Member Info for Droverman

Hi TT, building our own processing plant is not an option at the moment as it will take 3 years to build and only after permitting, then we need to tie in to the Telfer gas pipeline for power generation even though we will build green infrastructure but need back up 100% just in case. Owners of Telfer would require long term contracts to process feed stock so that is also a problem unless they will take a 5 year deal while we build our own plant. Also to take into consideration is the size of the new plant, how do we size it, just for HAV? what about future finds, for me Telfer can take 3 or 4 times Hav size with minimum changes. DM

Hi TT, I wonder if there will be an RNS next week with some goodies for SD to discuss at these forums and our townhall meeting. There has to be new information for potential new investors to be tempted. If no new info then what's the point in travelling around the world just to spout what's been seen by the markets already and on GGP website. DM

HiHi Jiffy, this is the reason SXX failed and the reason why GGP will not. MONEY huge amounts. DM https://www.youtube.com/watch?v=22dIkWYUAxQ

Hi Speedy just strange that 2 meetings in the same week concerning finances of the world, my take will be Monday morning if huge decisions have been made and will take place then. All central bankers meeting take place at the weekend and we get to know on the following Monday on their momentous decisions. DM

Hi Ben and Speedy, for the conspiracy theorists, today is the BRICS meetings in South Africa where a possible new currency or Gold Token will be formed or at least an idea for one. Meanwhile at the weekend the world bankers will be meeting in Jackson Hole in USA, this meeting has been kept quiet while BRICS is splashed all over the media. Any questions and thoughts guys. DM

Hi Barna, the value of Havieron will be based on gold in the ground which works out about 75 bucks an ounce. The price is also based on the price somebody will pay for it and GGP have first choice to match that amount. Telfer is zero value as ore is finished by 2025, if we take it over by 2024 we will have the ore around 400000 oz PA until 2025 unless we find more in the meantime. So all in all we can pick up the lot quite cheaply as it appears nobody is interested in buying except GGP and as SD stated Telfer is worth one us dollar. I think NCM or NEM will snap an offer of around 250 mil usd to cover costs expended so far and leave with clean hands as Telfer is one big mess to clean up. DM

What i would like is for NCM to hive off Telfer, Havieron and JV to GGP for 1% royalty net profit, i could go along with that one. Then of course gold to increase > 2500 usd oz, find new deposit at Telfer and JVs after signing the contract of course. Thought i would do my first ramp. DM

Hi Dip, MRE shouldn't take as long as the last one as it will be an update based on that data and the latest information up to June 2023.

I am hoping that the latest drilling at Rio JV and Scallywag prove that something is there and the models used are in the ball park so to speak. I think the main reason why SD drilled these targets so quickly is to move the company value upwards if they find something good. I like A35 and has been re-drilled to see if 1300 g silver per M is real or not, if it is that will surly move up the SP. DM

Notice the grin on SD face when the interview started, think something is on going in the background. For the faithful, GGP would not be informed on NCM RNS or the contents as its only for their share holders. GGP RNS can only follow what is stated by NCM RNS and nothing more. Both GGP and NCM updates are due before Christmas, i presume GGP update will be published before NCM as the last one in 2022. Gold is still in the ground gaining value as we are not taking it out at the moment so its not a reducing resource. DM

Hi LL, if Five Diggers want to sell their shares then the best option is for GGP to buy them and then IPO them on the AX market, job done and no dilution. DM

Hi Bellers i quite agree and for me is not to buy out Havieron or Telfer but to spend the excess monies on finding new projects to mine as 100% owners and let the big boys spend the money and we take our share. Scallywag Pearl and A35 excite me especially A35 where they possible found 1335 g silver and other stuff. If those grams extend down a few hundred meters then its game on as it will be around 15 gram gold per meter equivalent. DM

Must have found something interesting as SD said one drill per project and then re-evaluate based on the core assay result so 5 drills in one target, i like this one. DM

Hi Speedy, Trump said he would consider tying the dollar to gold before the election, even had an executive order made out. Why is Janet Yellen visiting China that is the question. The Bricks meeting is 26th August where they will discuss a new currency, if they include commodities as well as gold in the value i think USA will do the same but before and Yellen is telling China to be careful, but on the other hand seeing Obamx 1st and now Bidxn under Obamx are trying to screw USA and telling bricks to go ahead, good way to destroy the dollar as currency transaction but not reserve at this time as bricks don't have bonds, swaps and other stuff that the dollar has like the LAW and courts etc. Will take years for bricks to take out the dollar. Rickards said the dollar is the cleanest shirt in the washing basket so will take a very long time to replace it. DM

Hi Speedy Jim Rickard said that gold needs to be 15000 usd oz to cover 20% of money supply and around 40000 usd to cover 40% of money supply which was the old gold standard as i understand. Increasing the gold value like Roosevelt did in 1933 increases the money supply like a devaluation. Too low causes depression as what happened in the UK middle of the 1930s when Churchill fixed the rate when Keynes said not to. DM

Hi Jet worked Libya in 1977 for Esso on the Nat Gas plant and mini refinery plus a bit of blue stuff to keep us going. Also worked on the gas receiving station until it blew up. Long time ago.

Now my interest is with digging holes for the yellow stuff instead of the black stuff. DM

Think CB owns around 80 million shares personally and also in Starvest, if he is not selling then nobody should sell unless they have to. DM

C`mon the REDS

Hi Sammyplank, not quite true in that Telfer is worth more because of Havieron. Telfer value is with or without Havieron as the value is based on totally clearing the site and putting it back as was this means many hundreds of millions of dollars. Tax wise Telfer is zero as payed down. The reason why i say Telfer value is zero or 1 isd is that there are many refineries in the world that were sold off for 1 usd by the majors to smaller refiners is because of the clean up cost and modifying the refinery to keep going and feed stock is always available, like Havieron. So for me SD is correct in offering one dollar Oz. For me the best scenario is for Rio to take over Telfer, GGP to buy Havieron and sell back some to Rio and Wyloo with GGP 51% and managing the project. DM

I know its an old issue with SXX but watch the video and you can see why the initial project failed due to the enormous cost and why GGP going into a JV with NCM was the only way forward. Bamps have a look at the mining methods and conveyor tunnels . https://www.youtube.com/watch?v=22dIkWYUAxQ

6 weekly drill results due around middle June, DM