Member Info for Bamps21

The announcement of a PFS for H2 in the WDD is a major milestone in such a short space of time. Mainly due to all the infrastructure being there already.

To be able to complete this piece of work without being able reach most of it is a real achievement.

It shows what it means to Telfer and Ggp as a new major mine area.

The ESC hasn't gone through that process.

There's all sorts of lengths being issued firstly was 700m for the high grade WDD, then they were targeting the 600m central zone. Now we have the WDD as 500m and the WSC quoted as 700m. Going to be very interesting what the PFS brings out.

What I am and have been looking at are the extensions it's still open all ways, we already know from Newcrest that it could extend southwards 300m but looks as though it will continue.

What about extending to the north under both pits, it certainly looks like it. In that northern zone there's suggestions it's weakly mineralised where the Main Dome anticline joins the West dome anticline. Newcrest's "weakly" was with a much lower gold price.

Let's see what happens. 🙂

This announcement was no surprise to me and I explained this would happen last February. What did surprise me was the assumption that the whole structural fault could be mineralised. It's turning out just like the recent Icelandic eruptions earlier this year when numerous intrusions came up over many kilometres through a fault line.

The difference between the Main and West dome faulting is the Main I30 thrust fault cuts across the Main Dome whereas the west dome runs along the anticline ridge.

Watch out for what is above the WDD, the M reefs and MVR are there and mineralised.

The Newcrest report 2011 indicates the West Dome underground is seperate from the WDD and split into 3 the stockwork central, stockwork west and east. There is more to come from underneath and those drills aren't long enough, that dip length of 150m depth doesn't relate to the depth that Newcrest found.

The PFS will not be a complete orebody it needs further exploration declines to be extended to the north and south.

Montyfino

I did tell you exactly what was coming last February, it sounds like you are one of those that don't listen.

There's no mention of 6mt

There is mention of 18 years which is 3mt pa

You are seeing things that aren't there.

The additional hoist is quoted at 4-4.5mt but that can only come from lower levels there isn't the ore from these sulphides.

The 26mt processing hasn't changed but the ore mined has to 29mt including Havieron.

The rate is proposed to increase to 32mt including the dump leach tonnage.

There's no mention of Havieron ore increasing above 3mt at present.

That's only for the starter mine, a lot more to come

131mt indicated and inferred at 3mt pa is 43 years.

Bit of a coincidence.

No I am definitely not on Greatland payroll, wish I was but I'm NOT. I haven’t been to Oz.

This isn't going t.ts up

I've just done one close to Perth.

Stirling 🤣

People posting on here don’t realise how many others are reading trying to find information about their investments.

Making daft statements can have an effect on folks.

I'm really pleased that so many of these are turning up to our meetings and are now about 75% of the turnout. A lot of these tell me they only look for mine and a few other selected posters to read.

The funniest one was the chemistry teacher who read out my posts to the kids. I think he did it for punishment 🤣

There's a lot of people coming to Sheffield, which is our biggest event, I remember faces but no chance of remembering everyone's names.

It's the last one this year I think. I hope everyone has enjoyed the ones you could get to, Sheffield will be the 11th one this, so thank you all for such an enjoyable year I am overwhelmed by your support.👏

See you on Saturday.

Greatland were the fifth top riser last week in the whole of the ASX.

How can this be a joke , what a .... statement

One thing for certain Newcrest didn't explore the West Dome underground to any great extent. They knew the West Dome Deeps existed and did start an exploration Decline but adhoc when they had funds. It was Newmont who finished that off and gave us those drill results for last February announcement.

The reefs are above the West Dome Deeps which is something I was enthusing about but how far do they follow the anticline towards the plant is a telling question. Also how far north and NE does this system go?

Those coming to Sheffield will hear my thoughts on these questions next Saturday.

This was always going to happen, will take time to shake out the ETF funds that can't include Ggp here and including them on the Aussie funds.

As far as I'm concerned " nothing to see here" make the most of the opportunities.

From the Admin documents from this time last year there were 2 headings:-

"Exploration potential "

Described what was at the West Dome besides the open pits

"Exploration targets- unclassified mineralisation "

Described other areas outside of the West Dome underground

Stage 7 & 8 open pit WD

Stage 9 main dome pit

A & M reefs

ESC

VSC main dome

There are 5 targets of unclassified mineralisation:-

2 have or will be classified in March ie ESC ,A&M reefs

1 has partially been classified stage 7, with the stage 8 still to explore.

The main dome stage 9 is due to be drilled in 2026.

The main dome VSC has still not been classified but Newcrest did declare it had 1.3moz

Loads still to come

I've been very enthusiastic about the WDD since the RNS last February, the results they showed us then really changed my mind about Telfer. I can't tell you how relieved I was when I realised there was a big mine life ahead with this anomaly. I teased everyone not letting before my presentations at Theale and Stroud last February and March. Well I'm teasing you again before the Sheffield meet next Saturday.

The potential for this anomaly to have a very long mine life has now grown in my expectations.

It's going to be massive.

NB! It doesn't end there 🤣

The next Sheffield meeting is next Saturday 29th November from 12 noon at the Waverley.

I've changed the format of my talk into 2 parts for a drinks break:-

Part 1 will be about Havieron and it's mine plan

Part 2 Telfer to include new details I've gleaned from Newcrest reports regarding the size of the WDD, I've not disclosed yet.

It takes a long time to put these talks together so I hope you will enjoy what I have prepared.

Please support our events if you can, there are still a few seats available for Sheffield.

The long range weather forecast is mild so hopefully no driving issues.

I have found the last 2 meetings talking for a couple of hours exhausting so the break is for me really.

Hope to see you there

Good Luck All 🙂

We are all anticipating the FS dropping any day now and it's gone extremely quiet.

Hopefully all hell will break loose when it arrives.

The amount of news coming in the next 6 months should be awesome:-

FS

DTM

Dec quarter results

Havieron infrastructure start

WDD drilling news

March Resource update

March quarter results

New machinery

Havieron Decline restart

Telfers ongoing record drilling

June reserves report

LOM update

June quarter results

Charlie how insulting

Hi Element

4.8moz reserve may be stretching it.

The indicated resources are 5moz eq 86% conversion makes 4.3moz eq. When I talked to Shaun he mentioned 4.5moz.

I do agree with you that this company could have a high value placed on it like £10. That isn't any investment advice from me by the way.

Anyone a seeking to invest should get further advice from their financial advisor or do their own research. I keep being reminded to explain my position towards others investing on my say so. I offer my opinions freely. Just make sure you've all booked your seats for Sheffield 🤣

Hi Element

Havieron sulphides have fixed Kriging boundaries, higher prices do not increase tonnages within fixed boundaries. The tonnage is the tonnage that can't change.

Where there are no fixed boundaries ie breccia the rise in prices will effect the amount of tonnage that can be included but this is restricted by the amount of information from drilling. Havieron has a lot of blank areas where estimating any ore will be difficult. This is why the underground drilling needs to start as soon as they are able.

The last thing we want to happen is including too much breccia in with the sulphides this will weaken grades and raise costs.