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Absolutely agree zoros, the catalysts to stimulate the sp have been there for all to read about, for months and months and they are worth reading every single day.
Better this than the constant drivel from trolls de-rampers and disruptors.
Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "The Growth Drilling campaign at Havieron continues to deliver excellent results with significant intercepts of high-grade gold and copper outside the existing resource shell. These assay results have once again extended known mineralisation below the main South East Crescent zone and to the north-west in the Northern Breccia, adding further scale and value to the Havieron orebody.
With nearly 200,000 metres of drilling now completed, including extensive Growth Drilling in recent months, we have significantly enhanced our understanding of the orebody and the likelihood of delivering an upgrade to the Mineral Resource Estimate in the near-term.Early works for the mine development are progressing to plan with the decline now advanced to over 120 metres from the Portal towards the top of the orebody.
The pace of construction activities and surface infrastructure at Havieron is intended to expedite future mining operations, enabling early free cash flows to be re-invested into further development. This supports our belief that the low-risk profile of Havieron makes it a globally unique opportunity for bringing a tier-one gold-copper mine into production."
RNS GGP 9 Sep 2021
https://polaris.brighterir.com/public/greatland_gold/news/rns/story/wv14j3w
Greatland Gold PLC (GGP)
1,523 followers
7h
There are many short-term catalysts to create additional value as Havieron progresses, including:
PFS release in H2 2021
MRE upgrade/update including scheduled 65,000m of growth drilling
FS projected CY22
Decline reaches top of Havieron ore body
Evaluation of bulk mining method could realise substantial reduction in AISC
Resource is augmented by discovery of mineralisation, nearby to existing Breccia pipe
#GGP #GreatlandGold #Exploration #Development #LSE #Gold #Havieron
https://www.linkedin.com/posts/greatland-gold-plc-ggp-_ggp-greatlandgold-exploration-activity-6846613659125473281-phqr
Havieron |- Graduating studies pathway
Potential for the scale of Havieron’s development to evolve should the ongoing drill programme continue to be successful and deliver an expanded ore body.
Initial Inferred Mineral Resource
3.4Moz Au
160Kt Cu
4.2Moz @ 2.5g/t AuEq
Mineralisation open at depth below resource estimate
Averaging >6,000 OPVM in top 600m.
Averaging >75,000 TPVM in top 600m
Pre-Feasibility Study
Resource Upgrade
Potential maiden Reserve
Identify the pathway for expedited commencement of mining
Leverage the decline when it reaches top of ore body
Utilise existing Telfer infrastructure
Early free cash flows provide the opportunity to re-invest into Havieron development
Resource Growth
Resource updated with growth drilling
Direct ongoing drilling focus
Definitive Feasibility Study
Decision to mine
Facilitates finalisation of funding
Supports Final Investment Decision (FID)
Mine Optimisation Studies
Continuous optimisation of mining methods
Further consider material handling systems
Focus on enhanced sustainability measures
“(Havieron) will ultimately lend itself to different types of mining depending upon each scenario but the first order of business is to get down and start mining the crescent zone using open stoping techniques.”
Sandeep Biswas
Chief Executive Officer
Bank of America Metals and Mining Conference, May 2021
https://greatlandgold.com/wp-content/uploads/2021/08/GGP-Corporate-Presentation.pdf (Page 12)
https://twitter.com/GreatlandGold/status/1440848928908402689
Quite frankly I work on around 4p per MozAuEq for GGP's 30%
No I don't think so.
I have just run through SB's Denver Gold presentation from 15 Sep:
https://www.youtube.com/watch?v=wC5LAxqY85k
At around 9:00 "the findings of the Red Chris PFS will be released around the end of the month" Sep21
At around 10:10 with the Havieron slide showing SB states "Our PFS should be released later this year"
The following slide then shows the milestones for NCM projects:
Red Chris PFS Q3 CY21
Lihir PFS Q3 CY21
Havieron PFS H2 CY21
Then at 11:15 he then says something like "we remain on track to release the Red Chris/Havieron and Lihir PFS studies shortly"
That final statement slightly contradicts his previous statements and the slide.
It is my view and you can make up your own mind, that the last statement was off the cuff and the slide and earlier comments represent the facts of the matter Red Chris end of Sep and Havieron later in the 2nd half of Calendar Year 2021.
Goodnight All
Market Release Newcrest Mining 20 November 2020
https://www.newcrest.com/sites/default/files/2020-11/201130_Newcrest%20signs%20Havieron%20Joint%20Venture%20Agreement%20-%20Market%20Release.pdf
Market Release Newcrest Mining 20 November 2020
Newcrest signs Havieron Joint Venture Agreement and expands its
presence in the highly prospective Paterson Province
Extract page 2:
Loan Agreement
Newcrest and Greatland Gold have entered into a Loan Agreement which will provide Greatland Gold with
access to loan facilities totalling US$50 million.
Interest on the loans will accrue at LIBOR (or its successor rate, if applicable) plus 8%.
The Loan Agreement has been secured against Greatland Gold’s joint venture interest and will be used to
fund its 30% share of early works and growth drilling activities up to the completion of a Pre-Feasibility Study
and, thereafter, joint venture expenditure requirements towards completion of a Feasibility Study. The loan is
repayable from 80% of the net proceeds from Greatland Gold’s share of production at Havieron.
Should Newcrest exercise its option to acquire an additional 5% joint venture interest at fair market value at
the end of the farm-in period, the amount outstanding under the Loan Agreement will be offset against the
purchase price payable by Newcrest.
Yes its true that the quarterly exploration reports (that are scheduled and issued with the quarterly financials) vary sometimes the interim updates are fairly consistent.
I am expecting the next Interim Exploration Update on Hav from Newcrest Evening of 8 Sep in UK.
So Lenz, I would have to disagree with the 2nd Sep for the Interim Exploration Update.
The last six interim updates have been released in the second week of the month and the last 5 of those were on Thursday.
The last four reports were exactly 13 weeks apart.
Thirteen weeks from the last report will be Thursday am 9 Sep in Oz
And therefore Wednesday night of the 8 Sep in the UK.
. . . . . . . Probably.
Out this afternoon. Back now reading my original post and have decided the subject heading needs to state the date it might be issued in the UK and not the Oz date so to confirm:
Possibly out Wed night of 10th March some time after 2100 in UK.
So possibly here in the UK Wednesday evening of the 10th sometime after 21:00
Based on the following historic information:
HISTORY OF INTERIM EXPLORATION UPDATES
Newcrest entered into the farm-in agreement with GGP in March 2019 but at that time they only reported quarterly. I seem to recall that someone on this board contacted GGP to ask for more frequent reporting of the drill results.
The first interim exploration report was issued in September 2019 and on average pretty much every 13 weeks since then:
Tue 10 Sep 19
(12wks-1day)
Mon 02 Dec 19 (apparently issued a week early for GGP AGM)
(14wks +1day)
Wed 11 Mar 20 (UK 10 Mar 21:23)
(13wks +1)
Thu 11 Jun 20 (UK 10th 23:25)
(13wks)
Thu 10 Sep 20 (UK 9th 23:37)
(13wks)
Thu 10 Dec 20 (UK 9 Dec 21:58) (I thought this might be issued early like last year - NOT)
If we therefore assume the next Exploration Update will be exactly 13 weeks, that will be:
Thu 11 Mar 21 in the morning in Melbourne Australia. Wed night of 10th some time after 2100 in UK
These updates are not on Newcrest's list of key dates so could drop on any day.
The report will appear here:
https://www.newcrest.com/investor-centre/results-reports?report_type=6
You can get the update in your email go to the bottom right of the page here:
https://www.newcrest.com/contacts
I know exactly what's afoot.
It's that thing with five toes on the end of my leg.
Trade definitions are based on the mid-price and are indicative only.
If the buy and sell prices are above the mid price they will both show as buys, and if below then as sells.
I don't know about earlier, but in the last few minutes I obtained:
a quote to Buy at 27.3963p
and a quote to sell at 27.262p
Actual trades going through at those prices were both showing as buys.
So sad to hear.
Condolence never seems enough.
But yes, cherish all the happy memories.
15. Held back by the sudden surge in exploration activity in WA that is overwhelming the laboratories which test the drilling samples causing delays. - Probably the most unlikely reason :-)
Hi Rennie
Say 100k shares bought at 20p = £20k
Sell 100k shares at 34p = £34k
Buy £34k of shares at 34.2p = 99,415 shares
No of shares lost is 100k - 99,415 = 585
So in this example about 0.58% (and not 33% !!)
Next update from NCM is 28 Jan 21.
Scallywag will come from GGP at any time.
MRE maybe on 28th if sufficient more drilling results available but not certain with christmas break.
I do not expect a JV but who knows.
Conservatively? = 74p
Highly speculatively? = 144p
Thank you Mickey.
A Happy & Prosperous New Year to All.
I would have to say my best post is from July:
"I have to agree Lebugue that Paddygall wins the award for the most comprehensive and continuing feed of highly valuable insight. I would say without a doubt I have only stayed in this share because of the paddysat images giving a view of what is happening on the ground at Haverion far in advance of the Newcrests reports."
I think the claim to Fame must go to Paddygall.
Many of us would not be here making forecasts if it were not for his fabulous satellite reports.
Thank you so much Paddy.
Have a very Merry Christmas and a Happy New Year.