Member Info for Bamps21

Hi Speedie
I’ve decided to come to London, I wasn’t going to as I’m not sure there will be any new news.
I shall be heading for the Cheshire Cheese pub about 3.40pm with my friend , would have eaten but the burger last time was still frozen solid, the chips were ok though.
I hope we don’t miss the train back, we’ve nearly missed it twice now, once after Stuwoo dragged us into a pub In Paddington. Great time though

Thanks Rose
On that thread is also other licences
Citadel Hill which we are in the ballot with Fortesque.
Oak River where we’ve won the ballot
This has a gold/ silver with information I’ve picked up from Wishbones web site.

Wanman which we won in the ballot and now approved.
If you look at the plan you can pick out the geology shown in brown, this goes through Antipas land and on into Blackhills .
Taking a look at Blackhills historical drilling results there is a layer of shallow gold results, this could stretch up into Wanman
On one plan you can see drill BHB1103 which has 24m @ 0.35g/t it seems quite consistent.
https://ggpchat.co.uk/viewtopic.php?t=311

First Ore will be copper dominated
See here my analysis on forecasts and log sheets
https://ggpchat.co.uk/viewtopic.php?p=3480#p3480
Copper price steadily rising

Hmmm 20m bit behind the times:))

That’s allowing for an AISC $1000 when we’ve been told $643 plus a bit for inflation.
6.5m oz is 12 months behind

The new MRE in early 2023 may get close to 10mozeq

Hi Accomp
Your figures are all over the place and would need a sledge hammer to straighten out.
It’s 6.5moz gold equivalent resource which includes inferred
It’s a 2.9moz eq reserve which excludes inferred.
These were from results from last December that is 12 months out of date.
We have been told we have a forecasted AISC $643 which is the lowest globally so deduct that from todays gold price and you see why your figures are all over the place.

Hi Sanibel
Thanks for that.
I haven’t adjusted my calculations for a while as I believe the information available was catching up with me.
My 0.75g/t average is looking more and more conservative , I spent ages working that one out.
The information released so far gave an average of 0.65g/t.
I believe with all these new high grade pods being found in the main ore body recently it could jump to the 1g/t +
Expect Shaun’s graph of ounce per metre to progress further to the right.
All looking good :))

I’ve posted some sketches on my thoughts for the drilling and next MRE update.
https://ggpchat.co.uk/viewtopic.php?p=3475#p3475

It would be nice to know what cut off date they will be using for the new MRE
I suspect July/August 22

Next week results
Could be our least amount of drill results reported.
Due to the extreme depths they’re drilling.
We know we have 4 wedge drills in assays and one new drill
98W6 a short drill into the top of the Northern corridor 200m depth of ore
98W7 a deeper drill about 1,000m of ore through the NC into the high grade pod and into the top of the EB

152W4 is targeting the NC and top of the EB at 1000m ore depth

152W5 a deep drill targeting a high grade pod in the EB at around 1300m of ore

163 from the north through a lot of waste rock targeting deep into the EB about 1250m of ore into a high grade pod.
A steep drill at 80 degrees

Then we have
165 a new drill 1,000m north of 163 and 400m west
I think that puts it into Zipa about 870m vertical depth from surface.

We also have
Nor002
And 2 drills in Meco in the south

We’re expecting some drills coming from the west side of Lake Havieron but these results may not be to hand as should be deep targeting the link zone

Hi Tig
I have been to a lot of shareholder events this year
3 times to the Town hall
3 times to Stroud
A trip to Stirling
A lovely afternoon at Clairebella garden party

I don’t think I will make London this time.
Will look forward to meeting you again next year.

I do post my views on the resource
I was probably the first to suggest 20m oz some 18 months ago.
I’m probably the first to suggest 30m with calculations
Not the first to suggest 50m :)) but no calculations
It’s a terrific orebody and as I showed in my presentation the plans published in the last 3 months show an incredible increase in its boundaries and high grade upgrades inside.
The coming MRE upgrade is unlikely to include these though more likely next August for these.
The upgrade though will come from results as far back as last November 2021 and use data upto say July 2022.
The question is will it breach an official 10moz resource.
It’s quite possible it will.
It will affect the Life of the Mine and I’m really excited by this new mining plan that will come with the FS.
It could change everything and propel Havieron into its own Tier 1 status

Hi selecta
I’m not keen to post my views on the sp on here.
Until a Decision to Mine is published there is still a risk, fund managers will not normally invest when there is any sort of risk.
However Hedge funds will attack a share that has risks and they’ve certainly done that here but we’re not as bad off as say ITM where 5 or 6 Hedge funds all over 1%, whereas we only had 1 over 0.5% and now none are over 0.5% the rest are hiding under the limit. Hedging their bets for the DTM to arrive.

This is an investment for me I don’t trade it, I’m not engrossed in the day to day movements.
Global pressures have combined together to give a downward trajectory for our sp, whereas in 2020 they gave us a phenomenal rise. These pressures are now reversing.
Chinese covid pressures relaxing
Putin on his back feet and fell over recently
Inflation increasing
Gold more in demand
Copper supply constraints very severe
The lack of major miners exploration projects are seeing the lack of new mines opening.
Climate change getting worse making renewables needed more urgently therefore more copper required

There is a list of things happening in the next few months that will effect Ggp
Feasibility Study
Updated MRE
New mining if it has over 15 year Life of Mine it will promote Havieron to Tier 1
Decision to Mine

What about Ggp piers on AIM
Solg
OMI
EUA

All struggling and not in the best jurisdictions.

Warning a lot of jealous disruptors heading our way!
Tin hat time :))

Ggp
A very well funded to production company.
A probable Tier 1 asset.
An MRE with 6.5m oz gold equivalent resource.
Very experienced Board.
The best mining jurisdiction.
Infrastructure over halfway to the ore.
A Feasibility Study is due imminently.
An updated MRE due in early 2023.
No production plant to build with fascilities at Telfer.
The lowest forecasted AISC globally.
Payback of 3 years.
Production due in just over 12 months.
An ore body with boundaries still growing after 300,000 km of exploration drilling.
Life of Mine may extend to 40 years or more.
Large portfolio around the same area.

Did you find Wombat Poo :))

Thanks xeverton that’s the first wide shot I’ve seen of the vent shaft rig in place and water in Lake Havieron

This will make you smile:))
https://ggpchat.co.uk/viewtopic.php?t=289

Hi Bonkers
Ok I have re read your post and I read it wrong.
Apologies.
I never like discussing share prices

Hi James
I don’t remember that idiot ever posting anything good about me he has always been bitter and abusive towards me for more than 2 years now.

Hi Bonkers
When have I told you to buy Ggp.
I give my opinion and state facts as I see them, I don’t tell people what to do with their money.
You make your own decisions in life.
My opinion that this is a strong buy hasn’t changed for some time .
I researched this share for 6 months before I bought in, are you saying you didn’t do any that’s bonkers