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Hi there,
I hope Greatland don't mind me sharing my communication with them, but I had a question regarding when the Juri JV results might get released. Sorry if this information was already asked, but there are so many posts at times that information sometimes slips through the cracks :) Find below the reply to my question:
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Hi Gerry,
Thank you for your email and questions are always welcome.
Greatland will announce the Juri JV drill results to the market shortly after we receive them. This will most likely be independent of the six weekly Newcrest updates, however if the Juri JV drill results timing coincides with the six weekly updates it may be included as part of that update.
Our obligation is that we always announce information that is market sensitive as soon as we have it available. For a mining exploration company, drill results irrespective of finding mineralisation or not are an example of that.
I hope that answers your question and if not, please let us know.
Thank you for continued support of Greatland Gold.
Regards
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So, the results could drop any day
Good luck all!!
Thanks for the replies.
What I was trying to get at, was that the rise usually begins after the Feasibility phase is completed. But, due to the development evidence that is going on currently, either that will begin with the PFS, or... when the Feasibility study is released, this will shoot up like a rocket, due to a good chunk of the development already being in place.
Just my thoughts :) Good luck all
Hi there,
Regarding the Lassonde curve. Where would we place the construction of the box cut and the decline as part of the curve. Could this be considered as part of the Feasibility engineering phase, or could it be construed as part of the development phase?
Thanks,
Just a reminder for those still confused by the share price :)
https://kuchling.com/the-lassonde-curve-a-wild-ride/
GLA
This is exciting, although I don’t understand fully the implications here. Is there any reason why they might apply for the new, better roads under the banner of the existing exploration programme? Could it be just to assist that? Or, does it look like they’re going need a bigger truck for a whole different reason?
This venture is a bit like a family trip to Disney land. We’re trecking across America in a car with the kids in the back. 9 hours down and two still to go. The five year old is crying because he wants to be there already and doesn’t understand why he can’t see the big wheel yet. IMHO We will get to the fun fair, but we’re two hours away.Managing expectations is important. I believe, from all the facts, that this will be a massive tier 1 mine. But we’re not there yet. Sandeep and SD have both told us now - if you read between the lines - that this to begin with will start off as an excellent tier 2 to tier 1 mine. The PFS, as I’ve already thought, will just rubber stamp the green light. It’s not about increasing the numbers, it’s about proving what’s already been stated. So, expect 4.2 to 5 million ounces gold equivalent as part of the PFS. The MRE will then increase with the growth campaign over the next 6 months to begin with.I’m a firm believer in the lassonde curve, in shape if not in time. So put your shares in your bottom drawer pension, and be patient. We will see the big wheel IMHO, but it may take until after the feasibility study for us actually to get on itI wish the share price was higher - the five year old in me - but the adult keeps reminding me that this is an Unbelievable, once in a lifetime journey. Good luck all.
I may have missed something, but absolutely nothing was said about this. Wasn’t that a bit strange. I was hoping for a question on how it was progressing, or if we would here about it out with the 6 weekly results. Does anyone have any thoughts on this? Perhaps an RNS is imminent? Hope so :)
Hi guys,
Getting impatient :)
Shouldn’t we be hearing from SD about the other projects on our books? We were promised a news rich period, but other than the six weekly report from Newcrest, we’ve had basically nothing. What about the other ventures?
I know I’m being impatient, but I hope tomorrow’s presentation sheds some light on the wider initiatives :)
Best of luck to us all!!
I’m treating this as a long term investment, hence putting some of my pension into it. In saying that I don’t like seeing my pension lose money - rather this was above 21p :) Unless we get other news, going by the lassonde curve - if the markets decide to follow it for Havieron - then we might not see a substantial rise until after the Feasibility study is complete. That’s a year away. Sigh. I hope I’m wrong.
Could it be that they had a deadline of getting the note out before the next release, based on the data they had? Unfortunate for us, but would make sense and mean that their initial research was uptodate, as of the data available.
We are in a strange place. Going only on Havieron and looking at the Lassonde curve, we are expected to stay around this price until after the feasibility study - that’s a year away!! That’s when production would be given the green light. But... production has begun already, that’s how confident Sandeep is here. Then there’s the Juri JV. I don’t think Newcrest would have gone into it if they didn’t expect results. I hope the mm’s don’t follow the Lassonde curve to closely here, as the dynamics have all been turned on their head!!! We can only hope :)