Member Info for Bronze_age

From the accounts

Exploration
Newcrest announced that results from the latest drilling continues to expand the gold-copper mineralisation at the Havieron Project, 45km east of Telfer. Newcrest plans to drill an additional 20,000 – 30,000 metres in the next half year to support the potential delivery of a resource estimate by the end of calendar year 2020.
In parallel, a number of environmental, geotechnical and metallurgical studies have commenced to support the potential resource estimate and future permitting requirements.

Wow the first project the focus on is haverion and they planning to mine

amazing here and we’re so undervalued still

They were enthusiastic about Haverion and plan to drill additional 20000-30000m result with aim for resource

‘Finding gold is rare and these results are very exciting’

They know what’s there and we just hold for all this gold :))))

Old timer they alluded to that in their last report too I remember Johnny found that - all in all v v positive here as we know well Haverion is going to be their focus for the future

Fascinating listen here as Haverion is being relied on more and more imo

Need we say more -

Newcrest have promoted this as one of their key highlights of the year thus far (one of only
4 key highlights)

Declaring that there is significant mineralsation for a company like newcrest to say that means 15-20m oz imo at least as they see relying on this as their future now

Speeding up expenditure by 25m is huge and shows they want to commence this as soon as possible

This is now you can see that this is going to be their primary and focussed exploration play and where we are now is just dirt cheap

Sandip has now said on the presentation that Haverion results were very pleasing and promising - they signal for potential renewal for their asset portfolio aka the next telfer and he has said he hasn’t seen such unique results as this in the region before

Hold for gold 25p+ 2020

Thanks paddy for this as usual you’re the usain bolt of research always first :)

My favourite line I saw in there was (though old)

‘’HAVIERON OREBODY HAS THE POTENTIAL TO TRANSFORM THE FUTURE OF TELFER” NEWCREST AGM, NOVEMBER 2019

We know newcrest are focussing on this as a primary exploration project and given the way that they have promoted it since November and then with Haverion being their first project listed in their exploration report

We know this is going to be their future cash cow whilst also reducing costs per the presentation - this presentation just confirms - all systems go!!

Plus we’ve got several licenses similar to Haverion so several more gold nuggets to hold on to

Hold for gold 25p+ 2020 (just off Haverion)

Don’t forget what GH recently said

Gervaise Heddle, Chief Executive Officer, commented: "The results from the recent geophysical surveys at Paterson Range East further advance our knowledge and understanding of an underexplored part of the Paterson which has

outstanding potential to host tier-one gold-copper deposits.

In particular, the Los Diablos and Prefect targets share very similar geophysical characteristics to Havieron, and appear to be under significantly less cover than Havieron."

We have strong conviction that Haverion will bring us 15-20m oz and rightly so

But remember we’ve got other licenses which could also do the same - another couple giant bites of the golden cherry esp with scalleywag for example - we’re literally sitting on gold here

Another 15moz from our other licenses we can say good buy to 500mcap we’re going to go into the billion+ valuation park then

All to play for here and sit back and hold for gold

Yes Johnny exactly - this is going to be taken up with serious institutional money here. This is prob a last chance to get at these prices too as we’ve got big newcrest presentation coming up and other news as GH said newsflow will be regular

In addition this is a once in a decade type of gold discovery with newcrest focussing on this and even prepping for mining per the last exploration report

Hold for gold 25p+ 2020

Based on their tweets and structure of their reports I believe they are focussing on Haverion as their primary exploration project

Whether you chose to want to believe that or not that’s up to you.

I have very strong conviction here

Yes Uruguay - here is a link to the tweet

twitter.com/newcrestmining/status/1222637764417425410?s=21

No other expiration plays mentioned in the tweet and in the report Haverion is mentioned first - signs are there

Anyway back to buisness we’ve got plenty to come here - can’t wait for the presentation this week by newcrest

Excuse me read the pinned tweet on newcrest website - they believe Haverion is their new era discovery thus priority

Here is a current fact sheet for some nice lunchtime reading I’ve complied but please feel free to add more facts here.

To be fair with ggp it’s an ever growing list as the story keeps getting better and better

1. Huge news on newcrest making Haverion their primary project going forward
2. Newcrest Speeding up budget by 25m and progress to get results ASAP
3. We haven’t even hit all of the territory yet with northwest still untouched
4. GH said expect lots of new flow now
5. GH said he wants to maximise shareholder value
6. Great grades of gold and significant scope and size especially for newcrest level company (24bn market cap) so that means this is ginormous
7. Numis broker target 6p and that’s only from earlier drills so we got new data coming soon - they admit themselves this was conservative
8. Expecting 20-30k further meters to be drilled
9. So for estimated 5.5m oz and that’s not even scratching the surface as a company like newcrest wants 15-20m oz and then heavily promoting it means they think they can achieve that
10. Presentations to institutions meaning further BIG MONEY buying this up
11. Other 100% owned licences such as scalleywag showing very similar characteristics to Haverion so we could have 2-3 bites at this golden nugget cherry. For example We saw how similar scalleywag is to Haverion already and the more we explore and get results the better it is for us as the market will pick up the huge upside from it
12. Based on the ggp slide we can see from recent tweet at the institutional presentations - we can see “Underexplored with Huge Potential” so we’ve got significant growth to come from these levels
13. We saw institution Marlborough Nano Cap Growth Fund with 40.5 million shares as of 31/1/20 meaning big money already taking huge positions
14. Also Monday we saw huge buy of £422k at 5p meaning huge money knows this is cheap down here

All in all we know we’re very undervalued here and with conservative estimates thus far going to get smashed through with regular current data and newsflow - we’re on a rapid ascend

25p+ 2020 hold for gold

Agreed paddy the fact newcrest are all over this and we can attest that will be the case come Thursday with the presentation is that they want to use Haverion as their future cash cow and main gold discovery location for the foreseeable future

A company like newcrest won’t want 5m 10m - they’d want to have 15-20m oz imo to make it worth their while

The numis report was conservative and based on the fact funds are buying at these levels and we saw that whopper £422k buy yesterday they also know this is highly undervalued here

Prim openly said it today they believe this will appreciate further

It’s all about hold for gold , we’re at the start of the journey - 25p+ 2020

Agreed a newcrest wouldn’t want or pin their future in a site which only has 5

They want 15-20Moz. To make it worth their while and all signs point to just that

Also we have more than one bite of this golden nugget as other sites such as scalleywag have v similar characteristics to Haverion and GH said we have 2-3 licences like that

25p+ 2020 hold for gold

Agreed Johnny this is excellent news - we’ve been expecting the institutional investing for a while now as this is so cheap right now

With just Haverion we should be hitting double digits soon as the numis report was based off old data which was a conservative 5.5m oz estimate but we know newcrest want this to be their cash cow so that means 15-20m oz is more likely

25p + 2020 hold for gold

Thanks gymboy for the heads up on the fund

Repost of his research

From ADVFN

First time that I see this fund, hopeful a few more will declare.

Marlborough Nano Cap Growth P Acc - 40,540,540

https://www.morningstar.com/stocks/xlon/ggp/ownership

https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000QKEI

Repost of facts we know thus far - feel free to add more

What a time to be in ggp

1. Huge news on newcrest making Haverion their primary project going forward
2. Newcrest Speeding up budget by 25m and progress to get results ASAP
3. We haven’t even hit all of the territory yet with northwest still untouched
4. GH said expect lots of new flow now
5. GH said he wants to maximise shareholder value
6. Great grades of gold and significant scope and size especially for newcrest level company (24bn market cap) so that means this is ginormous
7. Numis broker target 6p and that’s only from earlier drills so we got new data coming soon
8. Expecting 20-30k further meters to be drilled
9. So for estimated 5.5m oz and that’s not even scratching the surface as a company like newcrest wants 15-20m oz and then heavily promoting it means they think they can achieve that
10. Presentations to institutions meaning further BIG MONEY buying this up
11. Other 100% owned licences such as scalleywag showing very similar characteristics to Haverion so we could have 2-3 bites at this golden nugget cherry
12. Based on the ggp slide we can see from recent tweet at the institutional presentations - we can see “Underexplored with Huge Potential” so we’ve got significant growth to come from these levels

All in all we know we’re very undervalued here and with conservative estimates thus far going to get smashed through with regular current data and newsflow - we’re on a rapid ascend

25p+ 2020 hold for gold

Paddy with another gem of a post

So we’ve got giant Haverion here and GH said we’ve got two to Three licences which have similar characteristics to Haverion which obviously means scallywag

So not only can we have the giant Haverion here we may have another two to three giants here in our portfolio. 3 bites of the golden cherry

As the sorry unfolds with more of their results can you imagine how positive this will affect market cap valuation and the share price

We know this can get to 25p+ purely on Haverion but with 2-3 more such projects. WOW!!!

We’re at the dirt cheap prices here and institutional big money knows it .

Hold for gold

Great post Johnny as always - we are so undervalued here

Also given the fact that the Numis report was on old data and self admitted conservative then we are looking at much more current (as of today) figures which should take us to the double digits for starters

Remember we’ve got newcrest going turbo with speeding their budget by 25m and ready to get phase three started. But most importantly they are prepping to mine

A company valued at 24bn doesn’t look to mine for 5.5m oz they look to mine for 15-20m oz which is why they are saying it’s their new era discovery haverion :))))

Bodes so well and best of all we are at the start and this with now big institutional money coming in buying this here and cheap we are going to be looking up up up here

25p+ 2020 hold for gold

Repost of Johnny Evans great posts today

Managed to use my institutional connections to highlight me the main parts of the Numis note. You are all welcome.

From the note, read carefully

"We assume a 100Mt orebody at >1.5g/t AuEq - Our 6p target price is predicatedon the delineation of a >100Mt Reserve at an average grade of >1.55g/t on a goldequivalent basis. The scale of the reserve is in line with the currently defined extentof the deposit at 450m x 600m x 150m, assuming an average rock density of 2.8t/m3.Ultimately we believe that this could prove to be conservative in terms of scale as thedeposit remains open at depth and to the northwest and conservative on grade giventhe exceptional grades that have been returned from the drilling to date."

Forget 6p here we looking at well into 10p + easy here short term as the above does not include 20,000 to 30,000 m of new drills happening over the next two quarters.

We are just at the start of knowing just how world class Havieron is, listen to this (ignore the noise) hold them tight and strong buy here.

https://www.proactiveinvestors.co.uk/companies/news/911846/greatland-gold-s-gervaise-heddle-delighted-as--true-scale-of-havieron-begins-to-emerge--911846.html

And this gem

"We retain the view that GGP is one ofthe most exciting exploration projects globally at this point and note that, beyondHavieron, little value or attention has been paid to the company’s broader landholdings across the Paterson district that remain essentially untested."

..10p+ could be the tip of the iceburg here...we have no idea how high this can go....numis are being conservative big time

Wow this is just the start - hold for gold :))

Exactly guys this is all super conservative at the moment and we’re only just beginning here

Dirt cheap here hence why institutions are just going for it and buying up and fast as they see this moving rapidly with more and more drill results coming and other news/ licences similar to Haverion ie scallywag

Imagine 2-3 haverions level discoveries on ggps books like GH said other licences have very similar characteristics to Haverion

We’re only on lap 1 here and we’ve got the whole grand prix to go - hold for gold 25p+ 2020

Great one Johnny I got it verified from my broker friend who got me the numis target price earlier in the week

Blimey we are in for a bonanza here as not only
Is their price and estimate conservative but it’s old data and we’ve done a ton of drilling since and newcrest are exponentially speeding up drilling and phase 3

Double digits in short order imo but the real gains are hold for gold 25p+ 2020