I hold POG, CEY and PAF. As far as risky goes I would say POG is is pretty turbulent but my holdings in all are relatively small so my exposure is limited
Based on what we know so far, I think in the 25-30p region. Iād also be interested in your JLP update, whenever that may be. I sold out but thinking of getting back in at some point.
On the basis of havieron being mined then i agree 30p is the target. So thatās 100% upside within 12 months. However if they strike gold in any of the other sites you can make up any figure really.
Yes I agree. I expect a conservative share price to be between 27 and 50p on current discovery based on 5 to 10moz. However, I would expect further discoveries. This share will be 20p plus by end of year. Quite possibly more.
I know this sheet and been in touch with Aimtrader who made it. I think it is credible but slightly early as still need more drill results. The AISC I think is very optimistic even if block cave method but again it could happen IF all goes well.
Weāve compared valuation assessments a bit and aimtrader was good source of knowledge on ggp
Strange question I know but why is the price of GG different on FT to YahooFinance. At the end of play today GG was 0.1455p on FT but on YahooFinance it was 0.147p a share
Yahoo and Google use the UT price - this is the Uncrossing Trade price where after market close they match off all the outstanding trades ie highest buy and lowest sell. Freetrade doesnāt take this price at market close. I assume as itās not representative of what your shares are valued at although may weāll be another reason.
If you watch open tomorrow, assuming no updates before, it will open lower and show as down % wise from the UT price, happens quite regularly⦠Slightly frustrating!
Thanks
We had the same issue yesterday - FT are aware and are working on a fix.
I wasnāt sure if they didnāt update it on purpose? HL didnāt show the UT price yesterday either.
If you believe what some of the other online forums are saying then itās down to MMs increasing it at close so when it inevitably opens lower the following day, it triggers stop losses and scares some into selling⦠but who knows really
Oops sorry I missed this! Theyāve got two sites Ballieston and Creswick which look extremely promising. Currently looking for a JV partner to kick start the drilling and apparently have 4 interested parties (one being Newmont apparently). At ~2p a share and a market cap sub Ā£15m I think itās certainly got potential!
GGP really suffering this weekā¦
Hopefully now Beetham (major shareholder) has sold his 4% holding it can rebound to the 13/14p level.
Think thereās a lot of FOMO investors panicking after buying in at 14p+ too
Is this the reason for the fall in share price?
Iāll only buy-in at my target level - 9-11.5p (later this year iām still expecting this to rise again once the official maiden resource estimate is released)
I think investors are looking to make gains in other stocks as GGP has been relatively flat for some time now.
There should be an RNS soon to say that Scallywag drilling has started though. MRE later in the year and Scallywag drilling results too.