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Thanks Redirons and others and to anyone reading the notes or highlights, DYOR of course, just hoping to pick up relevant content in the presentations/interviews but very much up to each individually to interpret and act on as you see fit ;-)
@ SilverHorse, your reply made me chuckle but surely a waste of good ice cream (and rude) ........ I mean that wouldn't be very conscious of avoiding excess wastage in an industry that is so keyed into improving its reputation, we can't be having that and just imagine the additional carbon footprint generated by the dry cleaning - very irresponsible mate!
Big thanks to Liam for his fine interview and to you Dip for your fine compilation of the takeaways. Very selfless the pair of you - thank you!!!
Hi DIP666 - Gold ice-cream and stick it on top of shaun head. Hes needs to talk about this shorting i question him
Some Key Takeaways CONTD:
- The relationship with Newcrest outside the scope of the 5% Option Exercise is still excellent, plenty of regular collaboration and full of mutual respect
- There is plenty of structural alignment with Newcrest on the vision for Havieron including reinvesting into bulk mining and sustainability with options towards achieving a zero carbon footprint
- Perhaps an overland conveyor system is under consideration?
- Liam and Bamps can stop worrying about Night Parrots so much!
- Havieron could well be renamed in the future to a name more in line with the heritage of the Martu people
- Shaun needs to be more adventurous in his ice-cream consumption…….?!
- Corporate governance is taken very seriously, GGP is not your typical AIM company in that respect
- Shaun understands the frustration around the share price decline but the team is very much focused on trying to build medium to long term value to enable the best outcome for shareholders in the long run
- And talking of running, keep up the exercise Shaun, we want you nice and healthy to look after our own interests!!!
Some Key Takeaways:
- Liam took his opportunity on the big stage and kicked the ball right through the net and outta the stadium, well done chap!
- Last 10 months of drilling delivered a 50% increase in both reserves and resource
- The Eastern Breccia is hugely significant in various ways and every interview and drill result is reinforcing this and the ‘gap zone’ may well give us more positive surprises
- Base metals are definitely a topic of increasing interest in and around the massive sulphide zones sitting around the Eastern Breccia
- There are some highly experienced and qualified staff being attracted to GGP through Havieron in a market that favours employees due to supply shortages for employers industry wide
- Shaun considers Havieron as a multi decade Tier 1 asset with the potential to be a Top 5 Australian Gold/Copper mine
- As those of us either proficient or learning about the geo side of things know, there is more to finding other discoveries than grav/mag anomalies such as with the Eastern Breccia
- Shaun reiterated Havieron is a very sizeable system that could still hold many surprises and bodes well for peripheral bodies along the structure both within the Havieron mining lease and at our 100% Scallywag owned tenement
- CAGR potential through Havieron is a key attractor for those invested in or planning to invest in GGP in many areas such as future growth in resource and reserves and life of mine
- Shaun and the team are prepared for any takeover or control threat and ultimate aim is to ensure that one way or another that maximum value is delivered for shareholders in the medium to long term
- Shaun is very focused on becoming fully funded once the ‘transition period’ is over including conclusion of the 5% option exercise with Newcrest and focusing attention on the path to Free Cash Flow and bulk mining
- Intention is to utilise Havieron to become a multi asset, multi billion dollar company but in the event of a sale they would want to return some of the profits to shareholders
- There is a multi faceted team in place now to cover all aspects of the mining and exploration business holding us in good stead for the future with or without Havieron
CONTD.....
“We’re a little bit spoiled by the targets. It's very rewarding drilling Havieron itself and then understanding this Eastern Breccia, that high grade component in the Eastern Breccia, that gap zone continuing to punch into the southeast gradient. All of that is really rewarding. It's always nice when you when you pull out these big intercepts but along the structure, we really want to understand what's on the mining lease and we're starting to turn to that now with Newcrest and we've got some really exciting targets
- Now, time will tell but certainly the size of the prize is significant. And then as we go up into our 100%
owned Scallywag, we've got dozens of mag and gravity anomalies there that we want to drill.
- I always say we do try to sequence them but it's very hard really to be able to sequence them in
exactly the right order otherwise geology would be easy.
- We have some that look on a map better than Havieron, others with a lower signature. But I think it's very hard to know whether that high signature or the low signature one will be the one that ultimately
delivers ore because there's so many variables that can go into how that signature is reflected
echoed Dip. Many thanks!
Indeed Dip, and what a star! I really hope that other forum users too, appreciate the huge, regular effort that you go to in providing these very valuable transcripts! TT
“ - So that certainly coming in here I knew it was good, but it's been eye opening actually being behind the scenes and seeing the full extent of the opportunities.”
Thanks Dip
“ We see some other kind of base metals in that area as we get towards it, into that massive
sulphide zone that sits in and around that Eastern Breccia, it's a beautiful ore body.”
Notes from GGPHelp Interview with Liam - Part 1 - 25 May 2022
An absolute and long awaited pleasure to be able to say ..... here are my notes for Liams first of many I am sure interviews with GGP's MD Shaun Day, congratulations and well done for an amazing interview Liam and looking forward to part 2 in much anticipation!
Download Link:
https://www.mediafire.com/file/nkw1bxzcbxj61gf/Notes_from_GGPHelp_Interview_with_Liam_-_Part_1_-_25_May_2022.pdf/file
Interview Link:
https://www.youtube.com/watch?v=Ja7ERAlsxQg