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Yeah right loads of cash burn since June on Havieron drilling . Nil metres drilled.

Get your finances in order financial whizz kid.

007 everybody else can see I did answer you, it’s just you’re too blinkered to see the truth

007 you have given no knowledgeable posts since you’ve been pestering me you can’t even 4 questions right.

Answer what dilution did Gervais leave for Shaun to sort.

You in your £1 profit I pity anybody who asks you for advice.

Also what damage did Gervais do to the sp when he left.

Get your facts straight next time

007 with sore ears stuck between the door frame

Hi TT

Just looked at the Ggp results for those holes

https://greatlandgold.com/wp-content/uploads/2020/02/20200204-GGP-Announcement-Warrentinna-Drilling-Results.pdf

It’s at Derby North not mentioned by FG1.

Just did a rough calc

150m long

100m wide

150m deep

@2g/t it makes 434,000oz

On average I’m suspecting it won’t get to 2g/t but if it does it’s going to be close to the 500,000 Jorc needed to trigger payment

It’s still open to the north and east.

Here they come trying to down the share price again who’s next ? Roy Hobbs I suppose or his other ego

The success at Ernest Giles to get the very first approval from that Native Title holder is one thing the likes of Rio and Wyloo and Newmont need.

Trust!

I also think Winu is still in the mix down the line.

Why?

Gone very quiet up there, they’re doing a bit of drilling here and there but having difficulty getting approvals to drill which looks like why the jv happened.

Wyloo and Ggp have been picking off licences up there.

Rio are quietly picking up the % of the Antipa jv with the junior not willing to pick up costa to explore.

I personally feel if Shaun succeeds with the current jv and become financially secure the Winu area and jv’s will be the next move after Telfer.

He mentioned Wyloo many times during the meeting, I think it’s obvious they will be involved in someway.

I don’t however believe Wyloo will be running it or take % of a jv , they will be investing for a quickish high return confident with Shaun running it.

Rio was mentioned earlier that won’t happen, they will be doing the same if Decka or something else comes good, they’re investing in Shaun to make them a return as they’re not gold producers.

I can also see Newmont doing the same retaining a small % not walking away entirely keeping a foothold in the venture

Hi Spades

I was stood by him when he said that, took me back a bit.

I wasn’t going to mention it.

You have to put that in context of the 2 scenarios he put forward

100% Newmont

100% Ggp

He said the jv is highly unlikely but he doesn’t know how it’s going to play out.

Selling the 30% he said one thing we could do with the money is giving shareholders 90% capital return leaving an exploration rump of a company that’s not something he wants to do.

A lot here will go yippee but 90% will not be a lot to each share, if there’s $500m less 10% about 9p.

I never came here for that.

He never mentioned about buying something else with the cash instead, well I never heard anything.

He wants to build a multibillion dollar company, he’s a deal maker, he doesn’t want to sell the 30%, he wants the 100% and he said 2 or 3 times we can afford it.

I said to him I’ve invested here for growth not dividends , I would have stayed with TW If I wanted dividends, there’s no growth of sp with that company .

A big find at Decka may change the Havieron scenario it will make Telfer more viable as a hub whoever owns it. Could be one reason Shaun jumped at it so quickly.

Shaun is not likely to make a name for himself at Wyloo or other majors in the way he wants to.

Nobody knows at this moment what is going to happen .

Https://www.ggpchat.co.uk/viewtopic.php?p=4722#p4722

The shares aren’t issued till the 29th for trading

Land access agreement

It’s been a very complicated process

See here :-

https://www.ggpchat.co.uk/viewtopic.php?t=799

What nonsense the rigs left Decka ages ago

Shaun is more keen on Decka as it’s a massive target

Pearl and A35 are supergene targets so not massive projects but the structures around and under the supergene are not known yet. They’re both proximal targets so they’re close to some source.

They may also have a hypergene underneath the supergene if there is a source down there pushing up minerals from below to the trap. This has definitely not been mentioned so far and my assumption on the situation

Listen in to GH :-

https://m.youtube.com/watch?v=52HAapKNNPQ

Hi Strudel

I hope you enjoyed the Town Hall meeting.

HAD005 but was it a lucky fluke or a measured drill, it’s not far from Had001 so they knew mineralisation was there.

The pad position and drill angle was spot on if it had been 50m to the east and a 70 degree angle it would have missed.

This is why I’m saying is 5 or 6 drills enough to pinpoint a target on Decka

HAD005 was the tenth drill

Hi MH

Goliath is another story.

When I met Callum he told me he couldn’t understand why they haven’t gone back to it.

He’s still keen on it.

First drill hit gold.

Arguments about that it’s too deep but the drill was targeting the magnetic intrusion that comes up through the gravity anomaly from the huge deeper magnetic anomaly.

Maybe they will come back to it I hope so but they’re looking for shallower finds ie Decka about 100m, stingray is about 200m

Should we get excited by Decka or not:-

Shaun still seems very keen on it.

The remark about the geologists high fiving in the office.

Rio hanging on to it for so long

Copper and bismuth found at Stingray by Rio.

RNS remarks about Peregenesis and potential pyrrhotite .

Sizes of Decka and Stingray are far larger than Havieron.

I’m reserving judgement until the drill results:-

My reasons for that:-

It’s sat on the same magnetic rock units as Zipa at one end and Outamind the other.

Nothing significant at Zipa and gold found too deep at Outamind.

Apollo is just off this unit but has found small amounts of mineralisation coming from it.

At this stage from what we have been informed by the company it looks a 50-50 chance.

It’s early stage exploration still and the size of these 2 targets are 2 to 3 times larger than Havieron.

2 holes at Stingray will that be enough to assess what’s there

There were 5 historical drills at Havieron all missing what was there in a much smaller area.

5 or 6 holes at Decka is that enough.

The downhole surveys should give added information for further drilling.

I’m expecting some mineralisation with future drills planned.

If there’s nothing there then Ggp could walk away from it and probably Rio will as well when the licence gets to the surrender date.

A good result though could complete the jv with Rio and a new jv of 51-49% will take over with Ggp being the Manager.

A good result though may make Newmont retain Ggp at Havieron and gain access to process Decka’s minerals.

Shaun said about 2 weeks for the assays.

Nervous time for Decka but Shaun is very keen on it so hopefully good news coming.

Ernest Giles is the last unexplored Archean greenstone belt in Australia.

Understanding greenstone belts:-

https://www.geologyforinvestors.com/gold-archean-greenstone-belts/#