Member Info for Bamps21

I see I am getting a lot of stick for expressing my opinions.

As I've said that was my first sell for the ones that are having ago how many have you sold.

In the first 2 months where was all the production coming from to beat guidance? What effect did the extended maintenance period have in November? What effect has 10 days power outage had?

You won't get anymore heads up from me that's it

As I said I'm still bullish just see a blip.

From March guidance should be beaten

I think the analysts will knock it if they only get 45koz

Together with the extended maintenance period this is how I got 45koz:-

5-6 weeks down time on the plant would mean we will miss the 80koz as previous quarters but could be in line with estimated forecast.

I think it could be down to 45koz

13 weeks per quarter is c6,000oz per week

7 - 8 weeks processing is 42k-48koz

There's a lot on Facebook apparently about the power outages.

The power plant is running again but the processing hasn't restarted.

Still working the open pits though and stockpiling.

That big machine will make a huge impact when it arrives

I've decided to top slice this morning, think the timing was right for me .

First time I've sold apart from the Starvest deal which was different.

Hi TT

There's been issues with Telfer since the TH especially that big lightening storm and power outages. Bound to cause production hiccups.

Full guidance

260-280koz

Sep 81koz

Dec 45koz

March 55koz

June 80koz

Only my thoughts

Still within the lower end of guidance but could take a knock until March.

From March

Big machine due

Stage 7 stripping coming to an end more ore coming out

ESC and Tarkin coming on line

This quarter for me was always going to be tough production wise, I would restrain yourselves from getting out of your depth and over optimistic.

I'm still bullish but think production guidance will be a tough target this quarter and maybe next.

Hi Tom

I don't see the point of selling at the moment many of us haven’t accumulated as many as you have. The amount of news coming in the next 6 months is tremendous although recent weather events out there might be a hiccup.

Only my opinion of course but there is still a lot of upside and I haven’t taken a free ride yet .

Have a great Xmas

Hi dealts you would be very welcome. Not many that come do know about mining, there are a lot of different expertises amongst us. It is an enjoyable experience and chance to talk to others.

Hi dealts

Really enjoy meeting people, the next 4 months are nearly planned out , we don’t plan to advertise any apart from Sheffield in April which has plenty of room. We have more people wanting to come than the venues can take. We are looking at one bigger venue see what happens with that.

Hi Peters

Thanks for that I hope you have great Xmas with your family, the ride is starting to pay off.

Telfer storms

See here:-

https://www.ggpchat.co.uk/viewtopic.php?t=1224

You may have to log in if it says you haven't the permissions to view.

Magical time of the year again with the shortest day.

It's been 6 years now since Newcrest reported their first drill results at Havieron, so in December 2019 the share price started to rise and hit 2p.

What followed was a very turbulent year. When Covid struck I got out of TW and Columbus energy and at least 10 others and went into Novacyt and other health tech getting out with profits topping up my Ggp that was rising steadily through the Summer. This is when I started posting here, defending Paddy from that vile Sicilian Kan.

Covid didn't affect the miners in WA that much and Ggp shares continued to rise, after further fantastic results from Newcrest. It reached 37p on Dec 24th 2020, how people sold then I don't know. I actually bought a few around 33p.

2021 wasn't a good year for the sp with a steep decline but it was actually a fantastic year for newsflow. At the end we saw Gervaise leave and Shaun being appointed.

The PFS and MMRE gave glimpses of what to expect time wise and I had in my head that 2025 would be a good year from the PFS guidance. That has happened but for completely different reasons.

Shaun arriving in 2022 taking over a company with no money, they kept that mighty quiet. His 3 years was spent unpicking the Newcrest shenanigans and then their takeover by Newmont and then buying Telfer and Havieron.

These highs and lows are now behind us.

A couple of years ago the Money of mine podcast did a piece on who would be buying Telfer and the inference would Ggp buy it or themselves get bought. It was a bit derogatory towards Ggp and our shareholders boards. They just didn't get it and I'm sure they still don't fully understand what is happening with Ggp. They certainly don't understand our enthusiasm but it's their loss.

Anyway 2026 can only be a year of certain growth especially regarding at least 190,000m of drilling to be announced in the next 6 months.

A huge workload, huge profits, a high capex and high ounces of gold coming out.

Bring it on 🙂

Good luck all and enjoy your Christmas.

Hi TT

All those early results just scratched the surface really. If you look at the results Callum looked to be hoping to find the basement rocks. This area is about what's in the basement rocks Callum didn't drill deep enough , a lot of grid drilling and downhole Survey work.

If you at that link I posted earlier it will be similar to the Mt Magnet area which is full of open pits except that EG has a lot of cover.

The new survey highlights where these pits might be. The quantity of the Banded Iron formations BIF is very exciting as gold can be found in all of the Greenstone belt mines where granite has intruded. It's the contact between the two types of geology where gold accumulates.

The anomalous copper results are in the cover so not of any significance.

Images I've added this morning:-

https://www.ggpchat.co.uk/viewtopic.php?p=6992#p6992

The Westin licence has 2 main targets Mammoth and Recurve . There's a few drills by Rincon not many.

A smaller deposit on the West is Defender this was aircore drilled end of 2022 together with Julia on another licence to the NW.

In between these 2 is Grace owned by Paterson Resources.

This is Goldworms favourite and you can see why by the passed drilling results. They have just drilled it again completing it this week, awaiting assays.

https://app.sharelinktechnologies.com/announcement/asx/a40ae176a0a49af9b9f1addb0f0a16ca

At 69koz MRE inferred that's bigger than Hasties MRE.

Is this another jv incoming? 🙂

Well done TT

Sskyla yes most definitely to hear me waffling on 🤣

Hi Roo

This was my last post on Ggpchat about EG there's a lot of other stuff I've posted on it:-

https://www.ggpchat.co.uk/viewtopic.php?t=1213