Member Info for Lenz

Bamps, I have just had a look at the GGP website trying to get a grip of the dimensions, but it is all split up into different areas so my original figures could be out either way. And even @ 1g per ton it will still come in around 10m Oz

Kieffy, going by those nos. And this explanation .... Solid rock is estimated at 2.5 to 3tons per cubic meter. If rock is crushed into uniform sizes, the presence of open space between the particles causes the load to be lighter -- approximately 1.6 tons per cubic meter. Mixed sizes of Solid rock is estimated at 2.5 to 3tons per cubic meter. If rock is crushed into uniform sizes, the presence of open space between the particles causes the load to be lighter -- approximately 1.6 tons per cubic meter. Mixed sizes of crushed rock can range from 1.6 to 2.2 tons per cubic meter.. so if we go by 1.6 tons per cubic metre 600 x 300 x 1200 = 216 m cu m. X 1.6 = 345.6 m tons even at an average of 1.5g per ton adds up to .. 16.7m Oz !!!

Ok Doggy fair enough. ;-)

They have signed a jv with Newmont but no Results from drilling yet. Does that make them worth more than GGP .. the markets are weird !

Doggy .. I really have no idea but fo they have anything like we have ! To justify bring higher then GGP

In the same time frame OMI has gone from 14p to 23p ! Why ?

Since the 5th October this share price has been steadily worked down from 24p every trading day ! Someone is collecting shares on the cheap !

Jersey, they are still saying 5.4m Oz for Havieron which is what Numis quoted months ago, at a note of 17.9p share price with 0.5 risk ! we have had more results since then .. strange. Pricing !

Thanks Jersey, I still think their figures are miles out and we will be up to their highest estimate and beyond after MRE .. this is my own opinion based on current information !

Jersey 35GBP .. wow ! I take it you meant. 35p

Think it was Numis

No
Last broker update was 17.9p at a 0.5 risk factor
!

Jersey MRE of 3.75m Oz. Ha ha ha ha ha ha . Where do they do their research, the last broker update we got was 5.5m Oz so where has it all gone .. they are talking through the hole in their backside ! Clowns !

Oz as I said if it’s facts then show us or tell us it’s just your opinion ! If you are correct then I will congratulate you but I doubt that will happen !

I see Oz and his 28p tomorrow have disappeared .. wonder why !

I think people should calm down a bit .. yes it could be twice the grades but half the size. So stop getting carried away. !

Sungam, it pays not to be greedy, the same deal again would do me .. as long as GGP hold on to their 25% of each mine. That would generate income for years to come !

Spy, I think renewables are the way forward, that and power from hydrogen which only emission is water ! And it’s quiet, lately there has been a Successful trial with hydrogen power used on a train in England ! The world is changing !

Zoros, don’t be condescending .. no one criticises anyone who comes out with facts , whether they are good or bad .. sorry but you haven’t produced any facts only past histories with other companies .. we still have the gold in the ground and it’s growing all the time, the only thing that will derail GGP is a huge meteor hitting Havieron and scattering the gold far and wide ! ;-))

Spratt, I think they have been told to hold on until the Scally results and next Hav drill results are published .. no point in giving an updated share price if it is going to be blown out the water !