Member Info for GGPThruandtru

Interesting that Shaun asked for the interview himself. Hopefully he’s wanting to explain his actions. (Thumbs up emoji)

Hey jtd, your question about the 5% was answered by SD in one of the last 2 presentations he’s done (the longer one of the two) - can’t remember what he said how the 5% will be valued, but said that it would be decided between them. If there’s a dispute to goes to an impartial party to calculate. He said he thinks they’re on good enough terms with Newcrest to settle it themselves. Neither of them would want to go down the dispute route.

Sun Tzu - “all war is based in deception”

Does that apply too?

Anyone know why GROC is taking a hit today on no news?

Not sure I agree with this bank financing reason. Surely this could have been mentioned in the placing rns. Would have been accepted by nearly everyone. Were they not allowed to say that was the reason?

I’ve been a staunch supporter of SD since the beginning but this hurts. Saying fully funded then do a placing is just a bit seedy in my opinion. Let’s hope he has something up his sleeve to get the trust back.

10. The Bookbuild is expected to close no later than 7.30 am (London time) on 19 November 2021, being the first Business Day after date of this Announcement, but may be closed earlier or later, at the absolute discretion of the Joint Bookrunners. The Joint Bookrunners may, in agreement with the Company, accept bids that are received after the Bookbuild has closed.

Hopefully we find out a reason tomorrow.

@academy - but couldn't this fact have been stated in the RNS? "funds to be used to facilitate the bank loan etc"

Thanks for reply Bamps! So you’re saying it might be showing that the mineralisation may connect to there at depth from the south east crescent? That would be huge. Surely though, HAD90 would have hit more mineralisation along the length of the strike? It seems to draw a blank between the SE crescent to where it finally hits the assay part. A few more drills in that direction would be more than welcome (thumbs up emoji)

Hey Bamps, any reason you like HAD90 apart from the fact it’s pretty far outside the current resource area? The grades on that hole are pretty poor in comparison with the rest.

HAD90 returned 48.4m @ 0.68au 0.07cu and 35m @ 0.57au 0.11cu

I presumed they stopped drilling in this direction due to the low grade nature of the hit.

And another nickname for our multi- faceted leader…

Shaun “watch this space” Day!!

He just keeps getting better and better with each interview. I feel safe as houses with this guy in charge…dare I say, even starting to like him more than I liked Gervaise!

*promisingly AND hopefully ambitious youngster ready to leave HIS mark on the world of mining.

Morning all, great to see the drill mobilised and ready to go. Rupert wasn’t bad on the interview either. Looks like a promisingly do hopefully ambitious youngster ready to leave go mark on the world of mining.

Got in over a year ago on one our mini spikes (can’t remember why it even spiked now), bottom drawered it for a while whilst waiting for it to get started, but nice to see some of the real action about to start. Loads of ground with potential! Let’s hope we get lucky and give Rupert more stuff to get excited about.

Good luck holders.

We can only hope they’ve hit Havieron like grades and lengths TT. Either way, I’m personally still optimistic about Juri. (Fingers crossed emoji)

MH, I agree that last weeks statement from Newcrest about the Juri JV wasn’t what we wanted, but I wouldn’t call it deflating. The first drills hit mineralisation. (Very rare to hit first time) - Newcrest merely stated that it doesn’t seem to be “Havieron-Like”! Well, no s**t! Not many locations in the world can’t stake a claim to that statement. But, I’d say Newcrest are only looking for targets with >10moz. Doesn’t mean there isn’t 1-5moz down there. And 1-5moz for GGP at this stage with Havieron on the side would more than likely give a MASSIVE boost to our SP and our future.

If that’s the case Rotherby then it’s not the one Scandivanadium found nothing at, as that one was in between Havieron and Telfer (I personally thought we bought the rights for that bit as a through road) I’m at work so haven’t had a chance to look at all the maps.

In terms of being further away, yes it might take longer to get the gold out ourselves but depending on the depth and type of find, it is possible to build a processing plant now for well under $500m. Not a bad little side project for GGP on its 100% ground, using all the cash from Havieron!

Ok, so as Bottle mentioned earlier, our South Paterson area used to be owned by Scandivanadium who have become Province and moved away from metals and into Hydrogen I think. Anyway, here’s the RNS linked to Pascale where they didn’t find anything. There’s more announcement relating to Pascale in Province announcement history. Any Geos out there able to expand on why they found nothing and moved on? Have we done more than the HEM they did? Or are we just hoping they missed?

https://hotcopper.com.au/threads/ann-hem-data-review-and-initial-targets-at-paterson-south.5654765/

Cheers Bamps and Monty. Got there in the end. Just seemed strange to have intermittent pending assays. Always thought they were kind of done in order. So you’d get the first half of the hole and then the bottom half would be pending. The downhole thing makes sense though.

Lenz, I think Tymers was giving an example of how GGP would be valued without having an income. He didn’t mean he had those assets.

Cheers Monty, I thought the same until I saw the grey drill trace lines too, which also say “assays pending” and yet have parts of the line with the grades already reported? Are we also getting partial assays then on a lot of these drills? Seems to be quite a few line with blue reported areas along a grey line that states assays pending again.

I’ll try again as it got lost amongst all the manipulation talk.

What is a Drill Trace when it’s at home? It’s mentioned on page 11 of the Newcrest Exploration Report. They have light blue dotted line and light grey lines. Are they different from normal drills. They are quite far outside our resource racetrack on the image.

Great post Sam. If this is being manipulated then it’s clearly just a process of wearing down us LTHs till we get bored and sell. (Don’t get bored - do an evil laugh instead and shout at the top of your voice “You're never getting my golden tickets” - followed by another evil laugh)

But back to normality, on the Newcrest exploration report, page 11, there are some light blue dotted lines way outside our current resource area that are labelled “trace drills - assays pending”.

What are trace drills? Not sure I’ve noticed this in the diagrams and legend before. Are trace drills different from normal drills?

T&T