RE: GGP19 May 2023 11:51
The share price is very painful , yes I bought in very low but I’ve also been buying at all levels. I’ve haven’t bought in to be bothered about day to day prices, I’ve bought in as an investment and still expecting many multiples of where the sp is today.
Do I expect some more pain probably, there’s too much uncertainty with this takeover business, after all it’s delayed the FS, MRE and DTM.
These are still coming no matter what the fudsters or the charts are saying.
The Decline is still continuing its path to the ore body.
The ASX listing is coming, maybe a further issue of shares, perhaps that is the point when the directors will buy in( that is certainly overdue).
The consultation period for the environmental report has ended and the dept has 28 days to issue its findings. The mining plan will then become available to view. They normally announce on a Monday morning, that might catch a few people out.
On site the infrastructure works are proceeding with the evaporation ponds being prepared in readiness when the Decline reaches the lower aquifer.
This aquifer is not the same as the other 2 higher ones, it’s very strong and it’s water content is a lot lower but it’s hypersaline meaning it can’t be used for anything so will go to it’s own pond for evaporation.
The Run of Mine pad is likely to start very soon, this is going to be quite large and will store the ore coming out ready for crushing and grinding before transported to Telfer. This is good smaller ore size will mean more ore in the wagons as less bulking factor.
Besides Havieron Pearl has 2 new pads ready to target those found last year and to confirm what we have.
I’m very optimistic with Pearl especially around those high concentrations.
Anyway this year was always going to be about getting the administration completed and finishing the infrastructure before the Decline gets to the ore.
Good luck to all investors are time is coming.
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