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https://twitter.com/priminvestments/status/1260203412525850624?s=21
Prim have the Exact same reaction as us too
Amazing stuff
Hold for gold
https://twitter.com/valueaimtrader/status/1260202128565551104?s=21
Sandip got nervous like i said before when asked I feel like he’s got his plans found out after the question about take over. Mamma Mia we’re in for a thrill ride here Imo
Hold for that 10x better gold grades than tefler gold!!
Amazing presentation here bloomin brilliant
Sandip got flooded with questions about Havieron and damn he answered exactly what we’ve been saying
1. This is going to be highly profitable for them as the costs are v cheap as tefler has the infrastructure already
2. Grades 10 times that of tefler - from the horses mouth 10 times - with gold prices rising this is a double boost for them
3. More mineralisation than first thought in areas drilled
4 the big one - when asked about the buy out of Greatland he obvs couldn’t answer it directly but his tone and language changed - he got nervous and couldn’t answer properly but that for me is a massive tell sign that it’s Definitely on the cards at some point but with Haverion growing and value increasing the buyout is only getting higher and higher great for us Greatlanders
Hold for gold
https://twitter.com/valueaimtrader/status/1259765380060450816?s=21
I agree here - got plenty of upside and with newcrest full of cash 1.4bn and access to the same via facility
And them wanting to own 100% of portfolio
And the fact that the prim ceo believes this is bought out late q2-q3
We’ve Got multiples of upside here
Hold for gold
Totally agreed Johnny
You can’t stop this Haverion getting bigger and bigger
Newcrest got another 13km to drill to June and then starting 80km from july. They wouldn’t go fast and so much unless they knew this was a giant discovery
They’ve said publicly this is tellers replacement and like you said the gold grades are better than tefler
The numis report and the info from the quarterlies was based off data to march 31st but we are in May know from Paddysat and our own research that they’ve done newer step outs and drilling
so the question is and it’s an easy one to answer is that how big will this be by interims and then next quartlies - based on history it will probably be worth double like from January to March (6p target to. 12p) so I assume It will be in the 20s but per the prim ceo I feel this will be bought out after July results and before q3 results and at fair value and given the speed they are drilling the value is rising per day
30p+ Imo given how big and the quality of the gold is
Hold for gold
https://twitter.com/valueaimtrader/status/1257954744389296128?s=21
https://twitter.com/pennystockpuntz/status/1257955819720708096?s=21
So did no one notice the 2 EXTRA zones of mineralisation on the corebox model behind Callum in the backround?!
Think we can sat what the NW and SW drilling is
Very interesting spots from the presentation
Much much bigger than a god us thought
More than ever hold for gold
Callum Baxter, Chairman/CEO of Starvest, commented, "Progress at Havieron has accelerated over the past year and the recent delivery of another batch of outstanding results confirms the exceptional potential of the deposit. Since Greatland's discovery of high grade gold and copper mineralisation at Havieron in 2018 the deposit has grown significantly, and we expect a maiden resource estimate during the second half of this year. Technical studies are underway to support decline commencement by late 2020 or early 2001 and fast tracking of early production. We are very pleased with our holding in Greatland which has seen a substantial rise in share price since the start of 2020 and we are committed to our holding in the company."
When a major holder is holding for gold
We do the same
Hold for gold
https://twitter.com/ValueAimTrader/status/1257621278929883136?s=19
According to one of the lead people on twitter along side our very own paddy here
Expecting takeover of a conservative 25p - wow oh wow!!!! I’m hoping it is conservative and we hit 30p+
All to play for today and reading the prim ceo statement in their quarterlies and he believes late q2 to q3 its buyout time and prim are a major holder and know the company and sector inside out so that’s the biggest sign there
Imo top up stick relax and hold for takeover gold
Haha a contender to the Greatland hymn
This is a movie I’d go and watch
Hold For gold
Think it’s coming soon
https://twitter.com/ValueAimTrader/status/1257291358915739648?s=19
Wow I’m v v eager to see this now
Newcrest seem v v v bullish here :))))
Hold for newcrest buyout gold imo
I saw this on twitter and it’s worth reminding ourselves what the prim (big holder) ceo believes
‘In our opinion Newcrest Mining will seek to acquire the entire share capital in Greatland in the near future, possibly just post a maiden resource estimate for a small part of the overall mineralised system. We expect this maiden resource in late Q2 to early Q3 of this year.
The reasons for these convictions are again simple. Telfer is 100% owned by Newcrest, as are all their Australian operations. We can't see any reason for Newcrest to maintain a minority partner at production level and the market capitalisation of Newcrest at some circa A$24 billion and with billions in cash and at call liquidity, it is easily capable of swallowing Greatland.’
They believe that this will be bought out v soon and with the recent cash raise and balance in newcrest books AND the fact they like to own 100% of their operational activity then this is a no brainer
The numis report used march info and we know tons has gone on since then and that 12 will be increased significantly by next results and then the fair value will also increase as a result - all in all the upside here is huge!!! Ducks lining up v nicely for the fair value buyout imo
Hold for gold
Yep the fund buying multimillions in April and before def agree it’s getting very serious now
Hold for gold
Mate of course spread the word
What I think is they’ve doubled their holding just in April and after yday news may go harder in May
Also I think it may be a trigger for other funds to come in and buy Esp as newcrest raised money to start the decline which means they want to mine Haverion
I reckon we’ll be bought out imho before then at fair value
Hold for gold
For those who missed it
Huge fund buying up
https://www.morningstar.com/stocks/xlon/ggp/ownership
https://twitter.com/valueaimtrader/status/1256186818447409156?s=21
Huge institutional money here buying up and now they own 2.65% of the company . We knew the malborugh fund has 45m shares but they’ve more than doubled their holding
Huge huge money coming in here and that top up of 47m shares was just in April - imagine what they’ll do in May after yesterday’s blockbuster news
https://www.morningstar.com/stocks/xlon/ggp/ownership
hold for gold
https://twitter.com/valueaimtrader/status/1255821521752383495?s=21
Market needs to wake up to the fact that using 1moz=1p to the #GGP share price is (totally) outdated. A few days ago I said $200+ #gold was conservative
Numis report using $300 now!
20Moz resource @ $300/oz valuation is 34p share price
So each Moz is 1.7p to the GGP share price
(Quoting the tweet)
Hold for gold
1200m they found gold
Kalgoorlie the biggest pit in Australia is only 600m
So imagine how big m this is going to be
Hold for gold
https://twitter.com/pennystockpuntz/status/1253271068476915713?s=21
Exact sentiments here I agree - this is shaping up to be a monster and a gold discovery of an era
I’m excited for this weeks result but I see it as a just a chapter in the ggp book here - I feel golden summer is ahead
Holding on to my gold nuggets tight