Member Info for Lenz

James, somehow I don’t think that is feasible ! After the MRE 20p will be well in the distance !

They are going to be drilling very close to our tenement borders ;-))

Joe, ah Bisto .. would that be the gravy train ? ;-))

No lies allowed on here joe .. ;-))

Bully, I don’t think the mm’s know any more than we do, they work on buy and sell orders, or information like last weeks big buy which was forecast !

Touché’ Paddy .. you would think that idiots like poppy would realise when they are showing up as fools, but hey they make good playthings for a wee while, then you filter them as they aren’t entertaining anymore ;-))

Could the reasonable size sells, be the GGP employees selling some shares to get the £175,000 they need for the 6m option shares ?

Well that’s it all or nothing just ditched all my bp shares and piled in even more in here ! After watching the video and Paddy getting a mention and not being ridiculed by a fund manager says it all .. still sticking with my 12.5m Oz MRE prediction !

That’s nowhere near the full resource ..that’s only what we think we know and it will be more than that !

Nope only what we know of Havieron which isn’t everything !

The brokers said 17.9p for 5.5m Oz with 0.5 risk ... 15m Oz with the same risk is roughly 50p .. take away the risk and there is your £1.00

I bet you didn’t expect that Paddy .. lots of great work and it looks like it is being confirmed .. what more can a man ask for . Well done that man !

Yep playing games again Spy, it’s getting monotonous!

This is being held AGAIN !

Gothedistance , this is something I have said often, why would NCM not keep GGP sweet in any deal for Havieron considering the prospects we have. Screw us and they can forget any further JV’s with us or any other junior miner, keep us sweet and they could be on to years of gold production from our other sites close to Telfer .. good business brings its own rewards !

I have been reading this morning, that the MRE won’t include areas which have been drilled and reported on, my view is when they finalise the MRE they will include everything they know up to that date ! Why would they exclude anything that has already been drilled ? Doesn’t make sense ! But remember it is a maiden resource estimate and will grow as time goes on ! Where it ends up is anybody’s guess ! But it won’t be small that’s for sure.

Optimistic 12.5m Oz !

Tymers, good morning. I have the view that any future JV’s will be similar in terms as we have now for a couple of reasons, firstly we have to make it worthwhile to the mining company, secondly keeping a good relationship with NCM would be key to this, thirdly 25% of even half as much as Havieron will provide will still be very large nos. If we actually get a few more mines in addition to Havieron, add them up and you are talking about major funds year on year ! Just my opinion !

Tymers.. 25.% of whatever Havieron produces is worth billions . .. and we don’t even know what the final production would be, I am estimating the MRE @ 12.5m Oz ,, this is revised up from initial 7.5m Oz after the current upgrade on the Brechia and more to come ! I have done a lot of research on this company and what Paddy provides, I have no doubts this is one of the biggest finds ever in Australia .., and I am still sitting on my hands. How it pans out is not an issue. as whatever way it goes we will all make money .. my preferred outcome is GGP keep their 25% and go exploring with the fair valuation of the 5% from Newcrest ... then let’s see where we end up!

Risk factor hmmm .. with the way the World is going just now re covid .. who knows but as far as GGP is concerned . I don’t see any risk, ... jv with a major gold miner .. massive gold find as yet unmeasurable, unless a Meteor hit the earth. We are pretty solid, no matter what way it pans out, total takeover ( give me the money ) buy Haverion. ( give me the money) Keep the 25% ( give me even more money every year )