Member Info for Jambo813

If the feasibility study could be by end of year, then possible the preliminary Resource report could be a matter of months away

Thanks Paddy, i was never sure how to read these results and exactly how much detail there was. Seems the gist of it is length and depth to a strike /seam but not how deep or thick the seam is.

Can anyone, using One of these results, explain what they actually mean in terms of length width and depth of each reported strike ? No need to us them all. Not n expert and not sure how they read in terms of overall picture

· HAD020: A 100m step out hole to the west of HAD014 to test for mineralisation beneath HAD005 and HAD014. Assay results (final) include:

o 122.9m @ 1.7g/t Au, 0.36% Cu from 673m, including

§ 14.6m @ 9.1g/t Au, 0.48% Cu from 705m

o 114.8m @ 0.84g/t Au, 0.13% Cu from 809.2m, including

§ 10m @ 3.4g/t Au, 0.01% Cu from 895m

Not a clue what the news will be but hoping for decent results that are commercial with cherry on top that they have not identified any boundaries.
That should lift the price and exit some sellers with stock taken up in more sticky hands, setting a new level and greater anticipation.

Of this 2017 article. If Hav does yield anywhere near 15m oz the exposure GGP will get will be global

https://www.google.com/url?sa=t&source=web&cd=12&ved=2ahUKEwjLnZ3I2_nmAhUPV8AKHWDvAW8QFjALegQIBBAB&url=http%3A%2F%2Fwww.usfunds.com%2Finvestor-library%2Ffrank-talk%2Fthe-world-is-running-out-of-gold-mines-how-investors-can-play-it%2F&usg=AOvVaw3Zb-HnJTCDp9tSaGCraJ0h

Interesting scenario. Would the JV with the NCM subsidiary still stand and work continue? I think so.
Pity, as if all was voided then GGP have a the lot to themselves and a broker at hand to raise the funds to prove it up and then sell to the highest bidder, probably RIO LOL

Seems to have become the defacto number and discussions now just on how much to be paid per oz.
Need to remind myself the main source of this number appears to be PRIM. From their discussions with the board hint hint. PRIM who themselves are not gold exploration or mining, and do not appear to be that great at investment management on their track record .
Keep it real chaps

Jeez Rup I hope that’s not aimed at me. It was a number plucked for a scenario . Surprised though as half expected to be crucified for suggesting sellers may not get anywhere near that lol

I like that somewhat. Lol

Cannot see institutions being interested if we licences with nothing more than potential. The money in bank will not be reflected in SP as will be a dwindling amount.
I think it is absolutely critical the board get the star projects along the value curve asap. If they do not then many would view them as sitting on a dwindling HAV cash pile while plodding through exploration projects over the rest of the decade.

Good comments and agree with Jersey. Very important for those wanting to go the whole distance that we have other irons in the fire. Just as important to those who hope to bake out at the HAV scenario, which in my opinion will be many. If they do bale they may have to be quick. The MMs would drop the SP like a brick regardless of cash in bank if there is a tidal wave of sales.

Monetisation scenarios, and welcome comments.
Let’s say NCM at some stage put a value on GGP s 30% Hav stake and actually pay GGP an amount that puts a value of 10p on each share. No other JVs on other projects which are all at POTENTIAL status.
My guess is there will be many selling up and MMs will price in the risk of taking on potential billion plus shares.

RTC according to some the delayed 12.5 m from Friday were buys. That would mean the MMs almost traded flat.
May see a repeat tomorrow with large late reported trades

MIckey, the last sale I made in GGP was early Sept 2018 at profit and have not traded any since then. Holding the rest and enjoying the ride. Just speculating like many on reasons for the recent activity between news. Enjoy your enthusiasm though.

2.06 lol

Volume last few days is above the average. Some think due to PRIM increasing their holding.
Could well be as average price Paid and received today is 1.06 something. So MM s not making much on the turn. This points to an agency order where broker makes on the commission. If that is the case then when order is complete fall back under 2 is on the cards IMO

PRIM did telegraph that they were thinking about it. Not very astute of them. Then again I did think they were ramping a bit. Perhaps they did after all attract some more funds and now spent it on more GGP

Too much going on now to figure out reasons in absence of proper news. Just noticed the 12.5 m late reported sales from Friday. Then again could have been buys

The big traders have arrived ahead of the herd and the January NCM update.
The sentiment and herd IMO will dive the SP north and where it ends up AFTER the update is anyone’s guess. It could easily peak then fall back again especially in the absence of no other news other than HAV. fully expect some of the big buys over last couple of days to be sold out once they see their profit.

Sellers at 2p at the moment