Onwards and upwards I hope! Nah the loans aren’t big enough for me lol hopefully Rio tinto or someone makes an even bigger offer or a bidding war
GGP needs to get some drilling done on some other targets to raise value of rest of assets outside Haverion
What price per share do you think it would be if they were to be bought out?
Yeah more promising drills results would definitely be in our favour.
I wouldnt want to speculate or even get my own hope’s up trying figure it out lol, suppose it depends on the results to help give them a better estimate of how much is down there. 25million oz seems to be the minimum peope say and what ever the price of gold and copper is minus overheads ect , ggp only gets 30% of it I believe(still a huge sum) then it would depend if they just want to buy out that project or pay for others too.
What happened to the person who wrote this? I think the username was ‘codf’ or something but now random anon.
I don’t know but his input and contribution the the forum is missed!
Yes it was codf - did some great write-ups that I always enjoyed reading. Shame hes left, unsure why - its a little odd that the username has been amended to anon…?
He was a forum mod if I remember correctly. Again if I remember / understood correctly Ggp (could of been bushveld minerals…) was going to be removed from Freetrade, along with other aim shares due to something like it was GBP format and a penny or less share? Anyway that was the gist, I’d suggest that he thought what was the point of the write ups if the shares were to just be later removed.
Didn’t realise there was a discussion about those shares maybe being removed? Is that discussion still visible somewhere do you know?
I think it was closed by a mod. The jist of it:
Because FT lists prices in £ and not pence, it meant that shares under 5p were automatically displayed as £0 at some point in the process of a user purchasing them. FT decided to hide those shares to anyone who hasn’t already purchased them, to avoid the misleading £0 price.
Community members complained and FT reversed their decision and rolled out a fix ASAP.
I also miss @codf’s contribution, his deep dives were great!
I think Codf was suspended and the thread you mention about removing some small value stocks was archived and some posts removed. Always hoped it would be temporary and Codf would be reinstated.
Anyway GGP. I’m currently trying to put a valuation together based on valuing havieron resources and using Telfer mines AISC cost base as a reference alongside discounting the capex investment due to processing being done at Telfer as part of the farm in agreement.
My problem is I can’t put a valuation on Scallywag or other targets outside havieron as there’s even less data. I’ll post anything I put together on here asap
I’ve been looking closely at Greatland Gold and did a research paper and here’s a video summary if you want to get some thoughts on the valuation ahead of upcoming drill results.
Beware it’s a deep dive so quite long video. There’s some timing markers on YouTube in description if you just want to dip into a specific part
I found the level of detail fantastic. Really impressed, and helped me understand how significant this could be.
I noticed this was started on Good Friday (10th) when the price was around the 5.5 pence at the end of Thurs. Or was that when you started to compose the slide deck?
Now we are seeing at stepping pattern it could be close to 11-12p before the news drops, would you expect it to just bump up a few pence or can you see it hitting 20p from people wanting to get on board regardless of the underlying value in the business?
10 million oz + and high grade 1.9g/t
Yeah, I’ve been on GGP for a few months. At start of April I realised the stage 2 results were coming by end of the month and tried to get my thoughts together. Basically been revisiting the valuation and trying to piece together the available info Since 10th April (forgot to update the slide before I recorded audio!) , there’s less hard facts than you hope for when you actually start looking hard at it, so I had to try and use some assumptions to bridge.
I honestly can’t say what’s going to happen leading up to the results. Then it’s judgement day
What a great deep dive this is!
What happened to the author of these write ups as they were very helpful and insightful?
His deep dives were very good. @Freetrade_Team
Here’s their profile Profile - anon810895 - Freetrade Community
Yeah big loss to the forum be good to have him back!
It shows he’s been suspended but also being an investor. That’s interesting, shame as it’s a loss.
Yes, he was banned for what seem to be unjustified reasons.
He has since moved to another platform due to his disappointment with the unfair treatment.