Member Info for Culpepper

Everything that comes from Mr Olaffson, is cautiously expressed, whilst he, and his reps, exude confidence. Very profitable at 2000 dollars gold. They say.

96dc2.

I have hopes for index buying. But people can sell also.

The company, on sp, has to continue to create a balance of buyers, on progress from results. And a bit sentiment.

And I don’t know, Mr. Days hub and spoke hopes, but the Antipa thing and so on, things like it, arent so far stretched as to see the merits of fulfilling Telfer processing capacity ( seems to me, even with Hav it’s say 50% below capacity )

Possibility, in due course, of acquisitions ( which they said theyre open to consider ) or tolling fees,

Well, I think what people want to see, well I do, is the basic case, an increase in Telfer resource, extended mine life and positive revenue across the company to pay for, as near as possible ( and there’s a Hav loan, subject to FS ) whatever comes out in that end of year FS on projected Havieron mine capex at an expanded level beyond existing, is it 2.4mt per year.

As I see it, technically, Ggp inclusion in ASX is neither an IPO, or direct listing.

Never mind.

All discussion crap, except for timescales.

Anyway, it will come, apparently this year.

We await Elements notes, just now, on what he suspects Mr. Day might have said.

I put that link up before Tom.

Doozer still thought it was 3 months.

Element said it was ‘discretionary’. But maybe rules are rules.

It’s just for the Australians, previously holding shares. A scrip for scrip rollover. Doesn’t involve a sale, no equivalent CGT.

I’m still unsure about the ASX 300 and up, indexing. As I posted before, with link, I think it may be 6 months on ASX. I have seen nothing to substantiate 3 months.

The last RNS might have been acceptable had the ASX prospectus gone down that road.

His difficulty, as I mentioned before ( they dropped a b+llock with the prospectus )is in explaining away, to ASX regulators and investors, the reason for the difference between ‘guidance’ in the prospectus and the shortly thereafter RNS detail. He may have a problem with that, however it’s wrapped up. It seems at the least the board failed to allow sufficient leeway, and then came up with an after the event ‘ore risk assessment.’

Embarrassing, but will pass into history, provided he has it right for next time.

Https://thatstocksguy.substack.com/p/small-cap-mining-august-review?utm_source=post-email-title&publication_id=1504413&post_id=169954066&utm_campaign=email-post-title&isFreemail=true&r=4xupfa&triedRedirect=true&utm_medium=email

They said then grades were improving. From what I posted on 21st July, it looks like, according to Mr. Olaffson, they’re aiming for a 94% recovery rate at 12 - 16 gms per ton. Sometime.

Next report date.

Just on Nalunaq, couple extracts where they were, thought they were going last time.

“We utilised the winter months to mine the development tunnels, giving us access to the orebody in the Mountain Block, and I am pleased to say that towards the end of the Quarter we have been achieving rates of up to 220t/d of ore, which is being stockpiled.”

“While we remain in the commissioning and construction phase at Nalunaq, I am encouraged by progress to date and, with conditions continuing to improve in Southern Greenland as we head into summer, our teams are working hard to deliver our targeted throughput by the end of the year and a busy exploration season.”

“Outlook for 2025There has been significant operational progress since the conclusion of Q1 2025. With continued up time in mine development rates and processing throughput. We continue to target a run rate production of 300t/d in Q4 2025. During this commissioning phase and as a result of promising operational progress the Company expects full year gold production to be in the range of 5 – 20koz; a wide range at this stage due to the nature of the trial mining and commissioning year. This for example entails stopping operations while we install the final automated electrical systems, water system and the phase 2 flotation system. There is however potential to narrow this guidance range as we progress operations through the remainder of the year. Once full ramp up is achieved, the Company will provide its outlook for the full year run rate in 2026.”

Thankyou. Bit personal, isn’t it, I would think.

At the same time, rather namby pamby.

What are ‘moobs’ by the way, as suggested to what Freddie should be doing with them?

I suppose it could be about buyers and sellers on a stock exchange. Maybe that’s far too simple for this board and Ggp.

He’s a gem.

JORC and VALMIN.

About time for Panama. ASX chess and all that. My hero Shaun.

You tell em Dippy.

Youre great!

You, and now that Speedy person, should not get over-concerned, it obviously worries you, about your voices on this board, being diluted. It’s just a bb. Fellow ‘investors’, punters waffling.

Post away!

“most of whats been posted on here, historically and recently been rat ****, hasn’t it?"

You are correct CP, and 95% of it has come from you.”

It ain’t, actually, Nuggsy.

You can post it. Get it ticked up.

Still don’t make it true. As readers know.