Member Info for Bamps21

Hi Zoros the conveyor decline has already started according to published sources , it won’t be ready by 2031 if it hasn't

Hi TT

The Rio chap is Adam Burley MD, Head of Growth and Development

He stated that Winu was a Major Project in their growth portfolio.

The LinkedIn post from the Rio head of copper dampened my enthusiasm for that deal. It looks like they will be developing it themselves but you can never say never.

Cyprium however will be a good fit to process Camp Dome copper ore.

There are 2 planned new roads one by WSBN from Redsetter to Nifty and the other by Antipa from Minyari going passed Camp area to the Telfer road. It's not far then to the Nifty junction.

A road to Winu seems unlikely too many sand dunes to cross and there's already a highway to Port Hedland.

Trying to find out the Australian diesel stocks, quite a few websites are conflicting with their answers it's averaging about 25 days from what I can find.

I'm sure Ggp will have a strategy plan in place for this sort of event.

I would have thought any unnecessary use of machinery till stocks are replaced will be monitored.

The Sustainability Report in May will hopefully give us clues for a plan to decarbonise Telfer and Havieron with the use of Renewables.

I know Shaun was keen for this to happen .

Well done 🙂

Hi Smokeyrose

Of course it is apologies.

The Fromebridge Mill I've been there enough times 🙂

Hi Rotherby

Stroud meeting first should be an interesting meet up, nearly half of the people who have booked are new names to me. I'm just doing the badge names. Hopefully news will drop before the meeting on the 24th March at the Framlington Mill, Stroud.

For the new attendees the entrance is off the A38 island about half a mile off the M5 junction 13, down a long driveway.

It's my favourite venue although Malvern was a very good night.

Can people coming please bring some cash as we need at least £2 each to cover the room hire which does go to the McMillan fund. At Malvern people didn't bring cash and I was slightly out of pocket.

I've invested in a portable sound system so donations towards that would be welcome but only if you want to .

Stroud is full.

Sheffield is on the 18th April a Saturday from 12 noon plenty of seating in that one, please contact Rotherby to book.

We've booked the Bristol venue again for the 26th May , it has a small room for the presentation so seats are limited to 38.

If you would like to attend Bristol please contact Sureasblazes or Rotherby.

Hi TmT

Thanks.

I still can't get over how many folks followed us here from TW and PSN, I've met quite a few of them at the London Town Halls.

I finally got to meet Bazzaman at the last one 🙂

Hi TmT

Nice to see you posting again 🙂

In my post I referenced per 1g/t I never said it would be 1 g/t but the average will be lower than what you're estimating.

Shaun at one time said the mineralisation was open everywhere bar east, well drilling proved it did go east. Those drills can't reach the extent you can see that from the drill logs.

When the WDD came to light 12 months ago it was obvious to me it was open to the north and south. I said at that time the drill decline needed to go over the WDD to get the pads closer.

This is a monster down there but it's too early to know the final outcome , it will grow in stages, as with Havieron the highest zones will come out first.

At Havieron we still only have an MRE for a starter mine.

Hi Hopefully

They were drilling in the base of the pit of stage 2 a lot of that ore has gone to the plant.

Earlier drilling on stage 2 and 7 was infill drilling to gain a greater confidence in the resource grades, they were drilling closer spacings.

They moved to the stage 7 extension drilling for the MRE.

From there they went to the western side of the southern extension, as I said this was used in the cherry picking.

Over 100,000m in H2 26 till June they must be nearly halfway through it already. The 240,000m in total will take sometime to model.

You are looking at extreme dimensions, as I've said many times those underground drill rigs have limits to where they can reach from those. 700m is extremes it will be inferred if included.

The WDD consists of 2 pods at the moment they are not the whole of the LLU strata therefore an average lower grade will be required.

If you look how high Havieron grade intercepts are, that's not reflected in the resource estimate after averaging out.

This Maiden resource will increase over time.

Remember the cut off was December and that goes for the open pit as well, the Southern extension is unlikely to get in apart from the area they've removed already. Historical drill logs might bring up some inferred areas.

Last March MRE showed areas of stage 7 and 2 that were shown in dotted lines, that can't be added in twice but last year drilling below that resource could be added in.

See my thread I posted earlier.

It's too difficult to guess any area at the moment.

Oops the 1 disappeared

Minimum rough dimensions 500x10x300 is 148koz per 1g/t.

WDD thread

https://www.ggpchat.co.uk/viewtopic.php?t=1203

12-15 months is way too short.

What they will be or possibly going through now will be weak development ore, some of this might be suitable for mixing with Havieron ore or might not be.

You have to be looking at the WDD high grade and Havieron ores to both be stockpiled and taken through one train together.

The weaker ore from underneath the high grade may need to go through the other train, we don't have that info yet.

Newcrest's Mine plan is out the window with the WDC coming into play they will need to replan the design. Also Pinnacles could affect it.

Lots of infrastructure required after the 3 declines reach the ore body it's not horizontal it's dropping to the south

Check out what I posted about the MRE

https://www.ggpchat.co.uk/viewtopic.php?t=1259&sid=04eb81e5b4b7e4fcf987d2c517e1dd5c

The WDD is likely to be lower than people are expecting, remember those drills will not be able to reach it all.

Minimum rough dimensions 500x10x300 is 48koz per 1g/t.

This is just the start it's likely to be twice as long.

Remember to take off your guesses what they've already used and processed like 80% of the ROM.

The most important item is the mine life nothing else at this present moment.

The oz will bulk up in time

If it's confidence you need, it has to be the Telfer potential not the short term trading patterns.

At the Malvern meeting I expressed my views on just the potential around the West Dome not the Main Dome, I didn’t have time, 1.5 hours. I know I didn’t give the full extent of it either.

The Main Dome area could be another talk on its own.

The Stroud meeting is practically full. If news doesn't come before the 24th I may concentrate on the Main Dome area.

The potential is still very real and enormous.

The Sheffield meeting is more than half full for the 18th April

The last quarter saw average prices of gold and copper way below what they are now.

Copper cUS$4/lb to now c$5

Gold AUD$6300 to now c$7300

They had a cash build of AUD$198m after paying $46m stamp duty. That was a one off.

There was also the unsold copper and gold inventories.( This cash was received and included in the cash build of $948m)

If they hit 80koz this quarter and maintain an AISC below $2300 then a $5000 margin could be achieved.

The cash build this quarter should be way higher than the December quarter.

( there is however a tax liability of $76m for FY25 to be paid this quarter)

What lovely stories are emerging from posters on here and in person at meetings. There isn't just one or 2 there are many and I mean lots. There were so many people in the London meeting who wanted to shake my hand and tell me their stories, I missed the food 🤣

Although I bought early for EG below 1p most of mine came around 12p when Columbus energy wanted to merge with Bahamas Petroleum, I didn't like it and moved here, so I haven’t got as many as you might think. Still a sizeable holding and I'm very comfortable now and I thanked Shaun personally for that.

Good luck to all the friends I've made along this journey.

Still a long way to go. 🙂

See you at Stroud in a few weeks time

Hi Iscatnow

Easy to get confused there's 3 of them 🤣

The only one I haven't met yet is Stu H, maybe sometime

Hi that's not Stuwoo , that's Stuart off Telegram

Stuwoo is my good friend 🙂