Never forget the facts - ggp heading to multi billion valuation18 Sep 2020 11:02
One thing is people forget what brought ggp to the dance and will get us to go higher and higher and that is that even just on Havieron we are sitting on one of the biggest gold discoveries of an era and globally
We’ve had 10/10 amazing results consecutively - each set showing that we still haven’t even found the edge yet at Havieron and we got to keep expanding .
We were horse shoe shaped originally and now were ovaltine. We’re Still open at depth and that’s over a year after extensive drilling - incredible
The grades we’ve found are world class like at had049 82m at 6.1 g/t au and .41% cu and had059 109 at 6.3g/t au and .71 % cu
Newcrest have got to 9 rigs 24/7 and drilling the bejesus out of it and they are the only gold company with expertise in bulk mining which is the X factor here
Bulk mining can reduce All ok sustaining costs(AISC) by up to 70-90% Which then means the whole mining become extremely Extremely profitable Which in turn means ggp share price should rise (per calculations I’ve seen) to 60p region if we have around 10moz deposit which i believe we do And more .
Telfer infrastructure exists already meaning further cost reduction and increase in sp as less need to build a mine as we can use that and also newcrest looking at new methods to bulk mine Cheaper and reduce costs by another 30%
We haven’t factored in at all anything in the so thus far for other 100% Owned licences such as scallywag Which Callum Baxter has said have similar Geophysical properties to havieron and if we strike there (which based off paddy sat they are doing a lot of activity) then this should rise exponentially
All in all we are imo v v undervalued here and have been for best part of 9 months - All I can see now is that we have significant upside imo from here and each set of results proves that . Time to enjoy the fruits of our research and let this keep growing and expanding (Havieron and the Ggp share price)
Hold for gold