Member Info for PaddyGall

Agreed Speedie and I've got a decent amount in my ISA also, the SIPP was a very tax efficient way of me taking profits out of the company at the end of the year, then GGP came along and 1200% later I'm smashing the LTA.

I might write to GH to complain :-)))) Still got 3 years before I can get my lump sum out and crystallise the fund - God knows where it will be by then - nice problem to have, Paddy

TimberTrader is of course absolutely spot on - we are all excited about Scallywag (me included) but everything we have up to now from Hannam has been based on Havieron (with a token amount added in for the other Paterson tenements) purely.

And we know that Havieron continues to grow at depth and width and not only that the continuity and grades seem to be increasing with every set of results that come in. Not putting a damper on it because I believe that GH & CB would not be wasting money at this particular time without good reason but Havieron on it's own will be a game changer for us all IMO.

ATB - Paddy

Instead of moaning - go back and read the releases, notes, etc, etc.

Sometimes we miss things that are staring us in the face. I noticed this after re-reading this morning, could explain why they are so excited about the "Northern" breccia - maybe it's turning into the Northern/Southern breccia at depth.

https://twitter.com/paddygall1/status/1308690627790622720?s=20

GLA - Paddy

Spratt - I suppose that could be the inference from the discussions and that's what I base my thinking on. It's by no means definitive though, it's only a blurry image taken from space so still a degree of guesswork I'm afraid.
Cheers.

Hi Spratt - yes I spotted it yesterday mate.

https://twitter.com/paddygall1/status/1308282363634360321?s=20

ATB - Paddy

Agreed Spy - this time 18 months ago you could describe it as high risk and that's why we could buy in sub 2p. This is as de-risked now as it is possible to be. Just remains to see how big Havieron grows to and whether or not we are successful at our other prospects.

Still sitting on the hands - Paddy

@hollamatronic - no way, not before we get to put some drills into them to see what's down there first. What price would you put on Goliath or Los Diablos or Parly without first testing it. Newcrest would want these for pretty much nothing as part of a deal.

Hi antigua - it was in their presentation for Denver yesterday

https://www.newcrest.com/sites/default/files/2020-09/200921_Denver%20Gold%20Forum%20-%20Presentation.pdf

Paddy

IMO antigua - that was because they hold first refusal rights over those tenements. They didn't include Rudell which is the only GGP license that they don't possess right of refusal over.

ATB - Paddy

Had I better get a big eraser as well just in case some of the threads overstep the mark again tomorrow or maybe a blackboard duster lolz....

@Bamps - here is the paragraph from the H&P report.

Change in specific gravity: Based on newly provided information to us,
the typical specific gravity of the Havieron high-grade sulphide ores is 3.1 t/m
versus the previously used 2.85 t/m3

I read that as purely the high grade ore which would include the chalcopyrites IMO.

@Rup - is JBER the code for Berenberg? our joint broker who would be recommending us to their institutional clients..

I wonder why we haven't seen a note from them yet - perhaps waiting for their clients to get their fill at the trough first. I' not one for conspiracy theories but.........

ATB - Paddy

@GoldenI
If you look closely you can see another white line snaking it's way through Scallywag also. That is the current access track and the proposed road follows that pretty much exactly until it gets up to near the NW corner where SCAL001 is shown.

I guess this route would be the easiest geographically as the sand-dunes also run in that direction - helpful that it would be passing by other potential deposits though (winking face emoji)

@Rup
I intend being here for a while yet mate - a lot to look forward to.

- Broker Updates
- Scallywag AEM survey results
- Initial Scallywag results
- Next quarterly results from Newcrest
- MRE before the end of the calendar year
etc, etc.

I have done a little screenshot of the latest lay of the land with the most recent drill pad at London and the route of the proposed haul road on it here.

https://twitter.com/paddygall1/status/1308339772595806208?s=20

ATB - Paddy

@strudel

https://ibb.co/Q9kD2DQ

You can see from the overlay of the regional targets map the position of SCAL001 in relation to the depth contour lines (light blue). It is between the 0m - 100m lines but a lot closer to the 0m line. Interesting therefore that they appear to be drilling diamond core and as you say they've been up there for a long time now.

I'm sure we won't have too much longer to wait and find out - Paddy

Sentinel Update is in nice and early today.

https://twitter.com/paddygall1/status/1308282363634360321?s=20

Havieron - they appear to be continuing with the infill drilling (probably both laterally & at depth) because again we have seen only minimal rig movements in the last 5 days with a couple of rigs moving position but no new step-out pads.

Kraken - Seems to be finished here for the moment

London - They have started on a new drill-pad here located about 375m SE of the existing one at London

Extreme NW - What looks like a row of holes is still very evident up here and it also looks like there may have been some activity around the bend in the access track, it doesn't look like drilling activity - maybe some sort of ground clearance works??

So Scallywag activities are progressing nicely - shouldn't be too long to wait for the first set of results from there.

ATB - Paddy.

https://twitter.com/paddygall1/status/1308282363634360321?s=20

Well my AJ Bell account never updated from 21.4p after the shenanigans on Friday evening so according to my ISA account my GGP investment is up 13.08% today - happy days :-))))

You gotta love the games - ATB Paddy

PC2-3 is the panel caves at Cadia - JC.

Anyone submitting a question??

Very bullish on Havieron - it's obviously more focussed on Red Chris with the presentation at the Denver forum.
Lets see what gets top billing at the Diggers & Dealers next month in Kalgoorlie WA.

Hi TT, The video is just going live now - there appears to be a box on the bottom to allow you to submit a question if you like yourself.