Member Info for aim999

I wonder if we see the the SP starting with a 6 today and the price of gold +1900?

Interesting that all the main gold shares on the ASX had an excellent day (including Newcrest, goldroad, northern star, Bellevue westgold, de grey to name a few +3-5% and a few higher). Maybe the investor presentation and roadshow has led some to suspect a placement is on the way

I don’t think it matters if Newcrest have first right of refusal or not. They won’t want it as they have found nothing

Agree seriously skint …..lots of sheep here who only want to hear good news. Reality too much ramping from the pumping crew ( we all know who the resident ‘experts’ are). The results are pretty poor and the market reaction reflects that (even with the efforts of the pumpers).

There goes another 2.9m brown tickets followed by another 1m brown tickets ….. maybe the pumpers are getting out

Someone just dumped 2.3m of those brown tickets

You mean brown tickets

Tier 2 is the definition from Newcrest ( 70% owner)

Tier 2

Too much ramping on here from so called experts ( just like bitcoiners - who shoot down anyone who doesn’t agree ).

If you want to see a Tier 1 Aussie asset look at de grey in the Patterson and compare yourself

Sherry is Tier 1 while havieron continues to be Tier 2. All as per the Newcrest half year.

I’m not sure Shaun gets a move. Newcrest hold all the cards…

I wouldn’t put your house on it!
Newcrest seem more focussed on Cadia, brucejack and redchris - these they consider Tier 1 assets
Telfer and havieron seem low down the list as their only Tier2 asset.
They even highlight the telfer expansion LOM extension to 2025 with further potential to extend with open pit and underground. I’m assuming at lower capex than Haverion. They will keep milking telfer as long while diverting investment to their highest return projects….like most businesses
So keep your house! No jam here for sometime

Surprised not more interest here…..nice base and dividend

Considering awaiting news and where this company operates I suspect a bit of chatter and speculation….we shall wait and see if news comes

A bit of life here all of a sudden…… someone in the know?

Similar results at scallywag if I recall……basically nothing

Significantly anomalous Au with Bi-Te-Sb pathfinder geochemistry intersected in SWD001 at the Swan target:

§ 2.6m @ 0.19g/t Au from 35.4m AND 3m @ 0.19g/t Au from 430m in Swan hole SWD001, associated with broad zones of strongly anomalous Bi-Te-Sb pathfinders;

§ Anomalous gold and pathfinders identified in three further holes at the Swan and Barbossa West prospects

§ 7m @ 0.10g/t Au from 18m in Swan hole SWD003

§ 1m @ 0.48g/t Au from 384m in Swan hole SWD002

§ 1m @ 0.20g/t Au from 296m in Barbossa West hole BWD001

§ Ground EM survey completed identifying eight promising EM conductor plates in four targets, including two plates adjacent to Swan hole SWD001 above, representing potential higher grade mineralisation proximal to the anomalism identified at Swan to date

I recall they found nothing as well in 2021…I can’t imagine Newcrest will waste anymore money on another round

§ All assay results have been received for the first phase of Juri JV drilling programme on the Paterson Range East and Black Hills tenements (which form the Juri JV with Newcrest)

§ Mineralisation found at Black Hills hole BHD003:

§ 7.9m @ 0.16g/t Au from 157m (incl. 1m @ 51ppm As)

§ 6m @ 0.14g/t Au from 178m

§ 7.85m @ 0.18g/t Au from 191.15m (incl. 0.9m @ 24ppm Bi; 4.9m @ 26ppm As)

§ 7.3m @ 0.13g/t Au from 208m

The problem for GGP is it is a one trick pony with Newcrest holding the reins. Making exploration important …. Don’t shoot me down

So they found nothing……

Anomalous gold mineralisation with strong Bismuth (Bi) associations was intersected at Black Hills hole BHRD004:

§ 4m @ 0.42g/t Au from 381m (incl. 1m @ 1.09g/t Au & 253ppm Bi from 384m)

§ 6m @ 0.15g/t Au from 38m

§ 3m @ 0.19g/t Au from 249m

§ 4m @ 0.11g/t Au from 397m

One thing on our side is the gold price that is going from strength to strength (external). We just need these jokers to get some out of the ground. If they get things together there is some hope of a recovery. I note the tweet they posted indicating things on track. They need to spend time on the job at hand and not messing about with the gold council and other pet projects. They should also offload that bunkerhill stake that never made any sense. They should also offload some of the management to save costs (what value has come from a strategy director??? ). I’m sure we will have a better idea of the direction we are heading in 2023 soon.