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Dates of most recent and next independent reviews
Newcrest uses the Canadian Dam Association guidelines for Dam Safety Reviews for all TSFs,
regardless of jurisdiction, and the frequency is driven by the most frequent of regulatory
requirements, ITRB recommendations and GISTM.
Facility Telfer TSF 7
Date of last Dam Safety Review 2019
Next Dam Safety Review 5 years 2024
The 2022 Telfer Mine Closure Plan was approved by the Regulator (DMIRS) in June 2023,
meeting the regulatory requirements for closure liabilities and providing adequate financial
capacity for closure.
Not mine!
Closed the Crude short this morning. 99 Red balloons, No 500 Green Balloons! 20%25% of that here.
Eawinner - I stand corrected silly mistake of mine as I sold on the way up and bought again on the way down before the SP plummeted and should have remembered better but the years pass quickly these days but not that quickly !
Hi Magnum. With all that rain maybe stay in Sydney and pan George St. ATB Speedy
Do you mean Shaun has a hard 'hat' on for telfer?
I just got back from Australia and they have had some serious rains. Sydney had worst rain for four years, lucky for me I was back in the city from gold panning at Oberon.
Buys at 6.25p v sells at 6,21p
Plenty of buys now at 6.25p
Not yet, personally I've learnt not to worry too much about the existing shorts and when they are going to close... obviously new shorts would be a concern but with the existing they'll close when they close and ill treat that as a nice bonus when it comes but the momentum is now shifting and is the time to buy and hold !
Any sign of Actus closing their short so we can get proper momentum?
1,000,0000 trade 6.25 ... things are heating up... everyone ready for a leg up !
752,000 decent buy order gone through as well... things are looking more positive today... have we finally turned.. IMO yes and this is the time to buy get ahead of the crowd as they'll b plenty ready to get in as gold is at record highs a short squeeze to come as well as the oldest and most important change.. sentiment and momentum !
As mentioned earlier a tick up was coming .. let's see this get above the 6.5 and we can really start to get some momentum as we break out !
Ben Posted it on Tailing on GGPchat
https://www.ggpchat.co.uk/viewtopic.php?p=5537#p5537
A nice 500k buy order this morning ... I expect more to follow as we start to gain traction and the sp test the 6.5p and 7p as we target higher sp's in the coming weeks and months.
The change is in play IMO
Sorry to hear you have hurt your hand Ben, Thursday a long time to wait if it’s broken!
Delay at Telfer means more in the ground for us, when we take it over. 🤞
Thank god for some positivity sirmark 👍👍
Whilst recent months have been in a clear down trend recently this trend is looking to change and imo will change very quickly
Level 2 this morning improved from 1v3 to now 2v2 and I expect a tick or two up today.
The bulls could be back in charge very shortly
GOLD still flying !!
Hi MH01
I have took a picture of the article and sent it to rotherby by email, i was reading the newspaper so I’m not sure I can cut and paste!
I don’t want people to think I’m scaremongering, it’s the opposite Shaun has a hard on for this deal, others might look at this with a different view!
Just because a car has a flat tyre it doesn’t mean it doesn’t work!
Anyway I have broken my hand , I think scan on Thursday!
😂
All the best Ben
So, on the face of it, "heavy weather" stopped production.
It sounds like a storm in a teacup to me. Heavy weather stops production anywhere in the world where it could be a risk to staff. Just like production stops for some regular maintenance projects.
Unless I'm proved otherwise it sounds like just another day in the world of production.
Roll on an update from ggp. Give us something, either good news about the lower water table or a ‘deal done’ RNS. Don’t get me wrong, I’m trying to take advantage of the current sp. But I’ve forgot what the colour green looks like in my portfolio.
Why would Regis resources be looking at Telfer, if their other gold deposits are approximately 500 miles to the South.?
"Greensill rains cash, for some at least
Grant Thornton pulls in the big bucks Greensill, as they give Sanjeev Gupta’s GFG yet another extension on its bills. Plus hot mikes in the Senate, and fresh problems for Newmont at Telfer."
Prob this one (behind paywall).....
https://www.theaustralian.com.au/business/margin-call/grant-thornton-bills-big-at-greensill-as-gfg-makes-another-promise-to-pay-its-overdue-bills/news-story/b5f994b3f6ae7b260afaf76f69bbfebc
Good afternoon @ 4am Ben. Copy and paste the article if you don’t mind. Most of us can’t read it behind the paywall, thank you.