Member Info for GGPThruandtru

https://hotcopper.com.au/threads/ann-expanded-2023-growth-drilling-programme.7305163/?get_post=true

Antipa postponing a PFS now till 2024. Maybe everyone’s delaying their releases due to increased costs all round, costs of everything, in the whole world to the ends of the universe.

Increased drilling program and bullish view on new zone(s). Drilling not starting till May though.

Forgot to add that this means those companies have to ‘produce’ twice the amount of gold as GGP to get the same profit (AISC). Gold Road actually needs to produce more than double…go figure…;-)

De Grey - is a classified probable tier 1 coz it has the mine life of over 10years and they’re currently looking at over 500koz per annum. I’ve always like De Grey and have been using them as a comparison to GGP since the beginning. They still have CAPEX and lots do to (infrastructure and bureaucracy) before anywhere near ready to produce. But I like them…maybe it’s a coincidence Newcrest PFS stopped at 9 years, maybe it’s not…

Bellevue - only 3moz resource?!? Hmm sounds familiar. What’s 30% of 9moz (Havieron next MRE) It’s very high grade stuff though but they’re only planning on producing 200koz a year. Go figure. With an AISC of over $1000 (which they are shouting from the rooftops) They also made a loss last year just like GGP.

Gold road (Gruyère) - hmm…314koz production last year, sold 156koz. They’re AISC on some of their gold was over $2k with their average for the whole 314koz at around $1450. They made free cash flow of $77m in that year. Hmm…go figure.

Thanks Aim99, this makes me feel even better!! All these companies are valued at at least double mcap to GGP currently. Predicted AISC for GGP still under $700 and a resource that doesn’t seem to stop growing. Three different mining fronts possible.

Got anymore golden nuggets Aim99?!?

Don’t think their producing either.

Our only downfall is Aussies don’t like “deep mines” but by the time we get to the ASX listing, it won’t really be that deep anymore.

You mean like De Grey Mining (DEG.ASX)?

Isn’t that nearly 2.5 billion AUD?

3 other UK listed explorers with large resources…

EUA
Solg
OMI

Have a look at their 2/3/5 years charts. It’s all about timing. The world is currently in turmoil and unloved. Patience guys…and out of all them we probably found our orebody last and will probably be the first to actual start producing.

Nah, i think Artemis are the wrong side of us. If you find a map of the Paterson region and draw a line from Havieron to Winu (Rio Tinto) you’ll see that NW trend that’s always spoken about. And that goes right through Minyari and continues through a lot of more Antipa ground. I think that whole line will eventually prove to have mineralisation of some sort in it. Anything to the east and south of us is duff territory. Left of us possibly near Telfer too but Paterson Resources and Rincon Resources are struggling to find anything economical so far. That NW trend line is beautiful though.

I bought during the 2020 free money handouts boom though but still super confident. This is a lovely little thread on hotcopper about the new drill hits from the 6/3 especially the couple of Geos that post on there. They talk about the ‘deeps’ actually having moved and they expect them to be a lot shallower than first projected. Time will tell but massive landholdings in the Paterson.

https://hotcopper.com.au/threads/ann-two-new-discoveries-at-minyari-dome.7267063/?post_id=66616126

Been saying that for years Goldworm. They’re a sleeping giant in my eyes. (if the world doesn’t implode). Would love a joint processing plant between the two bits of land right in the middle of it all eventually.

Amazing really…ASX goldies fly overnight and yet here they’re mostly static or down…makes you wonder why we bother investing anything in UK markets. (eye roll emoji/face palm)

A Gervaise/Sandeep combo…and they’re off into the wind with their cash (lol)…

:-0!!! Is this maybe what’s happened at Havieron?!?!? Have we got rocks instead of minerals and we’re being duped since the start? (Mudderfrackers!)

He Zoros, I think Sprott have always had 15p. It was Cannacord that had 18p and they’ve raised that now to 20p.

And I also think that when a company state “X ounces per year” production, thats after the recovery rate has been taken into account. They state the actual production numbers, not the ounces pre-recovery rate.

Good man Timber…knew I hadn’t misheard (thumbs up emoji)

Didn’t SD say he expected the whole Newmont bidding process to be resolved by end of April in an interview. Not long to wait…….

When drilling gets to the earths core…we’re gonna find Diamonds too!!! :-)))

Are you having a laugh aim999??? Of course there is. Nearly 70% of their exports are from mining and nearly 10% of their GDP too. In the UK it would take you ten years just to get the first permit for the first drill hole. Get a grip man. Incomparable.

And that’s one of the reasons SD wants to get us on the ASX. More high quality mining friendly investors. Will stabilise our SP here too with less swings.

Been following them since 5c. Great asset like ours but they’ve still to build a plant and get the funding for it. Long way to go there but great asset. Most Aussies went up yesterday but today is a different day. Watch them all drop at their opening tonight.

Not sure about this aim99 (eye roll emoji)

All ‘explorers’ I’m following are down and the biggest mining sector riser is like 9%. Maybe producers are rising but not explorers.