focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The only people made anything from this company is Betts and mates. ( even the mining contractor as we know has lost…..as they say they haven’t had this type of problem before )
Uninvestable …. A never ending S H I T S H O W
In some ways I hope they go bust and Betts has to find a real job rather than sponge of shareholders
Someone else will pick up the assets so the workers will keep their jobs
Will anyone hire betts? Maybe his dad?
Bamps, you can’t compare hav to hemi. Firstly hemi is far bigger (+growing much faster), secondly massively cheaper to mine as the current resource is all open pit and they haven’t even looked underground. Yes it is 19.9% owned by gold road, they have deep pockets and hemi is the 3rd biggest undeveloped deposit globally so funding is no problem.
I thought it funny even the interviewer was bemused by the answer on the ASX listing ( I think he suggested a different answer to last time ) - even now you are overvalued compared to ASX piers which is why it would be dilutive to list on the ASX. Look at Spartan on SD chart ( the have a mill + 100% of a growing resource) or Bellevue that are now in production. GGP are way overvalued IMO.
Also I note it wasn’t touched upon that telfer would require a large capex investment to process hav ore or the capex to build a road ( and opex costs ) ……so not plug and play
So cut the ramping mate and DYOR
Responding nicely to the move in silver / gold …… hopefully the non-farms kick prices up not down …. In some ways a big day
Gold going great guns… $2,167, a new all time high occurring now on a daily basis
Something seriously wrong here dont you think.
I don’t understand the obsession of Bamps etc with this junk. Clearly the market sees it as a loser.
De Grey up +10% over the last month and this is down -16%…. The market is backing the tier 1 winners
It’s not a plug and play as the amateurs on here think ( crazy to that they think the banks will dish out 100’s millions on a greenfield project considering the risks ). Newmont will only deal with someone with the means and experience to manage the project and decommissioning liabilities. Like evolution, gold road, or northern star. Not a tin pot aim wanna be. Dilution to nothing is the only outcome
A lot of dumb stuff on here. Maybe ask today about the capex cost of the modifications to telfer, remember not all ore is the same ( in addition to buying telfer+ major modifications + building a road + working capital …….. not easy for GGP as they have no cash) …. People on here seem to think you just shovel it in and money pops out
I’m sure the glossy preso means CR coming to keep the lights on
A bit of window dressing by using AU Eq vs other projects…..cant compare it to Hemi that is a monster and open pit (i think 3rd biggest gold project in the world)
Also cautious when comparing to market caps of other Aussie producers and explorers (example spartan sitting below in market cap is 100% owned not a 30% share and they have a mill ready to go into production, as do most of the others & plenty of cash. Will have much lower production costs and is from surface). Not sure the ASX will buy it ….. let’s see what he has to say