Member Info for Bamps21

Hi Tmt
Great post.
It was disappointing you weren't able to do the live show .
I can't understand why Bottle got any criticism, that took a lot of courage to continue doing it alone. Especially with a subject outside his comfort zone.
For me I thought he was very funny , the only time I stopped laughing was shouting stop when he missed something.

Well I have had my chance now, a new Brew with Bottle- with Bamps 2 recorded ( I hope) due out this week end.
Bottle is adding pics this time so you will be able to follow.
I would like to thank Bottle for his time and patience on what he does for us.
Well done:))

Had86 is an extension to an earlier hole targeting the HGZ to the west of the Dyke.
True depth is around 1250 from surface that's around 830m of ore.
A drill length of 72m of sulphides at 2.2g/t
That's a true width of 62m.
The width of this seems fairly constant from top of ore.

This extra wide zone is around 500m below the 350m Indicated Resource Zone

You can't compare these 4 holes with other companies and say they have better results.
These 4 holes were drilled through our weakest zone, that's where you should be comparing others with , find their weakest and then compare.

What they have found in our weakest zone is 2 higher grade intrusions with weaker crackle breccias surrounding these and high grade sulphides perimeter.
These have indicated that bulk mining is feasible in this area.
They removed any risk of this zone not being included in the bulk caving.

That 156m @ 1.1g/t is absolutely fantastic for this area.
They've only drilled halfway down in these holes there's still 600m or more below these.
There's nothing to criticise here.

There's only one Havieron!

Holes reported from 11 March
4 holes and 1 extension
Hole 83 is the best one
I did say look for lengths over 100m &+1g/t
2 holes gave us that they found more concreted breccias.
That 156m @1.1 I think is fantastic for that zone it proves that bulk mining is feasible.

A new section 8 has appeared showing a lot more crackle breccias where you can see the broken intercepts of the other 2 holes , these zones have lower grades as expected.
The white zone that Bottle was referring to is the non mineralised zone right at the top about 50m deep.
I thought he did really well on his own but I haven't laughed so much for ages. Thanks Bottle :))

From tonight's report I believe it proves up that zone for the feasibility of it being bulk mined, so the risk now is nearly non existent.
There's only one Havieron!

Just a reminder what to look for in the results- long, long unbroken intercepts 100m + with at least 1g/t,

the 3 cut off values they use are 0.2, 1 and 30g/t
Above 1g/t is great in long lengths

The included intercepts show up high grades and up the average of the whole intercept but skip those just look for the long lengths.
Added bonus is a long length with a copper content about 0.4% or above.
0.6% is really good but in long lengths it's really good.
Good luck all :))

I've revised my calcs with this mornings presentation and the lower ovoid is way beyond my expectations.
I can't bring myself to publish them until the sizes are confirmed.
All I will say there is only one Havieron!

Astounding

Yamsel that statement is just ridiculous, total nonsense

Hi JB
The size of the breccias pipe is larger down below than it is at the surface.
It doesn't veer off, the knowledge of what's happening is still growing and I'm suspecting it is still growing maybe towards Lake Havieron
ATB:))

The growth item is intriguing:-
Leveraging against the market cap
also
inorganic growth prospects.

Looks like they are going to acquire something

Just to make clear it's a breccia pipe with 2 distinct sizes one on top the other:-
650x350 x900 deep
922x650x400 deep
Still open at depth

The SE extension has joined the Eastern breccias and is also joining to the Northern extension but still open towards Lake Havieron.

Hi Jag
They've worked out the average intercept and average grams per metre core.
The only thing it does to my calcs is to put my average gold grade up from 0.75 to just over 1g/t.
At the moment I'm sticking between 0.75-1 .
I don't know how big that non mineralised zone is at the top 50-75m deep will knock the average

They've produced a plan showing what i've been saying about the lower ovoid but it works out a lot bigger and they've increased the depth to 1300.
Ovoid now 922x650x1300
Wow wow wow

1.74g/t gold eq
That puts my average a bit over 1g/t for the breccia pipe
My calcs for 1g/t worked out at 23m oz but the ovoid is bigger and deeper.
Oh dear rip up and start again:))))))
Pegged new ground at Bentley?
Nickel not Cobalt mentioned at Panorama:((
Ggp a growing mining company :))

It's not only supply of gold and copper that is getting tight , supplies of tin are running out.
https://www.lse.co.uk/news/rpt-column-china-ramps-up-tin-exports-as-rest-of-the-world-runs-dry-andy-home-fyikjpq6p88432q.html
What has this to do with Goliath?
The MMI survey analysis picked up tin, results it reported.
I wouldn't expect it in the central zone where they are drilling.
Tin is very fluid when it's in its molten state and would form streams away from the core.
Would be a real bonus with the price rocketing.

This is from the Half Year Report 2018 when they introduced the 7.5% of assets as ordinary dividends
Reconfirmation of enhanced returns to shareholders from 2019

· Special dividend of £350 million (c.10.7p pence per share) to be paid in July 2019 subject to shareholder approval (£340 million and 10.4 pence per share paid in July 2018)

· From 2019, increased Ordinary Dividend Policy of approximately 7.5% of Group net assets and at least £250 million per annum through the cycle (up from 5% and at least £150 million per annum), bringing 2019 total dividends to c.£600 million or c.18.3 pence per share (2018: c. £500 million)

· Based on our current five-year expectations, and in current market conditions, we expect special dividend payments to remain comparable to the 2018 and 2019 payments

Didn't think I dreamt it :))
Only been to pub twice since reopening, froze both times :(( definitely not the beer

Had 105 has a super long intercept of 298.8m @ 1.2g/t
It's at 67 degrees from horizontal so quite steep.
It starts from the same pad as Had103 and near 101 from the west heading a bit north of east.
It passes through the zone of concreted breccias coming up from the eastern breccias.
It missed about 4 small zones of HGZ in the Northern Breccias passing between them at about 900m from surface and then off to hit the sulphides on the east side of the ovoid with an intercept of 0.9m @ 38g/t in a 30g/t cut off.
That cut off means only lengths of 30g/t or more can be included which is why the lengths are short.
Had 103 was targeting the top of the Breccias and finished about 650m below surface and was in the crackle breccias.
Had101 is an important drill one of our longest and passed through the concreted breccias underneath 105 and hit a pocket of HGZ before carrying on down to the Eastern breccias and never found the extent but some good grades through the Northern concreted breccias of 147m @ 1.1g/t. The eastern breccias had good grades but broken by the cut offs.
2 further drills in the eastern breccias running NW to SE had long unbroken intercepts.

I'm not expecting such long intercepts through the Northern breccias in the next results as they are targeting from a different position but unbroken zones look very probable

Hi MFU
Red Chris drill WX 20 78
507m @0.7g/t unbroken that's very good
That is in the 0.2g/t cut off

At Havieron Northern Breccias
298.8m @ 1.2g/t that's in a 1g/t cut off

By those figures are average looks way higher even though the lengths vary a lot because of the cut offs

Hi Johnson
TW have said they were increasing the final and interim dividends rather than the special.
Special dividends create far too much volatility for the price to stay around 2.40 and nervousness around them being withdrawn

Hi MFU
The Eastern Breccias had intercepts over 200m and one was 348m.
I don't think that will occur this time as most of the drills look to be going across the ovoid.
I'm hoping for 100-150m long intercepts but 200m would be extraordinary this way.
0.2g/t cut off in 20m sections must have lengths of over 10m long to be included in the results, so a 100m unbroken length will be consistently over 0.2
A 1g/t cut off has a length of 10m sections and must have +1g/t for 5m for that section to be included

Therefore a 100m unbroken intercept with a 1g/t cut off has a much lower % of waste

2 examples in one metre lengths
1g/t, 1,1,1,1,0.8,0.5,0.6,0.4,0.3 is ok
1g/t,1,1,1,0.8,1,1,1,1,0.8 is not ok

A broken run would include the second example and won't be included in the MRE.
An unbroken run the longer the better will mean all the 10m lengths are included and will up the MRE averages.

Long unbroken lengths are the key
ATB:))

oops mafic not magic :))
Although it might be

What am I expecting from the next drill results:-
Firming up of the Northern Breccias HGZ down to 350m of ore.
Testing deeper sections of the Northern Breccias for the connection to the Eastern Breccias.

Possibly more information on the Northern crescent lower down, the drills haven't been positioned to infill the top 350m from what I can see.

More information on the Eastern Breccias.
I'm not expecting the extent of these to be known at this stage too deep , but I am expecting the top section to broaden out.

I will be looking for long unbroken intervals with grades above 1g/t.

The top section of the Northern Breccias will have broken intercepts as there are more crackle breccias there and the magic intrusion at the top 50-75m