Member Info for Fox_In_The_Box

I agree. Happy with the deal, just frustrated a bit with timeframes being pushed back and of course, we all want more, more quickly - that's why I invest rather than putting money in a fixed rate ISA.

I didn't want to risk missing out on offer through oversubscription, so I bought on the open market with a short-term stretch on my finances. I'll take that back soon, but keep main investment long term.

A year ago Sean was asked how to balance the need to GGP to be valued high enough to avoid predators / satisfy shareholders, but Havieron valued low enough for the 70% to be purchasable if the opportunity arrived.

Things have been relatively quiet on other fronts, and stopping the decline/repairs to tailing dam have perhaps helped the latter.

My question is, when do investors think SD will press the accelerator?

Now? Or after the release of the new placing shares - which presumably will dip the price on Oct 1st?

Which do we think would benefit the share-price most?

I see the ASX listing as a catalyst, if simply a cross-listing as suggested, so perhaps a spate of RNS released around that time would be beneficial.

I am not talking about withholding important data - obviously conclusion of the deal etc will come out in a timely fashion - just thinking about timing updates for other projects and decline progress type info.

Still no real explanation in latest releases, but assumed a long time ago that it will be suspended until money all gone. However, the coma goes on (not dead yet!). Dum spiro spero. Was always high risk.

Yes Bamps, lovely post/thread to wake up to.
Presumably the company will reinvest a large proportion of the generated income in the other projects they have, so direct returns to shareholders will be lower than that, but if we believe in the teams original abilities - to find gold (which is why LTHs invested in the first place) - then that reinvestment will bring further rewards - and not that far down the track!

Bought in 2009 / 2010. Sold most too early into rise, but kept some and bought some more over the last 12 months.

The Presentation released today reads nicely and all leads up to the 'GGP coming to the ASX listing in 2023' slide.
Do we expect he will end the presentation with an announcement for the date of entry? (RNS tomorrow on AIM)

Bamps,
No, your info was clear and informative, thank you. Tried to give a general thank you, but that was not as clear...!

RationalAssessor provided diagrams that look like depths instead of distances (i.e. 916m from October as 916m down - well below what appears to be the Permian Cover which he has as a lighter colour at about 400m depth). These were diagrams that I had seen before and had confused me - hence my original measuring of the 3D model and question as to it interpretation / accuracy.
You and others have reassured me that distance is the correct interpretation and thus allow me to picture it better along with that 3D map GGP provided.
I dip in and out of reading comments and it is usually around major RNS drops, but appreciate that some contributors on here don't get on, so using the term 'sitting in Culpepper's camp' was unwise - it was simply in terms of his view of being happy to wait and accepting occasional delays.
As you point out, passing bays, vertical shafts and the side channels into the deposit will all add to project timings. Indeed the near horizontal drives you pointed out in the 31/7 post on the link you gave, that are near the bottom of the Permian Cover - as I am sure you now know from the 3D - are not single bore tunnels, for example the upper one is three 400m-plus parallel tunnels. Potentially additional crews brought in for these, but infrastructure complexity escalates from there.
Great to have your additional incite. Thanks again

Thanks all,
Zoros, the 3D link you gave was the one I was using. Bamps, I appreciate the decline runs beside the ore body, my confusion was more about decline data being distances rather than absolute depths. (i.e. 2600m distance to reach 420m depth [beside] top of orebody, not 2600-2800 to base of mine.
Good to have a clearer picture and to be able to visualise the progress, but I'll sit in the Culpepper camp - trust and patience. Have a good Christmas all on here and Best Wishes for 2023.

Good evening all,
We get reports on decline distance achieved(1000m reached in Nov) and decline rate estimates (5-7m per day), but I cannot find a reference to the full decline length to the main deposits.
Using Greatland's 3D interactive model (yes I know its only a guide) and the measuring tool provided I estimated the total direct tunnelling to the base of the Permian cover to be just short of 3000m. With 2km to go, as of last month and an average rate, that would take us to Dec 2023 / Jan 2024. Its that the basis therefore of the Q1 24 first mining date?
In other words, is the decline the rate limiting step in the gold extraction and the absolute determinator in when the first ore is mined? Or are my figures wildly out and only co-incidental with that date?
If it is the key - perhaps that is why decline data is rather vague (as an unforeseen delay could precipitate a negative reaction).
Apologies if this figure conflicts with a more educated view - I did look but could not find one.

Long term holder, but only occasional board reader. I appreciate all information on here.
While some state that there is no room for charity in business, I feel that there is a double sided benefit for Newcrest in being reasonable in dealings with GGP.
If Newcrest value our 5% at 50million, then that is great for them, their 65million farm-in expenditure has netted them 70% of a 1billion resource (a 10-bagger!) with significant upside and they got 5% more at a good price.
If they agree the 5% is worth 100million, then they are telling their shareholder that the 65 million investment has netted 70% of a 2 billion resource (wow) (albeit with a slightly lower upside). Either way, their shareholders should be delighted! I only see win/win for Newcrest, so cannot see upsetting / shafting / stealing from GGP by hard-balling as a primary concern.

Hi chilting, I think CEO addressed this when saying he is looking at EQTEC becoming a group by selecting partners carefully and allowing partners to then develop several projects. Should be easier when main asset is technology application rather than, say, a manufacturer. Partner with large engineering firms that they trust, then allow those to make further deals under the umbrella (with key working models (MDC's) as proof of business plan. (See q&a from investor meets company 28th Sept on the website).

Thanks RollonRetirement. So it was more US projects (Napa and Wilseyville) and not the R&D sites, which makes more sense.
Here's to more being added soon.
All the best.

Sligo. Good one, k3rching. There's a third proposed site in Ireland too, but not named as an exclusivity deal yet so presumably not considered an active project? Could be 18 by end of year then (from Q2 trading update).

Could regular posters help me out, please. Naming the 17 projects currently on the go.
UK: Billingham, Deeside and Southport.
Greece: Agrigas, Lavadia (Star 1 and Star 2), Nevrokopi and Nobilis
Croatia: Belisce MDC and Karlovac
That's 10.
Then the Italia MDC, Spanish showcase Movialsa, Carbon Sole in Shannon.
In California, North Fork makes 14.
Are we including the RandD developments at Extremadra and Lorraine universities. (16 if we are)
Are we including other proposed Californian sites yet? Or is Biomasse31 the 17th? Don't recall reading about this this year so not sure about the last 3.
Still two months for updates on a few financial closures so with today's rise, very exciting times.
Would welcome being put right on above.

In the interim results q&a last month, David did say that 'waving arms and saying we are better [than other technologies]' was not the way forward, but putting [details of our business plan] 'in front of the right eyes at COP26' was part of the plan. Stating that they and JV partners would be involved in this. So not just COP26, but active promotion there is happening as we speak / type.

Nice collection of investor support material in that folder (Thanks andii / RollonRetirement / DerSack). Most useful information is guide to various stages of projects which I appreciate is a work in progress (an an inexact science) so good work.
I've been in for 15 months.
I take today's rise as indication of direction of travel due to current global topical discussions rather than 'The Big Rerate', so happy to end up 5% today as more become aware of green investment options. Best wishes to all LTH and welcome to newcomers - plenty to see here.

Thanks for info, I will pursue one of these channels. Disappointed to have been disadvantaged by the switch to Australian Stock Exchange, but then again disappointed that Horse Hill did not turn out as hoped. Don't believe the BOD gave a fair deal to shareholders in previous prospectus directions prior to money-raising share options.
My investment was, however, a gamble on striking more oil and gas. My choice. Did better elsewhere.
Will take the recent rise and cash in at about a 50% loss as I have know idea what is behind the current rise and not confident about new direction. Good luck all who hold.

I had a share certificate. I contacted Computershare and, after some toing and froing I have now had shares converted to CDI's.
I now need to find a broker. I know ii won't unless I upgrade my account. HL don't. My email to the company has not been answered. Any suggestions from people on here who have had success in buying selling?