Member Info for daveri007

Also what pleases me is knowing the Martu (a grouping of several Aboriginal tribes in the Pilbara desert) will benefit from the massive gold discoveries in their homeland. A win:win which is always nice! Well done GGP - making a massive difference to so many folks lives! GLA

The beauty of investing in GGP is we are not a business that has a finite market....we are a global business and if we keep finding gold in the hottest postcode for gold discoveries in the Southern hemisphere then there really is no limits.

Sorry couldn't help myself ....so excited it sounds like a ramp but just remember patience is the key ingredient here (just ask some of the LTH's here who have already made a million pounds plus paper profit and still are not attempted to sell)....Ignore the daily/weekly/monthly spikes and look forward to a news rich 2021 and beyond! ATB

@daniaal - simple answer is yes...We have 4 high profile targets at scallywag and 4 high profile targets at PRE and of course we have Blackhills saddle Reef ...If we find at least another two-three Havieron's then for sure...especially now that we have the Juri JV in place with Newcrest...2021 will be a pivotal year for GGP. GLA

@Ruprah, No one will know until tonight - there will either be a release on the ASX by Newcrest or there won't :o)

I agree, Newcrest have no reason given the latest news releases to purposely deflate the numbers - was just as @TimberTrader highlighted setting investor expectations.

Ultimately, IMHO I see in excess of 20Moz given the high grade mineralisation being discovered at 1300+ meters depth ATB

Hi everyone, so we all know we are expecting the Havieron "Initial Inferred MRE" in December - maybe tonight 9:30pm - 10pm should Newcrest release before GGP's AGM this coming Tuesday.

Mineral resource classification fall into three categories, (1) Inferred, (2) Indicated and (3) Measured. Only measured and indicated can translate into reserves - Inferred resource estimates are considered too early stage or too speculative to fall into a reserve estimate - so the main difference between the three categories is the level of certainty.

As Gervaise pointed out in his interview with proactive on 29th October ( https://www.youtube.com/watch?v=TVBJ2RzglaE )
the Initial Inferred MRE will ONLY cover the South-East crescent and breccia where the greatest drill density has been executed by Newcrest.

This first MRE is only the initial inferred estimate and will NOT include the other 3 zones (North-west crescent, Northern breccia, Eastern breccia) which will take at least another 12 months to prove up given they are still open and at depth. In fact Newcrest are still finding new zones of breccia mineralisation - Havieron keeps on growing which IMHO is why Newcrest funded GGP a $50M loan to get this monster under control.

It is important for investors to understand the Initial Inferred MRE will be a fraction of the ultimate amount and not to be disappointed and fall foul of any MM tree shakes.

Hope this helps. ATB

£11-12 - that is ridiculous and would value us more than double the market cap of Newcrest .....keep it real Rodney, keep it real! GLA

When a poster who is invested in GGP makes a comment that is not in-line with others here or when IMHO his post is incorrect/unfounded....it doesn't mean folks here have the right to attack him in a rude and uncivilised manner....come on peeps lets move on! Thank you. ATB

Helge knows ;-)

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Hi Tig, If GGP sell for £2b that would put an approx value on the S/P of 50p on Havieron (not taking into account tax etc) - Be interesting to know how many Moz of Gold/Copper/Cobalt etc you have in your estimates? I know we still have our other prospects so exciting either way! ATB

Gervaise knows ;-)

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Here he is...bless him! :0)

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worth a watch - difference between indicated and inferred MRE.

https://www.youtube.com/watch?v=vGQn_JXBCAU

I think it's much more relevant to say FOMO for 2021/22 rather than just the Blankety Blank ;p GLA

I know...it sends out the wrong signals...why sell now just before first pour....I'm sending an email to DL to get his views! GLA

Would be rude not to have a Bugatti Chiron on the front end...The S/P might need to get to £1.50+ to live the dream ;p - It can happen. GLA

I'm buying mortgage free this when we hit 40p ;p

https://elddis.co.uk/models/buccaneer-bermuda

Oh and regarding Kistos, my approach is to hedge and invest in both...both companies have a proven track record in building value via acquisition ...we all know that and that's why we are invested! Kistos being newly listed have the market attention...and AA knows his stuff and has plenty of skin in the game and you could argue that AA is closer to the coal field so to speak having only just left it (if at all)....BUT don't forget the reasons you invested in LBE....nothing really has changed...the fundamentals are still the same and the Norwegians are stubborn and shrewd business people.....it's going to happen and when it does it will be worth the wait! GLA

Well, the good doctor certainly knows how to ramp if they are doing a placing...Just saying!

Still invested here and thinking it's a bottom drawer holding! Patience will be rewarded! GLA

Hahahaha - Mush, you know the Romans love to tax the wealthy! ;p ATB

Mush...that's annoying...never mind the rest of you're shares have risen....BTW, you are worthy and your money invested in GGP is as good as anyones regardless of when you invested...be it today or years ago!....I topped up with a considerable amount again on Monday....I'm soooooo greedy :p