Member Info for Bamps21

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Laid flat 🙂

Hi Ricardo

I don’t know whether I got to meet you at the TH I met so many new faces.

The reefs are strata and originally would have been laid , continental movement pressure created anticlines and synclines. There are 2 anticlines at Telfer and they converge just to the north of west dome pit.

The mineralisation came after these formations were formed along structural cracks. The main dome first and then later west dome.

There's no likelihood that mineralisation is continuous between the 2 anticlines especially not in the synclines but there are positions where they might be joined and looks like this may happen at the convergence.

Mineralisation could occur continuously along the ridge of the anticlines but maybe trapped or rise to the higher levels when they hit a fault line.

There are many reefs at Telfer maybe 80 most may not be viable depending on thickness.

I've been to all the Town halls I think that was number 10 but could be mistaken.

I've never come across a share like this before with so many shareholders turning up and they were of all ages. I'm really pleased there were a lot of youngsters there, well they were younger than me anyway. Good to meet that group of Irish guys too, could have done with subtitles 🤣

Hi pj

I liked Shaun's answer to someone who asked why don't you hold on to some gold for when the price rises.

We've got a shed load under the ground why do we want to hang on to it.🙂

Hi Tom

The biggest thing I believe that came out of last weeks meeting was about the WDD. Only 2 or 3 brokers have recognised it in their prices.

There are 10 brokers with Ggp recommendations so at least 7 will have to rerate.

I don't know but I feel a WDD RNS will come out in February.

Mid January- the December quarterly

February the WDD news

March/April the MRE and Quarterly

All tremendous news.

At the last few meetings I have been asked for advice on what to do with their shares. I don't mind pointing people to information to form their own opinions.

I am not and I stress not a financial advisor, I like to inform people of a companies assets .

My " strong buy" opinion above is my own opinion of where I think the share price is heading. Everybody's investments are their own decisions .

This morning I had a small company which has been in a loss position for sometime and I sold with a small profit.

I decided to put my money where my mouth is and bought more Ggp, it's showing as a sell the price looks to be rising. Wasn't a lot but I see more profit here.

Exciting times ahead 🙂

Remember what Shaun says about entry into the ASX 100 will have difficulties and he didn't want to go down that route. A lot of fund managers on the ASX200 and 300 will have to exit Ggp if they go on 100

The continuation of the Rey anomaly in the Main Dome Lower mine doesn't look that big but the copper % looks tremendous . Just as an example 5.1m @ 7.9% and there's others at 2 to 3%.

This will be coming out in the next 6 months.

Loads happening all round the mine some real quality stuff.

Hi Holt

Next years meetings haven't been confirmed yet, I'm hoping to confirm a Malvern event for February then. A maximum of 45 it's likely to be full prior to advertising it. You need to register with Rotherby or Sureasblazes.

Stroud will be in March and June similarly that could be full very quickly .

Rotherby is trying to fit one in at Sheffield again in April.

A Theale one might be in July hopefully outside again

That's about it at the moment.

With Shaun's remarks saying everywhere they drill they're hitting gold in the ESC and keeps going down.

Conservative dimensions could be 1500m long x 50m dia gives about 8.4m tons. At 1.2mt being produced at the moment from the whole of the Main Dome Underground that gives a mine life of at least 7 years.

At 2g/t would be around 500,000oz that doesn't include the ESC upper orebody.

Hard to know what the average grades will end up as but we've heard rumours the central zone could be 5 g/t but I haven’t seen that in the logs yet.

I worked on an average of 2g/t but that could double 3 to 4 g/t

Hi Speedie

The dimensions have been fluctuating.

Guessing 700m x 400m x 20m x 2.8 x 2 g/t works out at 1moz

The extension we found of 300m could put that to 1.5moz

Then there's this WSC underneath and the MVR and M reefs above so as Goldworm says 3m + looks on the cards.

In Shaun's message to me this morning he called it "exceptional".

Quite rightly so.

3 or 4 monsters 🤣

"Monster from the Deeps"

The new blockbuster for 2026

At a mine nowhere near you 🤣

What are people referring to by the gap, this stems back to the admin document and the 15 month mine plan all of that was processing.

The underground mine would have finished Sept/Oct had it not been for the "hand to mouth" / drill to operations routine. This is continuing but the time spread between drill and operations has lengthened giving the team to target further areas. This situation is getting better and better underground as time goes on.

The open pit is a different story, the West Dome pit would have finished by now, it relied on highish grade ore from stage 2 and 8. This bulk of ore could be seen in last years photos which I've shown in my presentations, by March this had practically gone and stage 2 took precedence in the base of the pit. This would have been ok but the cyclone flooded this stage and it was suspended. This meant production relied on the high grade ROM stockpiles which there were about 6 piles totalling about 9mt. These made up the shortfall while stage 2 got back in production, this is continuing at the moment. These ROM piles were due to last till March but were depleted for the reasons outlined.

Starting next June FY27 stage 7 was due to take over plus the use of the low grade stockpiles these have increased in tonnage overtime.

There is a theoretical gap between March and June.

Shaun seems to be suggesting the low grade ores from 7 which have become viable with rising prices instead of being sent to the dump mound they are being processed straight away. This is what Shaun is referring to when he says they are saving on costs by using these rather than the stockpiles.

The so called gap is being filled by low grade from stage 7.

FY27 main ore supply will come from stage 7 and the remnants of stage 2 where the base is diminishing in size plus the low grade stockpiles which are specifically on the west side of the West dome pit.

It will be hard to maintain 70-80koz per quarter using the low grades.

stage 7 cutback will be completed by June or before then 2 years of production while stage 2 extension cutbacks start and take 12-18 months or so to complete before the huge zone can start.

Hope that's as clear as mud 🤣

Hi Mrblue

Sorry you couldn't make it.

I hope you cancelled with the organisers, I was looking at the costs for these venues thinking it my do for are own gatherings.

The costs for us were prohibitive at £55 per head.

It has to be O'Callaghans as they are just about to drill it to test the extension.

Shaun's remarks confused me on the video as he states O'Callaghan was fully drilled out by Newcrest. A PFS though can't be fully drilled out it needs infill drilling for full confidence estimates.

Hi Monty

I asked Shaun seems ages ago about Scallywag when the London target failed and is it a dead duck. He replied definitely not still lot to do there. The problem is it's way down the list.

The silver there I would say is probably not viable although a great intercept. It looks like a supergene that's overspilled down a fault line with loose open grained fill. Only my opinion.

We did have silver elsewhere but we've relinquished (or about to) licences with it. Telfer and Havieron have tiny silver quantities probably nothing much in the way of value.

I was struggling in the room trying to listen to Shaun but there was so much noise from everyone I gave up trying. Near the end I managed to say hello to Rowan and Strudel said this is Bamps, he replied ah your Bamps thank you for everything you do. 🤭

I told you all in 2021 Havieron was going to be "MASSIVE "

Now do you believe me 🤣🤣

I've tried to explain the thoughts behind the mine plan as talked about last night plus some of my thoughts from 2023

See here:-

https://www.ggpchat.co.uk/viewtopic.php?p=6965#p6965