Member Info for Bamps21

Forgot to mention there are 10 of these trucks :))))
Production drilling machine
https://m.youtube.com/watch?v=qS9QLnFU0ko
There's 5 of these :))

They will be using this underground monster, look at the size of trucks next to it
https://m.youtube.com/watch?v=XazDhDzyqIA

Hi Mickey
He has asked.
I suggested doing some shorter ones on the other licences.
He said a mini series
I said " a Slurp with Bottle" :))

Hi TmT,Speedy
The multi commodities mentioned today in the RNS are what could give a negative AISC, the quantities of these at present are unknown until the ore starts going through the mill.
A gold price of $2,500 and a copper price doubling to $20,000 would give
$184m plus 72m = $256m to Ggp less costs on the first 2m tons.
$120m costs to Ggp for the first level of SLC leaves $136m less costs.

Ggp are in a fantastic position with everything seemingly increasing
Price of gold
Price of copper
Ore quantities
Ore grades

Super stock :))

@TmT
deramper eh
touché :))

Hi Speedy
Just between me and you and no one else on our private line $184m
:))

How would the price of gold effect the 2,000,000 tons per annum of first ore?

Using $800 AISC
then
$1800 gold price = $73m revenue to Ggp
$2000 gold price = $88m revenue to Ggp
$2,200 gold price =$103m rev to Ggp

These reasonable increases effect the revenues considerably on a very small section of ore
on 20m tons the effects are enormous

Province Resources presentation
https://cf8c9456-7a00-4485-958e-b392977d7ffd.filesusr.com/ugd/0bbab3_008f968c6a0b4d3fa50b2bc773b18cdd.pdf
Pascale looks very similar to Havieron
The 3 licences shown on main page

Hi Speedy
I'm hoping to come but don't want to commit myself until I see what the weather is going to do. Long way to come for a wash out :))

Hi Jag
I feel it's the water volumes that will dictate which method is used , they wouldn't want water draining into the Decline
ATB:))

Hi Redleader
There will be 2 distinct zones progressing at same time once approvals are in place.
There will be sample ore removed from the west side of the Dyke. Our best grade area probably removed by a stoping method from the end of the Decline, this is where 2m tons pa initially will come from.
While that is happening the SLC Decline will progress down to another 350m depth.
This ore probably will be removed 2024 onwards but will be too much for the original Decline plans, so expect another Decline or haulage shaft to remove 6m tons per annum.

The 2m tons will be from an area near the top of the ore which a greater specific gravity than below. This means less ore for same tonnage.
The SLC will be a mixture of sulphides and the sg will be lower, so more ore for the tonnage.

So much going on head spinning :))

Hi Jag
There are 2 options for shaft sinking upwards or downwards
Downwards
https://m.youtube.com/watch?v=HCDsFIqIfA0
Upwards
https://www.unitracc.de/e-journal/news-and-articles/raise-boring-rigs-for-shafts-up-to-2-000-meter-depth

Fantastic news about the Decline starting.

But Whoa!
Take a deep breath and hold your horses.
The ventilation shaft doesn't start till December when the Decline has gone passed the bottom of the shaft.

Permissions at the moment only allow to get to the top of the ore not to go below it.

They can't start removing ore until safe conditions are met and approved.

Removing of ore this year is a tremendous ask , I'm still hopeful by H2 2022 for sample ore.
To get the SLC down to 350m of ore is at least another 2.5km of Decline construction plus ventilation shafts plus tunnels to the ore. Start 2024 for that.

The Decline is only suitable for removal of 2m tons of ore according to Hannams.
SLC mining will need a different/ additional Decline designs.

2m tons Ggp income after costs
@$1836 gold = $73m (836 AISC)
@$10,528 copper =$38m

Future forecasts for copper = $20,000=$72m

SLC costs around $400m Ggp share $120m
First year production possible $111m and rising

The newsflow has been a bit this last 6 months.
4 fantastic results nights fro NCM
A maiden resource issued
A new mining CEO
Scallywag results with multiple new targets
A Juri Jv exploration campaign started
A Scallywag exploration campaign announced
A new licence applied for Canning
Extension of Ernest Gile licences
Fantastic presentations from NCM and Ggp
2x Brew with Bottle to explain drill results
Continued price growth of copper and gold
52 week high share price

Wasn't much then in those 6 months

Hi Speedy
When I worked on Canvey Island they all thought I was from Suffolk with my accent

Janus show some respect and civility if you don't agree with what someone posts then give reasons .

Hi Tom

I hope you are well too.
I agree with your comment, the Decision to mine is the formality of the FS which will be required by the authorities to issue approvals.
We are still in the risk phase, even though the risk is diminishing very fast the way the prices are rising.
When the assets are added to the accounts it will be a big fillip to the share price.
NCM can't stop because of Telfer they need to keep it going or spend millions removing the plant and rehabilitating the land.
ATB:))

Hi Tig
We don't have to hug you do we? :)))))))

Hi Paddy
Just a reminder , that plan is an almagation of levels.
The white NE extension is the Eastern breccias at depth.
The SE crescent is only this wide higher up and you can see the Decline heading for this area.
The NE breccias in the centre are about 400m down into the ore
The NW crescent is wider at the top
ATB:))

Hi Beginner
If they hit anything of value at Goliath sentiment will drive this upwards. It's so big
:)))