post:
"...We currently have 2.9Moz Ore reserve (OR). This, from the original 6.5MozAuEq.
I'm sticking my neck out and advocating between 8 - 9MozAuEq @ the NCM MRE(2) and/or the GGP MRE(3) stage.
I may be very optimistic because the purpose of the FS is to simply underscore (not increase) the original 6.5Moz figure, bulked out with lots of infill drilling results since the original GGP MRE(2) (supported by NCM).
Out of all of this, I am hoping for a 1.1Moz increase in the Ore Reserve - to 4Moz.approx.
Based on a conservative PoG @ $1800 / $640 aisc - when converted to GBP, approx £900 profit/oz at the "time of production".
4Moz OR / £900 per oz / 30% of the mine / 6Bn shares on issue: SP:20p. (At production).
[Bang in the middle of the 3 broker note valuations (18p - 23p)].
Of course this cannot take into account 'market sentiment' which may push the SP even higher..."
Pressure is building.
Z
Great ending to the week.
Have a chilled few days off .
Meanwhile here is a re-run of that classic film: Paterson Gold.
Featuring Shaun Day and Tom Palmer in a showdown over the future of Telfer...and goldfever. .
Joking aside - spend 15 minutes with a coffee - uninterrupted.
Study and maybe'pause' each page just to remind yourselves where all your money has gone/ is going.
"Do you feel lucky punk" I know I do.
https://inventum3d.com/c/greatlandgold/havieron
Z
Are the following PI - LTH big hitters (>10mil) still with us:
Coach777
SpyMaster25
DimVestor
Lostinspace69
Ramos
Spratt1982
John678
KNparker
Value seeker
OzAu
We know about Jerry and Paddy - god bless.
Then the bloomberg terminal holders:
Paul Spokes
Robert Muller
Anna Joliffe
etc etc.
(All VERY big hitters)
Let us know you're still out there guys?
Z
Hi Bamps, currently I have 'man - flu' and have retreated to bed to try and catch up with some sleep/ Surrounded by paracetamol and a small flask of brandy!
I thought I'd indulge in your video for some light entertainment but at minute 4:03 I thought about taking a complete strip of paracetamol and all of the brandy - to end it all!
Alas - for peeps like davei007, I refrained from doing that this time.
I'm sure you meant well though!!
Z
Https://www.ggpchat.co.uk/viewtopic.php?t=564
New boss in the (Hav) driving seat next Monday. Possibly had an off the record chat with SD and even 'Twiggy'. Tom Palmer hopefully signs off on the MRE(3), ready for publication in the next few weeks. Exciting times ahead. [One way or another].
I'm expecting annual final report today sometime:
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P00007YUF%5D3%5D0%5DE0WWE%24%24ALL
Z