Member Info for zoros

Hi Jiffy:
"...Others on this BB seem to think we will sell the 25%, that's no way IMO to build a Billion Dollar company . ..."

I am one of those who firmly believe NCM will buy GGP out @Hav.
Quickest way ever of making GGP a billion POUND company, never mind dollar:

1. If the 5% valuation is based on the MRE2, which in turn, generates a SP of 25p (ish), GGP will be worth £1.05Bn. If GGP then sell their remaining 25%, say at the end of the year around about the DFS stage (when they plan to sit down to discuss the way ahead, re: bulk underground mining) and the SP "doesn't move from its Feb 25p, GGP will sell their Hav portion for atleast £5Bn extra. Making them a multi billion pound company. For them to have th is amount of money in their mits if they stick it out and go mining with NCM, will take years and years.

They sell (Hav) for mega bucks and then they go looking for other resources at their leisure.
You and I enjoy a sterling SP and probably mega dividends for ever!

Z

"...AIM MM dont run aggressive books - they are not allowed to - they have a Risk Manager who sets their limits and reviews regularly (BARINGS etc) most of their trades will be automated trades from you and me thinking our £20k trade is a monster - its not of course. An AIM MM will be given say £50k either way as a limit and if they go over that they have to square the book off - this means get the exposure back into the limits - thats why prices move - a MM sells £100k of shares to Zoros and needs to cover that quickly - MM will charge you a spread premium for a trade that size and then will quickly whizz around the other MM and Dealers to cover inside the price.
MM dont make their money by risking their capital - they make it by buying at one price and selling at another - they want to make 1p on 100,000 shares in 3 minutes - not £12p a share over the next 18 months. They don't have the capital to do this.
I worked as a dealer for a few years in the City so i understand how the market works between broker and MM.
Anyway - AIM stocks are way too illiquid for most professionals - the door closes to almost nothing once the market gets fast - thats why Directors are advised to dribble out regular share sales every month on share options etc...."

Z

From Bluetiger:

"...RE: Ladder short tacticsToday 09:36 (10/12/21)
I disagree with your ideas of a concert party of professional shorters working short orders against the share price.
Firstly WHY? What's the point? Who benefits?
Secondly - professionals don't short Aim stocks , sorry they just don't , they use far more liquid markets and most long / short hedge strategies use options not the stock as the leverage is better.
Third - the short positions may be long positions.
If i make an Over The Counter market in GGP via CFDs to someone who wants to be LONG say 1M shares - then I am now SHORT 1M. To hedge correctly as a MM i must then borrow shares to make sure i have no exposure to the trade, and that i have made my money the safe way - in the spread. So i create a position of 1M at say 15p and then hedge long at 14.5p - i charge my counterparty say 4% for their long position and i borrow at say 3% - thats how i make money as a MM but with no risk.
FINALLY - as you point out - the Cap Table is mainly PIs anyway - so there is not much chance of finding a counter party in size anyway - which will definitely put off and hedgies running a long / short book on GGP say vs Gold - Juniors for example...."

and........................................

Evening Notrader - hope you are well.
The 'short' issue won't go away now because certain posters have rammed it down our throats for months and (a) ignorant, (b) nervous and (c) frustrated shareholders cling to propaganda like this as a lifeline...
I have seen it in nearly every stock I have invested in....if the SP is unbelievable, then eventually they blame shorters (or its distant cousin: manipulators).
It's too late now to dispel the shorting myth @GGP, it's engrained here. We have to move on.

My current concern is Ukraine. If/when Russia invades, global markets will (temporarily) tank and if this coincides with the bag of good news coming from GGP soon...it could neutralise the positive effects reflected in the SP for months.
I guess if time is not an issue for a shareholder then it isn't a problem.
For others, time is as precious a commodity as gold.
Best
Z

1. Shorting is normal (look at all the other companies being shorted).
2. It is a paltry 20m shorts ffs!
3. JPM (whether you love em or hate em) do this for a living. It is legal and it is a way of keeping their stock fluid.
4. They are either (a) hedging their bets (because the profit they make from this paltry amount will probably pay for the coffee boat in head office) OR
they know something is going to kick off (negatively)......my guess: Ukraine and its effect across all stock markets.

I'm not a lover of shorting but it happens and when it comes to GGP, the shorting that has been going on is minute and negligible.
The SP belongs where it is because of what we have in the ground thus far.......ie: it is still in the ground and secondly it is so far a mediocre find.

Before you spray a "Z "on my front door and tarnish me a troll collaborator, please DYOR and understand why 3.4Moz = 15p. When the MRE2 comes out = 24p. Each incremental MRE = +Xp.
The 5% valuation = +Xp. Term sheets = +Xp. The DFS = +Xp.
Ukraine = =Xp.
Be prepared for all these scenarios....they are a comin!

Z

Mumbo - whats your 5% valuation range and why?
Z

phelpspb -do you know why the reiteration dropped from 33p to 24p?

Mumbo Jumbo - you continue to ignore my request to chat (even offline). Here is your post from 17th Jan this year:

"...The value you put even after MRE2, it just about supports the current mcap of £600 million!! Bear in mind that the next resource update will not come till towards the end of the year. It is a long time to wait for the SP to break this ceiling. Even then you are relying on exploration upside to lift the share price. Nothing is guranteed.
What if MRE2 is not used? How much will NCM pay then?..."

Care to discuss the merits (or not) of your post before you continue to dole out more meaningless drivel?

Let's get down to the nitty gritty Phelps and MJ.....
Z

mumbo - are you hard of hearing?
Would you care to discuss your post?
Z

Hi Sandgrounded, your "25% retained value"......you can't simply x5 the 5% valuation??
The remaining 25% "NPV" will be based on the prevailing circumstances at the time. Not on the prevailing circs when the 5% is worked out.
Best
Z

C'mon guys, let;s put you two to bed once and for all, eh?
Z

phelpspb -do you know why the reiteration dropped from 33p to 24p?

Mumbo Jumbo - you continue to ignore my request to chat (even offline). Here is your post from 17th Jan this year:

"...The value you put even after MRE2, it just about supports the current mcap of £600 million!! Bear in mind that the next resource update will not come till towards the end of the year. It is a long time to wait for the SP to break this ceiling. Even then you are relying on exploration upside to lift the share price. Nothing is guranteed.
What if MRE2 is not used? How much will NCM pay then?..."

Care to discuss the merits (or not) of your post before you continue to dole out more meaningless drivel?

Let's get down to the nitty gritty Phelps and MJ.....
Z

It seems they’ve pulled my post about your well being.
Was it them or you?
Z

blusky......300m of decline completed.
You're welcome
Z

Morning Jerry. Good to see you contributing again. We just need Spymaster back too!
Genuine question for you...why invest in SVE when their portfolio is 90% GGP and their share price has mimicked GGP's over the last year or two?
What is the benefit of investing additional cash into a company like this who technically can't mirror GGP's rise in future? Isn't it better to put that cash into the real McCoy rather than a diluted one?
Best wishes
Z

Glad you're on. Any drilling @ scally lately?
Z

MJ - I'm signing off now, been a long day.
IF, you really want to understand what is going on with the 5% valuation and genuinely want to be brought up to the same speed as everyone else on here....but not in the full glare of their headlights, contact me @: zoros@mail.com.
I will respond.
Z

OK, ok. I'll give you one more chance to play:
Tell me what you know about GGP?
Tell me how much skin you have in this game?

Then we can move fwd
Z

MJ, I quote:
"...Bear in mind that the next resource update will not come till towards the end of the year. It is a long time to wait for the SP to break this ceiling. Even then you are relying on exploration upside to lift the share price. Nothing is guranteed.
What if MRE2 is not used? How much will NCM pay then?..."

Says it all doesn't it,
first you can't be bothered to find my post, second, you therefore haven't read it , third you offer up incorrect figures and then this:

"next resource update,,,end of year? WTF?
"you are relying on exploration upside "
"what if MRE2 is not used"

I think you'll agree that you have absolutely no understanding of the company or the arrangements currently being undertaken.
How can you come on here and comment the way you do when you have NO idea?

Subsequently - I have declared you an honourable 'twunt' forthwith. Congratulations.
Z

Too true.....
But just taking my figures as a starting point...GGP will go from £16m to £100m in the bank overnight (ish).
This will catapult GGP smack bang into the debt lenders lair! Term sheets here we come.
Z

Time's up:
You had your chances.
The question was: who sang: It's a beautiful day?

https://www.youtube.com/watch?v=jQk23ViALh4

Z