Member Info for JerseyCrew

Scale \ grade and let's not forget ready made processing plant in the near vicinity.
The perfect positive storm in the making.
ATB

AngloGold Ashanti's Mponeng gold mine, located south-west of Johannesburg in South Africa, is currently the deepest mine in the world. The operating depth at Mponeng mine ranged from between 3.16km to 3.84km below the surface by the end of 2018.
.......we have a way to go before we get to these depths....
ATB

Of the agreement will be completed sooner than many contemplated as they have accelerated with a third and soon to be 4th rig. Passing into stage 2 will be a milestone that institutional investors will find hard to ignore.
ATB

Cookie - keep an eye on the end of the month and whether the US Fed cuts it's rate - if it does it's good news for gold.
ATB

And I thought my glass was half full...you can give me lessons Applegarth.
Enjoy the weekend.
ATB

These % movements will translate into pence and for those of us with patience, we will be able to look back and reminisce.
ATB

NC would have to buy out the share capital of GGP for it to become a subsidiary. If that were to happen whilst the subsidiary BoD would be responsible, they would be operating within a Group policy framework. Not sure what the benefit would be to existing GGP holders other than they have been reimbursed for their shares.

I think that it is fair to say Mickey that we live in different times .....but I am confident that your prediction will be surpassed given time!
ATB

With 44B AUM, this is a telling endorsement from Jupiter. Woodford hasn't got time - he needs to sort his house out now and take cash where he can. Tell me that there is still time to wait but bet your bottom dollar that Jupiter have been over HVO like a rash before committing - it is what they do.
ATB

News - could it be someone in Newcrest wants a good news story for this quarters update? Hope so! The end of the month will reveal all if not sooner.
ATB
PS Not an Aussie or a geo - but I am excited at todays further good news and in anticipation of what is coming.

Another step in the right direction with todays RNS - slowly but surely adding to a compelling investment case for any new money. I was thinking about the market in general and trying to look into the future about the timings of the next large correction - we are getting into the cyclical ticking bomb time and the only question will be when and how big. Interestingly gold prices tend to do well when the market collapses and so GGP might prove to be one of the safer havens if sentiment prevails, even though we are some time away from monetisation from a production source, if that is the route that GH takes.
Food for thought.
ATB

Urbanracer - we are certainly on the same page and I don't see GH selling Haverion before it is at M&I stage although that will not prevent NC making a bid before. It is an interesting mathematical question to try and work out value in the ground of the gold but at this stage there are too many variables to attach any worth to any numbers the moment. I have said on numerous occasions that I am here for the long term - 5 to 10 years to reap maximum rewards.
ATB

Buyout of the company and you will be either paid out in cash / shares in NC or a mixture of both - GGP shares will cease to be.
Buyout of the licence and that will depend on the value that the market places on the cash raised - yes of course it has a cash value on the balance sheet but the question that the market should be asking is what are they going to do with that cash - it is a depreciating asset if held in cash in real terms because of inflation and cash is useful to make sure your working capital requirements are covered but importantly with a junior explorer - that you can finance the next range of drilling projects. Of course the company would have an option of paying a special dividend but GH has he eye on the big picture and any such special div would be limited in my view in preference of building his war chest.
I am not answering your question in numeric terms because I am not sure that is possible given the infinite variables - sorry - just some of the considerations in my view.
ATB

Buyout of the license or the company?

If an offer was forthcoming for the share capital it would be incredibly difficult to decide on what would be an acceptable offer. I am sure that it would be a dilemma that GH would welcome. Any offer or sniff of one would truly ignite the SP even if it was not accepted. Personally my preference is to continue to prove up the resource over the next couple of years with more JV,s. In my mind I have set a minimum target SP of 20p but my timeline is 5 to 10 years (happy with sooner!).

ATB

Gold v digital
I am old but I am coming down on the side of gold - why - because it is tangible / has intrinsic appeal as well as practical applications / it is scarce and limited in supply and you can physically protect it. I am not a digital expert and I do not understand the science behind crypto but my concerns would be security and the world signing up to one standard (there seems to be too many types of coin out there in my view) - we have no idea what the future will bring in computer science or the ability to mine / protect digital coins in the future - I challenge anyone to say that they can predict with accuracy that future. Gold is however a constant in my eyes.
Just my point of view of course so please do not attack me!
Enjoy this lovely Saturday.
ATB

HAT
Amen brother
ATB

Thanks for looking last my predictive text errors Christophe...turning gold into good! This is a hugely exciting share for those with patience and foresight. We might not hit the motherload every time but the potential here is staggering in my view.
ATB

Whilst nothing is guaranteed I would be tempted to put the continued global demand for good up there with death and taxes. Supply and demand will ensure that in my view.So whilst I understand the economic triangle you describe Christophe, i believe that Gold miners of the size of Newcrest have to take a very long term view of 20 years plus due to the lifecycle of mines of the size we believe Haverion has the potential to evolve into. I very much agree however that a strong good SP at this stage of exploration is a huge positive and given the head winds that the global economy faces I expect the price of gold to only increase further over the next 3 to 5 years....it has always been the lifeboat in choppy financial waters and I do not see that changing. In summary...all looking good here if the results keep coming as we hope.
ATB

Mickey...you are applying very sound logic....from years of experience that is a mistake on AIM. I wish it were otherwise and I hope I am wrong and you are right.
ATB