Member Info for Bamps21

Hi Bobrad

The distances shown on the last couple of RNSs in my opinion don’t tie up with what they’ve shown us.

For instance from the last known advance to the hold point they’re showing 110m vertical depth to 80m, so 30m at a gradient of 1:7 is 210m. They’re saying they’ve advanced 80m between RNSs.

I asked Shaun by email and couldn’t see how they could be at the hold point. His reply was swift that he can confirm they are at the hold point.

At 1:7 those distances quoted are way out.

Just have to accept what he’s telling us.

https://www.ggpchat.co.uk/viewtopic.php?t=729&start=20

Shaun has stated the Decline will reach the ore in the third quarter.

That doesn’t mean they will be producing at that point.

There are 2 stages for the Decline getting to the ore :-

1 completion of the exploration decline down to the base of the Permian cover

2 the production decline and infrastructure to get to the first stoping level including the ventilation shafts and fan unit plus all relevant drives prior to stoping.

There will be some development Ore as the drives go through the ore, that’s not a great amount and also ore coming from the stope drive’s possibly this time next year.

Ore is likely to be stacked on the ROM pad waiting for suitable quantities for transport to commence.

In last years Bell Potters conference Shaun stated

The Q&A at the end

“think we'll be really able to narrow down that timeframe and that's part of the optimization process is try to minimize that time between first ore and the transition to free cash flow.”

They won’t be buying we’ve been all through this before.

When asked at the Town Hall he is the middle of funding a house purchase and kids schooling.

Share options are part of their salaries they don’t need to buy.

The wording about the vent works is a bit ambiguous in my mind.

They’ve completed the vent works enough to get the Decline to the base of the cover.

They can’t complete the vent works to the base of the cover without going through the aquifer.

In my mind they haven’t finished it but have done enough for the Decline to proceed, I’m expecting NEM to announce the restarting on the 22nd in their announcement will make them look good.

No sign of the fan at surface yet I’ve been watching the satellite images for that, think it will be in place for the production phase of the Decline infrastructure.

NEM have joint venture with Caterpillar to provide automated services underground at Tanami and Boddington.

I’m expecting this will happen at Havieron in the interim I think Byrnecut will have an extended contract till this takes place.

“one of the really exciting things about developing a new mine is all of the best grade, all of the best years of Havieron is ahead of it and we will go straight into that SE Crescent which runs you know ballpark four grams, so 3.7 grams presently in that reserve and we think that walks up a little bit

- the so… when we think about and that and there's probably around you know 15 years of mining already delineated around that and that SE Crescent continues to grow but this can be a 2-3 plus decade mine life and when you do that you start tracking down into or broadening into those Eastern breccia and Northern breccia zones ”

Last years notes

Very interesting

https://www.ggpchat.co.uk/viewtopic.php?t=662

Tier 1’s keep on giving

https://www.ggpchat.co.uk/viewtopic.php?p=5244#p5244

Latest images

https://www.ggpchat.co.uk/viewtopic.php?t=777

Oops

https://www.ggpchat.co.uk/viewtopic.php?p=5242#p5242

Latest images

Telfer dams

https://www.ggpchat.co.uk/viewtopic.php?t=873

These tailings are not like Telfer.

Telfer tailings have a crack , liquids don’t crack. They’re more like a stodgy porridge.

The tailings dam has not slumped, they stopped further tailings placing so the dam could be inspected and remedial works carried out.

When the Cadia dam collapsed a few years ago the tailings stayed where they were just slumping a bit and the breach went into the lower tailings pond. Which is a similar situation at Telfer, the fault in the dam is adjacent the lower pond where Havieron tailings will end up.

Neighbours Westar reporting showing gold anomalies into Panorama one is 200g/t

https://www.ggpchat.co.uk/viewtopic.php?t=428

No I’m 21 🤣

Hi Goggles

You said that not me, I was referring to Newmont keeping it.

For me it’s not for sale, I don’t want Newmonts paper deal. I believe Newcrest shareholders got short changed made worse by the NEM sp decline. Newcrest board just wanted out.

As a group we are in a strong position 🙂

Looking at the Newmont web site under the Australian section there’s 4 areas mentioned

Cadia

Boddington

Tanami

Telfer

I personally think that will dismiss rumours that they will dispose of it.

As for obtaining information from it going forward it won’t be easy, it’s very basic.

Latest image from the 9th Feb

https://www.ggpchat.co.uk/viewtopic.php?t=777

There’s some changes to the end of the exploration Decline in the last 3D image from the March 23 image

https://www.ggpchat.co.uk/viewtopic.php?p=5230#p5230

Hi Red

Meadows has the potential to be Tier 1 if it has at least 5moz even if it is split into 1moz camps

Just a bit of fun from 3 years ago

https://ggphelp.co.uk/brew-with-bottle-bamps-3-1/

This came out of my head 5 minutes before we started 🙂