Member Info for Culpepper

Ace. I think the mystic bit from you is entertaining. Passes the time

It’s a big operation. Can deal with 1 or 2 gms a ton. But not ‘world class’.

Got to get through proper commercial production from Hav, stoking up the bank balance.

Well, you know, future guidance will prevail, Hav being the goal in I personally guess, 2029 when they’ve ironed the wrinkles out.

I accept that. Don’t argue, particularly with it. It’s flexible. But you can usually buy, or sell, on a phone call.

So generally, the cant buy or sell, dependent on volume, becomes wishy washy, at a point in time.

For transparency, which nobody will accept from me, I sold a lot at 240 - 250.

I retain £10k worth.

I think next results are baked into sp. Maybe exceeded.

And then onto caoex, Telfer and Hav., the effect on sp, I dunno, like you lot, I suppose.

I can never work out these posts on here.

I can spend £60k on HL, @ 253.

Sorry. Specsavers. He said 30000 plus.

Apologies.

I think the 20000 ozs final para is a mistake, typo?

Looking at double that, minimum.

Https://substack.com/app-link/post?publication_id=1504413&post_id=170956046&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=4xupfa&token=eyJ1c2VyX2lkIjoyOTg3MjQ2NjIsInBvc3RfaWQiOjE3MDk1NjA0NiwiaWF0IjoxNzU1MjQ0MDc2LCJleHAiOjE3NTc4MzYwNzYsImlzcyI6InB1Yi0xNTA0NDEzIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.5Y8osZVjDG_BQ7-GI11E555KScVtVSk6drpjXBqjlgA

On the exploration side, I note ‘ We have a very busy exploration programme this year, which we will be reporting on in September, October, November and all the way into March. So we will have a very busy reporting period coming up’.

Could amount to something, or nothing.

Bit of working out required on the translation.

There’s some answers in there, gap filling to RNS.

https://uk.investing.com/news/transcripts/earnings-call-transcript-amaroq-minerals-q2-2025-sees-gold-export-revenue-93CH-4220401

Plainly, the setting up of the plant is not currently permitting the recovery rates as might be indicated to be expected in due course, from MRE, high gold grades, and contained within ongoing stock-piling. Hopefully, recalibration over time this year will take things to a stage when recovery rates for full commercial production can be published as ongoing representative.

Once these activities are completed the processing facility will be calibrated to higher recovery rates, enabling higher cash generation from the facility, which will be further enhanced once it is running at nameplate throughput of 300 t/d.As a result of having the flexibility to bring forward this Phase 2 work, and the subsequent period of shut down, the Company is targeting full year production of approximately 5koz for the full year 2025.

Theyre where they hoped to be, and appear to be bringing some things forward.

I see it as good news.

And business coming in for Suliaq.

I agree. Post some facts, we’d be grateful.

Or stop your pettifoggery.

On my reading, what I understand is about 1.5bill AUS to bring Hav in. Give or take, nobody knows. Dependent on mine plan, FS and all that, at a point in time.

“You have done well with your fishing expedition today my dear peppers.”

I’m not fishing, nobody I wish to catch.

Just what I think, as I go.

No I don’t, if you play with semantics.

But I do suggest to you, when we get near it, it will take up more space on here than much else.

Call that late thinking if you will, or a decision to talk about it which can no longer be out off.

And you know nothing.

If you’re telling me, less than half are interested in what the Hav DFS, might show, you’ve won. Capex, forward, and so on, as against Telfer operational profit, not free cash flow, across the company.

It keeps getting mentioned on here as a catalyst - and it’s what, after all, the Macquarie note seems to have been about, though putting it on here seems to have been resisted, for some reason, though much is made of it.

You have a differ3nt opinion - so be it.

Well, Ellcobbles, them on here can all take the p out of Freddie, so on.

Don’t really wash, day to day, just on the posting bit, does it!

Shares go up and down - revelation.

Ggp done well on sp

I think Hav is still so far off, that although some take it into account, others may look at what might be inbetweem over 4 years.

Well, you’re like some/most on here, blathering about just another poster, as your posts show.

Disruptive, and dopey, with no displayed opinion on the company or sp.

Maybe you’ll state a sort of opinion at least?

Or snipe away.