Member Info for GGPThruandtru

Page 11 - HAD117W6 (the big one) seems to be sticking out of the rest of the deposit ;-)

Hi Strudel, we are still waiting on Rios drilling from this year, but I think they are concentrating up north in the Paterson, at the Winu discovery and also just East if that on the Antipa JV (Calibre/Magnum).

If anything is spotted north of Scallywag, I’d hazard a guess at it being the Antipa/Newcrest JV (Wilki). A lot of ground all around Telfer in that JV.

All the PFS is guys is a plan of action. And like all plans, they can change. Ours hopefully (probably) for the better. All we’re doing now is crossing the f’s and dotting the j’s to make sure we’re ready for kick off. Preparation, preparation, preparation. Location, location, location works for us too ;-)

Left field news this Wednesday?

I’m going for Newcrest finding the “Pink Panther” at depth ;-)

If not, then I would like “best intercept to date” please…

Must be one of those rare three humped camels…did you bring it back from Portugal with you Mush? :-)

More hits in the Paterson...Rincon Resources Hasties tenement. 12kms south of Telfer. Not sure about the "High-Grade" announcement title but some ok hits in there none the less. Paterson looking more fertile every day!

https://hotcopper.com.au/threads/ann-high-grade-copper-gold-mineralisation-intersected-at-hasties.6364184/?post_id=56957435

I felt in a giving mood after our decent news today!

Cheers Colin. That helps put my mind at rest that you haven’t a clue. Nice chat, lol. You were right Tom (thumbs up emoji)

You never know Tom. He might come up with some out of the box left field way for us to get funding that we could pass in to SD!

How would you want GGP to get funding Colin? Maybe you have some new way people don’t know about that I could use too :-)

District Scale Anyone?

https://hotcopper.com.au/threads/ann-significant-gold-copper-discovery-at-100-minyari-project.6358181/

Hits with first RC drill in a greenfield target area! Whole of Paterson is full of the good stuff!!

How’s this for simplistic? Let’s work with the 20moz of which say 6moz is GGP’s…bear in mind in my eyes this is conservative. 6moz say at a profit of only $500 per ounce (I reckon that covers all possible costs and capex) equals $3bn or around £2.2m. Even if you take off the tax after that at say %20, leaves us with around £1.8bn’ worth of minerals to GGP for that 20moz at a very low profit of $500 per ounce. I have no doubt it will be more. Now of course it will take a while to get out, but I do believe the market will start being more forward thinking about GGP once the full extent of the amount of ounces at Havieron start coming out.

Very simplistic yes, but also in my opinion very conservative in terms of total ounces and profit per ounce.

Or I could be completely wrong, rofl ;-)

Bear in mind also Newcrest reserves are all based on an average AISC of above $900. It’s one way to try and find a value for Havieron but it’s far too simplistic. Especially with current sector sentiment.

So Zoros, you’re saying the starter mine and their bulk case scenario mentioned in paragraph 3 account for the 4.6moz total they’re using so far? So they’ve abandoned their 11moz guess for now?

Would be very happy with that to start with! :-)

There is still mention of their block cave analysis in the note too, so I reckon they’re still basing it on the 11moz delineated total find. Page 7 diagram is a beauty with all those massive hits outside the main zone :-)

Hey Z, the link to the note is further down posted by Grizzle.

Ok, further down there is still talk of their block cave scenario, so guessing it’s still referring to the the 11moz from the previous note too. Shame, lol. Still loads of upside in exploration according o them and bullish on finding more stuff outside main zone. Somejoce diagrams there.

Yeah, this is a strange one. Need to read later in more depth but from my understanding, they’re talking about a valuation of over $1bn just for the SLOS in the current south-east crescent zone? No mention of delineating 11moz like before. This is an amazing valuation if true (thumbs up emoji) - loads more still to come.

But Willem Middlekoop also said after him that Greatland will keep the 25%...

Seems to to me far too many people have leveraged themselves with GGP on brokers like IG Markets looking for quick turnarounds. If you own the actual shares, rather than going for the points, they’d be a lot less worry and paranoia. Don’t hate the players, hate the game.