Member Info for PaddyGall

It's been hinted at a couple of times by Sandeep as well as "open-stoping" and "block-caving".

We need to wait for the PFS to see the actual numbers on the doors TBF.

ATB - Paddy

@Bagpuss - SLC stands for Su-Level Cave.
It's another underground bulk mining method. Needless to say Newcrest are experts in this type of extraction method also.

Better coverage than we've had from the armchair trader in the past.

https://www.thearmchairtrader.com/greatland-gold-drill-results-havieron-gold-copper-project/

Patience, patience and even more patience required.

It was ever thus, ATB Paddy

All joking aside - if those grades from HAD113 hold up at depth across the whole of the SE Sulphide zone then we're looking at 10Moz in that zone alone before we even talk about the breccias.

I agree with Merc - a little underwhelmed with the amount of holes but you can't argue with the grades and intersections - will we see anything different when the next set are released? I don't think so.

I'm chuffed to bits - Paddy

https://www.newcrest.com/sites/default/files/2021-06/210510_Newcrest%20June%202021%20Interim%20Exploration%20Update.pdf

Probably be more like 23:30 IMO.

Can I just say - good luck to all and sundry and regardless of what is reported tonight (I'm expecting it to be very good BTW), it is only another staging post on the road to production. Don't let anyone wind you up or get under your skin.

We will all be part owners of a Tier 1 mine in WA in the very near future - ATB Paddy

About 8:30am Melbourne time which translates to around 23:30pm BST.

Have a look at the Bllomberg terminal screenshots on here - they are slightly out of date but probably not too far off the marl TBF.

https://twitter.com/paddygall1/status/1353683701746556929?s=20

ATB - Paddy

Thanks @JerseyCrew - need to get a nice steaming hot cuppa before reading this.

I must admit when I initially saw the 25p target I was a little perturbed but on reflection I'm inclined to agree with Jerseycrew's summation with the caveat that I haven't seen the note - only the snippets that he has posted.

Reading between the lines, it seems that our brokers are struggling to get to a suitable valuation using the metrics that they would normally use to recommend the stick to their institutional clients. I guess that because GGP has always been the PI's darling stock gives them this valuation problem.

Their problem is our opportunity, you can see they desperately want to rate us much higher but their hands are tied, this gives the more nimble PI who is willing to take the risk the opportunity to get in ahead of the herd IMO.

GLA Paddy

The other strips are on different days @rotherby, even Sandeep can't order up clouds on the days that the satellite flies over our section - just a bit of bad luck for the past few weeks. I have a clear view on planet.com from yesterday and all is still good.

Nothing earth-shattering to report on step-outs at the moment but keeping a close eye on that prepared pad up near the explosives magazine. Expecting them to start there sometime in July if not before.

ATB - Paddy

Morning all - no more sleeps to go until we see a little more of the complete picture at Havieron. It's like the bonus catchphrase - every 6 weeks another square is taken away and we can guess a little bit better at the overall size but we may need the centre square to be removed before we can have a good stab at it.

Anyway - Mother Nature is up to no good this morning again as all we have is a sea of cloud obscuring the desert in WA again today. Mind you - I'm sure the workers out there will be glad of a bit of shade from the sun.

https://apps.sentinel-hub.com/eo-browser/?zoom=12&lat=-21.75918&lng=122.48898&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F42924c6c-257a-4d04-9b8e-36387513a99c&datasetId=S2L1C&fromTime=2021-06-09T00%3A00%3A00.000Z&toTime=2021-06-09T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR

Catch up with you guys a little later - Paddy

Seems like everyone who wants in at the moment is already holding. The "hot" trading money is probably sitting on the sidelines waiting to see what the results are tomorrow night before deciding what to do on Thursday.
Happy to see it build very slowly with nice sticky strong hands as opposed to the weaker guys/gals who will bolt for the door at the first sign of any perceived bad results - I say perceived because even Callum has described the results at Scallywag as strongly indicating the nearby presence of an orebody.

Here's to H2 of 2021, I have a feeling it's going to be a lot better for the LTH's that H1.

ATB - Paddy

I agree WF - Shaun Day would definitely want to be the one to announce the drill results first. I'm pretty sure that's how it works for Antipa at the moment. They release an ANN when there are any results from their JV with NCM and then NCM will include that in their 6 weekly update.

ATB - Paddy

Shhhh, Shhhh
It's, oh, so quiet
Shhhh Shhhh
It's, oh, so still
Shhhh Shhhh
You're all alone
Shhh Shhh
And so peaceful until...

Not long to wait now

For anyone who has forgotten or not seen this interview with Shaw & Partners analyst Peter O Connor then this is worth 10mins of your time and remember this was released last July.

https://www.youtube.com/watch?v=BeyZ6oQ_O1U

GLA - Paddy

Newcrest are doing a presentation to one of their brokers Shaw & Partners this week in Melbourne.

https://twitter.com/DebraG_Robins/status/1401713899607523329?s=20

Debra is a senior investment adviser at Shaw & Partners - interesting that they are presenting on Thursday - right after the interims are released that morning, just saying....

ATB - Paddy

Will we get a revised target price Mickey if gold gets too $24K ??

All I "see" are the drill results every 6/7 weeks, the satellite images that show the progress on the ground, the speed that Newcrest are working at, the CEO from Newcrest bigging up Havieron at every opportunity.

Sure we all like a bit of confirmation bias every once and a while and there are plenty of rumours / snippets that we can make to fit the narrative if we so wish but all the above are irrefutable facts for Havieron only.

Then take our prospective ground in the Paterson, Canning, Panorama, Ernest Giles, etc, etc and marry that with a new hungry CEO whose stated ambition is to build a multi-asset, multi-billion pound company then I can't think of many other places I would like to park both my safe funds and my speculative funds.

The last 2/3 years have been very good to me but I can see the next 2/3 being just as good, albeit with the usual rollercoaster trajectory along the way.

GLA - Paddy

What we really want is the tube to double in size......