Member Info for PaddyGall

Daveri - looks like they messed up the paperwork then - they are showing the 14m options @ 2.0p as having been exercised - it shows that figure in brackets - when it should have been the 14m @ 1.4p.

I just discounted the second set of 14m @ 2.0p as it was showing them as already exercised at the end of June 2020.

Sorry - Paddy

I don't think so Daveri - if you look at the financial statement from November

https://greatlandgold.com/wp-content/uploads/2014/01/GGP-Annual-Accounts-2020_FINAL.pdf

It shows GH having 14,000,000 @ 1.4p and the two sets of 9,000,000 @ 2.5p and 3.0p.

He exercised the 14m on the 16th June last year and obviously the other 2 sets of 9m today.

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/wv8573x

ATB - Paddy

It my opinion it was more than likely GH - if you look at the financial report from November he had 9m options @ 2.5p and @3p left to exercise.
As for timing - I guess he was under some form of time constraint to exercise them within a certain period after leaving his post.

Absolutely nothing concerning for me and happy to have the £495K added to the drilling fund.

ATB - Paddy

I think what Hydro was trying to say is that Telfer will also be processing the Havieron ore and as there are no significant differences between the Telfer & Havieron ore then it should be able to process it without any issues.

TBF - If this were going to be a issue then NCM would not be currently building the mine infrastructure out in the middle of nowhere. They will need bulk samples to run through the plant to get the flow working correctly but there can't be any fundamental issues IMO.

ATB - Paddy

There is a new sentinel image available this morning for anybody who is interested.

https://apps.sentinel-hub.com/eo-browser/?zoom=15&lat=-21.7199&lng=122.64188&themeId=DEFAULT-THEME&datasetId=S2L1C&fromTime=2021-04-05T00%3A00%3A00.000Z&toTime=2021-04-05T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F42924c6c-257a-4d04-9b8e-36387513a99c

I've done a small comparison video and posted it on Twitter here.

https://twitter.com/paddygall1/status/1378991927941603333?s=20

Looks like they have been busy consolidating all the roadways down near the box-cut area. It looks to me like they might well have started the portal into the face of the box-cut - you can see a darker shadow at that position when compared to the 31st - not conclusive evidence but I think the timing would be about right.

It looks like there is now a drill rig positioned on the step-out that we noticed earlier in the week and there appears to be a new sump pad appeared up on an old drill site next to Lake Havieron. I guess that will be attacking the Northern / Eastern breccias from the other angle.

All in all - a busy 5 days with progress keeping well up to the schedule IMO.

ATB - Paddy

Here's a link to the animation that I have done that Bamps is referring to. You can see where the A37 & A38 AEM survey results overlap the original Scallywag targets.

https://twitter.com/paddygall1/status/1378636785576783873?s=19

Have a great Easter Sunday everyone, Paddy

@greenhighlander - the "main camp" can cater for up to 250 people. I think that it will only be temporary and will house the workers required to construct the initial mine infrastructure. Once the mine is up and running I would imagine that the "shift" workers required to man the mine would be bussed in and out from the accommodation at Telfer. They have all the facilities there and it's only 45km. Once the proper road has been built it would only take them half an hour to commute.

I might be totally wrong but I'm thinking this would be the eventual plan.

ATB - Paddy

@Tymers - Obviously my info is not from an "official" channel but it is 100% verifiable and anyone who is interested or has the technical experience or know how can check for themselves. I know however that there are lots of people out there who can't / don't do this. I am doing the research 100% for my own peace of mind but am happy to share this with other investors. After all the II's and HNW's will be getting all this type of research done for them - I think it should be available to all investors in "our" company, anyone who is a shareholder owns a portion of the company after all.

As for crystal balls - I think Speedy was being a little bit cheeky - as you said no crystal ball is necessary, progress on the ground and from official channels continues to inform us that all is well and things are most definitely on track in WA.

GLA - Paddy

Just did a bit of a labelled up layout from the planet.com image that I got yesterday.

https://twitter.com/paddygall1/status/1378247967761653761?s=20

Shows the unbelievable progress that Newcrest have been making at Havieron right through the height of the Aussie summer in the Paterson. Anyone who doubts where this is going or the total commitment of Newcrest to this project then just one look at this should qualm any lingering doubts or fears.

Have a great weekend - Happy Easter All - Paddy

Another 1million print @ 19.25p gone through from 16:30 yesterday - we can all see the pattern, I'm not bothered - I can sit and wait for as long as is necessary.
Make the buggers stump up and pay properly to get a slice of "OUR" company.

Nice one Speedy,
I'll definitely be putting in for an allocation also.
Cheers Paddy

Hi TT, I think that your waters may be very right on this one.
I'm guessing we will be seeing those words printed on the next results in 4 weeks time and probably even after the PFS is formulated in September.
So very comfortable holding onto these for the very, very long term - ATB Paddy

Not if you've already allowed for them in your calculations Freddie.

Everyone knows all the warrants and options are going to be exercised. If you are sitting on 2.5p warrants are you going to let them expire when the SP is circa 20p.

Fully diluted the share count will be about 4.2billion shares - that's the figure I always use when I'm trying to work out any valuation on the company.

ATB - Paddy

They're not extra shares - they are converted warrants, we've know about these for almost 2 years now.

The progress on the box-cut looks pretty stunning also - you can almost make out the graduations on the different levels from the image today. Not long until the portal is formed and they begin the descent towards the good stuff.

https://twitter.com/paddygall1/status/1377559108300193796?s=20

ATB - Paddy

300m

https://twitter.com/paddygall1/status/1377552860435582984?s=20

Looks like the "growth" drilling program is stepping up a gear or two. We knew that they were drilling the Northern & Eastern breccias from existing drill pads - today I have spotted the first big step-out hole in a long time.

It's obvious that the Eastern breccia is hitting and they are now chasing it out to the North from the ovoid.

https://twitter.com/paddygall1/status/1377550949871403008?s=20

GLA - Paddy

Agreed TT - now is not the time to lose your nerve and capitulate. I'm guessing we will see some more large afterhours trades tonight or at some point tomorrow.

Suck it up people and make them stump up properly for their share in our company.

ATB - Paddy

Any of the LTHs that I am in touch with will back up this theory also - there are not too many people left to be panicked into selling and they need to be very careful as any drops now are being well bought into. This day 4 weeks to the next set of Havieron results, imminent start of Juri & Scallywag field work, Indicated MRE for the SE sulphide zone could drop anyday, possibility of the remaining Scallywag results to come anyday, any other left field news like we have had this week.

So much to look forward too - Paddy

Great news that Newcrest are prepared to drop in an MRE as soon as it's available and not wait for the quarterly update.

Could make things interesting if there are shorts open and we get a nice indicated MRE update at Havieron. We know NCM said the infill drilling program on the SE indicated zone was complete.

Might make people a little nervous over the coming weeks as we run up to the quarterly on the 29th

ATB Paddy