Member Info for GGPThruandtru

Great post @threeturn but as Captain Haddock says…you won’t get many listening on here at the minute. OMI is at that crazy stage of mass interest and euphoria crossed with the belief that companies never make mistakes. OMI will do just fine even when everyone has moved on to the next flavour of the month.

And why is it always the derampers that have ‘an agenda’??? Do you not believe that there are also rampers that have an agenda. You know…the ones that ramp for a week to high heaven, get the price up for the next capital raising and then sell off after that’s done?

It works both ways…re-read @threeturn post and let that sink in. It’ll make you enjoy investing more without the emotional attachments to each share.

Hey Sein, that’s where the error was. No CEO with proper experience with small cap miners should be using estimated numbers. We don’t need them and they almost always cause problems. I’m hoping he’s learnt his lesson moving forwards.

But as we know with miners it’s all about production…and a low cost start up mine is not to be sniffed at. If we can get 30koz per annum started in the next 18-24 months then the share price should appreciate nicely and slowly. The more the rampers take hold though, the more likely it is we get these wild swings. But having any kind of MRE close to production is a good thing, regardless of the CEO’s blunder.

Great tweet…no ramping, no promises, no bull…just facts and a plan.

“Under-promise, Over-Deliver” should always be the way.

Tungsten, you’re as bad as Rocket man with your constant repetition of the same thing. We’ve taken the hit coz of the error…but an MRE is an MRE and it’s a great step forwards.

Just keep kissing backsides Nap 🥱 And telling people about all the multibaggers and rockets.

ANTIPA are actually production their PFS this year, they are way ahead of OMI at the minute. And they have Telfer to process the stuff if they want. Don’t forget they have a proven $16bn resource apparently 😂🙄

Hey Legal, it actually had the biggest landholding in the Paterson, which if you listen to the rampers on most boards, is guaranteed to equal great assays 🤷‍♂️ (so in terms of portfolio, location wise and land wise yeah, it’s a better portfolio)

It has Telfer close by which again according to rampers is the bees knees 🤷‍♂️

It could build its own mine and then process 200koz a year so capex will be similar when you multiply the output with capex. I’m not saying buy ANTIPA, (needs a lot of help) I’m just saying ‘in situ’ doesn’t work that way.

MRE today was fine today, I have no issue with it. Just need the numbers for a definite AISC and production figures to make a real difference 👍

You talking to me again Nap?? Go pump something else mate. You still waiting for UFO and the rest to bag every week? Stick to your rockets 🙄

ANTIPA is at surface too so according to LegalWolf here, they have an ‘in-situ’ valuation of $16bn!!!!

They also need a path to production though…hence the low mcap.

been great fun reading nearly 200 posts of mostly smelly stuff today 😂 …why does it have to be good or bad to the extremes? can’t this just be both?

board messed up by “over-promising” and “under-delivering” (with deadlines and numbers) which always goes down badly.

“in-situ” value of $1bn is ******…doesn’t work that way (usually 5-10% is normal). someone mentioned antipa earlier today. to compare, they have an mre of over 3moz and are only valued at around £200m mcap. (they are also in the paterson australia - which says a lot about ‘in ground value’)

nothing wrong with this mre as a starter, but the delivery from the board could have been better. it was a ‘meh’ rns and it got a ‘meh’ reaction.

path to production is the important part. we await more details on the mre and their plans going forwards. board need to learn to “under-promise” and “over-deliver”.

Cando66…thought you sold up and went to Rock?!? 🤔

Something feels up…even with those massive sells today, we still finish up. Could the Arkle finally be making a move soon…? 🤞

Those historic copper hits are scrum-diddly-umpscious. Same again please…

Sumitomo Mining now own 30% of Winu after their deal with Rio last year. I can’t see GGP getting involved in Winu until after Havieron, unless it’s a major bargain. If Rio decide to divest it, chances are Sumitomo will have first dibs on it if they can afford it.

Ooh be careful AJ. With a factual post like that, you’re liable to get the rampers calling you a stooge or just trying to buy in cheaper! 😂

The granite isn’t the real issue. Elizabeth Hill has always been Nuggety. Big high grade silver pods/veins but not enough length for a large deposit. This is the reason UFO were happy to give it away to another small explorer. If it was a genuinely large deposit, they would never have given the 70% away to West Coast. It needs a massive rise in POS to help or to find consistent lengthy assays.

West Coast Silver who own the 70% of Elizabeth Hill only moved around 7% last night on the ASX (to an mcap of around £40m). It’s not AIM.

The first official MRE for any explorer is a ‘major milestone’. It’s massive regardless of the numbers. Not many companies even get close to this stage.

Will be good to finally see their predictions for production value. Broker notes on ‘cost to get to production’ optimistic, so we should be too.

Hey MeM. I wish it was that easy. Mila also “hit a mineralised system” today but if the both the length and grade aren’t good, then it can often lead to a price drop. Problem with Mila was they were all short, grades themselves weren’t bad.

If El P is anything remotely close to OMI Anza grades then we have nothing to worry about.

That’s because they got sent to the lab after the first batch dummy…first batch came back with basic strikes, nothing special. (Pathfinders they like to call them). Stick to your rockets.

No delay from GGP on Ernest Giles. They were in the quarterly exploration report.

OMI is hardly late. Barely into February and these things always run over. It’s an MRE, not a drill assay. Any explorers delaying drilling results are more than likely due to bad results.

Mila has awful grades. You better hope RedSetter doesn’t have similar grades or we can kiss 50% of our mcap goodbye.

Don’t forget the Lithium in Botswana too…

VW Beach 😎