+1 here Matty - I know you've be more patient than a lot on here.
Anything in double figures would be awesome - if GH is serious (as I believe he is) about building the business then I would be prepared to leave a substantial chunk of my SIPP money invested in here for the long term.
Who knows what the outcome will be but if the Westin prospect and the RIO prospect prove up then it would a nice place to be piggy-in-the-middle. That parcel of land would not be subject to our first refusal offer with Newcrest either I would assume.
I'm sure there will be lots of horse trading going on in the background but again it shows that GGP are deft on their feet to secure valuable prospects for the company.
Just looking at the diagram on the twitter post from you on #GGP. I don't know if you saw the post I put on here a few weeks ago about the new license application that GGP has got lodged at the moment. The pink tenement just below Havieron is belonging to RIO but the one just below that and directly above the Westin prospect is the one that GGP are currently in the process of tying up. So now all the prospects from Paterson Range East right down to this Westin Prospect are shared between GGP, RIO and Artemis.
Only guessing but it probably to do with the tweet that they put out just before about a cost blow out in Mongolia - maybe they are inferring that the cost blow out would go a long way in the Paterson...….
Hi HAT, If it's not a coincidence then what? There's a bit of chatter on ADVFN about a raise coming - do you think that's a possibility / probability here?
RE: Big growth coming in Paterson15 Jul 2019 16:21
Agree 100% Prospector - so much going on there now - I think everyone is starting to realise now looking at the historical data that there was always gold/copper there but they didn't go deep enough at the time because there were easier low hanging fruits to be exploited. With all the new exploration tools that can pinpoint the deeper gold more accurately and the more efficient caving and extraction methods then somewhere like the Paterson in mining friendly Western Australia is a no-brianer.
I don't care how long it takes to see true value here - I am holding on for the end game.
If you look at both these images then the one at the bottom circled in black in the new survey results is the Outamind target that you can see in the regional picture.
Interesting that it looks very similar to the Havieron image in the Antipa magnetic survey that was published a while back and if you look at the depth contour lines the depth to basement is in the same range as Havieron.