GGPChat

"This is the best time to own Telfer since 2005" Quote Shaun Day. I hadn't realised that in 2005 the Production went from c 200k ozs to c600k ozs wow!

I cant imagine that repeated but it is some statement of confidence from Shaun and must have substance to it

GLA MFU

Hydro et all Seen a post on LSE today that the volume lent out has increased substantially suggesting shorting via the likes of Actus Ray may have increased Are there any up to date stats on open shorts etc as I have felt some of the last few days trading may not be just instos from the fund raising...

Hi Spondy
I think the latest update confirming some of the conditions being ticked off came a week last Monday

Agree Rotherby good post. If completion cannot take place 1st November I wonder if Shaun will update on progress of outstanding conditions by Friday given it was an initial target date ?

Many thanks SB for your considered thoughts much appreciated. Liam has also subsequently posted this morning that he has heard (hopefully verified!) that the fault has been cleared and the mill is being restarted. Would be nice to hear more of this when SD is interviewed this weekend on Sunday Roast...

WB hi no I didn't but neither did I miss SD not mentioning none of it would be used for this huge discounted fund raise. If the cost of this possible expansion is beyond the existing budgeted for capex requirements then it may well involve more shares. Obviously goes without saying I hope it can be ...

Appreciate the overview H. How much might that cost and does this mean the potential for another discounted fundraise. Because I am starting to lose the will at Shaun's inability to use decades of experience in finance to sell our world class projects to the investors without huge discounts and deci...

All speculation so cannot gauge any rerate. A deal perceived poor by the market could in theory rerate us the wrong way. Fingers crossed for the best outcome
MFU

Morning all. Not sure if its related but I recall GGP "bringing forward" one of the milestones for NEM because of how much progress had been made. Could it have been the 60 to 70% marker ? There is surely no way Shaun would have been stating "our 30%" for the last year or two if ...

"GGP 26m shares at 8.8p (from 10th Jan = just £2.25m worth) up 10-15% - but buying 5m yesterday took GGP up 5% !!!"

Hydro hi. Was this actually reduced by c 5m shares or were you speculating? What's the current position?
Best
MFU

Quite right Rotherby. Given the majority of your points are in the GGP official catalysts there is absolutely no reason these should not be delivered and in short order TBH a bit disappointed that the decline hasn't restarted as it is 8 months since the " temporary pause" was announced. Th...

Is it Shaun's to drop or is it Newmont? Would love us to have that up our sleeve but it wouldn't align with Newmonts narrative of maximising value from their asset sales IMO
I hope to be proven wrong !
Best
MFU

Very good post Ivan. I am beginning to feel like we are being taken for a ride. Shaun appears to have the best interest of shareholders at heart however he has never bought shares with his own money on the open market and he continues to draw a very substantial salary. So if things go pear shaped wh...

Zoros based on your assessment what would you like to happen that will be in the best interests of GGP shareholders?
MFU

Hi Scottie
I recall he was also ultra excited about Scally and Juri and Rio land and so far nothing commercial
Let's hope this one makes all the exploration of the last 3 years worthwhile!!

Perhaps yesterday and today they are closing?
I recall Bamps stating on LSE recently that they typically sell then buy fairly quickly?

You're a gent Bamps

Best
MFU

Hi Bamps For someone like me trying to understand may I ask are you hinting that it is possible we could be looking in total at between 23 and 26m ozs for the whole Hav deposit but only after a significant amount of fan drilling etc ? Would this be conservative/realistic/a tad ambitious? Best MFU 🙋🏽...

Some really interesting thoughts Hydro many thanks!

Great post Hydro.

Please help me out....what would 1Bn tonnes at 1 g/t work out at for GGP on our 30% before costs ?

Cheers fella
MFU