Member Info for lebugue-addick

Looks like DWS Investment S.A. (ETF) purchased 7,248,118 shares this week as shown on the latest Morningstar update - the change is recorded as 30 November. Also interesting that Vanguard Investments Australia Ltd increased their holding. Good for the Aussies and great they can share in GGP's journey. On the sell side T. Rowe Price offloaded 2.8m.

Overall net buying of 6.3m shares shown on the site since their last update.

https://www.morningstar.com/stocks/xlon/ggp/ownership

Site looks to be up to date according to the date stamp of 1 December.

As we have quite a few newcomers to Greatland I thought it would be useful to set out some definitions, taken from the JORC code, as we head towards the upgraded resource. As we know, we have an Indicated resource of 1.9 million ounces of gold (plus 99 kt Cu) and an inferred resource of 1.7 million ounces of gold (plus 67 kt Cu). See page 25 of GGP's slides:

https://greatlandgold.com/wp-content/uploads/2021/10/GGP-Growth-Update-Final.pdf

An ‘Inferred Mineral Resource’ is that part of a Mineral Resource for which quantity and grade (or quality) are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade (or quality) continuity. It is based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to an Ore Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

An ‘Indicated Mineral Resource’ is that part of a Mineral Resource for which quantity, grade (or quality), densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes, and is sufficient to assume geological and grade (or quality) continuity between points of observation where data and samples are gathered.

An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured
Mineral Resource and may only be converted to a Probable Ore Reserve.

kevin - I think you should look again. The Byrnecut website gives an estimate advance per month of 154m. This is rubbish information as it has remained like that since the decline started In May.

Below I post again the actual figures so you can estimate likely progress for yourself.

BYRNECUT ADVANCE

RNS 12 May: Commencement of decline
RNS 21 Jul: Advanced 69m
RNS 9 Sep: Advanced 120m (advanced 51m since previous update)
RNS 28 Oct: Advanced 211m (advanced 91m since previous update)

Byrnecut are picking up the pace nicely, currently averaging 2m/day. Expect that rate to rise again at next update.

Just watch the attacks come now as they jump to attention following the 300k sells. It’s like a cult - toansy comes back incarnated as toastey. Couldn't even be bothered to find much of a different name. Great, enlightened first post btw - not.

And they come along in gangs of 3 with the fellow idiots kevin and sharky - add nothing except to try and wind others up. I wonder why?

Upon finalisation of the PF Study, Greatland Gold is obliged to fund 30% of all project expenditure going forward and Newcrest is obliged to fund 70%. This funding split will adjust to 25% Greatland Gold and 75% Newcrest if Newcrest exercises its option to acquire the additional 5% interest in Havieron in the 12 months from 12 December 2021.It will be fascinating to hear whether Newcrest plunges straight in pre-Christmas with exercising their 5% option, leave until MRE upgrade announcement or maybe wait for 2 more sets of drilling results after next week. I cannot see them leaving it until the 12 months is nearly up. That wouldn't make good business sense.Only my opinion but I think SD's capital raise was a pre-emptive strike to shore up the finances and get the banks readied for action (he already has terms sheets in his in-tray) and hopefully head off any lowball figure. Sure the 5% will be assessed independently but with the SP lagging behind fair value it would make sense for Newcrest to strike early rather than wait.Early new year should be fun.

We bulls wobble but we don't fall down!

Byrnecut website is not up to date - hardly changed contents in a year. Info on website not to be taken seriously

Welcome back schlemiel. Sch the honey monster is back. French translation...

Panama/FC - sorry to hear the sad news

Have earlier posts on this been removed?

Bf - ".but dont forget anomalies such as Goliath have been written off which doesn't get mentioned here much".

It got mentioned loads of times - particularly before all the new multiple ID accounts came along trying to knock GGP. But that may have been before your time

Send in the SaS to sort 'em out - like it!

Hi Bamps - good to see you back on form and doing what you do best - posting quality information. Given we are still open in most directions and at depth do you see this growing from 900m tons. Is it even possible to estimate the total ounces at this stage or to put an average grade per ton on the whole thing?

But for context even 900m tons at 1g/t average gives us around 29m oz (or 22m oz if 0.75 g/t average). It's mega whichever way you look at it.

Exactly 2 weeks until next update. Below is a summary of the reported position.

Since the 65k metre drilling program was announced 28 January, c. 72km has been drilled according to the 6/7-weekly RNS's.

Drill results to date:

RNS 10 Dec: 128,559m drilled for 134 holes
RNS 28 Jan: 138,504m drilled for 153 holes (*announced drilling campaign 65km)
RNS 11 Mar: 154,953m drilled for 179 holes (16,449m for 26 holes since 28 Jan)
RNS 29 Apr: 158,663m drilled for 183 holes (3,710m for 4 holes since 11 March)
RNS 10 Jun: 164,420m drilled for 190 holes (5,757m for 7 holes since 29 April)
RNS 22 Jul: 184,081m drilled for 212 holes (19,661m for 22 holes since 10 June) Note: 7 reported, 15 still in lab
RNS 9 Sep: 194,456m drilled for 230 holes (10,375m for 18 holes drilled since 22 July) Note All 18 still in lab though 12 of the 15 outstanding in 22 July update were reported on 9 September. So a total of 21 holes outstanding for report in October update.
RNS 28 Oct: 210,629m drilled for 254 holes (16,173m drilled for 24 holes since 9 Sep report). A further 24 holes drilled awaiting assay for report at next update hopefully.

Total drilled 28 Jan to 28 Oct: 72,125m for 101 holes. Average depth/hole = 720m.

The next set of results exactly 2 weeks from today should therefore be another bumper crop if the labs have caught up. Further growth drilling of course continues into 2022.

BYRNECUT ADVANCE

RNS 12 May: Commencement of decline
RNS 21 Jul: Advanced 69m
RNS 9 Sep: Advanced 120m (advanced 51m since previous update)
RNS 28 Oct: Advanced 211m (advanced 91m since previous update)

Byrnecut are picking up the pace nicely, currently averaging 2m/day. Expect that rate to rise again at next update.

Could you add AGM 14 December to the roadmap if not already done.

Cheers

bump

Program Overview

"Earn extra income on the fully-paid shares of stock held in your account by allowing IBKR to borrow shares from you in exchange for collateral, and then lend the shares to traders who want to sell them short and are willing to pay interest to borrow them.

Each day that your stock is on loan, you will be paid interest on the collateral (U.S Treasury or cash) value for the loan based on market rates.


IBKR pays you 50% of the income it earns from lending the shares.

The program is available to eligible IBKR clients1 who have been approved for a margin account, or who have a cash account with equity greater than USD 50,000 (or equivalent)".



https://www.interactivebrokers.co.uk/en/index.php?f=46957

That's what BiggL said

Do you trust him?

ProfQ - correct, that is the expectation. So evening 8th December here, 9th December in Aus. It will be titled December interim exploration report (not to be confused with the December quarterly report which will come out in January)

Get the feeling Mike Tola has yet to his research and can't see the bigger picture ?

DIP - he meant CUM raising ie similar to cum div and ex div

WF - the open offer took from 15 October to 2 November 2020 to be announced. Far too long in my book given no suspension of trading on AIM. The GGP SP would have been hung out to dry.

RNS Number : 8527D
Synairgen plc
02 November 2020

Information within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION

Synairgen plc

("Synairgen" or the "Company")

Result of Open Offer



Southampton, UK - 2 November 2020: Synairgen plc (LSE: SNG), the respiratory drug discovery and development company, announces that it has conditionally raised total gross proceeds of approximately £7 million through the Open Offer which was announced on 15 October 2020, representing the full amount proposed under the Open Offer.