Member Info for PaddyGall

Kempey,

Surely the 5% refers to the fair market value of Havieron which IMO should just be a cash payment to GGP or have I misunderstood?

Keeping an eye out for the satellite update but nothing so far.

ATB Paddy

Hey Chartbuster - did you see my tweet from earlier?

Looks like your fan-drilling at depth theory was correct - I wonder if they will revisit any existing holes and repeat this procedure.

ATB - Paddy

Cheers Les - It's definitely a possibility. We could do with getting the resources in place before any other lockdowns occur as you said.

Where are you working yourself? - I hope you are keeping safe - Paddy

https://twitter.com/paddygall1/status/1242750798712504321?s=20

GLA - Paddy

Sorry Spy - I know nothing more than the rest of you, the same thing we've all known for the last 18 months - we are sitting literally on a gold mine. Hopefully now the general market will start to wake up to the fact and not just the faithful few on here.

GLA - we deserve it - Paddy

Just plotted the "areas of disturbance" that I noticed yesterday onto Google Earth to see what they looked like in relation to the existing holes and results.

https://twitter.com/paddygall1/status/1242738048254836736?s=20

Looks to me very likely that they are areas that have been cleared for future drill pads - the step-out looks consistent with the one in the NW and the follow the trendline of the previous ones.

Looks like NCM may have found work for those extra rigs that CB was on about yesterday.

GLA - Paddy

In reality stage 3 activities have already started. Ask the work that is going on in the background to obtain the permits required to allow the exploration decline could really be associated with the pre-feasibility study phase of the farm-in.

They won't officially start stage 3 until the second $10 million is spent and NCM own their 40% stake but for all intents and purposes they are well into stage 3 already.

ATB Paddy

Lol :-) :-) , I wish. Got plenty of GGP stashed away though.

Anyone for another blue day hopefully.

GLA Paddy

The gold market is all over the shop tonight.
Gold Spot price is at $1637 - https://uk.investing.com/currencies/xau-usd
Gold Futures is at $1694 - https://uk.investing.com/commodities/gold

Agreed Coach - there's a lot more pressing issues in the world ATM.

Keep safe and well everyone - Paddy

Dunno mate - I guess it's personal choice.

Even Kitco is showing gold spot price at $1,666 now
https://www.kitco.com/

Cheers - Paddy

https://uk.investing.com/commodities/gold

Stout - Gold futures has just broken $1,650 - it's up $80 in this session already

I don't mind schlemiel - if it helps one of us - it helps us all.

GLA - Paddy

sent

It'll never look quite like that MFU as we won't have an open pit operation at Havieron - all you will see will be a big subsidence hole in the ground where it collapses on itself as they remove the ore from 1,000m underground.

Google "Cadia Subsidence images" for an idea of what it might look like - Paddy

Hi OT - yes mate that would complete the horse-shoe. Then it's on to complete the other horse-shoe to complete the "dome".

Exciting times - Paddy

Look at this Tweet from Ed Mead from 4 hours ago.

https://twitter.com/paddygall1/status/1242375620295876613?s=20

Even they are intimating that Havieron will become the long life feed for Telfer - Paddy

Hi CB

https://twitter.com/paddygall1/status/1242373000739119117?s=20

Maybe they are getting these pads ready for the new rigs when they arrive on site - Paddy

Artemis block to the North, South & East of Havieron. I've just had a quick measure up and the distances below are from our drilling to the borders.

North - our most northerly hole to Artemis border - 1.9kms
East - our most Easterly hole to Artemis border - 2.5kms
South - our most Southerly hole to Artemis border - 2.5kms

There's still a long way to go before we even approach the Artemis prospect.