Member Info for PaddyGall

Lol Jerry,
Tried that one already but he's having none of it.

Hi tig,
I will try to put something together tonight - I am desperate to start it now but I think the gaffer might not be too impressed as I'm working in the office today and not from home unfortunately.
ATB - Paddy

I know AC said a while back in the Artemis release that he would be doing a site visit to their Armada prospect - I'm guessing that he stopped off at Havieron while he was out there.

Easy to get a photo like that with a drone. I guess he would have run it by GH before tweeting that photo out - excitement should build between now and the results update.

GLA - Paddy

I'd say it's very recent MS.
All the latest pads from the satellite images are on there and even one that wasn't on the last image

Paddy

Looks like they have prepared another drill site in the SW corner as well since the satellite image last week.

You can see the original line of 4, the 2 to the North and 1 to the South of that line, but there appears to be a newly prepared pad to the South and West also - Interesting

Saved the picture and zoomed in as best as possible. Interesting that even though they have said they are cracking on with the infill drilling the majority of rigs are definitely concentrating on the SW-NE trajectory drills.

I can count 3 rigs in the SW corner, at least 1 in the NE corner and 1 in the middle (near the supply camp), that's 5/6 concentrating on that region.

ATB - Paddy

Have a look at the latest Tweet from Primorus this morning.

https://twitter.com/priminvestments/status/1237271903619801089?s=20

Cracking picture of the Havieron sight from the West looking East. You can see the position of all the drill rigs

ATB - Paddy

I agree Spy and I think NCM are definitely a good partner and up to now have behaved impeccably but circumstances change and with the situation as it is now I suppose all options could be on the table.

Another week or so to the interim updates - bring it on.

The only worry I have is this would be a perfect opportunity for NCM to come in with an undervalue offer for the whole of GGP. In this climate people would probably be happy to take a half reasonable offer - I want to see what that MRE states at the end of the year.

GLA - Paddy

Wouldn't like to guess how big (not publicly anyway) pacman - but I expect it to be a lot clearer after the next update.

We should see some results from the step-out holes in the NW region (they started drilling there in December) which will IMO extend the size of the deposit further and I'd expect an updated target from Numis in quick succession after the results.

ATB - Paddy

I'd imagine after MRE drilling is complete they will be continuing with the step outs and they will need more drilling for the actual feasibility studies

Cheers Paddy

"At Havieron, an additional 20,000 to 30,000 metres of drilling is planned by Newcrest in the
six months to 30 June 2020 to support the potential delivery of a maiden resource by the end
of calendar year 2020. In line with this, Newcrest has already commenced a number of
environmental, geotechnical and metallurgical studies to support the delivery of a resource
and future permitting requirements. Furthermore, Newcrest is investigating the potential to
commence an exploration decline at Havieron by the end of calendar year 2020 and
commercial production within the subsequent two to three years."

So the additional drilling at Havieron is targeted to be complete by June 30th - that's a lot of drilling in the next 3 months.

Slightly more detail in the "Half Yearly Report" in the "Financial Results" section of the website

https://greatlandgold.com/wp-content/uploads/2014/01/GGP-Interim-results-March-2020.pdf

"Drilling at Scallywag is targeted to commence by the end of April 2020, subject to approvals
and weather conditions. This will initially focus on three primary targets: Kraken, London and
Blackbeard. Once completed, Greatland expects to drill test other high-priority targets
including Parlay in the Black Hills licence as well as Goliath and Los Diablos in Paterson Range
East. More details regarding the drilling programme at Scallywag will be provided once plans
are finalised. "

Looks like Black Hills will be getting more attention this summer as well as PRE. We should see more details on the drilling programme for Scallywag soon also.

Loads of newsflow to come - Paddy

Nice upbeat interview - sounds like they have been doing their homework on the Scallywag targets that they want to concentrate on first. If even one of either Kraken, London or Blackbeard comes up trumps then it's all bets off for GGP.

Good place to be in - lets see what NCM can conjure up at Havieron next.

ATB - Paddy

https://www.brrmedia.co.uk/broadcasts/5e660c5e9672d83b98777a42/greatland-gold-interim-results-interview

GLA Paddy

Good summary of the RNS from this morning

https://www.proactiveinvestors.co.uk/companies/amp/news/914547?__twitter_impression=true

Tick tock - Paddy

Well that was a nice RNS to read this morning amid all the doom & gloom.

"Our team has spent the last few months planning a comprehensive campaign across these targets and we are well capitalised to make further strong progress throughout the year."

Further AEM survey at all Paterson prospects in early April.
Drilling at Scallywag to start at the end of April - that was what we all expected really.
Well capitalised with £4 million at the end of December and another £2 million from warrant conversions since then.

NCM interim results probably next week and the next quarterly at the end of April.

Lots to look forward to.

ATB - Paddy

Bored at work this afternoon - bit of musings on Twitter

https://twitter.com/paddygall1/status/1235957045515431936?s=20

Good weekend to all - Paddy

Have a listen to this interview from mid - January again. Remember this was prior to the last set of results.

https://www.brrmedia.co.uk/broadcasts/5e1eae1efb21a407ce74cd35/event/?previewEventId=5e1eae1efb21a407ce74cd35

GLA - Paddy

100% of both mine & my wife's ISA's - only 85% of my SIPP though lol - average 1.3p

Where else is there anything with the potential we have here and it looks like around 5ish p is the bottom (for now).
No brainer for me - Paddy