Member Info for Bamps21

For all those attending today, I hope you have a safe journey.

Really looking forward to it.

Hear my summary from the London meeting now I've had a little time to take it all in, that was a great day out.

Some more photos

https://www.ggpchat.co.uk/viewtopic.php?p=7349#p7349

Drilling of the Paterson region in general he's very open to others drilling it.

Another 100,000 so far for FY27 at Telfer will mean a big increase in next years MRE

I never heard him say they wouldn't pay dividends, he reiterated his " I'm a dividend type of guy". He said a decision on future dividend policy hadn't been taken or a buyback policy.

Https://www.ggpchat.co.uk/viewtopic.php?t=1283

🤣

I've made many genuine friends on here from all over the country and spent many hours enjoying their company. To say this is not true is a bit unbelievable.

Come to the Sheffield meeting and experience this for yourselves .

On train to Paddington to meet friends.

Good luck to everyone travelling today, walking across Hyde Park and the Palace dropping in for tea 🤣

Details of Sheffield meeting this Saturday

https://www.ggpchat.co.uk/viewtopic.php?p=7336#p7336

At least what is on there is far more pleasurable to read than some of the crap you write

Imagine you are walking from Telfer airport over to the viewing platform overlooking the Main Dome pit. Wow the size of it is just immense.

Looking left to the south end, there's a black spot at the top in the distance this is the underground extract unit.

The side of the southern end has 2 distinct colours in it, a light greyish colour on the left and a browny colour on the right. There are lines or strata running down from the top on the far west side steeply dipping down beneath us. These are the E and M reefs.

The whole of the far side is benched or stepped from the top , this is the underside of the main mineralised reef.

You are looking at the Anticline ridge without which there would be no Telfer.

Just below us on the left can be seen a ramp running round the Southend upwards, this is where Ggp intend to extract . The grey is weak/ waste ore above the ramp and below is the mineralisation.

In front on the far side is where the bulk cave extraction has caused a slump. The cave is not empty there's still lower reefs in it.

To the right in the distance looks like drilling rig but that is the hoist.

Towards the north end the ramp below us continues downwards towards the north end base. The reefs continue into the rock face, this is the zone where Newcrest intended to extend the pit.

I'm intending to show these photos at the coming Sheffield meeting you won’t get these from Shaun 🙂

Thanks Hopefully

That guy doesn't understand those grades at Minyari, for one they've included the underground higher grade in that. When they get to do a FS the tonnages will be less for the higher grades.

There are a lot of low grades in between the higher shoots will be difficult to maintain a higher head grade.

Shaun declined to take part in their fund raise I hope he keeps his distance.

More Antipa licences released:-

https://www.ggpchat.co.uk/viewtopic.php?p=7318#p7318

Although the MRE didn't give specific mine planning, the mine life from those Indicated resources is lengthening.

We are still in that transition zone from Newmont leftovers to Ggp new ores apart from where they are expanding the stage 2 base this wasn't in last years plan but it's opened up a large area by removing that ramp.

From the tonnages shown at 20mt pa

West Dome pit 102mt is 5 years

Main dome underground 12.3mt @1-1.5mt pa is 8-12 years

WDD at 8mt is around 6-8 years

Whether all this ore is viable is for the Mine planning, the reserve report in next quarter will be very intriguing

Thanks for all your support.

A lot of people have learnt a great deal from my ramblings and a lot of us have formed a great friendship. Somebody mentioned at Stroud that he'd been there for 45 minutes and nobody had mentioned Ggp just friendly chat, you can't do that on here with some despicable people having a go.

Some people will only read Company official news and can't see beyond them. I don't need to be a miner to know what's what, I bet 75% of workers at Telfer have never been down that mine or allowed to. I've worked on enough underground contracts to know what's what.

I'm experienced enough to see the next stages on from company news if people don't want to hear it it's up to them.

The meetings are very friendly a lot of people have made great friends while attending, so come along and enjoy yourselves and learn something.

With Shaun announcing a London Town Hall on the 16th April two days before our planned Sheffield meeting, we discussed whether to cancel our event.

We decided to carry on as planned.

No doubt some will cancel.

Hi TT

I have a copy of that flow sheet, I'm presuming they would primary crush at O'C but the regrinding is similar to the Havieron ore so could quite possibly go through the Havieron. The length of time to get the ore to Telfer though it would get in the way of any Havieron expansion so would go to Train 2.

Two high grade ores going through the mill is more revenues from less ore 🙂

See here:-

https://www.ggpchat.co.uk/viewtopic.php?p=7316#p7316

I've just added the Newcrest mine plan

https://www.ggpchat.co.uk/viewtopic.php?p=7315#p7315

Now Trotmans Stockwork is a prize worth pursuing, its tungsten resource is practically from surface.

A prospecting licence on there and they would be able to extract 500 tons. This would enable them to pursue a method of processing for the tungsten.

https://www.ggpchat.co.uk/viewtopic.php?t=1276

There's a plan on there of TS

I've no idea how Shaun will handle the O'Callaghans situation, it certainly a too important deposit to leave in the ground.

My thoughts are more in the planning of it, a sell or joint venture would get very messy and disturb the planning of Telfer works.

The mine plan that Newcrest left behind indicates 2 stoping operations with a decline and a 2mt operation.

It's about 300m down so that's about the same length of Decline as at Havieron at present length. That's around 3 -4 years to get down there and maybe a further year for underground infrastructure.

It's a wet mine so approvals will be needed for evaporation ponds and bore hole extraction.

Approvals for new roadway to Telfer.

All these works Ggp have gained experience on with Havieron, so it could be handled in house plus consultants.

Timeline:-

1-2 years Feasibility Study

2-3 years approvals

3 years Decline installation

1 year underground infrastructure

This could stretch to 8-10 years before production.

This could fit in with the West Dome open pit depletion as it's only 2mt.

It could utilise the ball mill and go through the copper flotation, it's at this point it would deviate and new facilities needed to float the lead and zinc. From there it would go to the pyrite float they are building for Havieron .

That's only my thoughts I'm not 100% sure on all the processes required.

It certainly all looks as though it's possible to fit in with Telfer and Havieron.

Another 30-40 years for the Telfer plant 🙂

Https://www.ggpchat.co.uk/viewtopic.php?t=1276