The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thx Paddy.. note to myself .. it pays to read everything in these reports including the part below ... I tried to find how much of a discount they have applied to the share price but can't find it ..but 5% change in discount could have a 10p change in the share price.
Greatland has already made progress on another prospect in the district.
Within the Paterson district, Greatland has also agreed a farm-in arrangement with Newcrest for the Juri JV which comprises the Black Hills and Paterson Range East licences. Under the terms of the agreement, Newcrest can earn up to a 75% interest in the licences by spending up to A$20m over 5 years. Following results of Airborne Electromagnetic Survey data, Greatland has identified a number of targets which are being explored in the 2021 work program, which includes both drill testing and ground electromagnetic surveys to better define the area.
Early stage intercepts reported in late 2019 include:
? 13m @ 2.01g/t Au from 67m, including o 2m @ 7.38g/t Au from 77m
? 12m @ 1.38g/t Au from 32m, including o 1m @ 10.96g/t Au from 35m
i said this about a date i had on Saturday night Paddy
Man - this is an open goal, sit on hands, be patient and this will come good eventually.
Haha...nice one TT.
@Lenz - here's the download link that was posted here last week, I just tried it and it still works.
https://canaccordgenuity.bluematrix.com/sellside/EmailDocViewer?encrypt=5dc4db56-3083-470e-8fb1-c0c82abfe16d&mime=pdf&co=Canaccordgenuity&id=ca-internalresearchdistribution@canaccordgenuity.com&source=mail
ATB - Paddy
@Stu - ROG was a pretty special one - he didn't miss to many to be fair to him.
I've given up using normal measures. My Sipp is now measured in real GGP and GGPeq (The eq are the dividends and other shares I can reasonably trade to GGP in the short/medium term).
It's a nice number too!
Paddy do you have a link to that report ..thx
@:SAS - I think Paddy would prefer it was eggball and the goalkicker was a fella called Ronan O'Gara!
Market sentiment will turn into market fact at some point and that time gets closer with every day of the decline drilling. When that big old gold sovereign drops in investors eyes, I can see the SP returning in short order to previous highs and beyond. To use Paddy's analogy- not only is it an open goal - that goal is 90 metres wide and 50 metres tall! No Bale misses are going to happen here (with apologies to our Welsh investors!).
Don't worry SAS - I believe that Shaun's finishing is more akin to Ronaldo than Stirling.
Thanks for that Paddy. There is nothing like a gut feeling about something you believe in and my gut feeling all along is that Havieron in time would rival Kalgoolie’s Superpit.
Like you say “This is an open goal” so let’s just hope for our sake That the ball doesn’t end up at Stirling’s feet.
Canaccord have worked out that the drilling for the initial MRE (just the MRE sections so not including the breccias or the NW sulphide zones) has yielded 6.5 koz of AuEq per metre.
Overall drilling so far has yielded 6.5 koz per vertical metre, which we would expect
to increase as mineral zone targets which are lateral to the existing inferred resource
base are defined. This would seem a reasonable assumption to us, based upon the
very strong grades and continuity seen in the infill drilling programme so far this
calendar year, suggesting high probability of further lateral mineral resource
definition.
Then a little further down they have extrapolated this into the full 1,300 metres where mineralisation has been discovered,
Furthermore, the initial Mineral Resource Estimate shell is currently confined to only
halfway down the ~1,300m vertical depth of the known mineralisation (which remains
open), and recent growth drilling results suggest strong continuation of the grade
profile at depth.
We also note that even without assuming any improvement in the vertical oz/m profile
of the orebody, applying the 6.5koz/m vertical resource rate to the full known 1300m
of mineralisation would yield total gold resource of ~9Moz. Obviously an assumption
of even a modest increase in this rate (as further lateral targets are identified) could
potentially see the figure expand quickly.
So we are looking at roughly 9Moz of AuEq assuming there is no increase in grade (looks unlikely) and no lateral increase in size (again looks unlikely) and there is no further extensions below the 1,300m of mineralisation (again looking very unlikely).
This is just the MRE areas (SE Crescent and a limited section of the Northern breccia) and the adjacent breccia zones - We are not even contemplating any of the majority of the Northern breccia, the North West sulphide zone, the Eastern breccia and the deeper section of the SE sulphide zone.
Man - this is an open goal, sit on hands, be patient and this will come good eventually.
ATB - Paddy