Oh dear Arthur 75 is rattled his 4p short is up the creek without a paddle Arthur it would be nice to know how many shares you borrowed to short greatland also how many shares did toasty borrow choo choo |
 At present reported Mill RUN rates, we are producing 1250oz per day (or 37500 ounces of gold per month). Currently that's $4629 AUD per oz or A$173 million AUD per month. = $110m USD per month. Cash in the door.
BUT the really interesting part is that the mill wasn't running full chat. Nope far from it.
SD let slip in the conference call that he plans next to run the mill 'over nameplate' this quarter. Now Telfer's records show the best performance ever was 24mt PA . SO let's assume thats SD's test target (albeit it could be even higher Telfer is after all A Monster ).
24MT PA is = 67kt per day. or 2Mt per month.
The first shortened December month "Dual train processing operations resumed on the first day of Completion, 1,466kt of ore processed from 4 December to 31 December 2024".
Thats 54kt per day. Now, in my book 54KT P/D to 67Kt P/D is a WHOPPING 24% jump in processing volume.
This directly equates to a 24% increased ESTIMATES (and it could be even more..... Assuming grades hold up... )
There is VERY strong argument we MAY BE SEEING some $136M USD per month coming in.
Unbelievable. THATS £UKP108M PER MONTH. |
Hydrogen1 "My 4m SHARES...up nearly £100k this past week or so."
Soooooooo share price up 2.5p ish in the last week and you got your calculator out, LOL. Didn't engage your brain again though first did you?
100k up means nothing if your average is in , for example, mid 20s does it?
Btw how are your imaginary superstar racehorses also getting on?
Remember chum this is a 2 bit backwater forum with only 5 or 6 regular posters , dream on! |
Who would tick that down ? |
Arcadian it is true that they sometimes go in the wrong column thanks for mentioning.
Interesting post London!
As Wisteria says hold for gold, it seems. |
Didn't seem to be going anywhere you mean?
I have some there too...major shareholders impressive. |
This time round -- Yes but I have been buying copper too (not Solgold as I left that some time ago as it wasn`t going anywhere) |
Was that your first buy today Arcadian ? |
Just for the record
I bought 100K at c9,46p and it shows as a sell. I expected to pay 9.5p so is this a crafty was of boosting the sell side? |
Arthur 75 your 4p short has been blown away how many shares did you borrow again choo choo |
Back into double figures soon where GGP belongs onwards and upwards GLA |
If the trades are to be believed its all Pi's buying . MMs playing a blinder aren't they ? Positive sentiment is driving this rise isn't it ?
Some may will be getting suckered in by all the giddy excitement . Mind the spike! |
Ggp have 509,000 ounces of gold and 20,000 tonnes of copper just sat in stock piles, with ZERO ($0) mining costs; profitability on that is going to be insane!! Easily cover half of current market cap. Mind blowing. |
Wisteria
"The clue is in the name".
About 30 years ago I bought a car with the registration GRL at the same time as buying Randgold Resources. The GRL registration took on a significance when RR discovered Morila, subsequently nicknamed "Gorilla", and my investment yielded a 100 bagger. For purely irrational sentimental reasons I have kept that registration.
Is it now time to reinstated it to accompany my investment in GRLand Gold? |
sbp
This repost is more akin to what you're looking for :
tks to London07 on t'other GGP thread -
'19p just to match ASX peers, this is based on info today. A huge price correction is coming.
We then have:
Quarterly production numbers will solidify cash/profits
2025 FY forecast will provide market forward looking statement
ASX listing will bring in huge institutional money
Moved to main market mentioned! Which will take ggp straight into FTSE250, Tracker funds come in.
Haverion update will be transformational
Telfer upgrade will be huge, will be running Telfer and Haverion concurrently
Maybe next to no debt funding required to develop Haverion, totally insane
All this will take new peice targets easily towards 30-40p+
Most PI's just don't understand what ggp are doing, whilst big funds will slowly load up for a 20+ year returns and dividends.'
---- |
London, Good post, and i concur with the share price swinging to a all time highs over the next couple of years!
The clue is in name GGP HOLD FOR THE GOLD ! |
Could easily be 10p plus today, then a quick rerate towards 20p
We have nearly $100m revenue a month.
Drill results to come anytime, we know the CEO has already said...
Imo we haven't seen anything yet. |
Sentiment is driving this rise , fair play to those making a quick buck. I get the feeling some will be spiked badly again though. |
You can add - "3p, it's decided" PMSL
To that list. |
"Looks like we going back to 6p.Rampers got a bit giddy"Good stuff. Keep it coming. |
Mirabeau, many thanks that was about what I was thinking. I bought in here around 7p and it is great to see it ahead. Best regards SBP |
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