Member Info for GGPThruandtru

Doesn’t work that way Bamps. They’re not different ways of counting the ore. It’s stages - inferred, indicated, measured, probable and proven. The whole ore system will go through each stage depending on the amount of drilling to each area.

T&T

As much as I hated the drop and then loved the close,,,I have to say my biggest take from today is that Reddirt s "looking forward" to Scallywag drill results!! That was the most important thing today in my eyes!! The rest was all just games and knowledge we already had...:-) Sit on "those" hands and hold for gold Greatlanders...

T&T

AM90! Any chance you could check Rio's drilling at Antipa JV? :-)

T&T

The depth is the fun thing here and they definitely haven’t found it. But you must have missed the Newcrest mining application. South of the mineralised area is now reserved for the infrastructure (as shows in application and as Reddirt told us ages ago). They might need to drill from down there to reach the depths of the known mineralised area, but, in our lovely multicoloured diagrams, the edges have been found except for NW.

T&T

Nap, I said NW and depth. If you read the JORC appendix, in last few reports it clearly states closed in all other directions. They have the boundaries in those directions.

T&T

Guys, I think you’ll be disappointed if you’re waiting for SW info. We have been told in reports for a while now that the find is closed in every direction except NW and at depth. Think the SW, as stated before is for other stuff.

T&T

And as consistent as ever, those lovely words in the appendix...open at depth and to the north-west!!! :-)

T&T

The Maiden one won't...they've clearly stated that for the December quarterly. But for ore reserves to go from inferred to proven takes a lot more drilling and counting. It kind of moves through the five stages in a staggered way depending on the drill results. There will be constant MRE upgrades every interim and quarterly after the first and they will move through the five stages. Going by the depth and size, the MRE could last for years and they still won't have a "definitive" amount...but they will still be mining at the same time. It all looks very rosy (sunglasses emoji)

T&T

"Inferred" is simply the first step of an MRE...then it goes Indicated, measured, probable and proven. It's always inferred at the start.

T&T

Told you guys it was a running track and not a horseshoe!!! The depths are making this a monster...

T&T

I just want the second half of the purple doughnut...mmm...doughnuts (drool emoji)

T&T

Thanks Timber!!

Ok, that's where they're up to in terms if drills, but I find it hard to believe it would have been written or released at the end of May. It would have needed to be worked on. It's just that with the extra high grade zone now, these plans could easily change if they keep finding more gold. Was curious as to the release date because they could be even further along with all the planning than what's even in this report. Maybe the site will update the "date released" column at some point.

I couldn't seem to find a date for these docs. Looks like they were made before HAD066 and the new high grade zone find.

To be honest, if that was a sell and we still got this rise, isn’t that even better than if it was a buy? ;-)

Thanks for replies. So I’m reckoning next Wednesday night then...gives plenty of time for a nice build up of the SP :-)

Have we a set date yet for the Interim? Is it tonight or next Wednesday? I’ve read the varying guesses but not sure if I’ve missed the definitive answer.

T&T

I wish people would stop calling it a horse shoe...I’m telling you it’s a Olympic sized running track!!!

T&T

Bully, isn't that basically the same as being able to see the future? ;-)

The 100% ownership thing for De Grey definitely gives them a more substantial rise during initial drilling and MRE, but after that is where it gets dangerous as they have to decide whether to mine it alone or give some away for a JV. That’s where a lot of explorers fail and go bust too. The capex to build a mine is usually massive. DEG are certainly an interesting comparison to us at the minute. Will be interesting to see what direction they take. I like Antipa a lot :-) 3 JVs and a 100% owned already Jor’cd piece of land too.

T&T