Member Info for PaddyGall

I agree MH01 - Shaun has performed admirably up to now for me. He did the introduction video with LSE, he announced they had applied for the license (which looks great by the way) in the Canning and did a great interview after the 14/14 set of Havieron results from NCM.

GH has confirmed that he has been highly impressed with the professionalism of Shaun and said he had "hit the ground running".

He has been running insto roadshows hosted by Berenberg over the past few days - seems to me that he is doing everything in his power to put in place the building blocks for the future years.

Time & patience - same as always Paddy

reddirt - any time you are in this part of the world then let me know and I for one would be happy to share a few bevvies with you. I'm sure we can get some VB imported specially for the occasion.

ATB - Paddy

Hi reddirt - thanks for the update and good to hear you've still got your ear to the ground so to speak.

Seems we have a new senior exploration geologist on board too from Roger Speers profile on LinkedIn, seems to be a man with buckets of experience also.

https://www.linkedin.com/in/roger-speers-ba784913/?originalSubdomain=au

Should be a very exciting 2021 campaign with multiple sites underway and of course 65,000m of drilling to report from Havieron.

ATB - Paddy

Looks like somebody forgot to turn off the candy-floss machine in the Paterson today.

https://apps.sentinel-hub.com/eo-browser/?zoom=11&lat=-21.69858&lng=122.70081&themeId=DEFAULT-THEME&datasetId=S2L1C&fromTime=2021-03-21T00%3A00%3A00.000Z&toTime=2021-03-21T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F42924c6c-257a-4d04-9b8e-36387513a99c

Oh well - that's 2 in a row that have been cloudy, we should see a lot of progress by the time the next one is available.

Have a great Sunday - ATB Paddy

It seems that Sentinel have finally sorted out their data issues and the radar image from the 9th March is finally available.

https://apps.sentinel-hub.com/eo-browser/?zoom=14&lat=-21.72119&lng=122.62922&themeId=DEFAULT-THEME&datasetId=S1_AWS_IW_VVVH&fromTime=2021-03-09T00%3A00%3A00.000Z&toTime=2021-03-09T23%3A59%3A59.999Z&layerId=7_SAR-URBAN&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Ff2068f4f-3c75-42cf-84a1-42948340a846

No surprises - I can count 8 positions all centred around the site compound that would correlate with the 8 rigs that NCM advised were operational in the last update. You can make out lots of activity in the box-cut area also.

ATB - Paddy

I fully intend to keep on posting here as and when I do any research and to give any relevant opinions that I might have.

I won't be getting drawn into any bickering that is going on here though - I think there is enough of that going on without my tuppenith worth.

ATB - Paddy

We won't get speculative tweets from Shaun - Tymers, in the same way that we didn't get them from Gervaise whilst he was still on the board.

I welcome any input from Gervaise - as he is now officially the biggest private shareholder in the company and one who is very well connected then his fortunes are very much in line with us PI's.

ATB - Paddy

That tweet from Gervaise this morning makes perfect sense if you think about it - he is intimating that the growth drilling program has initially concentrated on the North West crescent and the Northern breccia. We know from recent satellite images that there hasn't appeared to be much new (step-out) activity and if they are concentrating on these areas then they will be able to target them using "wedge" holes from existing drill-pads.

When he says that he is looking forward to the next set of results then these could be very tasty and really start to explore the grades in the breccias - this could really start to give us a good idea of the ultimate size and grades that we could expect to see in the block cave.

Hopefully we will start to see some step-outs to the North East in the coming months as they begin to probe for the edges of the Eastern breccia also.

I think that Tweet this morning is very significant - lots of bread-crumbs from GH as usual.

ATB - Paddy

Well said Coach - unfortunately I'm not in a position to buy any more, the ammunition I had got expended at 28p, but as you say if this was a buy for people in the high 20's, early 30's then it is a screaming buy now but general market sentiment is a very powerful force and especially here on AIM.

But when the sentiment changes (and it will) then the move in the other direction will probably be just as swift.

ATB Paddy

Hi AM90 - I have seen predictions of up to 60 million shares that they will have to buy before cop tomorrow.

It is what it is, I never thought it would get this low again but there you go. I'm still listening to Shaun & Sandeep and still watching the daily progress on the decline / drilling and that is what ultimately will inform my trading decisions.

Long term, I am holding on to what I have and nothing that I've seen or heard can convince me to do otherwise at present.

ATB - Paddy

Happy St Patrick's Day to everyone,

Beannachtaí na Féile Pádraig oraibh.

Off to get my first vaccine shot this morning, good excuse for the headache at work tomorrow lol.

ATB - Paddy

There's a nice 2.5million trade @ 21.95p showing from 16:35

Happy to tell you @Tymers that I haven't bought one extra GGP share since Christmas, but I haven't sold one either so nothing to report.
I don't care what other people including yourself do with your shares - it's your own business as far as I'm concerned.

ATB - Paddy

@jdt1990 - not at all mate, we don't know for certain either way TBF. We were all expecting a massive transaction on the rebalance in December from the experience in September and it never happened that time. I think we will just have to watch and see how it plays out. I don't think the GDXJ holdings will update until after Friday regardless of whatever method they use.

It's still possible that they are for the GDXJ - when they first bought in last year we had these 8million buys every night and it transpired that there was an "appointed agent" (turned out to be the BOA) that were authorised to buy in the market in the week before the rebalance date to accumulate the shares which were then transferred over to the GDXJ in the closing auction on the Friday.

It's possible that this procedure is being used again this time - Paddy

I don't think anyone is frustrated other than short-term traders and unfortunately people who bought in the 30's who I feel for. Believe me - I know what it is like, I originally bought at 2p and then watched it drop to 0.5p after the Newmont walk, percentage wise a far bigger drop than we have suffered since Christmas, although my paper losses since Christmas dwarf the ones from back then.

I am still holding here as I always said the endgame was what it was all about for me - be that a buyout of Havieron / GGP or the start of the JV mining operation. The second option would be my preferred outcome as I'm in the lucky position of owning enough shares to make any sort of income quite substantial and I can see Havieron being a multi-decade mining operation.

Then look at all the opportunities that we are about to start to try and unearth over the coming weeks and months on both our 100% owned ground and the Juri JV ground. The potential is staggering.

@Jvetch is happy to buy and sell to realise a good return and hats off to him/her for that strategy, but I would prefer to stay invested while the journey continues.

ATB - Paddy

All the better if they were sells RTC - that would mean that the GDXJ would still need to acquire them before the end of the week.

Cheers Paddy

Fair point - it just seems a little bit weird to me that they would issue a recommendation on the very morning that we are due an update from Newcrest - maybe there is absolutely nothing in it and they just work to a timescale with their updates. Having said that up to now there has been no regular timings and wouldn't you expect some sort of update from them after the NCM/GGP official reports.

It just seems a little smelly to me - just my opinion of course.

Here's a link to the article on my Twitter page.

https://twitter.com/paddygall1/status/1371755326341517313?s=20

ATB - Paddy

It's been automatically censored by LSE - I'll put a Twitter post out and link to it here.

ATB - Paddy