Member Info for Bewarethebrokers

Go on google earth and search Havieron and look at those images.

Are they stockpiling dirt?

BTB

The 342m @2g/t was also my favourite.

I posted on here at the time that the intercept was bigger than the Eiffel tower.

This time next year we could actually be sending ore to Telfer.

Exciting times are here again.

BTB

If you go back a few months then the shipyards we have were considered liabilities.

Fast forward to now with the new contracts and Belfast shipyard alone would be worth at least £100m.

We are still way undervalued and if we were the subject of a takeover the share price would go through the roof imo.

GLA

BTB

‘With significant levels of revenue contracted, the relative stability of the cruise & ferry and ship repair markets and confidence around potential orders within the defence and renewables markets, management has an aspiration of generating revenues of between £100 million - £115 million for FY23.

While it is clearly more difficult to project FY24 revenues given the lumpiness and scale of certain contracts, the aspiration is to generate revenues of between £200 million - £230 million for FY24. Whilst this is a significant step-change from the FY23 aspiration, it reflects the trajectory of major defence and renewable programmes commencing from 2024 onwards and beyond.’

Imagine our market cap when we are generating that sort of revenue.

Massively undervalued

BTB

About 2 years ago i predicted that our share price would do a 100% rise in a single day and finally that day has arrived!

The only problem is that my average is 32p so i’m still underwater here but anybody thinking that this is just a pump and dump taking place think again.

We can easily do another 100% rise even from here.

BTB

Great stuff SAS and i totally agree with you.

LTH like me are selling nothing.

Just imagine when the day arrives and the RNS states ‘production has begun at Havieron’

What a day that will be!

BTB

Don’t get ahead of yourselves people.

Our first target is to hit the 17p mark mentioned in the Sprott report.

We then move on to the DFS in Newcrest’s Dec quarterly where we can expect around 25p.

Catalysts for the SP will be progress made on the decline.

If they start reporting 150m per month then we are in business so keep your eye on that.

If we follow the Lassonde curve and the decline is progressing well then we can get to production in 18 months time and we could easily be at 50p by then.

In the meantime a successful drilling discovery could really put a rocket up the SP though.

Everything is looking good ATM and long may it continue!

GLA

BTB

Now that we have entered better ground the decline is moving along at a much faster pace.
The last update was 489m on July 13th so watch out for the next update which should be included in The next Newcrest key date which is due on the evening of 18th Aug here in England.

All being well we could be mining in 18 months time.

I’m expecting our all time high share price to be smashed at that time if we have not been taken over by Newcrest beforehand.

If they try to take us over they will have to pay a hefty price for those shares.

In the meantime let’s hope we discover another Havieron!

Really exciting times are here again.

GLA

BTB

Newcrest have a history of using cash plus shares when they attempt a buyout.

Watch this space!

Shorters beware!

This could go ballistic very soon!

BTB

Just a matter of time before Newcrest make their move IMO

It would be great fun to see the shorters scrambling around for shares that nobody wants to sell.

BTB

Message to the shorters.

Your situation is becoming desperate.

You have stretched the elastic band as far as it will go.

We all know what happens next.

BTB

This should give you some understanding of where we are at and what to expect the nearer we get to production.

https://kuchling.com/the-lassonde-curve-a-wild-ride/

BTB

Message to the shorters.

Good luck in your attempts to buy back 63m shares.

BTB

We’re not mining yet or haven’t you noticed?

BTB

It seems to have gone a little under the radar but the latest RNS shows
Kavé Sigaroudinia who is an investment manager for Baillie and Gifford has upped his stake in H&W.

Baillie and Gifford are one of the best if not THE BEST at running equity funds so i see this as a very positive move and i expect big things coming our way very soon.

BTB

Here is a snippet from the job description of many new vacancies advertised.

‘On offer is a very attractive and competitive remuneration package and the chance to be a part of the turnaround and significant growth agenda of one of the most historical shipyards in the world.’

Hardly sounds like a company going to the wall as many would have you believe!

Watch this space.

BTB

When you say “Financing the rest of the Hav mine” you have to remember that we took out a $50m loan from Newcrest to finance our part of the costs for the decline.

The loan will be paid back from the 5% @ FMV but the cash flow from first production can be used to finance the block cave etc.

Around £120m a year revenue coming our way will see to that.

BTB

Once the decline is finished the SE crescent is to be mined first so what do we now know after recent SD interviews?

1- 5g/t plus
2-- 3mtpa
3- 18mt of high grade ore as stated by the now well out of date PFS.
4- production in 2023.

The PFS Newcrest did is now about 14 months out of date so we know that there are far more than 18mt of high grade ore.

Even using the out of date figures a 3mtpa operation will produce a minimum 15m grammes which equates to 468,750 oz of gold worth £624m

£624m equates to a £156m payday to Greatland for our 25% ownership

After AISC a conservative £120m will be generated income for Greatland. (havieron will be 2nd lowest AISC mine globally as stated by Sean Day)

If Newcrest improve on the 3mtpa and the price of gold rises then the figure goes higher.

When you look at our market cap and the revenues generated on first production it is easy to see that we are way undervalued only because production has not started yet.

But when it does…..

BANG!

BTB

Absolutely delighted to hear you are ok @TomE

I can still remember when the share price was around 1.7p and you would regularly post that you had just bought a shed load more.
I used to think that you had a bottomless pit of money!

As we all know money means nothing without having your health and strength to enjoy it so hearing you got the all clear makes me happy :-)

ATVB

BTB

Really sorry to hear about your loss @mattyboy1965.

Please accept my sincerest condolences to you and all your family.

I wish you all the very best for the future.

BTB