Member Info for Gingertom1

Future proofing our lowly market cap

https://youtu.be/vpC4NJY3q98?si=cJuResiwrLK24wod

As has been said many times Telfer is running close to a loss at present as its own ore quality is way below what it was!

Would the relatively limited volume of extremely high quality ore from Havieron be sufficient to turn it round and fund the investment it will need for the future.

If we buy both Telfer and our 70% will we also be seeking other sources of ore to provide toll income.

What other existing mines close to production are near enough to provide the additional volume needed?

Or do we need to explore near Telfer ourselves by buying up any licences or junior explorers who have suitable targets !!

I don’t know any apart from Wsbn and Red setter licence but there must be others ?

GT1

NO.

GLA GT1

Newmont have announced they are selling both Telfer and Havieron to raise money for the Newcrest purchase

We need Telfer to process anything we find at Red Setter and GGP needs a buyer for the 70% of Havieron it doesn’t own!

No idea what will happen but it will be interesting!!

All bets cancelled until the smoke clears

GLA GT1

Like so many others who have waited and waited and waited........ I am of the firm belief that if Harry announces that one more of our potential investors has signed the paperwork we will be off to he races. At present a lot of people are nervous of Deja Vu (again).

SA is not currently factored into the share price and as we all know it has a massively greater potential for speed and development than even the well thought through and prepared TK project. Its also huge and lying on the surface (almost).

Holding firm and adding when I can.

GLA GT1

Yet another day nearer the results we are all waiting for.

Some understandable profit taking before the next leap forward.

GLA GT1

Another week has passed with no news but pressure mounting for the hopeful band of investors.

Close but no cigar last time so let’s be confident that they have refined the target more this time

Good luck all GT1

I suspect that I am not the only GGPer already heavily invested and waiting for the drill bit to do the talking.

We need Red Setter to deliver to keep Telfer processing plant going at a profitable rate and I suspect if Newmont keep Telfer they will be very interested in whatever we find. Gold or Copper.

So every day is a day nearer the Assay results.

GLA GT1

After 13 years of maybe's and false dawns we may now be close to progress and the end of the beginning - perhaps.

What excites me more than TK is the ignored potential in SA and the enormous clout our partners have , both financial and practical.

So once we get the actual ££ in for TK then the race to the top can really begin.

Multi-bagger in the making here but hopefully quicker than the next 13 years.

GLA GT1

I hope the herd are on their way at last. Nothing like a 7% increase to attract the traders looking for a quick £10 profit.

So few shares and such a low price this should carry on until we get the news we are all waiting for.

GLA GT1

Lateral thinking .....

Harry should get our SA partner to gazump the Ethiopian secondary bank and force their hand.

Probably tried it but the EG would stop it,

GLA GT1

Daft as it may sound , and I have been waiting 16 years for TK to sort itself out, I am beginning to think that we are all fixated on the lesser project. With our partners in SA playing ball and the fantastic results there I am of the changed view that TK may be a distraction in the long term if we are not careful.

Once SA gets going I suspect it will overtake TK and allow us to reap some reward for all our patience.

Just saying.

GLA GT1

I must have missed something over the weekend but the sudden slump has been a surprise.

No news and no obvious reason for the drop but who knows what reasons people may have.

Surely not everyone has a tax bill to pay on wednesday and today is the last day to get you funds released if you sell??

Tuesday may see more information. Lets be positive and hope that Harry Houdini has finally been given the key.

GLA GT1

Newcrest will take a long while to decide what to do with this but in the meantime as long as we can keep drilling we might provide resource for them or the new owners!

It’s too expensive to mothball or shut down so keep looking guys. There is something down there somewhere.

GLA GT1

I am keeping one eye on what Newmont decide about Telfer processing facility.

Currently having a few problems with water storage tanks it seems but only a hiccup.

Whatever happens , they either keep or sell? , it will still need massively improved volumes of quality ore to make it worthwhile .

Gold for preference I guess but copper would be equally welcome.

We are due results soon I hope and should we finally drill successfully we may well start to look a lot more interesting to the worlds biggest Gold-miner.

Let’s hope we don’t have to wait too long

GLA GT1

As all AIM investors are probably aware - at present any RNS for any company seems to be received with an enforced drop.

Almost regardless of the positive or negative information in the announcement.

One might assume that traders are always expecting a showstopper and when the news is not spectacular their limited patience is exhausted and they are off looking for the next "big news".

Patience has been the theme here for many years so a few more weeks seems all that is needed.

GLA GT1

Until we get a definitive RNS with assay confirmed results this share is the biggest gamble on AIM.

The potential is vast - particular if they find gold or copper at Red Setter. So close to Telfer that Newmont would be all over it like a rash , assuming they have not sold Telfer processors to GGP?

Anyway all the whining about RP and DL wont make any difference.

We need to see what they have - or have not - found at both Cottesloe and Red Setter and for my overly committed gamble I can hardly wait.

GLA GT1

That last 1,000,000 sell was in fact a buy. I should know.

Very good presentation I agree. Lot of work being done to make progress and lets hope Harry can finally push this square wheeled vehicle over the starting line this next month or so.

GLA GT1

Surginator is correct that the insider aspect of this does nothing to boost our confidence.

The only thing that will help are positive assay results as we all know the slight of hand that was tried before.

However having said that - and yes I am up to my neck in this explorer so do your own research - we remain the closest tenement to the under resourced Telfer. They are really scaping the barrel it seems with the low grade ore they are having to use before Havieron comes of age. Even then that will only provide a relatively small amount of high grade ore.

It looks like Newmont will keep Telfer going so that may be a tick for us later.

We are right in the middle of elephant country in the best jurisdiction for mining in the world.

We have had good indications that something may be down there , yet to be found.

Relatively few shares

Ludicrously low share price

and that is just Red Setter.

So it's just a patience game.

Havieron ore body starts at 800 meters so we have a way to go yet before I lose faith that we must have something down there.

GLA GT1

Https://www.kefi-goldandcopper.com/news/videos/2023/12/assay-tv-interview-harry-anagnostaras-adams-leader-arabian-nubian-shield

Looked at this earlier and I was impressed how calm and confident Harry was. After all these years he is still patiently waiting for others to secure our futures and I think he may have finally got near the finish line.

People get less sentencing for first degree murder!!

GLA GT1