Member Info for antigua18

Wondering if news is imminent and its last chance saloon to drive the price down. Wouldn’t be surprised if they drive it down to the 5’s to take out any stops before their games up.

In regard to this new parent company, who will own it? Will it be shareholders or will we only own the current GGP part?

All this is a consequence to what Rio did to the aboriginal site they blew up. It’s hardly surprising things have changed in order to prevent big business trampling all over the locals. We have a good relationship with the aboriginal people, which is possibly another reason we got such a good deal in the recent Rio JV.

I like a good conspiracy theory as much as the next person, but any suggestion there is a Hav sell in the air is nothing more than pure speculation.

Think about it, people say they are too busy sorting the NCM buyout and don’t have time to put an updated resource out, yet have the time to be working on a sale of a single asset. The same people imply that NCM/NEM are deliberately going to mislead shareholders with a lower valuation of HAV in order to offload and GGP are going to withhold or delay any resource update to get one over on NCM and get it on the cheap.

Rational thinking is needed, let’s see what happens when the NCM sale goes through and as indicated by NEM, they will evaluate their acquisition at some point in the future.

Just to clarify that I’m talking about the rumours of Telfer sale and not the video guys opinion.

Telfer is worthless without Hav and we have first dibs on NCM’s 70%. On that basis why would any company buy Telfer and take on the responsibility for a dead mine. We could if pushed, build our own facility, at great cost and time as SD has said in the past. Not the best solution, but achievable non the less, it would also be an up to date plant rather than a old one that would be on site and not 55km away.

That said, I don’t see NEM selling Telfer, not when there’s every chance of more discoveries nearby. NCM may want to sell but NEM will take their time in my view and won’t be rushed.

Also a quick search of Telfer sale on Google tells you all you need to know, as speculation has been around for years, especially in 2015. So in my view it’s another piece released to possibly cause uncertainty.

Should have said in my opinion.

Also don’t know why all of a sudden when I post a message the site or my iPad changes any capitals to lower case, so frustrating.

thanks for sharing tig. reading between the lines, shaun must be pulling his hair out, figuratively speaking of co**** 😂, ncm have put him in a difficult position to which the frustration is clear in the the replies to the emails. the guy comes across as such a great bloke and plays the corporate game so well. he probably would love to say what he really thinks but always comes across as polite and not to publicly criticise our partners. it’s such a shame ncm don’t show him some courtesy. we may be a small partner, but a partner non the less.

i would love to say i hope they get their just rewards when dealing with other jv partners as a result of their behaviour, alas i will have to be content to see them erased from future history once they are swallowed up by newmont.

Hi Speedy, I did think after I posted it that it may cause offence to your good self, apologies as it wasn’t aimed at you, but the ones who complain about someone raising a discussion they have no interest in and ridiculing the poster. You clearly enjoy talk of gold and while it’s not necessarily relevant at this time. It will be in the very near future when we’re dragging it out.

Your a good contributor on here, long may it continue.

TT, so am I to understand all talk should be fixed strictly on positives alone and nobody should stray from the path of enlightenment and anyone that does shall face the fury of the righteous.

For my part I’ve not been critical of SD or the Bod although I have been clear that I wanted an updated resource, thankfully Shaun has listened to me and is beavering away as we speak 😂

On a serious note, there’s not much our side can do until NCM/NEM pull their finger out. The merger will be complex, but not our concern. Furthermore we should expect that whoever takes control they should honour the JV, ffs we will be pulling ore out shortly and officially it’s not even called a mine and instead still exploration.

One final point in regard to “ regurgitating the same old nonsense”, I think all topics have been discussed to death, the one most talk about discussion ad infinitum, is the topic of rising gold prices, literally every day with predictions of a upcoming breakout. Same talk for the past five years, guess what, I’m still waiting.

The continued date slippage of the milestones we’re waiting for is damaging for us in the short term.

My investment in GGP is for the chance of a once in a lifetime event, as many of us feel, for us to make life changing gains. Whilst it could still happen, I feel the shine may be starting to come off and we’re in danger of it slipping through our fingers. Apart from the GDXJ buy and Pi interest it’s has gone backwards and become stuck. Even with all these new position being taken the share price stubbornly refuses to move.

So with that in mind, are we expecting a great change when on the ASX or more of the same. Is it a case that we’re trading considerable share price growth for a boring dividend payer years down the line as we transition to a miner.

If we’re honest, how many of us hold shares we consider undervalued, that the market doesn’t understand. The world of investing has changes massively since I started and not for the better, at least not for the average Joe. These days it’s all about control and manipulation, rather than fundamentals.

Although it’s a downbeat assessment I will continue to hold in the hope the lassonde curve proves itself or we continue our exploration success in other areas.

GGP has great potential if we can evade the thieves trying to take it from us.

The hypocrisy on here at times is laughable, it’s ok for posters to say Hav is a 20moz deposit with literally no hard evidence, and that’s ok, yet anyone asks for clarity and Resource update on what’s been drilled/discovered in the past year and half is called out as impatient.

Added all the total BS with folks saying they are content with the share price is unbelievable. I trust SD and the BOD but that doesn’t mean I’m happy to constantly see my investment kicked around and go nowhere due to the lack of crucial updates.

To be clear, I’m not critical of Shaun and team but feel it’s time for the info that was promised last year to finally give some comfort to long suffering shareholders. Given the lack of enthusiasm shown by our so called partners I do fear that the FS and Dtm could be delayed indefinitely. After all they have plenty of spare cash, but our funding relies on the FS and Dtm.

I’m not sure what our side can do about this, but the risk is there.

There shouldn’t be any secrets by either party, considering they both sit on the JV panel. Further more the rest of the mining community will have some idea of the size of HAV given the regular updates. The only ones that don’t know is the humble shareholders. I don’t include the insto’s as they will probably get more flesh on the bone, due to size of holdings.

It’s lunacy to imply we can pull the wool over their eyes and get Hav on the cheap or that newcrest/Newmont won’t want fair market value if it were for sale.

MH, he definitely is going rogue, SD said he hoped to be aligned in future on updates.

NCM barely acknowledged the last one we put out, my guess being they were none too happy.

All credit to GGP for doing such a good job.

That was to Toffers

As I’ve said earlier, technically NCM could be in breach, although unsure of ASX rules. How can you put results under the heading as of June 23 and not update anything given they have been drilling like mad, surely it should read the same as the last resource update June 22.

In light of this, however, it’s clear they have not singled us out.

I’m not sure going forward that we are not working together on producing the resource upgrade, watching today’s interview I’d be interested if someone asked SD outright if that’s the case, otherwise why would NCM accept the results of our own then use in the FS.

interesting in regard to shaun’s proactive interview this morning, andrew scott asks whether our future resource upgrade will feed into the feasibility study to which he replies “that is the intent”. how could he possibly know that if we’re going rogue on an update, after all we have little or no control of fs. could that be a slip up on shaun’s part or him telling us they have agreement, i have no doubt he’s being genuine in his answer.

it’s been chrystal clear that ncm have no interest in helping us in anyway as demonstrated by their behaviour in the last couple of years. unless of co**** he knows more than he’s letting on.

Growth drilling was completed months ago, so no doubt in my mind that both parties know full well what an updated Resource would look like. To my knowledge there’s no more drilling until they get down to the target depth for underground exploration.

Most on here tell us repeatedly that companies are not allowed to withhold information from the market, in fact our resource is so far out of date now that it’s an absolute joke. So out of curiosity, how do they explain these events?

Also, let’s not forget the MRE wasn’t updated by NCM’s last year results either.

I thought about emailing GGP about my anger and frustration last night, but thought twice as they probably have enough on their hands at the moment trying to sort this mess.

Plenty of time down the line to vent when things become a little clearer.

How do we know Newmont aren’t behind all this. No resource update, No Fs, No DTM and absolutely no idea if and when they will be released, yet we could be pulling ore out early next year. Share price on its knees and being held, so it’s reasonable to think something going on behind the scenes, possibly someone accumulating? Literally everything being done to keep us low.