Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The decline is flooded so badly they can only continue if they all wear scuba gear 😂😂😂
Run along DaveOhOhZero
Dave, you are so awesome.
Thankfully just followed your messiah Gervaise - bought some high but fortunately I understand average cost price and sold high - something you should have done and the likes of paddy -but you all got emotionally involved …private investors never learn their lesson!
Which one stated that SD would be sacked by spring. is it the chump that said GGP didnt know whats going on at telfer. ha ha ha.
They've come to tell us the company have got it wrong and the decline has actually flooded.
Very odd that arze skid and now duble oh dunce both show up on after a rise. are they wheeling out the daily doom squad again...lol
Speedy. It got deleted. Was not you.
The day has got boring on the trading side and at this rate, only one thing can happen the MMs will again slide the price.
Not surprised if this happens we are 1st of May, and they say: Sell in MAY and go AWAY, and don't come back until St. Leger Day,
Hi Spy. To whom are you referring? ATB Speedy
Just to add, I still, and will always remember, Sandeep Biswas's comments, from years ago now, when he clearly stated..
“So this (Havieron) mineralisation is quite different in many ways to what we are seeing in Telfer”
“For a start its much higher grade, I mean, we haven't seen these sort of grades at this sort of volume in the Paterson”
"The reason we are excited, and you've seen all the drill holes is that we have this high grade kind of what looks like a parabola on its side where we think that the first mining will start."
"Which will involve high grade stoping, which we will truck to Telfer. So this is, you know, 10 times the grade of what we're currently treating at Telfer."
So, no change there, except that we've subsequently drilled significantly deeper & further, and, as SB also said at the time, and is pretty much still true throughout, "Every drill hole we put in there finds more gold."
Cos the drill stopped it should have kept going
Now come on Bamps I am not buying that - it did keep going and we found the biggest motherlode of a all time but the government has classified it a state secret.
You know that.
5,500m is not that great amount but more than what we are used to.
Last years Budgiedown drilling was about 2,728m total drilling plus a bore hole not sure if that counts for A$1.1m.
Skylar, Wilki and Basel:- 2 drills each on the first 2 plus 6 drills on the 3 targets at Basel could see 3,000m.
They may be able to drill at Atlantis if timing is right with permissions and survey results, it on the way between Skylar and Basel.
If they don’t complete it this year , then next year looks odds on to get the 51%.
Intending to drill Skylar, Wilki and Basel in H2 24
What will happen if they drill 5,500m and spend A$6m (£3.117m)?
Rio can elect for a formal jv agreement and Phase 2 may not be needed
51% Ggp 49% Rio
If Rio doesn’t want a formal jv and not share the costs Ggp can gain 75% interest if they spend A$14m and complete 17,000m of drilling within 3 years of Stage 1 completion.
After Stage 2 they might not want it all and not wish to contribute, similar to what Antipa are doing on their jv with Rio giving up % of the jv instead of cash.
Let’s hope they find something after Rio pull out 🤣
How have you got the insider information again?!
Cos the drill stopped it should have kept going 🤣
Why didn’t we find more gold with had005, Bamps? I blame you. It’s always your fault according to some here 😂
Page 21 on the timeline.
Had 005 157m that’s from top of ore 6.75 g/t aueq grade.
That’s where the First Ore coming from, could be an underestimation reason being miners report conservative figures.
That’s a tremendous figure to start with 🙂.
Telfer needs HAV.
HAV doesn't necessarily need Telfer although it would be in our interests. It's also in NMs interests to try and package them given the restitution. So, if it's in their interests and ours a deal is there to be done that suits all.
I really like where we are right now and remain very confident in my anticipated outcome.
No mention of Justin Mathew, our new Principal, in the presentation. Wonder if they're trying to keep him hidden.
On paper I think that’s right. On what we know of the JV expressed as a Newcrest/Ggp intention.
Ggp uses measured terms.
“ Subject to a positive Feasibility Study and Decision to Mine, Havieron is intended to leverage the existing Telfer infrastructure and processing plant. Access to Telfer would de-risk the development and reduces capital expenditure.”
"Potential for the assets to be sold separately or together in a single transaction"
They can sell them together BUT and yes its a big but they have to be valued individually there is no guarantee the gold will be processed at Telfer.
The first time Newmont walked away, turned me into a multi-million share holder, that was dear Ernest. It looks like this time they could turn me into a multi-millionaire.
Maybe looking at companies they walk away from are a rich prospects.
TSVX:GUN for instance.
Still no borders, crazy gold price in a an even crazier world. (US to ban Russian Uranium)
Fill your boots ladies & gentlemen
Greatland Gold Fields £5+70%
Patiently waiting here for news the decline has restarted. Hopefully we get that news in the next couple of months.
Interestingly Chippy
I once asked Shaun if he’d like to buy Winu. He said he’d love to !
ATB
As we have known for a while we have gold equivalent of mineral resource of 8.2 AU eq. I noticed that from the small print it reads based off "gold equivalents (AuEq) based on assumed prices of US$1,400/oz Au and US$3.40/lb Cu". We are currently sitting on current prices approx. US$2300/oz Au and US$4.5/Ib Cu - Will companies raise the assumed prices?