Every time gold gets this high within days or a couple of weeks it's back down again. $2500 is mightily ambitious never mind 5k .Sorry Speedy it just ain't gonna happen. Plus who on earth wants such global instability and wars for gold to rise that high anyway??
🙋🏽♂️☹
The Sunday Roast guys commented if we could secure the seal for Hav & Telfer it would be a springboard for GGP to become a "mini major"
Very positive words indeed
GLA MFU 🙋🏽♂️😉
Ha ha beat me to it SG ! 😂😂🙋🏽♂️
And another important benefit if GGP were to somehow be in the running is we could potentially save ourselves the future 10% tolling fees !
MFU
Hiya Nap hows things?
Great 5 minutes listen thankyou. The host clearly disagrees with the naysayers and states Havieron is an awesome deposit and paid a lot of compliments.
I am not so sure yet about the Sandeep link because it is purely speculation as to whom this venture will target. To think SB had this in mind when he was shunted out of Newcrest I am not so sure. However that doesn't mean he doesn't love Hav ( he always waxed lyrical before the 5% debacle) so it adds to the intrigue.
We also have to be careful what we wish for. The more competition the higher the purchase price for us if we have designs on buying back the farm.
Looking forward to seeing who makes the next move
MFU 🙋🏽♂️🤞
Tig agree with what you say except first ore Q4 2024...more likely mid 2025 IMO based on current aquifer pause and uncertainty over the sale.
Best
MFU 🙋🏽♂️😉
And the traders and shorters will sell it back to 7p
It really is so tedious 🤦🏻♂️
Well that lasted all of 5 minutes lol
Even today a half day before Christmas they are throwing constantly 200/300/500k shombs particularly after any reasonable sized purchase. They have a method and sadly it works. The only time they are powerless is like in November where we had a persistent institutional buyer. But on normal trading volumes we are stuffed (no xmas pub intended)
I personally am holding for the hope that in the new year the updated MRE might entice more institutional investors. Also the unlikely possibility of a bid might increase us to fairer value. Failing that the Lassonde curve but that might take until late 2024 IMO
GLA
MFU
Mrahman it is 100% because we are being heavily shorted. It stinks legalised corruption but it is allowed.
We just have to wait until they take their parasitical actions elsewhere. Scum of the earth
Can I make my feelings clearer !?? 🙋🏽♂️🙏
GLA
MFU
21-Dec-2311:50:538.91 356,741Sell*31.79kO
21-Dec-2311:50:458.91 495,168Sell*44.12kO
21-Dec-2311:46:258.9204 607,666Sell*54.21kO
21-Dec-2311:42:358.9405 564,847Sell
They want this lower kin parasites 🤬
Completely agree Aqua. Anyone IMO that believes they haven't been responsible for us dropping from over 11p to back under 9p now is in denial.
The only consolation is if it is indeed shorters that they do have to buy back. I just hope it's not back at where we were earlier this year!
GLA
MFU
Ps Happy with 8.4m although "eight and a half" would have had a nicer ring to it!!
Shorters having some lunchtime games. Quickfire dumps totalling over 3m since 12.30pm
And down we go ...no impact lol 🤦🏻♂️😆
Descanso en Paz Archways.
🙏💙
PS and as Bamps has articulated it is also of great importance to convert as much as possible from "inferred" to "reserves"
😉🙋🏽♂️
Hi Barna
SD has stated the 80,000 metres represents a drilling increase of circa 35%. However because so much is at depth that we shouldn't correlate this exactly to the resource increase.
35% of 6.5m au eq ozs is approx 8.75m ozs
30% would be 8.45m ozs
25% would be 8.15m ozs
So I personally feel somewhere in the above parameters should work. Anything under 8m and there will be a feeling of disappointment whereas if it could stretch to a "9" then real delight I am sure!
GLA
MFU
TT wouldn't good news have come sooner than this on scally ? I'm split on this !
Best
MFU
Great question SG...I am in 2 minds. If it was poor they could have released with the juri assays which weren't dial turning. Or are they poor and we release alongside MRE so minimal impact? Or is there something fab that they are taking time over ?
Fingers crossed for the latter 🤞🙏
MFU
Thanks Bamps for clarifying!
🙋🏽♂️👍
Good meeting. Shaun seemed a bit vague about lower aquifer. Then he said something about getting through it by June or September quarter? Please hope he meant top of ore body and not just lower aquifer by then ? Anyone else pick up on that ?
GLA
MFU