Member Info for lebugue-addick

There are a few mischievous voices on this website today, chief among them is StarBright who is doing his level best to dissuade you from your investment, or others investing for that matter.

Most LTHs are of course not put off by their rhetoric. The only fact you need to be aware of is that Shaun Day put a highly talented, knowledgeable and experienced board together, with many more years of business practice than the likes of Greatland's detractors. I will make own mind up when assessing who to put my money in with.

This will all play out in good time. Until then it's all just #speculation.

SB @10.39 - we don't the terms of the JVA. You are speculating on the negative side. One would imagine a clause is in the JVA referring to "undue delay". Remember Greatland know exactly what resource exists at Havieron. I think you are being very mischievous in your theory.

SB @0931 - I have not seen the term " a proceedable buyer" mentioned before. Do you have a link to the agreement you are referring to?

Looks like we got some 'King inspiration today. Couldn't resist!

ria20. I have asked LSE to take a look at your posting history, in particular your cross ramping of other shares on a daily basis. 783 posts or so in the last 30 days. Please return to posting on TRAC if that's your thing.

@ 10.05 - clear the clutter days are always fun. Far too much garbage is unwarranted. Much prefer quality to quantity.

James - I agree. You only have to look at what Shaun Day said in last week's interview with Liam and read between the lines in terms of growth opportunities. This is not a company that will be standing still for long imo.

"....... we continue to want to advance opportunities to increase our footprint and build on that technical team and the credibility of that team to upgrade the portfolio and of course we're also interested in building and becoming a multi-asset, multi-billion dollar platform which I think I've communicated previously is a kind of medium to long-term goal."

Liam. "It would be rude of me not to ask the next question and I do say it slightly laughing. I’ve got to ask it to appease the audience. A few months back Luka Giacavazzi, if I said that right, was asked in an interview about buying Telfer and taking back ownership of Havieron to 100%. His answer was simply to ask Shaun so as delicate as a question it is, if you happen to be interested in purchasing an old tier one mine with a six and a half million ounce ore body down the road attached to it what would be your process to go about the acquisition?"

SD. "Yeah we're actively interested in growth opportunities. I think again taking people back to those three pillars of our strategy: deliver an expanded Havieron, invest in the drill bit and look at opportunities for additional growth.
Yeah I don't think we can get drawn into that specific or other specific opportunities but clearly we have a deep interest in pursuing that part of our our growth strategy and you know there is a direct interest there and perhaps made all the more relevant because Newmont has has progressed within seemingly an agreed takeover bid which is subject to a due diligence process now with Newcrest.
So Newcrest is in play - with it you could argue that Telfer-Havieron and indeed Greatland itself is in play as well so I think that does create an interesting environment in which we look at these kind of growth opportunities."

FredDobbs @ 08.09 - if you are comfortable with what is being proposed in the RNS then you do not need the comfort blanket from what you call "highly regarded posters".

For my own part I have sought some clarification from GGP - reply awaited.

Greatland has a high quality base of UK investors and will continue to trade on the Alternative Investment Market should the ASX cross listing be successful.

"Greatland has an ambitious growth agenda".

Liking the sound of that.

Echo that; thanks Liam.

Interesting that Shaun ranks A35 higher than Pearl, but as he says it's like choosing between your 2 children - a difficult choice.

Redtrader - you seem to be talking out of your rear end. You come on with a load of assertions, what ifs and buts. So let's start talking facts, bearing in mind Newcrest is the biggest gold miner in Australia. The following are the annual gold production figures for Telfer:

1999 314,295 ounces 1.33 g/t Cost per ounce A$390
2000 176,000 ounces 1.62 g/t A$494
2001–2003 inactive
2004–05 218,000 ounces
2005–06 650,000 ounces
2006–07 627,000 ounces
2007–08 590,000 ounces
2008–09 629,108 ounces
2009–10 688,909 ounces
2010–11
2011–12
2012–13
2013–14 536,342 ounces 0.90 g/t $A1,005
2014–15 520,309 ounces na $A791
2015–16 462,461 ounces na $A967
2016–17 386,242 ounces 0.70 g/t A$1,178
2017–18 425,536 ounces 0.71 g/t A$1,262
2018–19 451,991 ounces 0.72 g/t A$1,253
2019–20 393,164 ounces 0.90 g/t A$1,281
2020–21 416,138 ounces 0.89 g/t A$1,473
2021–22 407,550 ounces 0.73 g/t A$1,388

So you will see that these sort of numbers were perfectly acceptable to the biggest gold producer in Australia for more than 20 years.

Currently we have heard from Shaun Day that he is not uncomfortable with Havieron being talked about in the 20m ounce category. So if that is true then over say a 30 year mining life we are talking about some 667,000 ounces of gold per year. Then build in a slight drop for 86% recovery rate - incidentally the best Shaun Day has seen in his career so far.

It can therefore be clearly demonstrated that Newmont would also be well satisfied with these numbers.

Excludes copper, but available on request.

LW - by your own admission you are very risk averse on this company as you almost got bitten before I understand. In issuing these statements the reputational risk of the issuer is put on the line. I hardly think you can equate the past mistakes by GCAT, at the corporate level, with this very specific comment.

ID78 - this competent person statement is not to be concerned about as the practice is commonplace throughout the industry. Far from it in fact. If you look at the Newcrest updated mineral resource estimate for NCM/GGP's Havieron project on 19 August 2022 you will see the same type of statement:

"Competent and Qualified Persons
The information in this Statement that relates to Group Mineral Resources, Ore Reserves, and associated
scientific and technical information, is based on and fairly represents information compiled by Ms J Terry. Ms
Terry is Newcrest’s Head of Mineral Resource Management and a full-time employee of Newcrest Mining
Limited. She is entitled to participate in Newcrest’s executive equity long term incentive plan, details of which
are included in Newcrest’s 2022 Remuneration Report. She is a Fellow of the Australasian Institute of Mining
and Metallurgy (AusIMM). Ms Terry has sufficient experience which is relevant to the styles of mineralisation
and types of deposits under consideration and to the activity which she is undertaking to qualify as a Competent
Person as defined in the JORC Code and as a Qualified Person under NI 43-101. Ms Terry has reviewed and
approves the disclosure of scientific and technical information contained in this document and consents to the
inclusion in this Statement of the matters based on her information in the form and context in which it appears."
https://www.newcrest.com/sites/default/files/2022-08/220819_Newcrest%202022%20Full%20Year%20Results%20-Resources%20and%20Reserves%20Statement_0.pdf

I see the broken record arrived @ 13.17 with its usual banal comment. Ignore

Tiggerman - in the interests of accurate reporting I'm sure you will know that the last MRE, that issued by Newcrest, was on 19 August 2022 just 8 months ago.

"One keeps returning to the terms of the JV and legalities as a backstop. I trust that by now the Ggp board and legal advisors have got their heads around that."

Long ago - not sure why your "by now" comment was needed.

GGP have reported on all 9 holes outstanding from the last drilling RNS I am pleased to note.

It begs the question why Newcrest failed to report some of them, instead just calling them "infill drilling" results with no numbers.

Bottle Rocket - take note if you have an interview planned with SD to explore the NCM shoddy reporting.

Hi TT

It would be nice to think that whatever Newmont now know about Havieron and the Juri JV that Greatland have had at least had some briefing behind the scenes - whether we get to know is a different matter (NDA ?)

HTH - "Hope this helps"

Well no. ID.IOT is here to get you to sell - be very wary of his games imo