Member Info for zoros

doddy - you're obviously new here. A tip for you, 007 is a troll. You hvae been warned.
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don't shout ;)
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It's still not too late to make a new years' resolution:
Try this one:
Bubble promises to work hard at making one (just one, don't want you stressing out, now) constructive and pertinent post on the Solg bb in 2022.

Please give it a go.....for all our sakes.
ffs.
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Red - why on god's earth would anyone bid for a company before the bare essentials are laid out in public? How would they calibrate their offer? What would they be telling their s/h's Solg was worth if they didn't know themselves? I know a PFS is only +/- 25% accurate regarding the financials but no PFS suggests a +/-100% accuracy....duh?
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"...the price sets the market regardless..." other way round perhaps?
NCM won't haggle over GGP's valuation unless it is completely bonkers! The figures forwarded will be loose change for NCM and they want as much of Hav as they can possibly swallow up. Obtaining 5% now, is a steal (literally) and when they look back after production commences bringing them in 100's of millions a year, their accountants will probably add ot to the footnote in tiny print that they purchased the 5% sometime around 2022.
NCM will own and run Hav, lock stock and barrel before the BUM starts.
(And I will contribute £1000 to any designated charity if I am proven wrong).
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Xavido 1987 - in answer to your Q as to at what price will people bang out...
That has to be very subjective, surely?
Some on here got in at fractions of a penny!!! Others got in above 30p. Some are time driven, others investing for life. Too many permutations.

Pooroldman - It is not inconceivable that the heady heights of 88p or £1 are achievable but either you will have to wait a very long time (years from now) after production or if a buy out with additional premium ratchets it up close to the lower figure. Remember there are billions and billions of shares out there. 1 share for 2/3ds of the entire planets population! The SP can't be in these high figures simply because its current SP 'appears' so low. It is low because the resource is currently low, the company only owns a third of the mine and there are an awful lot of shares.
Do some maths, work out what the mine would be worth if GGP was worth £1!!! Then go look at other gold mines coming in at £13Bn+. NCM's MCap is just £9.5Bn!
We must be realistic where this is going to end.
Those in it for the long term tend towards the divi's rather than the SP.
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10th or 17th Feb. NCM December (’21) Mineral and Ore Resource report.
A summary of what they have in their inventory for the year (2021), at CoP December 31st 2021.
They advertise the PoG and Cu prices they plan to use in their upcoming calculations.
Some CiM and JORC definition reminders regarding "inferred", "indicated" and "Proven/proved Ore Reserves".

Meanwhile, floating about in the assay offices are 8 Havieron assays pending. Some additional (2) assays are pending @ Zipa. Maybe they will bolt these onto their presentation but historically - unlikely.

They 'may' wish to spread the news they have for us between the 10th and the 17th of this month because the 17th is going to be overflowing with news:
NCM Half Year results. (Possibly MRE2 results included*).
Next morning, GGP push out a reciprocal RNS.
5% valuation initial agreement date commences. IF agreed NCM has 30 days to buy the 5%. If it's not agreed - arbitration which as SD stated last week...could drag out (weeks?).

The ESG is incoming too but could be pushed out to March.

*note:
MRE(2)(Inferred) for extended SE Crescent and breccia / N. breccia zone. To include also, an updating of the previous "Indicated" resource amount.

Strap in.
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Nikki - absoultely.
Look if 3 x brokers are calling for 25p per share after the MRE2 (@10Moz), and this is conservative.....then only those who do not wish to see will ever doubt that there is atleast 20Moz in this mother.....lode! Probably more over time.
So (again conservatively) ergo the SP @ the outcome of the DFS will be a MINIMUM of 50p. Absolute minimum. Surely that is enough for those who joined here of late (if they wanted to sell up), surely? For those of us who bought in way below the dizzy heaights of Dec 20, then only greed will govern their dissatisfaction with this figure.
So CONSERVATIVELY, this stock is going to be at 50p+ in Dec 2022.
I know almost anyone who has done their own research will have a figure above this, I do, but stick to the low call and all else is above this will be a blessing.

Here's hoping this board resumes normal soonest eh?
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I know, I know...double 'l'.....
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Probably the second most childish 24hrs on this bb, since inception.
Grown men copying and pasting well into the night, through the night and this morning.
Sums up the level of intelect of some members.
I think Welsh Falcon and Chartarex have said it all.
Who gives a f*ck what this SP does between now and first gold? The time to really worry is if the SP is 15p when they start producing. Then and only then will I think the mafia, DEA, JPM are involved.
Message to new investors on this board:
You are currently experiencing a unique period in GGP's history, they are on the verge of transforming their resource results, commencing next week or the week after. The ore is so big, the drilling is so intensive, the results will be frequent and fantastic, We will see at least 2 x MRE's, a major cash injection via the 5% val, loads of assays and the icing on the cake: the DFS - all within 2022. There will be no further opportunity to revisit 12p - 15p per share once the ball starts rolling.....and it will start in the next 2 weeks.
In approximately 18 months time, First gold will be poured and GGP will start to receive massive income, year after year for decades. Alternatively, there is a school of thought that GGP's minority holding @ Hav will be bought out for a significant premium and passed onto you, the shareholder. Either way, this time next year we will know.
If shorting is holding this stock at these levels - be eternally grateful and load up to the gunwales. You will not regret it.
When the brakes are released........it will be too late.
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ChartaRex - hi.
I'll challenge you if I may:
1. Apart from Twiggy @ Fortescue Metals in 2008, I cannot think of any other junior in PM's or BM's who has gone it alone. Can you?
2. Some on here may not wish to lock their cash into a "cash cow" for 5 to 10yrs. That's not to say they are "utterly impatient", does it?
3. Why would NCM work with a junior alongside, when NCM are doing all the work? What is the benefit to NCM to 'carry' GGP for the next 5 to 10 years?
4. The starter mine commences next year and the BUM starts in '26. What will GGP contribute towards the building and running of said mines?
5. How big is GGP as a workforce? How will they manage to morph into a major miner in 3 and 4 years?

I'm not trying to be difficult. These are questions I ask myself and discuss with other shareholders in other junior miners. The writing is on the wall for companies like this and do you know what....................................

they know it.
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I think about numerous outcomes (like a couple of other posters have), If I may, I would like to share one of them with you and accept that it will be ridiculed by some.
All of the below is obviously IMO. Chronologically:
Mid Feb - MRE2 - rerate to mid 20's. (10Moz (3 ind)(7 inf)) added to the PFS).
Mid Feb - 5% valuation - not agreed, Arbitration drags on for weeks. Agreed figure adds 3-5p to SP.
Mar - ESG report - no change to SP.
Mid Mar - NCM interim report - more good assay results - no change to SP.
Late Apr - NCM quarterlies - more good assays - no change to SP.
Late Apr - GGP Term sheets - SP rise approx 1-2p.
Late June - NCM quarterlies - more good assays - no change to SP.
Late Aug - NCM full year results. Exploration update - MRE3 - SP rerates to mid 30's.
Dec - DFS - The full picture - major rerate. Discussions commence re: BUM. . NCM offers to buy remaining 25% of GGP @ Hav.

2023 - GGP pursues regionals (solo) as a multi billion dollar company.

* Juri not included in the above for simplification).

{Be gentle!].
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Morning NT, you well?
Can I run with your comment if possible?
SD has a complex arrangement on his hands, he has to give the impression he means what he says when he 'suggests' GGP might become a miner (even though the website doesn't go that far) otherwise he won't be taken seriously by NCM when the time comes to discuss the B.U.M in Dec 22.
So after NCM completes the DFS they will turn to GGP and chat about future partnership in the underground mine and of course remind them that they will need to pay hundreds of millions of pounds towards the capex. IF, NCM suspect GGP have no intention to mine as a partner because they have no money or financial plans towards the new mine, then they will offer GGP a mediocre payoff to get rid of them. But if NCM thinks GGP is serious about staying, then the task becomes much more difficult to offload GGP financially or otherwise. Hope this makes sense so far.
BUT.......but.... IMO and experience, 99% of juniors get bought out. SD is well aware of that, so even though he says things like...drilling for the next 5 years, mining @ Hav for 30 yrs, building a team around him to make GGP strong, etc etc...he knows deep down inside that the writing is on the wall for companies like his (after all, he has a M and A background). I suspect he thinks the tipping point will be the post DFS 'chat', this year. He will have to go into that discussion showing evidence that his remaining 25% will cost serious dosh to wrench from his hands because of all the investment he has made towards the future. Only then will NCM realise ...this guy is serious.
A man in SD's position has to be a good actor therefore. And IMO, SD is BAFTA standard so far....but destined for a "golden" globe.
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"Mark"

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what do you call a dog with a hair lip?

My wife met a "friend" at Aldi this morning, a very good contact. Told her that Solg is building a mine in ecuador apparently, and worth investigating. Told her to sell all her Kale shares for broccoli. She's reliable apparently. I trust her with my meat and two veg anyday.
Shhh though, walls have ears.
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I left the best till last:
Hand P expect 101p by June 2022.
Just after the biggest re-rate this company has had...the P Fecking S.
Who cares where Solg goes after that...production or bought out, who cares at that level.......freedom.
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Stebo, thank you for your reply:

You said:
"...When 5% of Havieron-JV is valued, that value can be pro-rata'd to the remaining 25% which GGP will own, plus the 5% that they just sold (and now hold the cash for). ..."
Technically this is incorrect. The 5% valuation will be valued on a minimum of the recent MRE2 that is coming out shortly. NCM/GGP will discuss and hopefully for us, include future resources within limts, to be included in the valuation (we hope and pray).
The remaining 25% will be valued whenever the time comes to discuss the sale of this remainder. By then further results will have surfaced and the stock will be far more valuable than the current MRE2. We could be @ MRE3 or 4 or the DFS even before NCM try to buy the remaining 25%. Then and only then will the 25% be re-rated. It will be far more than the 5% valuation carried out in early 2022.

"...You seem to be trying to suggest that the valuation of the 5% is the only portion of GGPs asset which will re-rate. .."
https://www.proactiveinvestors.co.uk/companies/news/972538/greatland-gold-option-process-will-be-key-value-catalyst-suggests-broker-972538.html
If the 5% is valued @ $228US (£167mGBP), then the stock will benefit by approx 4.3p, as per my maths? It is also how berenberg see it.
"... If that was the case and we sell 5% for a value in line with current sp, ..."
I keep saying - the 5% will be based on the MRE2 as a minimum. The MRE2 will rerate the SP and this SP is what I am using in my maths going fwd, not and never was based on todays SP??

"...Thankfully you're full of nonsense, and I have to wonder what you are so keen to spread misinformation and try to talk down the valuation...."
I'm sorry you think I talk nonsense , I am here to try to balance matters if I think they are running away from themselves. I am not talking anything down.
GGP is worth £633.
There are 4,200,000,000 shares to consider.
SP is therefore 15p.
MRE2 should rerate the stock to approx 24p, (when, I don't know).
5% valuation should rerate it to 4p extra to what it will be on the day of the news. If it was 24p before the valuation news came out, brokers and myself believe it will rise to 28p if the valuation was indeed £168 ish.

Could you show me where (ever) I have walked this stock down, or are you simply quite anxious that the stock isn't meeting your expectations just yet?

best

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rich3r - he has a habit of telling the world and its neighbours what he has and how much he makes with his insufferable shares. He even occasionally tells us what his wife does with her shares too.
Very strange activities indeed.
I don't think he can control himself.
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christabirds - where have you been these last 6 months?????
Are you for real?
$300k for 5% (£220k) works out at a NPV for GGP of: £4.4million, each share: 0.001p
Do you want to try again?
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