GGPChat

That’s a really interesting article. Thank you for sharing it here. As I pointed out recently it’s also possible that SD accepts the hard reality that the capital sums required here (including funding 100% of the project to completion) are out of reach for GGP, particularly if he wants to respect th...

I am sure that Havieron will be a successful mine over many decades. Less sure that existing GGP shareholders will be big beneficiaries. I could see how it could work when riding in the box seat with Newcrest, but the propositions under discussion here are a long way from that now. Thank you for the...

I’m going to risk advancing a less positive prognosis. GGP doesn’t have the upper hand in anything here. They bring nothing other than their 30% and their ROLR to the party and it’s not clear that is going to be enough to secure a winning outcome for existing shareholders. It’s very hard right now t...

The info from Hydrogen’s “good source” has turned out to be incorrect. The outcome described as “NO [effing] way - and I mean totally ZERO chance” is happening after all. I have it from a good source and Oz based mining friend: There will be No Newmont spin out of Telfer. You know what that means/im...

That’s an interesting post Rotherby. It’s likely there will be close regulatory attention to any sale of Telfer. Regulators will want a deeply capitalised company to backstop the potential environmental liabilities, which are hard to quantify and could stretch out over decades. I can’t see them lett...

Thanks for clarifying Francis So which is it? Did someone pick the stock or did a set of conditions pick it? It wasn't picked. A set of ESG-related conditions were met. Those conditions will have been set by LGIM's ESG team, NOT by a fund manager. The whole point of an index like this is that it DO...

Definitely good work by SD & team on the ESG front, as I pointed out in my first post. It's likely that GGP will pass other investment company ESG screens so could pop up in ESG portfolios elsewhere. LGIM should be a stable long term holder. However they are one of the largest and most active st...

The inclusion was part of the ordinary rebalance announced 18th October, effective 2nd November: https://www.solactive.com/ordinary-rebalance-several-solactive-indices-effective-date-2nd-november-2023-14/ It’s a rules based index series, so inclusion was automatic (ie not discretionary) once the rel...

L&G bought for their index funds after GGP was included in Solactive’s (a German index provider) ESG series last year. This is probably a tangible outcome of SD’s work on ESG credentials, which is a positive in itself. It’s misleading to characterise it as an investment decision made by an activ...

Sandeep Biswas lost his job because his plan to use JPM to short GGP so that NCM could buy it on the cheap failed..?

That’s pure fantasy. You make Don Durrett look like a rank amateur at woo-woo!

A question for this boards resident experts. What is the status of the haul road required between Hav and Telfer? Is it being built already as part of the pre-mining works? If not, when will work on it start and how long might it take?

Oh Speedy thank you for your concern and for pointing out the dangers, but I’m anything but blinkered! AIM has a long history of corruption, but my experience is that the issues don’t arise where chatboard folklore proposes. A nice chap I used to chat with on the prep-school touchline was involved i...

So, out of interest, as an institution or corporate, could I ask a prime broker to help execute and order for say 120m GGP shares - but stipulate that I’m not prepared to pay over 7.2p? Of course you could, that’s just a normal limit order :roll: Will a prime broker like GPP engage in price manipul...

No, that’s all in your hyper-fertile imagination! GPP are just a prime broker offering trade execution and settlement (essentially outsourced back office) to HF’s and prop traders. If you are one of the many self-proclaimed legends who’ve been canned by Goldman/UBS/whoever in the last decade and you...

Interesting info, thank you. FYI, Jarvis is an admin provider to company pension schemes, principally for DC pensions. Someone else (prob a discretionary asset manager running a corporate DC scheme) will be the decision maker behind changes in their reported holding(s). Jarvis aren’t really an inves...

From the March 2023 EPA submission: “Subject to approvals, full development of the Havieron Project (mining and processing of ore) is expected to commence in mid-2024 with infrastructure corridor development. Underground mine development is expected to commence in late 2024.” How long will it take t...

Zoros - “make it up” is exactly what those two (and their facilitators) have done. A shambolic jenga-tower of confirmation-bias driven fabrications, misunderstandings and misrepresentations. Such a shame that the well researched GGP community lapped it up to the point that it became an article of fa...

… Share Price SD is at a loss to explain why the SP is currently so low at present. He is perplexed that many of the “price moving news” has failed to have a positive impact on it. His thoughts were that it was simply a case of more sellers being in the market (mainly retail investors) . He is awar...

An engineer told me before he died, ah-hum…

… I am struggling to see how they were sitting on almost 50m undeployed shares to return in one day, with volume and SP not correlating to such a move ; I appreciate this points to the shares being borrowed, not deployed and therefore able to be returned to the owner, but I am not convinced. … Who ...