Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
We have boots on the ground exploring in quick succession. Yes we may have not found anything but we are gathering information to find the next havieron. We have lots of Tenements to explore. Im certain we will find another motherload. Just patience is required. All the while hav is ticking away closer to production in background.
Enjoy the ride :-D
Lets be conservative.
Say we get a £1000 per ounce the remaining is spent on cost to mine etc
So 1000 x 15 million ounce = 15 billion
30% of 15 billion = 4.5 billion to GGP
Thats 7x the current market cap.
And thats being Conservative.
We all know were sitting cushy here.
Just relax and enjoy rewards as and when that comes.
Peace!
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, becuase that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
https://www.newcrest.com/sites/default/files/2021-01/200128_Newcrest%20December%202020%20Quarterly%20Exploration%20Report.pdf
Alternatively there will be a rns tommorow from greatland.
Awsome news, beyond expectations :-D
Still want to know more about this comment:
"Further targets outside of Havieron, but within the joint venture area with Greatland Gold, have been identified with
the potential to conduct drilling to test these targets in the future"
Very interesting.
ATB
I'm gutted he's stepping down but knowing our great ceo, his actions are only going to make this company stronger as he has from the beginning.
Im guessing he won't be selling any of his shares which tells us all we need to know :-D
Gervaise I hope to meet you 1 day soon in the future and to give you my thanks in person.
Incredible job
"It is a measure of our growing reputation as a business that we are able to attract high-quality people to Greatland, and I am delighted to welcome Shaun to our Board as our Chief Executive Officer. Shaun brings extensive industry and regional experience as well as capital markets expertise and is a great addition to our strong management team. During his five years at Northern Star, one of Australia's largest gold miners, Shaun helped take the company from a similar size as Greatland to an approximate A$8bn market capitalisation, demonstrating his all-round expertise and suitability for the role. We look forward to working with him and benefitting from his extensive experience."
Great watch if no one has seen it. Gervais heddle even points out he doesn't no why the market hasn't reacted to the results!!
https://youtu.be/sM-O0VvTRus
Be an rns tommorow with deal done 100%
Watch this take off tommorow, more fool them selling and all you derampers, get a life and get in a share you care about instead of doom and gloom and scaremongering! DYOR
Grow up!
Ino sounds like suhail is his lover and he's caught him having an affair!
Relax