From FB.10 Dec 2020 00:26
For those of you wondering whether this result was
Good?
Bad?
Indifferent ?
For the company, it’s fantastic! People expecting it to “drop??” because they were expecting a blockbuster figure. Well believe me, 3.4 Moz is blockbuster il tel you that. Get things into perspective and look at the bigger picture. If you DYOR research you’d have heard a couple times Gervais Heddle stating the MRE is targeting the Southern Eastern Crescent alone.
This targeted zone by the way is still open at depth ????as is the rest of Havieron.
Taking the copper into equation and AISC, greatlands value of that 3.4 Moz& copper will be around £1 billion.
£1 billion! This factors in also a small portion of the northern breccia. But there are still 3 targeted zones not targeted in the inferred MRE. That £1 billion in value id comfortably state Greatland overall share of the site will be double/maybe treble this figure
Then add in the maiden drill results coming back from Scallywag.
Drilling and exploration to begin at both Black Hills and Patterson Range East in Q1 2021. The Havieron system seems never ending and is still widely open
£1 for me is a matter of when, not if. It’s the end of the beginning, not the beginning of the End
Will it drop in the morning ? Who cares. For the first time, Newcrest and Greatland have given the market a clear benchmark of what kind of deposit we have and the numbers are only going to grow. The market loves certainty and we now officially have it
Support the journey and try to understand what a landmark result this is to the company and all shareholders.
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