Member Info for Lenz

I think you can say technical knockout spy ;-))

Chrissrbirdies I have no idea how that sort of return on a yearly basis would value GGP, but at 25% that’s 250m Oz @ $1000 an Oz . $2.5 bn a year .. but being realistic even 50% of that would be huge !

TMT .. paddy reckons 500m tonnes of ore at present figures, Telfer can process 22m tonnes a year, take down time and maintenance and say the figure is 16m tonnes @ ave 2g per ton = 32m g ... that’s 1m Oz per year .. just let that sink in as the maximum Telfer has produced is 700,000 Oz per year ! All just bouncing nos. about, quite happy for it to be ripped to shreds ! If it’s factual ..

DGR .. I did mean both I should have made that clear !

Yeah DGR .. but it is another bundle in the last month which goes in the coffers !

That’s another £1.5m in the coffers.

If that’s you posting Lauren .. I can’t read it as you are in the bin with the rest of the rubbish !

For info re closed periods ...

There has been uncertainty around this point as MAR sets out that closed periods (during which persons discharging managerial responsibilities are prohibited from dealing in issuer securities) should fall only before yearly and half yearly financial results that issuers are obliged to make public. As preliminary announcements are optional, on a strict reading of MAR, there would be no official closed period before preliminary results are announced. Instead, the closed period would fall before the announcement of the final year-end report. Closed periods under MAR last for 30 days.

This approach potentially led to the situation where PDMRs would not be able to deal ahead of both the preliminary results (due to the possession of inside information) and the final report (due to the official closed period). As issuers were preparing themselves for, in effect, this double closed period, the FCA's statement is a very welcome development.

Lauren thanks for that information, I did have you filtered but unblocked you to see what you said to paddy, but if that’s your normal attitude to people asking questions ( me) then you are filtered again !

Lauren .. but we are not in a closed period or does that not have to be announced ?

Bottle .. that’s what happens when the share price is doing nothing !

WF ... as long as it was after declaring another tier 1 find !

;-)) ;)) too young .. I dint think so ! But as I said not totally with it first thing in the morning till I have had breakfast, yes when I read back it was funny... excuse my morning grumpiness !

First thing in the morning everything goes over my head !

Oh wow we have a spelling policeman in our midst .. first thing in the morning and I make a spelling mistake .. oh send me to the gallows

You obviously miss a lot, do something back reading and you will see where it came from . Smart ass !

Flashy I would settle for a tier 1 cooper find in one of the other sites mate ! ;-))

I may be wrong about the 10m Oz figure, but I am sure Paddy will put me right, but I found this. ..

A Tier One Gold Asset is a mine with a stated life in excess of 10 years, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve.

As Havieron is a tier 1 find then it has to be 10m Oz minimum, I am sticking to my MRE prediction of 12.5m Oz !

Flashy guys. Did you not listen to what GH said in that presentation a couple of days ago ? He said he hopes to find more tier 1 finds in the other areas, that tells us Havieron is a tier 1 find, he basically confirmed it .. and if he thinks there are others out there who am I to argue ! Just listen to it again if you don’t believe me !