Member Info for Bamps21

Take a look on the Primary Bid website to see how many top companies are now using this web service.
Rights Issues are a pre internet legacy they will go in time.
Rights Issues costs are around 5.7%, a huge print run of Prospectuses leading to long lead in times.
These costs could be around $1m on that $16m raise.
Expect Primary Bid to be the dominant player in the Market for the foreseeable future, costs are cheaper

Take a look at the Artemis Photos on Twitter today and judge for yourselves the size of the area being drilled from Apollo to Havieron north and Zipa.
https://twitter.com/ArtemisResource/status/1462386347843493891?s=20
It’s a big area

Hi Ben
Hope you ok
Like you I’m still enthusiastic about the prospects here, and looking forward to what Shaun has to say
ATB:))

We have our own Wishbone at Ernest Giles we don’t need another one , especially a tiny one

Hi Desj
Shaun has told us many times “let the drill bit do the talking”
If you don’t pay for drilling then there’s no talking.

Hi Dh
I didn’t top up I was too busy dealing with my sick friend but I think I have enough anyway.
One of my other shares LMP had a top up the same time on Primary Bid and the price has risen.
Not too sure whether this PB site has slots for these placings, could that have been the rush, maybe not.
It’s still a strong buy in my opinion but I have enough for my needs. Good news next week might make me change my mind though.

It’s quite obvious to me Shaun wants to get this company moving he’s not hanging about.
Hearing people saying horrible things about him is unpleasant , stop, think and wait for his explanation.
Don’t make fools of yourselves like many have with GH selling.
The Havieron assets are still growing, they’re growing faster and bigger than any of us dared dream of.
In 2 years with seen it grow from a couple of good drills into a crescent, then an ovoid.
The depths have increased from 500m of ore progressively to 1300m.
The ovoid size at depth is expanding .
The grades at depths are becoming extroadinary.
Looks like the targets close by could be significant.

When do they stop spending on it to define the ore body?
Do you want them to stop exploring it and stop the expansion or do you want them to keep spending and the ore body to keep growing?

You can’t have both I’m afraid!

Joe Bloggs
It’s quite obvious you don’t know him, super chap to have on this Board.

Hi Lenz
I’m looking at Havieron as being 2 separate mines.
One to start 18 months-2 years time the other bulk mine c2028
The bulk mine profits will be for the younger ones here, so I’m only after the cream :))

In the scheme of things this raise produced enough cash to keep the speed to mining at full pelt.
What will be the rewards?
We have a mining plan to extract 2m tons of ore per annum.
This amount was based on drilling upto 28th January 2021.
A plan of 3m ton per annum will be the basis of the BFS which will include additional drilling of the original inferred MRE.
The 9 year plan may be increased a bit to cater for 3m ton pa.
This will be a slow build up to 3m tons starting with 50,000 tons from January 24-June 24.
3m ton will probably be achieved June 25 onwards for 6-7 years and then tailing off.
The revenues based on today’s figures for gold and copper with an AISC of $643 for 3m tons pa would give $11m per month to Ggp for their 30%.
If gold and copper rates increase as expected at a $2500 gold price revenues would be nearly $21m pm.

£16m raise now looks a good investment to me

Hi bigmj
I wondered how you got on with Cerp, fortunately I got out before the merger and got all my losses back here
All the best glad to see you here :))

For me it’s all to do with the accelerating speed of Havieron and SD doesn’t want to be lagging behind the speed that NCM want to go at.
The Eastern breccia are way down each drill now is costing far bigger sums than the SE crescent.
They are still drilling Havieron north and Zipa .
The Decline excavations are now 24/7 and accelerating, the ventilation installation is just about to start.
They are still drilling Scallywag
They want to drill Rudall.
90,000m of drilling at Havieron till next June.
SD has ambitions of getting on with drilling at Ernest Giles, Panorama and Tabletop next year.

The Mining Plan is only about tackling a small proportion of Havieron 1.6m ounces, the future BFS will be about mining around 3m tons.
The quicker they can get more out in the next 10 years will benefit us all but specifically us older investors as we will leave the benefit of the bulk mining to the youngsters

Hi bigmj
Glad you joined us here did you get out of Cerp ok

Hi Kettle
I made a profit at Sirius I sold when I saw the planning meeting on line and realised that lot were too small to construct such an undertaking.
Greatland are small yes and could never have mined Havieron on it’s own. They had found something that a Major miner needs desperately to keep its processing plant open as it’s mine is depleting.
Right place at right time

Freddie
I have to say I don’t read many of your posts anymore they’re too negative.
There’s a reason this placing has hit so fast, none of us know why yet but it all points to a bounce once the placings have been achieved.

With the speed of this announcement it makes me wonder what they have found between Havieron and Artemis land.
Eastern breccia, Havieron North, Zipa and Artemis Apollo
Description in the RNS “ the wider Havieron breccia system “
Have they let the cat out of the bag hitting breccia at those targets, exciting times.

Well all the nutters arrived screaming for blood, comparing this to SXX, if you don’t like it sell and get out we all know where this is heading in the long run.
I’m quite excited by it all :))

Hi Jerry
I’m with you on that , I feel it’s necessary to keep up the momentum on drilling Havieron, we have 8-9 rigs drilling we don’t want to lose them.
This asset is mega and they are trying to expand it “the wider Havieron breccia system “.
This may drop to the placing price but it’s going to bounce back strongly.
I just point you to my 2 other shares last year both had placings of 20&30p Itm are now c£5 and IKA c£1.50.
Buy if it drops it’s going to bounce in my opinion.
Shaun is doing a great job accelerating to warp speed what a prize to have someone of his calibre.
I only wish we could all have participated and gone for £20-£30m

Hi Tig, Dimvestor
I would have liked to have gone but it’s too early to get there for me. Will have to make do with the virtual meeting

Hi Droverman
Easy to criticise the guy in hindsight but in 1999 when he started this process gold had been in a 20 year bear cycle and the price was on the floor and he used the funds to pay off historical loans.
What was happening in the mining cycle at the time was a lack of funds into gold exploration. Companies were looking for cheap easy to get at ore deposits not deep ones.
By 2002 discoveries of all types of ore deposits had dropped off a cliff but it still took 8 years or so to get up to today’s prices.
Gold was in the doldrums but so were Britain’s finances.
I can’t defend him I think he was an awful Chancellor but I don’t think he was as bad as Osborne and the raid on women’s pensions was scandalous in my opinion, hitting the most vulnerable hardest