The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Latest pic
https://www.ggpchat.co.uk/viewtopic.php?t=871
Looks little change from 26th could be the aquifer has depressurised
Hi TT
In the old mining plan there was an exploration decline right into the centre just into the ore body. Last March the new design wasn’t connected to it, so I am unsure what the intentions are now.
Two options:-
First one is as the old plan down from the top.
Second one wait until the Decline is lower and go in from the side.
I would have thought by the end of the year or early next. This phase of drilling will not get to the deep stuff, it will be a continual case of phased fan drilling all the way down.
I’ve put that slide on here :-
https://www.ggpchat.co.uk/viewtopic.php?p=5084#p5084
Well that note really showed up the infant state of the thinking around the shape , size and constituents of the ore body.
The Link zone not really understood is new and still evolving you can see in the slide of the opvm graph.
At Stroud in my slide show I showed that the sulphides have had to come up from below there was no gap zone, they were still looking for the tail.
They still haven’t showed a tail even today.
Now take a look at that note.
Link zone has a NSR $80.
That’s the same as the sulphides suggesting the tail is in there , sections of it are going to increase.
The Eastern Breccia will follow suit but at this moment is still too deep.
Havieron is still evolving, no matter how fast you want answers at this moment in time these unknown factors are effecting decisions and nothing will change that. The orebody information will keep changing.
I keep saying it and will say it again
“Tier 1 mines keep on giving”
The reserves were always due to come with the mine plan and FS.
Shaun issued what he could to keep some shareholders quiet, to give them what they wanted.
You can’t have it both ways, you couldn’t expect him to issue something then accuse him of not issuing it. Some of you were really unreasonable when not really understanding the process of what an MRE is all about and how it is put together .
I think Shaun explained the situation very well with the MRE.
The geologists have submitted a resource estimate and now we are waiting for a reserve estimate.
I kept on about this MRE would be immaterial to the share price and I got a lot of flack about that and I stated many times I would prefer the MRE to come out with the FS.
Well they’ve given you what you wanted but it wasn’t the whole story and that will be coming with the FS.
The reserves figure is the main and only figure that really counts and this is coming. It controls the mine plan.
This plan is likely to be revealed when the government approves the revision to the referral. This will come prior to the FS similar to the PFS, it’s due , it could come out at anytime.
hi pernickety
it’s the chemistry involved with processing titanium that’s very difficult. titanium reacts with oxygen very easily so you have to remove the oxygen by adding chlorides to turn into titanium tetrachloride. reagents are added either mg or sodium and heated in a ceramic furnace in an argon atmosphere the reagents are left in the **** leaving titanium.
burning titanium in air, it will catch alight and pouring water on it will make it burn more.
very costly process.
hi doozer
you need to research titanium dioxide, a mineral banned by the eu and uk from last august. a substance that has been widely used in toothpastes , gives the white colour.
another substance in toothpaste is the sls which is now banned i think which is the foaming agent.
very hard to find a toothpaste without these 2.
one is c****nogenic the other goes through the gums into the nervous system and affects the brain.
I know you’re supposed to make a wish but so going to happen here soon I didn’t know what to wish for first.
There’s a few licenses with modelling being worked on any one of these could drop in first.
I couldn’t think which would be first I suspect it will be Atlantis but they may not issue that without Stingray and Decca. I think those latter 2 will take time.
Scallywag will also take time if they’re interlinking the deep MT survey with the latest drilling results.
Strickland has to be high on the list and won’t be far away hopefully the heritage work must be near completion.
Canning could be the front runner if they have done that deep MT survey there linking it up with the historical consultant report.
Pascalle has been on the back burner for sometime, modelling may be well advanced.
They’ve been working at Panorama hopefully new modelling may be issued in the coming weeks.
EG they only finished drilling before Xmas so not expecting any modelling just yet.
Ones I’ve not heard about is Bromus, Juri jv, rest of Rio jv, Citadel Hill and Ashburton/ Yennarie.
Going to be action packed few months as no drilling programme has been announced yet.
Just remember they only need to reduce the water pressure not completely dry the aquifer out.
I’m waiting for the satellite image that shows the refilling taking longer , therefore showing the pressure is dropping.
The raise bore drilling rig was due to Telfer a month or so back, so hopefully is at Havieron now. The 2 vents to do aren’t very long and the drives to them must be nearly ready.
I would think a couple of weeks for these, the water pressures should be gone by then.
Lot of work happening at Scallywag next year 🙂
https://www.ggpchat.co.uk/viewtopic.php?p=5069#p5069
I don’t believe it will be a slow year, from last RNS just one instance
“Further work
The targeted electromagnetic plates were all successfully intersected, with generally very subtle petrophysical property changes or structural / mineralisation zones detected.
This round of drilling has provided a line of geological observations across the prospective Black Hills Anticline (Figure 2) after it plunges under cover to the south. The development of a two dimensional section across the anticline is in progress, which when combined with the final MT survey results will inform a broader three dimensional bedrock geology model of the Scallywag area including structure.
The objective of this work is to identify the prospective Telfer Member (which is not geophysically detectable) where it lies within structural traps under shallow to moderate cover. Any resultant blind Telfer-style ore body targets along with any confirmed MT conductors will be targeted for drilling.”
They’re still confident of finding a Telfer type ore body hiding deep down in Scallywag.