The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
From what SD said in one of his interviews lately, I suspect it will be next year at any rate. I’m guessing bamps would be in the best position to estimate the resource (outside of NCR and GGP)
Fancy a crack at it Bamps?
ere we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
IG shows it as a 0.17% increase?
Anyway -my point is that this is the first time for a long time that the price has held up the day after drilling results have been published and that this should be seen as encouraging
I think I’m right in saying this is the first time the sp has been blue the day after drilling results have been announced, in at least 9 months. That seems positive to me and hopefully a sign of some serious consolidation at the current price
No steady rise in the days before news is published. That breaks a trend which has generally been followed by a drop in price after news as traders make hay. I think that might tell us that there is some price consolidation afoot
Evening all,
I’ve been reading RNS releases to try to estimate a release date of drilling results for Scally, but lack the experience really. We are looking at 8 holes for 4500 metres.
Would anyone like to hazard a guess? Do any of our geos or regular posters have an estimate of drilled metres possible per day?
GLALTH
Joe bloggs, you have mentioned several times the RNS releasing the poor SWAG results as if this was somehow a nefarious move by NCM.
Tosh. Firstly NCM have nothing to do with SWAG is 100% GGP. Secondly, it was information that would have a significant impact on the SP and therefore had to be released.
It’s pretty clear to me you’ve arrived to troll this board and sow the seeds of doubt. If you’re a genuine LTH, why the silence until recently? Come on people don’t let this paid de-ramper persuade you. Listen to those people who have been posting regularly and informatively over the past couple of years.
Hi DJ, my original post was supposed to be headed ‘back of a fag packet’ but predictive text had other ideas.
Been here for 2 years and really do not want to sell. Am exploring the mortgage option but not sure it will come off. I may even consider putting the project on hold for another year. 45p is my minimum sell price and even then I’d only look to sell half. Time will tell!
Just for a bit of fun and to gauge opinion, if we were to be bought out as a company in our entirety after the PFS, what share price do you think we would achieve and why?
My time in Greatland is ticking as I have a building project I want to complete in tandem with a share price re-rate and I’m looking to plot some kind of course!