Member Info for Bamps21

Hi James

I’m fine thanks hope you are too.

The waiting though is hard, the satellite images yesterday show little change at Havieron with little truck movements but the images aren’t clear enough to see if that’s correct.

Telfer however there’s a continual change on the north side of the dam on top of the tailings. There’s a track been driven over it from the east (shows how hard and dry it is) and some big slit trenches running parallel with the dam. To me it looks like they’re pumping water out from below down to the butile liner to see what’s happening.

Hopefully that will be over soon.

Rumours that they’ve started the Decline again look unlikely to me. There’s no water coming into the ponds they’re dryer than last week. Hope I’m wrong but can’t see it starting until the sale process is complete.

Look I green binned this poster after his first couple of posts, if you all filtered him I wouldn’t have to look at all this drivel about him.

He brings nothing to this Board.

Please filter and forget about it

Interesting read on Telfer geology and Newcrest taking a miner to court

https://www.mindat.org/loc-25162.html#:~:text=The%20underground%20workings%20access%20at,m%20for%20the%20West%20Dome.

Https://www.ggpchat.co.uk/viewtopic.php?t=311&start=20

I have a photo of those nuggets, I think I got it from a Proactive video

Black Hills = Juri

Newmont aren’t going to want it, think it will all be tied into the Hav sale.

The historical drill results are better than Antipa Geo 01 in my opinion, we never did find the source there I wonder if that’s why they have the adjoining licence to the north.

Gold anomalies all over Blackhills.

I originally invested because of Ernest Giles but then again Havieron is soo unique but then again Tabletop 2 is bigger prospect but then again Tabletop 1 is even bigger but then again Panorama has enormous potential but then again a large target deep down on Scallywag but then again …… ok I give up 🤣

I’ve made a list of current Ggp licences that I know of and work commitments and news awaiting:-

Ggp licences

Havieron 30%

Scallywag:- modelling of the target under London/Kraken

Rudall :- modelling

Juri jv :- waiting for ownership news

Ernest Giles:- drilling Meadows and surveys

Canning area 4 licences Salvation Well west, Salvation Well, Canning &Taunton:- waiting to drill Tabletop 1 & 2

Pascalle:- waiting for drilling

Rio jv :-

Budgiedown modelling of Atlantis

Basel drilling of 3 targets

Skylar drilling of Bootstrap extension of licence / surrender of 40%

Wilki surveying and drilling

Paterson 8 modelling

Strickland drilling

Telfer domain licence surrender 40%

Kaliranu modelling

Triangle south modelling

Yeneena SW of Telfer 2 licences awaiting gaining licence

Oak river south of Calibre licence news

Ashburton:- 3 licences modelling surveys

Woodlands:- modelling / surveys

Panorama:- modelling and surveys

Bromus :- modelling and surveys

Citadel Hill near Winu modelling and surveys

NB! Not highlighted Heritage surveys that seems to be happening on a lot of these.

Hi Speedy

I’ve always been of the opinion that high prices are not good whether gold or whatever.

Just look at coppers high price recently, as soon as it got there new technologies start to emerge and suppress the price.

Gold is different it’s conflicts that makes it’s price rise, the Russian one fuelled this latest rise but a Chinese one with Taiwan or Russia will cripple the world as we know it.

Why these countries can’t talk to each other on more friendly terms beats me 🤷‍♂️

The price of gold doesn’t always go up, it was on its knees in 2002.

Mines with a short mine life use a high short term price at the moment to calculate gold equivalent values.

Mines with a longer life use a long term forecasted price which is a lot lower.

I think this gold price is about right for Havieron, if it gets to $3,000 it will price some countries out of buying.

The revenues for Ggp are enormous with 30% or 100%. Don’t be greedy, when prices get out of hand something jumps up and bites you.

The Chinese hold most US debt, they can’t afford for the US to default, the gold is like a security against the debt.

Hi Tom

Thanks mate I’m fine , how are you

Https://globaltailingsreview.org/about-tailings/#:~:text=Upstream%20construction%20begins%20with%20a,as%20the%20dam%20is%20raised.

Look for the Upstream design.

The latest satellite image is showing 2 black lines on the north side of the dam, machines are on there digging trenches down to the clay base construction. They could just pump it full of resin and backfill.

That’s been happening in the last week or so.

Shouldn’t take long in my opinion.

Handing 70% to Newcrest?

They paid way over $65m to do all those drills plus the Decline , ponds, camp , batching plant and other infrastructure.

Funding the drills on their own I doubt if we would have got to 50 drills and been diluted to kingdom come.

Ggp did 9 drills, 3 of which were outstanding

, drills 2,3,7,8,9 were so so. Then no 10 was drilled and it was a dud it went straight down the Dyke didn’t hit any ore. That would have crucified the sp.

It’s alright In hindsight to castigate the Board for that decision but it was the right one at the right time. Newcrest were never going to pay good money to buy GGPs 30% or the company they wanted it on the cheap by breaking them, same as all the majors do, it’s business.

I can’t wait for the day when they announced Ggp have 100% of the project.

The prospects for Havieron are enormous for Ggp and to be free of major miners and control their own destiny. It doesn’t concern me that the purchase may include debt and more shares so long as they get the 100%, the debt will be paid back very quickly and share buybacks will potentially happen.

This mine has happened so quickly, just look at this video and see how Rio and BHP are struggling with this mine in US and the corruption and pollution left behind. They’re going to struggle with this one.

https://m.youtube.com/watch?v=PRgAA1HHIEQ

Copper prices are falling in last few days.

From Tradingeconomics:-

“Copper futures extended their downturn to below $4.6 per pound in June, near its lowest level in one month and fully erasing May’s rally that took prices to a record high of $5.2 amid evidence of low demand in the near term. After the official PMI reflected an unexpected contraction in China’s manufacturing sector in May, trade data for the period pointed to a 7.1% drop in imports of copper ore turnover despite the surge in prices, as refiners have been using scrap to support output. Consequently, Chinese inventories rose to their highest since 2020, beating seasonal factors that favor a drawdown. This made the price of deliveries from Shanghai bonded warehouses remain at a discount to LME for two straight weeks. Still, prices were 15% higher year-to-date amid speculative bets of looming shortages. Copper’s role in electrification through grid-scale energy and data-center infrastructure pinned speculation, magnified by the difficulty of starting new projects for fresh ore supply“

The scrap copper is why Chinese imports have fallen where is this scrap coming from.

https://m.youtube.com/watch?v=qoNMMlcqpTw

Illegal sanction busting trade from Russia, they are shredding new copper coil and passing it off as scrap metal.

This trade won’t last it will get blocked

We are all finding this waiting very unexciting, tiring , depressing or whatever but the gold and copper are still there waiting.

All the indicators are still looking very promising for Greatland.

Just keep smiling and enjoy the weekend, enjoy the summer, enjoy life.

I tried last night ooh my head 🤣

Why is the price of copper falling?

China is supplementing concentrate supplies with scrap metal. Where is it coming from?

https://m.youtube.com/watch?v=qoNMMlcqpTw

https://www.fastmarkets.com/insights/copper-concentrate-tcs-still-negative-how-and-what-does-it-mean-for-copper-prices/

China has been caught out this trade will probably get sanctioned too but they have vast mountains of scrap to get through themselves, for instance the vast mountains of scrap bikes.

This can’t last forever the copper price is having a blip it’s momentum is still upwards. Global copper grades in mines are falling, causing huge mergers.

https://m.youtube.com/watch?v=Xlms-8zEcCg

A few of my friends have invested here so I’ve been reading a lot of Scientific papers on the processing to give my support. Here are pieces that I’ve found:-

From Science Direct

“Results and discussion

The flowsheet of titanite processing (Fig. 4) includes three main processes: acid leaching, carbochlorination of the solid residue, and HBr acid recycling. Carbon dioxide produced on the carbochlorination stage is the main environment pollution substance in the flowsheet.

Conclusions

Titanite can be processed by hydrobromic acid. After 2 h of leaching in boiling 48 wt.% HBr acid solution, the titanite content in the solid residue was 3.0%, and after 3 h it was < 1.0%. Carbon dioxide is the main environment pollution substance in this acid processing of titanite, because hydrobromic acid can be recycled without any chemicals, but coal and air.

Two stages may be used for the best titanium extraction from titanite: (1) hydrobromic acid leaching of titanite, resulting in 57.3% of

Acknowledgements

This investigation was supported by the Russian Academy of Sciences, project no. V.46.1.4 “High-speed Metallurgy”.

According to this research this leaching method seems to be the best but it has a CO2 side effect.

The company stated they won’t need heat but that research does, so they are still working on the process flow sheet which should be interesting.

As far as I can make out they can first use a gravity circuit, then acid leach the titanite to a liquid state , then float these liquids to gain a titanium dioxide concentrate.

Recycling the resultant acids seems to be an issue if they don’t use heat, which ever way that looks costly.

For me personally I would like to see the flow sheet they are working on to derisk the doubts .

Dreadnought announced results last night at Mangaroon, this is at the NW end of Gifford Creek.

Woodlands licence is positioned at the SE of Gifford Creek and has Banded Iron formation.

Mangaroon is positioned right next to Ggp Yannarie licence, they’re showing Ironstone on Ggp licence.

Ironstone ( post - Precambrian) is a later ore than Banded Iron formation which is Precambrian .

https://announcements.asx.com.au/asxpdf/20240606/pdf/0649xtttct3wcy.pdf

For interest there are Ironstone deposits in Northamptonshire

https://nora.nerc.ac.uk/id/eprint/535188/1/northamptionshireMap.pdf