Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for taking the time to post Bamps.
Yours are one of the “feeds” in to my research and as with any investment decision, there are many factors to consider. Your posts also prompt me to read further on the subjects such as grade etc.
Allied with regular review of the facts from satellite, exploration updates and RNSs these feeds inform whether to alter an investment decision.
Anyway, in short, thank you Bamps and do try to avoid feeling the need to justify yourself as you post copious detail as to how you reach any number and are clear that the numbers are open to influence by any number of factors.
First post 18.06.2021 “….been following (GGP) for a week.”
Joined LSE day before…..?
Underpinned broker ratings of 33p after 50% risk rating reduction (pre decline commencement).
4.3Moz gold equivalent is for a proportion of Havieron and excludes Eastern brecia, much of Northern brecia and NE sulphide zone plus based on 50% of the current depth and gold at $1400 per oz.
Relax and enjoy the ride.
And on the Newcrest Graduate Programme 2022 which starts in January 2022 the following;
“ Where could I be based for my role?
Our Australian based graduates are typically based at Cadia, Telfer, Havieron, Perth and Melbourne. Graduates may experience rotations between some or all of these sites.”
The very helpful aspect of this board and the Telegram group/Twitter (especially your posts there Paddy with GH retweets) is that the real time progress is revealed.
Those able to can take/build positions ahead of the structured, regulatory steps of update MRE/PFS/FS and decision to mine.
Reaching these (rightly) heavily regulated and controlled milestones will allow institutional investors to participate to a greater extent and will no doubt attract more PI interest on the back of media coverage.
Those currently in have done so ahead of that.
Let’s hope for genuine holders to continue to drop in the news and intel in a balanced way, avoid ramping and challenge constructively.
All the drills hit mineralisation (Sandeep Biswas CEO Newcrest not traceless internet poster)
The satellite images have remained a perfect advance indicator of activity and progress ( cross reference the posting re sat images with the subsequent exploration Ypres and RNSs)
The pace is relentless (cross reference actual progress against original timelines)
There is a lot more than 4M oz gold equivalent in Havieron alone ( cross reference the MRE with subsequent drill results)
Desperate dreamers - please copy this verbatim and try to spin a negative from my view.
Kiddo.
Checked in for GGP chat and appears to have been subtly taken over by constant argument and flow re another company.
By my reckoning as disruptive as all the troll tactics ….even though possibly borne out of boredom in a fallow news period (for now).
More filters applied.
No you’re not.
I think his point was the 2 intercepts with 30g+ per tonne could have been expressed as over an ounce per tonne as 28g = 1 oz
Final bullet;
“The high grade Crescent zone remains open at depth”
Good result
Indeed it was somewhatgullible but the SP in the market is influenced by so many factors not least emotion, hubris etc
The CG note was balanced and had much logic explaining the short term target. I am sure similar rigour was applied by the board/remuneration committee when setting Shaun his goals. And uncannily…..both at 25p
Your point re upside that is, no view on other brokers
Exactly my point daveri
From GGP RNS announcing Shaun Day’s appointment as CEO;
“ As part of his appointment, Shaun Day will be granted 5,000,000 performance options on commencement of employment. It has been agreed that each option will have a 25p exercise price, a three year vesting period and a life of five years from grant date.”
I agree Paddy.
I am particularly struck by this excerpt;
“ What appears clear, in our view, is that there is significant additional gold in Havieron than has been currently defined. Our simple observation of the drilling data to date, plus the known MRE geometry, suggests total resources could be a multiple of what has been defined to date; of course, whether that multiple is 2x or 5x is much more difficult to define at this stage. We do believe that ongoing reporting of drill results will continue to be encouraging this year, and will ultimately lead to significant upgrades in the overall resource base.”
Significant upgrades in the overall resource base = significant upgrades in the SP.
Nothing changed for me and indeed further affirmation of hold/accumulate strategy.
*Ponie
Po is, best wishes for a speedy recovery.
Thanks Paddy. Simple to register - done in seconds.
I have green boxed Marky random number.
From the big uplift in agitated responses today referencing that name I imagine he/she is (a) at it Spain and (b) getting exactly what he/she wants which is attention and disruption.
Use the filter and save your time and blood pressure - facts unaltered and update next Wednesday or any RNS are the only things to concern ourselves with.
Markymark slowly morphing into Jvetch language and style and his/her post at 09.24 shows that sowing doubt without overplaying your hand is actually quite a skill.
A skill he/she lacks. I have filtered - others please consider whether you are falling into the trap with your constant attempts to answer questions/discuss scenarios ( fruitless - he/she doesn’t want them answered, that is the point - constant dripping doubt) or arguing/insulting (job done, almost as effective as the question approach).
Well said Merc
*feed for now