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Is Sandeep. CEO of Newcrest. He has persuaded the board of Newcrest a major Gold Miner to invest Hundreds of millions of US dollars, to build Infrastructure at Hav, undertake serious amounts of infill and growth drilling and extend the life of Telfer by undertaking new mining activity in a mine that he was going to close. Without a PFS...
Hydrogen has nothing on him!!
Great choice! If Margarita is cooking then it's bound to be good. (Had it a many times myself). I hope you've booked though - though you might be able to get a seat in the pub area!
Cheers.
Dragons blood pie made from shorters :))
I'll ask my agents to keep an eye out for you! I know a lot of the bar staff quite well....Are you eating at all or just in for a beer?
....... to record a company voting intention..... Received today.
Tig
Thank you for your recent enquiry and please accept my apologies for the delayed response.
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Corporate Actions
Hi Flashy
The Rose & Crown is a hit and miss pub now on a Monday. Tonight will be in the Swan by you
Thanks Bamps, Hydrogen and all, for your replies.
I can but dream of a trail of mineralisation formed across our licences, as the landmass moved over a mantle plume, 50 million years ago, then 49 million years , then 48 million years, etc.
Clearing my desk this morning I came across some previous scribblings .....
No more apt than now.
Will-I-am ; The Lindford Bard ; My XV111 Sonnet to a GGP
Shall I compare thee as thy SP warms,
Thou art more lively , far less a ghastly red than blue.
Rough winds do tree shake with the market storms,
But summers hopes now hailed ; Good news rolls in to view.
Sometimes you spike and sometimes heaven shines,
But now less frequent is this Gold complexion dimmed,
And whils'st we all do dream of deep declines,
We know that Sandeep and SD have plans untrimmed.
For certain our eternal summer will not fade,
And will not shed that gain that we are owed.
Nor will we grieve should SP sometime trim a shade.
When we all know we travel on that gold lit road.
So long as we can breathe , and all our eyes can see,
So long lives this, our expectations for our GGP.
An iambic pentameter, with 4 line quatrains, and rhyming couplet ending.
If investment is something you must,
If you really don't want to go bust,
If your wife has ambition,
And you no contrition,
Then GGP is the one you can trust.
Tig
Or Tony Beets.
Looks like Santa GGP will be generous this year too!
So looking forward to the release of the PFS tonight and the inevitable slew of data that will be produced by NCM to support it, but remember it's only another staging post on the road to production. Shaun has been at pains to remind investors that the PFS will only contain drilling up to March this year and that was the infill drilling to enable the inferred MRE to be upgraded to indicated.
None of the "growth drilling" that we have seen so far will be included tonight - there may be incremental improvements in the size and quality of the inferred MRE as the infill drilling was successful in proving the continuity of grades in the breccias surrounding the sulphides was good.
The major changes in the MRE will come with the inferred JORC update in December as advised by Shaun in an earlier interview - the good thing about tonight will be that for once and for all any doubt that Havieron will ultimately become a mine will be well and truly dispelled and it "MAY" give the green light for certain instos to take the plunge.
Even then the inferred upgrade in December will be miles behind the curve too - especially if those comments from Dr Brett Davis last week are anything to go by.
""The Havieron deposit in north Western Australia is a beautiful deposit with amazing world-class textures. This is a relatively new discovery and much of the geological detail hasn't reached the public yet, but when it does, people will be seriously impressed."
I'm thinking that Havieron will be seriously impressing people for many, many years to come. Good Luck for tonight / tomorrow people - although I don't believe we will need it.
Hannam analyst values GGP stake in Havieron to $1.28bn in its latest report, putting a 100% NPV value of $4.26bn. Lets see what Newcrest will say tonight.
You do deserve an equally enormous prize for your efforts here Bamps.
Once the ore is up and out of the decline how do you see it being delivered the "few km" up the road to Telfer? Granted the decline will be the bottleneck but I'd imagine moving multiple millions of tonnes of ore to Telfer is going to be a substantial cost. Is it feasible to truck 2m+ tonnes of ore? Could a train track/conveyor be up and running in the next 18 months?
Just got rid of a poor performer to top up in ggp many thanks to the usual culprits bamps, hydrogen paddy etc you have been inspirational.
So as it stands them the circa 6 point rise end of last week remains held. But not currently increasing much.
As said at the weekend. Come back Wednesday/Thursday, after a day or so to settle the dust. We will then see the fall out short term, & if the PFS is enough to hold it still. Or hopefully increase it. Or if the usual pull back results.
But for now the uber pumpers can pump. The de-rampers deramp. It makes little odds to some off us, as the market will ultimately be the judge.
Personally though I am fairly content it's not taken off on one again yet today. That would very much signal the buy on rumour, sell on news crowd are pressing the FOMO keys ready for the sell off.
Steady away suits me & suspect a few others?
Cheers.
Nice to see the slow upward movement in the s.p. If this continues I think this may follow the trajectory Ggp s.p followed when the good drilling at Hav, results came in. Nice.
Slowly upwards but steady.
Good on you Bamps! You down the R&C tonight for a pre-presentation beer? Cheers
Be interesting to see what happens this afternoon, hopefully we may see 23p by close. ???? Tomorrow will be very interesting up to close, may we get to 25p by close I wonder !!!!!
Very tight spread ATM.
GLA
Tom :-)))
where is parker schnable when you need him?
Can see you're excited Bamps! Looking forward to your analysis. GLA
I’m not a one for share price predicting all I’m interested in is the potential for growth as this is the main share price mover.
Havieron itself is the main growth story , who would have thought 3 years ago that it would be this big today.
The sp certainly hasn’t been keeping up with the drilling programme it always seems to be 6-9 months behind
I don’t believe the market has taken in what the Eastern breccia has to offer it could be a tier 1 on it’s own. I mean 342m @2g/t is way more than Rick Rule says is needed to be of value.
18 months ago the talk here was will it reach 7m and 500m tons and I think the sp is still stuck around that zone, well in reality it’s possibly more than double those figures.
In 12 months time the whole scenario will have changed and Havieron will still be giving.
Tier 1’s keep on giving
And World Class give more
Bamps, appreciate the reply, just some of the companies I'm invested in have P/E anything from 30x - +100x so we could see many multiples of current sp once in production.
atb mate.
It is indeed very exciting times. A momentous day in the history of this company. Well done to all shareholders and many thanks to all those whole provide valuable information on the company on these and other platforms.
Hi Mike
The $10m per month average revenue will have a huge impact on our share price.
Really hoping the PFS will inform us of future mining plans and a second Decline needed
Exciting times
Bamps agree, with regards to the sp do you think once producing the P/E maxim will have a positive effect on sp?
atb