Does anyone know when the next investor presentation or Q&A is and whether it is possible to dial in?
I donāt know on investor Q&A but I think the next drill results will be announced around 23rd July together with Newcrestās quarterly results. The last GGP investor update coincided with the Newcrest update (a few days later)
Does anyone know if thereās much more to the valuation of GGP than value of gold they found minus cost it would take to dig it up?
I personally expect it to be at least 20p by end of year. DYOR of course, but there are loads of drilling results yet to come and many areas unexplored.
Are you talking about the process of valuation for this exploration company GGP or the just asking if the price in the market is fully valued?
It depends how detailed you want to go. Can be very simple or very detailed. Challenge here is lack of information so many assumptions if you want detailed valuation which might give false convictions
If you are talking about the process to value, there a quite a few assumptions you need to consider given that the more are no mine studies accompanying the drill results yet. Here are some (probably there are more):
Mine life
Rate of extraction per year
Price of gold over life cycle
Price of copper over life cycle
Discount rate to calculate NPV (if it fits your calculation method)
Amount of ore body required to extract to get each ounce of gold / copper
Average gold grade
Average copper grade
Total reserves of gold and copper
Consideration to other targets beyond Havieron
Consideration to other projects outside Paterson
Mining method > All in Sustaining Costs assumption
Exchange rates
Newcrest farm in agreement
If Newcrest will take extra 5% at fair value and what that fair value is at
I guess I was trying to figure out if the share price is fully valued
Cheers for that breakdown so we could work out what a fair share price would be but we donāt have enough info about the discovery or the cost of extraction yet
Hope youāre right @Rollingskies
You can make assumptions and build a cost model. Thatās what I did and showed in my videos on greatland gold.
all looking very promising! Especially with the confirmation that theyāve enough cash for the next 12 months
Glad I bought some more yesterday
Somethingās happening, lots of big buys in the last couple of hours and weāre back to 13p.
Should be up to 15p in the next week running up to the drill results. I added a little more to my account today! All of mine are in the 12p SP. Wish Iād got in earlier but I think this has a long way to go yet.
Wish I was brave enough to put a bigger chunk of doe into this. Iām only in on Ā£300.
I am so glad I stuck with my instincts on this stock and I have never doubted it (and there is more to come) and after many hours of research back in December, my paper profits now stand at almost 8.5k. So happy. Is anyone else reaping this type of reward?
Edit: I know thereās some on here who completely dismiss junior gold explorers, well I hope youāre reading!
Yes Iāve only recently put in a serious investment in GGP but hoping results next week will confirm Havieron as a tier 1 discovery and help the SP
Iām watching. And waiting with baited breath. GrsT company. Starvest have performed better. Wanted to invest in them given low market cap and high exposure to ggp but without the realised value at the time. Think thatās changed now though
There is this but also thereās Scallywag too, please do research on this too.Thereās much within this stock itās an absolute no brainer in my opinion. Iām happy to be in control of my portfolio which is a win win
Iām slightly biased towards GGP as this was one of my first investments and it brought my portfolio into positive territory as a newbie in 2 months and it continues to give me positivity. For me itās
Thatās great news. Iām really glad. Its been really great to watch it too and even better now I hold some.