Just the start for 25p+ 2020 - hold for gold !!31 Jan 2020 14:10
Summary of what’s we know
1. Newcrest have made Haverion their new era gold discovery so are pining a lot of their future revenue and value on it
2. A company like newcrest would do that or majorly promote it via social media, presentations, reports unless they had done sufficient dd and know that this is going to be significant for them
3. They’ve sped up budget transfer pumping the 25m earlier into project as they want results fast
4. They are also trying to get to stage 3 ASAP as per GH
5. They originally were only meant to do 4 drills yet quickly increased that by 50% to 6 drills through the hot Aussie summer because they are so encouraged
6. The level of quality gold grade and size and scope thus far are massive and for a company like newcrest to be so pleased is a sign of their bullish nature on it
Companies like newcrest don’t go for 1-3moz they got for the jugular 10-20Moz minimum so that’s the levels we are talking about
7. We haven’t even begun on the north west region yet so we could discover even more there
8. They are preparing to mine Haverion as we saw in yesterday’s report. That is blooming huge - so soon into the project and they are preparing ready - mamma Mia they know they’ve got the decade find gold play
9.GH has said that he’s focussing in share holder value and plenty of news to come
10. He said that other licences has same characteristics as Haverion - could we see a part 2 or part 3
All in all we’ve onto the biggest gold play around at the moment as we’re at the bottom end of where it’s going to go
I feel we will get to 25p+ based on what we know and it could get better . Newcrest could even just offer to buy us out but GH etc aren’t stupid so this is never being bought at these levels mid double digits for starters
Feel free to add more info team
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