Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi James
Off hand I haven’t but in the first environmental submission they quote it in gigalitres.
Paddy showed me a submission extending the large pond practically doubling its size but I don’t think it will be required. The large pond did get filled with recent rain but not a great deal as you can still see the salts appearing as it’s drying between the images.
There are 6 boreholes pumping, if you had 1 bore hole the water would drain into it from an area forming a circle, so if you have 2 boreholes the area between the 2 would dry up leaving only the remainder to fill the bore holes.
With 6 the area between the 6 will dry up so the area where the Decline is should dry up first. Shaun eluded to the work being ahead of schedule but it’s all down to the hydrology calculations as to when they can recommence.
The PFS happened a couple of years ago showing a mine plan of 2m tons of ore per year.
It’s the FS we are waiting for, it doesn’t look like it will come on the 22nd Feb with Newmonts results. If it comes after June which has been intimated it will leave things tight with Byrnecut’s contract ending end of May.
It is only paperwork but we need the mine plan to proceed it has to be approved. This approval has been sought since the May application last year and a revision was submitted last November.
The main item this year is to get the Decline to the orebody safely and dewatering is a huge derisk to the project.
The Decision to Mine has already been taken by accelerating the Decline to the ore body it just needs rubber stamping.
They’re not going to sit there looking at gold ore and not start getting it out of the ground.
Latest images of the tailings dam
https://www.ggpchat.co.uk/viewtopic.php?p=5203#p5203
It takes 266,000 kWh to make one bitcoin, this is totally unsustainable. One disaster leading to electric blackout will be a catastrophe for holders of BC.
Greatland ore going nowhere bar Telfer to produce a shiny yellow brick that you can see and touch.
Hi MH
That depends how you look at it. The deal came about because Starvest were totally undervalued by the Markets, so buying in when they were low certainly got you more Ggp shares than buying directly.
It’s reduced my average considerably.
I can’t speak for others but I’m sitting on mine and the same in my wife’s account, she’s done well too. 🙂
We have another 500m or so to get to the ore, so at 5m per day ( roughly the last average) that’s 100 days, plus there’s roughly the same for the vent drives within the aquifer, so that’s about 6 months.
What we don’t know though is will they deploy additional workforce/ machines to bring it forward or the restart date.
Hi Chartarex
You seem to have a problem by these so called brigades.
Well I’m in the 20m oz brigade.
You say you don’t go on ifs.
Well the estimated breccia was shown when you did your calculations
https://greatlandgold.com/wp-content/uploads/2022/03/GGP-Growth-Update-Final.pdf
Page 7
Far right 3 cylinders are shown
1 = 2moz eq
2 = 4.4moz eq
3 = ? 8 to 10 x No2 = current estimated breccia as at October 21
I think you are being over the top by your “ utterly horrific abuse”
You get nothing like what is aimed at me
Hi Zoros
The amount of water entering the evaporation ponds have been witnessed to be reducing from the satellite images, I’m expecting these to have risen with the rain the other day. Less water coming out indicates the pressures has dropped in the aquifer.
I think they will be using these bore holes shown on this plan:-
https://www.ggpchat.co.uk/viewtopic.php?t=815
Hahy003,006 HaGy 008,009 and 011 I don’t know the other one.
Each bore hole will be pumping intermittently as the hole fills , if the pressures have dropped it will take longer to fill before pumps comes on.
The bore holes will be drawing water in an area around each hole, the ground between each borehole will dry up first and not be able to recharge so less water area will be draining eventually allowing work to recommence.
I couldn’t state for sure what date they will restart on but they will want the ventilation works well underway before they recommence.
We’ve seen a slight increase in the Decline length from last time as it stops just above the aquifer.
The vent works might take to the end of March with a fan installed at surface, I’ve been trying to see the satellite images for evidence of that, there was no sign on the 20th January image.
Shaun mentioned on Sunday that the dewatering was ahead of schedule, he’d only know that if it was depressurised, if the ponds were filling quickly then it wouldn’t be depressurised.
14 day weather forecast
https://www.yourweather.co.uk/weather_Telfer-Oceania-Australia-Western+Australia--1-505339.html
Https://announcements.asx.com.au/asxpdf/20240124/pdf/05zpljnnkplppt.pdf