Griffin Mining Share Discussion Threads

[alangriffbang] 10/5/2024 12:48

tygwyg well said the a hasn’t got a brain in his head ,for all his studying he never gets anything right ,whatever will be will be ,I’m just off to lunch with a billionaire and his family the topic of conversation will be the stock market and shares ,he has just bought his 16th property in central London I’ve known him for over seventy years, off out now to meet up with them all , good luck,

[rose_by_another_name] 10/5/2024 12:30

Probably waiting on huge payments to Chinese consultants
to file the paperwork- as before.

[tygwyg] 10/5/2024 12:01

Caijiaying... 2nd largest operating zinc mine in China... mining licence will be renewed when renewal is required and not before.

[theapiarist] 10/5/2024 11:43

Of course, this is all idle speculation.

The definitive account will be revealed later today when Alan shares his lunchtime briefing notes from really rich friend.

[theapiarist] 10/5/2024 11:27

Maybe so, tygwyg.

But at 1.5 million tonne/annum they can only process a fraction of it before the licence expires.

They have no plans to expand the plant and, as far as we know, no plans to extend the licence.

It would seem to be too much trouble for them. The best we can hope for is that someone else is being lined up to do the necessary heavy lifting.

[theapiarist] 10/5/2024 11:22

Some numbers to underline your point, Rose.

On 26th February the company announced their latest buyback programme stating:-
“the Company will purchase up to 10 million outstanding ordinary shares beginning immediately”.

Their idea of immediate doesn’t chime with mine. 10 weeks were allowed to elapse before the buying of stock began in earnest on 1st May.

During this period of inactivity the share price rose from 99p to 157p.

Since restarting the share price has slipped to the present 150p

[tygwyg] 10/5/2024 11:17

Net asset value got nothing to do with what's in the ground ;-)

[phillis] 10/5/2024 11:07

So results next week

I note the NAV ps at the half year was $1.32
This week Panmure are paying £1.50

Surely they are not buying shares back at a premium

[rose_by_another_name] 10/5/2024 09:14

Every buyback hammers the share price

[alangriffbang] 10/5/2024 08:58

sage well done you will be soon down to my holding level ,I’ve got six people coming today including my rich friend and his wife so there will be a lot of chat about the stock market ,it’s always full of interest ,I’ve just had a very good swim in the sea and it’s quite warm as well ,good luck,

[sageman] 09/5/2024 22:59

Sold 28000 shares today, all £1.50+. High volumes today. Still holding 150k plus shares. GLA

[theapiarist] 09/5/2024 20:26

Alan. I don't believe I've mentioned EL more than half a dozen times in 5 years .

As for worrying about Zoo, I'm sure he has his Offshore Skipper certificate along with his SPB. So no worries there.

You seem to miss him rather more than the rest of us do.

[rose_by_another_name] 09/5/2024 19:53

No one thinks about him at all when he is not here.

[alangriffbang] 09/5/2024 19:51

tha a and phillis don’t you worry yourselves about zoo and EL they are having a great time the same as me ,

[alangriffbang] 09/5/2024 19:47

The a phillis yawn !

[theapiarist] 09/5/2024 18:33

Dgellissnr2

For all your talk of tree shakes and faintheartedness, I don't regret lightening up my holding for a nice profit, whilst retaining a decent stake.

[phillis] 09/5/2024 18:19

Who can’t do sums
Dopey old git

[theapiarist] 09/5/2024 18:16

Alan. Check my post on Thursday 2nd.May #74335. 50,000 av. 1.571, posted 2 hours before appeared on market.

Since then a further 100,000 av. 1.495.

Equals 150,000 av. 1.52

What don't you understand about that?

I suppose the answer to that is "everything".

PS

Your feeble posts about marmalade serve only to confirm that you are a very stupid man.

[alangriffbang] 09/5/2024 17:26

phillis why are you worrying again you’ve told us on many occasions how wealthy you are and have family money ,you worried yourself on the SHA board and drove everybody crazy what is a few thousand quid to you ,ffs!

[alangriffbang] 09/5/2024 17:22

the a your sale isn’t possible the beginning of the week was a bank holiday and the spread wouldn’t have gained you an average of what you’ve said ,best stick to marmalade ,

[alangriffbang] 09/5/2024 17:20

jppp I’m pretty sure that there isn’t anybody, although I know that thy would like to sell being how old they are ,

[phillis] 09/5/2024 17:06

Hopefully Panmure were not the buyers

[jppp] 09/5/2024 16:55

just shy of 1.1m shares traded today. quite a change from the previous average of below 80,000 and share price did alright.

someone must declare a stake soon unless using different entities? and maybe Bermudan rules?

[rose_by_another_name] 09/5/2024 16:48

The Apiarist dip.

[dgellissnr2] 09/5/2024 16:41

Great tree shake today got rid of some faint hearted 🤪