Member Info for Dip666

Yep - for those on twitter - you can thank SD here :

https://twitter.com/shaun_day_/status/1554070884574384128

The GGP team have dropped print-ready PDF's of artwork used at the Diggers & Dealers forum, spotted by some geezer called Liam :-)

https://www.ggpchat.co.uk/viewtopic.php?t=440

Great work some of you guys on keeping up with the social media updates and keeping all informed - much appreciated :-))

silver - the 2020 bubble caught many out, market flooded with new investors using their furlough money while sat at home but there is always a point the music stops.
You thought you were Warren Buffet but the market had other plans for your portfolio and ego.....
Now is the time to try and position yourself ahead of where the big money will flow at some point, will it be this sector.....well a fair few of us think so :-)

Freddie - remind me to NEVER ask you for stock tips mate:-))
I had SXX on my watchlist as it was hard to ignore but too many questions about the 'how' for my liking so never saw it as a safe enough investment opportunity mate - but we're only ever one minute away from making or losing a lot of money on AIM and usually the latter so it's often as much about luck I think.
When I went in heavy in Jan 2020 here it was the first time I invested so much in an AIM company (and last probably, decent opportunities to invest on AIM are rare IMO) but I'd been reading up on the sector and exploration for weeks looking for a goldie and had a feeling this was going to be a large discovery from all the early signs and the discovery hole but also with NCM and Telfer could see a route for it going into production very quickly - instead of over a decade etc.
I think at some point gold and miners will have their turn to shine again - so I'm holding firm :-)

Liam's going to be back so don't worry about it guys - just having a much needed break :-)
Few have done as much as him for the shared community around GGP despite the fact he isn't a LTHer or from the Telegram groups he admins constantly to the GGPHelp web site and then the live streams and podcasts to the GGPChat forum which has fast become an encyclopaedia and excellent resource tool for those of us who love to research and share our analysis and thoughts.
And most rewarding of all..... it even culminated in two of the best interviews with Shaun Day which were preceded with an interview with the Alistair the CEO of Artemis, who are drilling across the fence from Havieron and gave us some interesting geological insights and of course the podcasts with Bamps were amazing too.
He isn't going to be rewarded as much as some of us financially from GGP's success but having spoken to him directly I know he is truly motivated by his personal experiences in life and with investments such as SXX to help provide a platform where we can all collaborate, share knowledge and try and protect ourselves collectively from the constant skulduggery that goes on in the markets.
It's been a hell of a journey for most of us by now, whether long term or short term holders from the days of Newmont pulling out of Ernest Giles or the rollercoaster ride that is Havieron and we still have quite the journey ahead of us before we get to the easy part - but we are so close now!
Let's all try and remember that we should try and debate our differences of opinions as adults whichever platforms we engage on - it isn't about 'winning' but analysing and cross checking THE facts and helping each other understand and make good decisions.
We all have differing perspectives , timelines and targets but ultimately we have a SHARED PURPOSE in giving ourselves and our loved ones a better life - we need to stick together as we've mostly done through the last 20 months :-))

The more work we do to prove up Eh/MM, then the better deals we can cut and every percentage retained will be very beneficial so there is a balance to be considered and EH and MM really are more mid to long term :-)
The iron ore tenements should prove a foundation to set the company upon to expand into silver and PGM's and with these assets in a Tier 1 jurisdiction and a region with plenty of infrastructure and majors operating within to cut deals with, the future should be very bright here.
Shame about Mexico but the Oz projects are what caught my eye in mid 2020 so a focus on them is certainly no issue with me.

Hi Bellers, perhaps he just needs a break for a while and will come back recharged :-)

Also I noted that they seem to have allowed posts back to the forum now as just seen a post by someone else......unless they've just blocked certain peeps......

Test:
https://www.ggpchat.co.uk/viewtopic.php?t=434

It appears that a cross listing differs from a dual listing so have posted some info in the thread:

https://tinyurl.com/2p969kr8

A good thread here discussing a dual listing :-)

https://tinyurl.com/2p969kr8

Notes from GGP Presentation at Diggers and Dealers - 02 Aug 2022

Link to read and download transcript and slides:

https://tinyurl.com/35yfhcfb

Great thread here about the odds and NCM's potential strategy/options for a takeover/Hav bid inc. a few 'missing' posters no longer here..... :-)

https://tinyurl.com/45ndhjzc

It made sense to me mate, as new tech and a better understanding of a gold province comes to the fore you then go and reevaluate all of your tenements in that region to see if you can unlock more value, just common sense and not a veiled threat to GGP or Antipa or any of their other partners - not when they spend considerable time promoting their partnership qualities in the entirety of the presentation - take a good read through the notes/transcript perhaps, he is talking not just about Telfer but Havieron and the Juri JV's and others such as Antipa.

And IF they do find another area of mineralisation in Telfer, that added to the dribs and drabs coming from there currently and our own 3 mtpa from the Starter Mine within 18 months are hardly likely to stretch the Telfer mill to it's limits and Havieron will take a few years to ramp up with bulk mining. They are bound to be looking for more ore to put through the mill either from new or existing sources and rightly so.

I've created excerpts of the notes with more relevant sections to us and overall it actually reads very well and they constantly promote and ask for new partners and complement our relationship, I think both Shaun and NCM team are working to put a more positive spin on the JV out there now that the price determination is completed.

As I said before, we take a partnership approach to it. So, we use this part of the talk to advertise that Newcrest is out there looking for projects. We would like more in Australia. We're, you know, presently heavily focused on the Paterson, but we'd like to get more. So, one of the reasons we do come to diggers is that we've got a large presence here in the booths.
?So, if you do have a project that you're looking for a home, please reach out to us because we've been flying around, so we'll finish on. Well, what does Newcrest bring to the table?

Well, we first of all think that we work very well in partnerships and we've demonstrated that we believe that that exploration is a team sport. It's not an individual sport. No one group or one person holds all the ideas.

So, we take a very collaborative approach. Our partners get exposure to our exploration DNA, which is 40 over 40 years of exploration knowledge. We also get the advantage of getting, to use our innovative exploration technology, which we are heavily invested in. And also our search base is somewhat different to the rest.

?One of the great things is we take a very flexible approach to deals from option level deals all the way, as you've seen through the mergers and acquisitions. And one of the things that we do get a lot of feedback from our peers and the other groups we deal with, for a company like Newcrest, we're pretty agile, so we can move pretty quick, sign a deal and get on the ground and pretty quick.

And I think Greatland and the Newcrest Partnership, it Havieron as a really good example of two….. our two companies have moved pretty quick to get that along. So, look, that's all I've got today. I think it's good to give an update the way Newcrest is. It's good to go back to 2017 and see where we are and I think it's been a phenomenal ride by the company and it's been great to be part of it. But I think over the next few years we're going to even get better and deliver more growth.

So, thank you very much.

THE END.

The interesting thing over the last six months is the Eastern Breccia. This is a it appears to be a discrete zone of mineralization that sits outboard of the south east present zone. We first drilled it in 2020 and hole 84 hit about 300 meters at two grams. If you were to look at this core, you'd struggle to understand why it's carrying that grade very different to what we saw at crescent.

?But infill drilling is now starting to see the higher grade like we see at Crescent. And we're seeing some of the, you know, the 62 meters at five grams and point 3% copper. The drilling, as I said, our drilling right now is focused on top of that Eastern Breccia…. only if you were to drill above it, you can't see it, so you only see it at around about 800 meters below that unconformity, it's a very confined breccia pipe, but what it does raise is the potential that we believe there's more of these floating around Havieron, and that's one of the things that we've also got in place now is that we're chasing both South East Crescent and Eastern Breccia.

But the question is, where's the rest of these other little breccia pipes? So, we're in the in the process now of moving our drill rigs into this area. In addition to that, Havieron has got a unique exploration model or target, very different to Telfer.??And one thing that John Heronski always been our ear about is resetting your exploration maturity clock by applying either new technologies or new models.

So, applying the Havieron model is actually opening up the Paterson again. And it's something we're applying on the interior ground and the Greatland Joint Ventures as well as our own 100% ground.?So we're actually going back into our Telfer ground and are looking at that right now.??So that's our story and now in our existing provinces. But I said before the search continues, we always are out there looking for the new ones. We take a very focused approach to our exploration when not everywhere. We only go to obviously gold rich belts so that's a given. But we only really go where we can leverage off our capability and we bring something to the table.

CONTD...

Now, jumping back to our traditional search basis. And this is in this part of the world. This is the Paterson and one of the stories that's been unfolding for us and Greatland over the last couple of years has been the Havieron joint venture, Newcrest joint ventured in there in 2009 and what we've done is leverage off the great work that Callum Baxter did at Greatland.

?You know we can never give them enough, you know, a well….thanks for what they did because they went in there and for a junior drilled some really deep holes, hit some significant mineralization. And from that Newcrest has been able to go in. And what we would say is the two companies in the exploration space have worked very close and we've significantly advanced this project in a very small period of time.??We've drilled, I think just over 250,000 meters. And as we talk right now, we've still got six drill rigs churning away up at Havieron. And it's located 45 kilometres east of Telfer, under about 400 meters of cover, centred on a bullseye geophysical anomaly. And if you were to strip the cover off, what you would see is this ovoid shape of alteration.

?The line here in blue, it's about 600 by 600m, and we've taken it down to at least a thousand meters below the unconformity. So roughly 1500 meters from surface, that alteration centred around a bunch of north west trending structures, some north south structures and a whole bunch of diorites, sills and dikes.

And what the mineralization is associated or formed within these very focused breccia pipes that just ripped through this system. And what's happened is they those breccia pipes have coalesced to form the major zone of mineralization, which we call sorry we referred to as the south east crescent zone, which is in this area through here. Now, that, as the name suggests, is a crescent. If you were to, you know, stretch it out, it's about 600 meters long in the upper parts, about 30 meters wide. ??But as you get deeper, it starts tapering the grades. And we're talking about high grade here. It starts tapering. The grade is still there and still open. And we're down at about 1000 over 1000 meters. It's still there and we’re still drilling underneath it. You can see some of the better results at depth.

CONTD....

Notes from Newcrest's Presentation at Diggers and Dealers - 01 Aug 2022
https://tinyurl.com/3ka7arzj

Excerpts:
So, look what Newcrest does at Diggers is we really take the opportunity to tell our growth story. You know, we present in a lot of forums around the world, but we think that this is an opportunity here to get this message across. And we think it's a pretty good story.

I should obviously point out that I'm a geologist, so it is really good for diggers that your first talk is by a geologist because I think as we know, exploration is the lifeline of this industry. The good news is there's been some great discoveries in Australia in the last few years.

We know obviously Greatland and Newcrest Havieron and then what the Gray’s doing up in the Pilbara is pretty fantastic. So, they're there to be made. But we've got to keep them going.

So it is a major shift for the company into the Americas. Our growth now is in the Americas, Australia and obviously Papua New Guinea, besides the new provinces that we've got, we continue to look for new opportunities in our own backyard.

And the examples of us continuing to look for growth opportunities and our sort of more traditional search basis is the Havieron story that's been unfolding over the last couple of years.

So, this story about Tier one assets is really Newcrest. It's why we were well, how we've grown since 1991. And it's the way that we continue to grow. We've been very successful in transforming, forming projects into long term mines.

How we do that transformation is through exploration and generally it's the exploration group going out and that those discoveries have come deeper. So, if you look at what we do, it's pretty simply get on the ground and then start changing the search space. Through that, Newcrest has had to develop its mining capability, its underground mining capability and in particular our bulk underground mining capability.

CONTD...

Notes from Newcrest's Presentation at Diggers and Dealers - 01 Aug 2022

https://tinyurl.com/3ka7arzj

Seems like this year Fraser wanted to focus on their strategical directive for growth in the america's and also talk about the new acquisition.
There was some complementary mention of Callum and GGP but yep the Havieron mentions will seem muted to us but just think it wasn't a major focus of his presentation unlike last year, they still knew last August they probably planned to call the option exercise I imagine.
They aren't going to mention our MRE as we used different zonations and different methodology for a start so not like for like but obviously they don't want to have a junior on any joint venture creating their own MRE's become the norm. Worth remembering that they always use conservative approaches and metrics with all of their own estimates and studies and reporting as a corporation.
Need to see how they proceed with the 5 percent as if it was our valuation that 'won' then they need to perform additional DD I presume to justify ROI as higher than their submission and we have the MRE due with FY results too.
I do think their best opportunity for an offer for Havieron really now is with DFS in hand to justify ROI but they need to move quickly as once Shaun concludes funding for our share of development costs, will make it harder for them as shareholders will know we have everything in place for production, interesting times for sure :-)

Liam has extracted a rough export of Transcript here:
https://tinyurl.com/yn4bd3s5

https://twitter.com/EvertonRob1/status/1553030519335653377