Member Info for Dip666

Freddie -hopefully you will feel different in 12-18 months mate, most fo us are trying to help each other beat the odds mate.
Go back and look at Paddy's history since say late 2019 and work out if his sat updates were useful in any way in predicting the potential footprint of Hav and additional targets, or observations such as the screenshot 13 months ago on Callum's background that started the speculation on other targets?
Reddirt recently tipped us off on the road applications too, exactly what that means is open to conjecture but is it not useful information and indicative of something positive? Go through his posting history too - very interesting.
This board and the telegram group more than any I've seen on other stocks has been instrumental in picking up on potential positive developments. We've had Banps and now Norf sharing their expertise on Bottles Podcasts and they disagree on certain topics, so hardly evidence of a single narrative being pumped up.....
Plenty of us taking time to post thoughts and analysis here are doing so to help each other out - rather than pumping and dumping mate.......we obviously forgot the dumping bit considering we are still here lol

That slots taken by PC I think Safe :-))

Safe has become quite the online sensation with his OnlyFans page - otherwise it's been a quiet summer to date :-))

I definitely see both sides of the argument HH , and if you're going to do something - then do it properly I always think, so why not go for a dual purpose unit. Hopefully in Phase 1 they come across something compelling enough to go deeper, but I can see the sense in the approach they are using as still a lot of initial work to do to understand the system better and check their theories are sound. Bill certainly has had a nice disciplined approach to exploration to date.
Perhaps once there is some cash flow from the iron ore, your suggestion might be more amenable to shareholders given the amount of exploration potential at EH and the surrounding area :-)

Interestingly, looks like the drill rig is dual purpose and can do both RC as well if warranted.

I m sure he has been working in tandem without it being a struggle in terms of time management on both the tailings and trying to move ahead with EH drilling and probably like many struggling to get hold of equipment and personnel. Newcrest brought up these issues in their Diggers and Dealers presentation yesterday in terms of equipment, hiring personnel and lab delays due to various factors and how they are trying to combat and deal with them.
We're small fry compared to the likes of NCM so going to struggle even more when operating in the same locations than they are to solve all of these. Iron ore could well attract a JV before EH would have IMO if we were further along - so I think he is prioritising this correctly. Perhaps the silver price will be also be more attractive next year as it certainly hasn't hit the optimistic targets some analysts were forecasting.
When it comes to explorers - I'll take progress and good results in whatever form they come tbh LOL

Regardless of what happens short term, both Hobo and sunset haven't called things particularly well and neither seems overly concerned or clued up on the fundamentals - very much a trading mindset, so even if not trying to purposefully annoy they will often clash with someone looking at other factors.
Sure, sunset more often than not these days is a cheerleader vs his old troll persona but I can't say he has predicted things well, not because he is an idiot - just that it is very hard to do with a fast growth stock IMO.
From Day 1 in jan 2020 when I bought in, it was because liked the potential of the Lenovo rollout being agreed (having looked at their growth strategy) and Dev's products, the pandemic was a strange curve ball in putting up blocks in some ways and also emphasising our value propositions in other ways.
There have been so many unexpected positive news and developments since then with acquisitions, partnerships, new projects and contract wins, HNW investors, influence via the BAIG, India now becoming the go to geo for growth since China's buttoning down and we're making serious headway and way ahead of other peers who too will be looking at India now - too many to list in detail - and we still have another material contract to be announced before EOY.
IMO - I feel very secure in my investment and long term position - despite the SP volatility or consolidation periods we've experienced at times :-))

Also Shuan has stated repeatedly now that a purpose of the PFS is to support the 'fast start' such as the decline as they need to justify the expenditure and confidence shown in doing so, go back and watch the latest interviews and observations made in regards to the purposes of the 'graduating studies'. It really has been a wealth of information of late culminating in the bonus that is confirmation of new targets etc. :-))

Kids will be kids mate - and it is the summer hols :-)

I'm thinking that theoretically the trials should be over by now but of course that depends on exactly when they started.
Would be good to get an update along the lines of the trial has now completed perhaps if any NDA in place allows at least that of course.
As for Claytons, all he said was that they were discussing the project with interested parties, I only expect him to report a positive outcome. If we don't get a JV agreed with any of these aforesaid parties, then I expect we won't hear and will just have to assume as much.

SB 'misses the point' far far too much for my liking but each to their own :-)
As for GGP silver horsey - today's news - new targets confirmed by Newcrest, new access roads applied for where you would think old ones might suffice on other exploration targets...... all pure speculation but again it is 'potential' that GGP /Newcrest may or may not deliver on as being discussed here last night with UFO.
I really sympathise with those sat on capital losses here and there - and am not going to criticise those voicing concerns and blowing off steam, but they either exit as Jem or continue with UFO or perhaps reduce investment.
I know it is a difficult decision but you either believe in the projects and Bill and the teams capability and ethics or you don't - you must make the decision for yourself.
Best of luck for all going forward like myself or those choosing to cut present losses - investing and trading are very stressful when things are not going your way as is anything related to risking your life savings and pension........

It's not just GGP though Freddie, many of our peers are down, however at least the fundamentals keep getting stronger so that when sentiment does return, we'll have a stronger case amongst similar peers to regain interest. Also, so many PI's are now looking for the 'next GGP', how often do you see that phrase on other boards?
They want to load up on a stock at very low prices to then enjoy the growth GGP did in 2020, it is far harder to visualise GGP ten bagging in short term vs an explorer finding their own Havieron to them. What has happened here (and still developing) is one of the biggest discoveries in many many years, we got extremely lucky and most of those explorers are still in essence firing blanks.
This is now a different kind of investment proposition with less risk, less explosive growth perhaps due to the reduced risk but we have just as much a chance of another discovery as the other hopefuls IMO. As Shaun has said, a quarter or half Hav will be more than enough to add value to share holders and Hav itself is far from fully explored, they are going to continue exploration in parallel with production through the years.
Look at Newcrest's presentation title too - Delivering Value through Exploration.

Deffo agree - very interesting learning more about your life HH :-)
One of the admins on GGP's telegram group Liam (BottleRocket on LSE) is interviewing interesting investors about both their thoughts on GGP and their lives - I know you're not heavily invested there but nonetheless, perhaps of interest?
He's interviewed Bamps twice and the first one was interesting learning about his life. He is releasing a new one tomorrow with a telegram poster who seems to work in a scientific field ........I'd love for him to interview you:-))

Definitely sounds like your life would be worthy of a biography HH - very intrigued my friend :-)
I'm a couple of decades or so younger than yourself probably - but I do agree with not being defined by the standard template of life and certainly decided to try and live mine as free of depending on a wage from around 30 years of age too after realising how unhappy older people around me looked in the drudgery of decades of corporate life lol
I don't think you are eccentric as I totally agree on the life long learning in all kinds of things from DIY to martial arts to continually learning in various fields that interest me, indeed I am pretty good at web and graphic design for a non professional and as for IT I never needed any help in that regard. But it is fun to collaborate too with others, exchange ideas and so forth :-)
It isn't always fear, some people actually just love one thing above all others - writing and playing music above all else as an example for one person or perhaps a writer that does little else - we all differ. For instance, there are millions of 5 year olds who can draw better than me, even at middle school the art teachers were almost insulted by my attempts lol
There is never an ultimate correct answer to anything, but when I look at this sector there seems to be a very well proven route to monetising a viable discovery along the routes of JV and how successful explorers operate - but as you say - you are invested in other explorers that do well from it so not questioning your experience, just playing devils advocate!
Might be worth submitting a question to Bill in a future Q&A and we've both debated this to death - but guess it beats reading arguments :-)
p.s if you ever tire of those replica notes, I'd be happy to give them a new home!

I get what you are saying and I'm actually a business and marketing consultant so will try not to be offended lol
There is another side to any argument HH , in that a business is best focusing on it's core activities. I worked for one of the largest tech companies in the world and they still outsourced various functions, in fact in one of the roles I worked in a role similar to an account manager in an internal marketing agency set-up, whilst they also outsourced much of their advertising too so we parked in parallel and sometimes in competition with them as we criss crossed many areas. Eventually they went the route of outsourcing everything related to this as oppose to keeping their own staff.
For instance, in terms of marketing, say you have a UK company generating £5m revenue operating in the UK and a few overseas European locations, they might have a small core team for marketing - however, there is no way that core team will within the team have capable copywriting, web/graphic design, translation, animation capabilities alongside business and market intelligence too. I don't have an engineering or mining background so hard for me to translate in those terms :-)
There is a limit to one's capabilities along your natural strengths and weaknesses and the same applies to the running of a business. I've set up and run a business and helped countless others set up and run theirs - you should absolutely not try and do everything yourself, it is inefficient in it's own way :-)

Sounds interesting HH and certainly I have heard the saying and again it reflects how rare it is for an explorer to find economically viable discoveries.
I guess in basic terms, one could look at the cost of acquiring, operating and maintaining a drill rig VS estimated costs via a contractor to help calculate ROI across planned exploration campaigns.
Other factors in play such as whether there would be more or less likelihood of effective use of drilling through running your own team or through hiring a contractor with decades of experience and the ability to replace a faulty rig, ill staff etc.
If it is so effective to own your own rig HH, I do wonder playing devils advocate - why don't more explorers do this? :-))

I do think that wherever you get a market opportunity it soon gets filled HH, as with the labs now making investment in shoring up their capabilities due to the boom of exploration in the jurisdiction, companies operating in Oz in providing such services to support exploration and mining are probably doing the same, IMO we should start to see more equipment for hire too by 2022 regardless of demand outstripping supply at present.
Certainly a feasible route to buy our own rig but I'd be keener if we got a JV on Hammersley first so a partner picks up the costs and resource provision there, freeing up some cash demands at least for the short to mid tern until we need to co-fund various aspects of the project.

Bill definitely as someone once said is taking some lessons from the GGP playbook in terms of approach to tenements etc. so the journey there is a good one to compare as like GGP we will hopefully utilise a foundational asset such as the iron ore, I hope accelerated via a JV, as a platform to then expand and grow with a very strong and diversified portfolio in excellent jurisdictions.
Didn't happen overnight there despite Newcrest's sprinting to bring Havieron to production and existing infrastructure, and 100p plus there is possible but as always will take time. We are earlier on the path and going to be plenty of hurdles no doubt, but looking increasingly like we may use the iron ore as a springboard to cashflow and be able to focus more on our own strong portfolio, am hoping for a JV here too with a major with a dynamic approach.
Tbh the above also answers Deano in why I came to choose to invest here when researching potential silver plays over a year ago, I saw the potential roadmap as such and recognised many of the same strengths and potential as GGP has.
Just as with GGP currently it will then entail augmenting the company with additional personnel such as HSE, mining engineers etc. and additions/changes to the board which will unsettle some but will be key to success and being a good partner who can contribute to the iron ore project and then also use those skills on other projects. Very excited at the potential here. I find it is very useful to map out the stages on a long journey and then celebrate as each milestone is achieved rather than focus purely on the final destination :-))

Starbright - your focus is so narrow and you still miss many pertinent details - that is why IMO you're either slightly incompetent or perhaps purposefully so - not that I care. Some of your info IS highly useful but requires verification due to these factors. Why is it that you don't seem to inspire confidence in fellow investors despite your self claimed expertise as an 'ex-professional trader'.
As for someone who purports to be so intellectual - why aren't you able to see the importance of gaining knowledge on other areas such as geological, engineering etc. if you want to invest in this sector?
Before you bore everyone with being retired early and wealthy -big deal, I haven't had to worry about money since my mid 30's despite starting life as the child of immigrants.
Unlike yourself - I don't think it makes me better than anyone else as quite frankly far far more to life than accomplishing wealth - as nice as it is to not have to worry about money of course.
Interestingly matters concerning yourself are following the same pattern on GGP, where more than a few are poking holes in your logic. You keep watching kiddo and the questions are all rhetorical - don't bore me with a long winded self-important reply as I am ready to enjoy the weekend lol

@jem - if you can't see how progress is defined by further drill results and will further be defined by the 2nd set and an MRE then no point in debating this endlessly mate.
Both myself and HH are specifically debating around knowledge points and long term prospects - not the share price or short term if someone was to buy today etc. as I tend to commentate on strategy and long term prospects here and on other boards.
Have a lovely evening :-))