Member Info for GGPThruandtru

My point is that on current valuation, GGP is valued higher than SolG on assets and current ores (which it should be) - comparing the two by SP alone is a faulty thought process.

Let’s not forget that Solg mcap is around £550m and GGP is around £450m so not that different guys. It’s the mcap that values a company not the SP. So they’re currently valued about the same even though Solg has over 20moz of minerals.

The flip side however of that point Fred is that if we lost before all the good news and then it comes out whilst already on the ASX, then we could get a mighty lot of Aussies buying during the news heavy period. However, I would still like to list on the ASX without the need for consolidation. Maybe we’ll get to 12p (0.20c) in the run up, without the major news.

In which case Kevin, let’s hope it’s delayed, a bit till after all the news.

I like the way it’s been pushed back to September. Hopefully means that after the Newmont saga, August updates and possible DTM, we should be above the minimum ASX price of A$0.20c. So hopefully no consolidation (thumbs up emoji).

Another great delivery Liam and clearly SD enjoys his interviews with you. Ten times more relaxed and free flowing than the Proactive ones and most of the others we’ve had. Big thumbs up from me.

Somebody mentioned a while back about Newmont being a Canadian company and what with a lot of Newcrest’s assets being in Australia, I do think there’s some merit in the idea that Australia wouldn’t want all their most valuable and largest mineral deposits to be owned by a foreign entity.

We could easily see some sort of reshuffle with the merger where it’s allowed to go ahead with the blessing of the Aussie Govt as long as certain assets are sold off to A.N.Other Australian company, maybe even a new company created for this sole purpose.

Who knows? Maybe this was the plan all along, hence the Super Board and connections to other Aussie miners. This team could easily be capable of it and at the same time, afford to do it.

Greatloo-Wyland-Fortland-Greatesque?

I’ll let you guys pick the name… :-)

Calling Glencore!! Come in Glencore!!!

We have just under 25% of something you want…just give us a measly £20m for it and it’s all yours!!! Cheap as chips…bargain…pocket change for you…it’s just gonna go up with each Group11 drill…get it while it’s hot!!!

Mr Teeling…feel free to copy and paste the above to send to Glencore as you see fit…

Hole*

This is true Mat. Realised after I sent it. The hike ended in mineralisation, which is a very good sign.

Haha Bancal. I didn’t want to use that term “grade smearing” as in some circles it’s seen as quite a bad thing. Next time anyone looks at drill results keep an eye for this type of thing as a lot of minnows try it. Would have been better if Shaun had just released the 1m@393g/t.

Lovely hit but again it’s bloody “so deep” - can we have some shallow stuff please…let’s get to Earnest Giles.

Guys, chill out. Let’s not jump on everyone that posts something deemed negative. ChaseTheBag is right. It’s called the “nugget effect”. I’ll break down more simply.

18.25 x 22 = 401.5 which would normally be a ‘great’ hit.
401.5 - 393 = 8.5 this means that for the other 17.5m the grade is less than 1g/t.

This doesn’t make the hole a failure. It’s still hit mineralisation and it has a massive hit in the 393g/t. It does however seem to show there’s not much above or below it. Let’s hope it goes laterally though and it’s a huge sideways slab of gold. You just never know, but the nugget effect is true.

https://m.youtube.com/watch?v=RMTKb-pgxGI

For you Dip…and try not to worry about being apart at the time. No matter how much we “speak to” or “are there for” someone before they go…it will always still feel like it wasn’t enough.

Talk of major cyclone heading Paterson way…

https://hotcopper.com.au/threads/ann-euroz-hartleys-gold-developers-day-presentation.7307230/page-5?get_post=true

Let’s hope it doesn’t delay things if it does hit.

Happy to agree to disagree RX. One year to me, at a minnow explorer in Oz, is nothing in my eyes. These companies can’t afford to drill all year round and the climate in Oz doesn’t allow for it, hence all but the big boys stop working in the summer months. He’s also part-time…how many hours a week would you do at a job that is part-time?

I have no idea where he came from and what he did before as I prefer to judge each position separately but in general, success breeds success and the people that have done it once, often do it again, so I’ll reserve judgement.

But you cannot blame him for the drop in SP as this is all macro and environmental factors in my opinion. Same goes for Shaun Day at GGP and many other CEOs currently being insulted and cursed on almost every other explorer BB.

100% agree with mentalmax. We can’t keep bleating about the SP when nearly every other explorer is down loads since the 2020 free money boom…sector is unloved and the world is going “mental”-Max ;-)

Yes, the company needs to do more but some of our guys are kinda “new” so we need to give them at least a chance to do things, and we know in exploration, they take time. Yes, we are all pretty much down (way way down) but let’s not keep moaning about the SP. It’s just a sign of the times. The wheel will turn and hopefully when it does…ECR will have something of value to show for it.

Not sure I’d class Van Eck as sticky fingers/hands…they often sell at “any” price just as fast as they buy at “any” price. But nice to see big-ish jumps whenever we see decent buys come in.

Haha, @Mr Fox. I think you came across slightly condescending in your original post (and maybe a few after ;-) so you’re getting a barrage of filters.

You are right about the 150kozs (GGP cut). You’re also right about the first few years being less the first few years. However, no one is really investing in GGP because of those initial years. 20moz total has been touted already by PIs and industry experts. The ore body is still open on all directions. The 450kozs come later and again, we think it’s at understated. The only issue GGP have is “how to get the ore to Telfer” - or can take 22mt of ore…at our high grades, the compound growth possibilities of GGP are huge.

No one in their right mind would invest in GGP off the back of the measly/modest/bullcrud PFS…but…(bear with me coz this might be long)…all these below drills are OUTSIDE the PFS and probably a lot will be outside the actual DFS too.

Results external to the Mineral Resource include10:
HAD133
85m @ 11g/t Au & 0.29% Cu from 1,345m
including 13m @ 32g/t Au & 0.46% Cu from 1,363m
including 14.5m @ 32g/t Au & 0.33% Cu from 1,396.5m
HAD133W1
133m @ 7.0g/t Au & 0.05% Cu from 1,446m
including 55.9m @ 9.7g/t Au & 0.04% Cu from 1,449.5m
including 20m @ 11g/t Au & 0.04% Cu from 1,519m
HAD086W1
99.7 m @ 2.5g/t Au & 0.85% Cu from 1,308m
50.4 m @ 4.3g/t Au & 1.6% Cu from 1,313.6m

HAD047
309m @ 0.99g/t Au & 0.07% Cu from 915m
including 44m @ 3.3g/t Au & 0.15% Cu from 1,157m
HAD101
147.2m @ 1.1g/t Au & 0.18% Cu from 1,083.8m
including 51.8m @ 1.6g/t Au & 0.25% Cu from 1,129.2m
92.5m @ 1.9g/t Au & 0.06% Cu from 1,296m
including 15.6m @ 4.8g/t Au & 0.02% Cu from 1,350m
including 14m @ 6.2g/t Au & 0.10% Cu from 1,373m
HAD103
90.6m @ 2.3g/t Au & 0.18% Cu from 776.4m
including 2.4m @ 67g/t Au & 0.33% Cu from 822.7m
HAD083W4
156.6m @ 1.1g/t Au & 0.22% Cu from 805.8m
HAD140
29.1m @ 9.7g/t Au & 0.29% Cu from 813.2m
HAD083
183.7m @ 1.8g/t Au & 0.18% Cu from 1,098m
including 17.2m @ 8.8g/t Au & 0.47% Cu from 1,165.2m

HAD085
74.2m @ 2g/t Au & 0.09% Cu from 568.8m
including 19.1m @ 7g/t Au & 0.23% Cu from 594m
HAD089
116m @ 2.9g/t Au & 0.07% Cu from 1,136m
including 13m @ 13g/t Au & 0.17% Cu from 1,136m
HAD138
84.5m @ 2g/t Au & 0.05% Cu from 683m
including 12.7m @ 6.0g/t Au & 0.01% Cu from 685.3m
HAD141
87m @ 1.8g/t Au & 0.05% Cu from 1,328m
including 17.8m @ 5.7g/t Au & 0.14% Cu from 1,378.5m

HAD083
134m @ 1.4g/t Au & 0.04% Cu from 1,529m
98.2m @ 1.9g/t Au & 0.14% Cu from 1,677m
including 41.1m @ 3.7g/t Au & 0.1% Cu from 1,723.9m
HAD084
342.2m @ 2g/t Au & 0.11% Cu from 1,536.8m
including 14m @ 19g/t Au & 0.20% Cu from 1,572m
including 11.1m @ 6.6g/t Au & 0.11% Cu from 1,629.9m
including 19.5m @ 4.2g/t Au & 0.04% Cu from 1,726.3m

All OUTSIDE current resource and mine plan and all open in most directions.

Ooh…here’s another one…Newmont decide they don’t want Havieron/Telfer…so we offer them $1bn-2bn for it all…and we get the cash from a Royalty company for 10-20% of Hav profits. Solgold sold 1% for $100m…

Maybe after the NM/NCM deal goes through (if it does)…SD can get creative with an offer - Offer to Free carry Newmont to production and give them Ernest Giles for like 50/60% of Hav and Telfer?!?! Takes it off their books if they don’t want it but leaves them with 10/20% of production cash flow from Havieron and Ernest Giles while we get 80/90% of Hav and all of Telfer?!?!