Speedy, Panama . I have no intention of selling but I would like to be able to enjoy the large profits I will make on this, before I am really too old to enjoy an Aston Martin . If that is ever the case ;-))
Eternal optimist . I only hope you are correct, because no drill results this year have had a positive effect on the share price .. getting worn down with this now ! We need something left field to shake things up a bit !
Zoros .. great post and just shows how everyone can have different views but still be correct in some way. We really can only go on the information given by both companies, even though they are slightly different. It has been a good and informative discussion. We need more of this. Fubar thanks for clarifying those periods well done ! We may all be wrong in our assumptions I just hope it’s to our benefit sooner than later.
StarBright yes that’s what it says just now but that is all out of date .. and as someone said it is only to tick the boxes, they want ore to Telfer double quick and that won’t be the only mining method, so expect a lot more than that in the years to come
Sooon that would be a full years production which I don’t think we will achieve oin 2023 .. but should in 2024 and onwards , but money will be flowing into ggp coffers from 1st Q 2023 I reckon ! I can’t see them getting to the ore body and sitting on it for 12months .. can you ?
StarBright if you think they are going to wait that long with Telfer nearing shutdown .. then fair enough ..I did say it was my opinion based on what both SD and SB are saying .. I never said I was correct Just my thinking, which could be near the mark with all the pressure to get free cash flowing and drilling ongoing !
Spoon, that is the final estimate after estimated AISC costs ( which I reckon will go down further) we will hit the ore body by this time next year, and I expect them to be producing in a ramp up fashion in early 2023, even Biswas says he wants cash flowing for Havieron asap. The quicker they do the less they lose on Telfer, this is not going to slow down
Unless something happens ! The FS willbe this time next year I would imagine which will give the ho ahead to mine.. these are all my opinions from what I have read and watched from both SD and SB !
Joe give it a rest mate .. we all have little spats on here as the written word can be taken wrongly ..hydro has provided tons of info, you can discuss it reasonably, ignore it or accept it for what it is, no need to make war and peace out of it !
To allay any fears SD said they will be submitting an FS for 3m tons per year at an average of 3.74g/ton = 11.22m grams at the moment, divide by 31 and you have 362,000 Oz per year ..ggp share 25% = 90,000oz give or take @ todays gold price gives roughly $108m / year before tax ! And this should start 1st Q 2023 .. open to any other views but that’s mine !