Member Info for Bamps21

All this to and fro business with the sp is very frustrating and nerve racking but you have to keep your nerve and think of the bigger picture.

1996 saw 28 new mines open globally over 2moz.

2023 none

2024 none

2025 ????

It doesn't look as though it's over.

GDX got their shares from where?

Jane Street short up 0.24% on 20th March?

Was it them or the GDXJ who loaned them out?

Couple of days to go to the next Stroud meeting on the 24th March from 6pm at the Fromebridge Mill off the A38 roundabout half a mile from junction 13 of the M5.

https://www.ggpchat.co.uk/viewtopic.php?t=1250

There's a possible couple of seats that have become available if you are interested, let me know on here or Ggpchat if you would like to attend.

Nearly 50% are coming for their first time you will all receive a warm friendly welcome.

I'm sure you will all enjoy it.

Antipa started releasing licences surrounding Telfer

See here:-

https://www.ggpchat.co.uk/viewtopic.php?p=7279#p7279

Stroud meeting reminder 24th March next Tuesday

Couple of seats available let me know.

Keep your chins up we are still £2 higher than the last Stroud meeting

https://www.ggpchat.co.uk/viewtopic.php?p=7278#p7278

In these harrowing times the future for Greatland still looks very strong.

There was loads of buying last night reported after the bell and 3 sells popped up at the end reducing the price.

The opportunities at Telfer to increase the mine life are very real in a period of time when new gold mines are hard to find.

Take a look at that last photo of the West pit and see how many rigs you can spot.

https://www.ggpchat.co.uk/viewtopic.php?t=1259&sid=6c5f917e99368f09c68bb3db51248295

There's at least 3 in the foreground, according to Greatland cross sections they are drilling into high grade ore.

There's 3 more rigs high up on the left, expanding the southern extension.

Everything you can see in the benching is going to be mined including a pit extension at the far southerly end. Could be 200m tons here but it's hard to quantify, it's huge.

If they process 10mt from here per year ( I will leave you to work out the mine life)

I would expect some restrictions on diesel usage at Telfer maybe the exploration rigs will be cut back a bit. Whatever happens Ggp will have more clout than junior minors drilling in the middle of nowhere with regard to diesel supplies. That short term future is unknown let's hope it won't last for too long.

A few seats have become available for next Tuesday nights meeting at the Fromebridge Mill from 6pm. March 24th

If you want to come please let me know on here or on Ggpchat

https://www.ggpchat.co.uk/viewtopic.php?t=1250&sid=b684408f8a28566df16a7f7a87adae45

No need to pre order food at this venue, a carvery is normally available.

For those just coming for the talk it normally starts around 7:30.

The entrance is off the A38 roundabout half a mile from junction 13 of the M5, plenty of car parking spaces.

There's a lot of new people this time, you will all have a warm welcome.

Https://www.ggpchat.co.uk/viewtopic.php?t=1250

Hi TT

Mt Egerton has 4 Ggp licences surrounding the Hibernian project.

They also have 3 granted at Woodlands which is a little bit too the north of Mt Egerton.

They gained 1 extra licence since that RNS making 7 in total

Oops Mt. Egerton 🙂

Benz have hit some very high grade gold at their Hibernian project.

Ggp have 4 licences surrounding that project.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03069276-6A1316775&v=undefined

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03069190-6A1316748?utm_source=www.moneyofmine.com&utm_medium=newsletter&utm_campaign=orion-captures-us-2-2b-as-investors-get-enticed&_bhlid=75683a82df365c5ebf5b77207b8e7ab15e96f8a6

Latest see here:-

https://www.ggpchat.co.uk/viewtopic.php?p=7271#p7271

Just stunning

https://www.ggpchat.co.uk/viewtopic.php?p=7266#p7266

Latest progress

https://www.ggpchat.co.uk/viewtopic.php?p=7265#p7265

Precast concrete sections still being constructed

Satellite images from today are showing up where they've been excavating in the last couple of weeks which relates to a photo I've seen.

https://www.ggpchat.co.uk/viewtopic.php?t=1272

If you think they are of no use then don't bother looking!

That's not an exploration rig looks like a bore hole possibly the start of the vent shaft

New licence has been granted between Teague and the Rincon jv

See here:-

https://www.ggpchat.co.uk/viewtopic.php?t=1198

Also another application for a former FMG licence north of Winu

NB! I've no issue with this site as has been reported on here it's for your reference so make use of it. It's been set up and ran by shareholders.

Hi Portfolio power, that depends whether you are talking about cut off grades or pit shell viability cut offs.

The pit shell cut off prices have risen causing more ore to be viable. These have risen twice since Ggp took over Telfer and likely to increase again.

People shouldn't be expecting a high MRE this time it's too soon into FY26 drilling campaign with a cut off date of 31st Dec. Also the ore mined and processed will have to be deducted from it nearly all the high grade ROM has gone down to around 20% by that date.

On the side of caution I would be happy with 2moz anything over will be a nice surprise. Going higher and getting less is not good.

We are in a transition period where a lot of the ore left by Newmont has gone and now we adding into the MRE Ggp findings and there's not been enough time for that process to work through.

I'm not keen on OMI but I have friends that are. Can you start a new thread instead of infesting our threads.

Filtered

Hi Zoros

Best luck with that I've asked but they have started as they already have approvals down to the basement rocks in early works.

They're using equipment already down there.

2027 is not possible, steady state works won't start till the conveyor is working 5.5 years from approvals.

Check the presentation and quarterly results