Member Info for Culpepper

Hence Palmers comment about reserves and resources.

There may, or may not, be reporting changes within industry standards reflecting Newmont’s preference in exercising any flexibility they have within those, they say, high standards.

Thomas Palmer

“Nothing is that level of granularity, Tanya, but our expectation is similar to the Goldcorp experience. You will see -- without going into specifics, you will Newcrest reported reserves in some instances move into Newmont reported resources. You've also seen -- I think many people fully understand as we move from interest reporting to accounting to U.S. GAAP accounting, our definitions for the stockpiles and for sustaining capital and other things can change. Our coproduct, byproduct accounting will which change. There'll be some moving parts around all of that as well. But we don't have that granularity yet, Tanya.”

Thankyou. I was thinking more of how Newmont may report as opposed to Newcrest/Ggp.

But I leave it there.

We shall see it when it comes.

Well, it’ll make little difference to what the companies put out to the very much wider market.

On the much anticipated MRE, can’t put my finger on it right now, I think there’s the possibility that it may be affected by the manner in which Newmont choose to ‘classify’ reserves and resources. I have it in mind from somewhere they are somewhat more ‘picky’ in that respect.

If that is so, I might expect it to be put into perspective alongside previous.

Well, there’s ‘deramping’ and there’s ‘explanations’ given on the ‘main forum.’ There’s a dragon up that tree now prove me wrong sort of thing. Doesn’t help.

Library useful though, and thanks for that.

And advfn is more of a joke than this site was ever claimed to be.

“Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness.

Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery”

― Charles Dickens, David Copperfield

Https://www.barchart.com/stocks/quotes/GGP.LN/cheat-sheet

Must be, or it wouldn’t be up 60%.

Dip.

I wonder sometimes how many read the published information.

Haha. 400k just popped up.

Yes. They do it all the time, picking on would-be Ggp shareholders.

Permanent lock down sometimes across the lot when people want to buy.

Certainly help our heavyweight board, wondering what’s going to happen next to the aspiring mining company they joined.

It would be nice just to get Hav into production and free cash flow from the 30%, and to use that to fund the development of those yet to be found gert lush ones, as per ‘the plan.’

Everybody likes Callum.

I consider that a good thing for Ggp, if so.

Beginning to look as I thought. If Newmont consider divesting it’ll be getting close to FS by then. Whhinch they may want to complete, to better inform that decision.

So MRE next up, and maybe some drilling results.

And I float, nothing more, it might be easier to buy Ggp than prise the flagship asset away from an aspiring miner.

Like I said, why would Newmont want to rush divestment til they know what they have in projected earnings and so on.

All I think is it’ll be all or nothing for them to make the best of it.

JD. Care to share? Didn’t think so.

I don’t know how it’ll pan out - and that’s despite having Sisu AND woo-woo!