focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Hi Ben. Are you flying to Perth or Sydney?
Have a good hols!
Jiffy - 7,000th post a good one!
Copper is some 20% of future revenues perhaps more. Nice to have another club in the bag.
They always say in golfing terms - drive for show, putt for dough. Perhaps copper should be considered as our putter?
ace @ 11.09. They are getting quite a lot of mentions (from me that is!) since I have been over in Perth.
SS at 12.26. Share price, share price, share price.
That's all you ever bang on about. Try talking about the actual asset, that is the thing that SD can do something about - and is doing.
He has sorted out the legacy issues that he inherited, has got funding in place, mining next year, brought in a very capable board and is expected to bring in a significant MRE update etc
Jeez what a one trick pony SS is.
Ace - don't let the little id.iot get to you. He/her has a different agenda to us. The dumb ass kid sadly never grew up.
It can safely be ignored.
It is about time you stepped up your surveillance of the LSE board. The posting habits of some people are abusive and border on the libellous/defamatory which are contrary to LEE'S own rules.
As one example please look at the post (and posting history) by someone who calls himself/herself Seriously Skint at 10.45am yesterday morning. The accusations made go way beyond what is acceptable and can be challenged for being wrong.
If LSE want to maintain an orderly board you have to be much more proactive in cutting out such shameful posts. Otherwise you will likely find people will just move elsewhere. That is of course what the likes of Seriously Skint hope will happen. They attack the decent posters and those with knowledge with the aim no doubt of removing them from the Board so they can continue with their negative agenda.
The abuse by Seriously Skint was aimed at Bamps21 who has demonstrated over a long time that he is a reliable poster with deep knowledge about Greatland.
I look forward to you exercising greater regulatory surveillance before this board deteriorates into a farce.
GLA LTH l-a
SS @ 10.45am reported for foul and abusive language, particularly as the poster could not be further from the truth.
TT - agreed re 10m oz +. SD mentioned a CAGR of 43% in a recent preso. So after a further 16 months of drilling the MRE increase must be some 6.5m oz au equiv plus 55% at least.
10m oz au equivalent looks well on the cards now.
7 Havieron drill results were outstanding from RNS 25 January :
HAD087W1
HAD098W9
HAD134W2
HAD161W1
HAD164W3
HAD169
HAD170
Should be a little bit of activity once these are released, hopefully later today.
itsouthere not isotherm!
GGP gold ounces up 50% in the last year according to Shaun Day.
So 6.5m oz + another 50% makes almost 10m oz gold equivalent when it's reported in August.
GGP share is 3m oz. Even on a conservative 300,000 oz a year for the next 10 years starting in 2024 that gives a minimum profit of £150m a year (on a very very conservative profit per oz of £500) or earnings of approaching 3p a share.
Apply a very very conservative PE of 10 and we are looking at a SP potentially approaching 30p.
Yet the likes of isotherm keep banging on about the CURRENT SP without looking at the bigger picture. That's why people are filtering him and his cronies.
Lools like Molybdenum has only been found at Saddle Reef so far not Havieron.
See RNS 1 September 2021.
I wonder if we will see aim999 come up with some original share analysis today instead of banging the "SP going lower" drum.
All the while another 4m cut and another 32,000 ounces hit today.
Talk of dilution is premature imo unless you have an agenda of course.
Look at those ounces per vertical metre. If they drill down to 1800metres that would make 14million ounces. Looks very achievable.
Hi Mark- great post, it's about time we got back to actually talking about the asset before the annoying distraction (why don't lse step in earlier to remove these annoying clowns?).
Anyhow every cut is 4 metres and that " potentially gives us access to another 32,000 ounces" according to Shaun Day.
We are moving at pace now.
The amateur one-liner brigade, with no actual analysis are showing up again today. All they have in their armoury is the SP situation. They have no idea about the actual asset and its 20m oz potential
It was interesting to hear Shaun say in the Q&A that Greatland/Newcrest (or whoever) don't actually need a FS though his preference would be to have one. That's because the funding is already in place. Normally that's why companies prepare a FS.
Well said Bonkers0801 - for every detractor there are 100 or more who love to read what Bamps has to say.
aim999 "they have found nothing".
What a plonker!
Seriously Skint @ 10.00. Stirring again. The opening paragraph of today's RNS says "100% owned Scallywag". Seems fairly clear.