Member Info for Bamps21

Yes $100m divi would be 7.5p not 15p.

That figure is roughly 10% of FCF for the year. That is possible for this year but they're not likely to do it until funding issues are sorted.

If they can keep consistent 80,000 oz till June or September I can see a ramping up of oz from then on.

More ounces and higher gold price in time they will be producing 4x the FCF from this year so $100m doesn't seem that big.

Hi Speedie think 500k will be an underestimate in time for WDD and Havieron a minimum of 600koz must be on the cards plus whatever they get from train 2 anothe 200koz.

$100m in dividend should be very easy to find

Hi pj

That opvm chart relates to the crescent starter mine at present in relation to the metres drilled. I'm expecting this graph to reverse when the underground drilling starts. By that I mean it won’t be a vertical graph most of the top has been drilled out so won't change much. The centre will never match the top zone but the bottom will go further out than the top as there's a lot of drilling to do in a much larger zone of the Eastern breccia.

Hope that makes sense, I know what I mean anyway. 🤣

Hi Element

There's 3 individual zones of the West Dome underground and the geology I would say is not really suitable for a caving operation.

1:-

The high grade LLU strata is only c20m thick, you wouldn't want to mix this with the weaker ore this will take quite a few years to mine out and backfilled.

Could it have an SLC operation on it rather than stopes? That is a possibility.

2:- the Stockwork underneath the LLU is horizontal for 700m at the moment stretching to1,000m plus. Shaun told us the VSC on the main dome is not suitable for a bulk cave due to its inconsistency. We don't know yet what the makeup of this stockwork is.

3:-

Above the LLU the reefs are dipping strongly but it's not the same situation as the main dome where it is more compact and warrants a bulk cave.

I see most of it being stoped with certain zones being suitable for sub level caving and backfilling.

Which ever way they do it I'm sure it will be thought out well.

Hi pj

I have been wondering whether they will be able to use the high grade ore from the WDD on the same train as Havieron. From Shaun's presentation that looks like the intention, as he described the 2 ores being in tandem and putting Stage 2 ore on the other train.

6mt from both on train 1 would give

@2g/t would be 385kozpa

@3g/t would be 580koz

Plus copper

Plus train 2 output

10mt @0.6g/t would be 192koz

Could they possibly get 10mt from the open pit? They are buying in new plant and refurbishing the old, so the chances are yes. Plus when they get to 4mt from Havieron and achieve 4mt from WDD would have a dramatic increase on ounces.

This sort of predictions may be a surprise to some but not to me 🙂

Perhaps you don't agree with me but your harping on about Wyloo is very tedious. No one here is bothered about Wyloo's investment.

Someone has a major grudge with Wyloo.

They are just an investor nothing more.

I wouldn't bother reading all that one sided impression of Greatland. Filter out is the best option.

Shame that an abusive idiot has taken over my thread after such a great night in Bristol.

Everybody was smiling it was a pleasure to meet everyone.

The growth potential is just that a potential. Until it is turned into a reserve and booked on the accounts it will have little effect.

We have O'Callaghans sat there with monstrous potential and it's not even in our resources yet, let alone reserves. This could all change by next June.

No matter what you are all saying about the share price not being where should be, it matters not. You are dismissing the risks out of hand . In this industry Feasibility Studies are crucial and so are the mine life of mines.

Big institutions will not speculate on hearsay they want facts and we haven’t got rid of those risks yet. Those risks now are very close. Then see what happens.

You can't work out the sell revenue in the wrong currency. Most of the gold goes off with the copper concentrate and is all sold in US $ it is then converted into AUD$, the actual cash is not converted into £. The share price here is worked out by currency fluctuations, with AUD weakening the dollar and the pound, it has a beneficial effect of converting the dollar to AUD then a detrimental effect of converting it to £.

Hi Jet

Thinking about what you said and my presentation last night, I didn’t introduce myself at the start but everyone knew who I was.

Just for you then to make amends

"Hello I'm Bamps"

🤣

All this Bill about Wyloo.

They saw a great investment potential with Shaun and Ggp. They've guided and assisted Shaun at every opportunity.

Newcrest would have squashed us without Wyloo's backing.

They even let go their existing warrants to assist with the ASX listing.

If you get the chart since we've bought Telfer and 70% Havieron you will see a steady climb. The mine life and the FS are still the risk factors holding the sp.

Lot of clap trap this morning, I wish all those moaners would go for a walk you make very boring reading.

That's it TT, he also mentioned the training courses for drivers that can save $3m pa in tyre wear.

I thought so was great to meet you.

Can you tell them about the cost of the tyres for those big trucks. Quite staggering

Hi pj

You didn't mention your 'handle' to me, I didn't know you came.

Would just like to thank everyone for turning up last and making it an enjoyable meeting.

More than 50% hadn't been to one of these meetings before it just goes to show how many readers on here don’t post.

It was a new venue to us, it's changed a lot since I was last in there and the room size was a bit small for 40 people.

They came from all over the place South Wales, Kent, London, Dorset, Cornwall, Nottingham, Portugal and Luxembourg . I'm very pleased that so many made such an effort to attend.

Thank you all

Sheffield next one 🙂

There's a photo on google maps of the ford looks like they've lifted the road

Hi Beejay

I don't believe the ford is there anymore, I have been that way recently. The other way via Crow Lane is another route you could use.

For all those travelling to the meeting tonight please take care with all the heavy rain around.

I haven't seen the list of who's coming so it's always a surprise to me. It looks like there will be some newbie's to our meetings, I'm sure you will enjoy it and you will be most welcome.

Regarding a bulk cave, well they certainly won't cave the WDD high grade that will all be stoped.

If the stockwork underneath is similar to the main dome VSC that won't either.

Regarding what's above the WDD it's hard to know what's left of the reefs.

I can't see it being the same operation as the main dome more an SLC . The reefs are very steep on the western side. It's less infrastructure intensive .

We will have to wait till March to find out.