Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"All being too negative with the resource size ie 8m oz, I and Bamps have calculated about 1.2 billion tons of to come out with 1.0 g/ton equivalent s"- Droverman not saying it will stay at these levels but given we went from 4.5m ozs to 6.5m ozs with almost double the rigs why would the upgrade suddenly go beyond the conservative reporting standards ?
Kevin yes I understand. Very disappointed with Friday. However if Shaun & team can generate more consistent institutional buying then hopefully the shorters/traders whatever they are will get fed up and go and pick on someone else. I believed NCM engaged JPM with a specific objective to facilitate a low SP and therefore low takeover value but now NEM are highly likely to complete the NCM takeover what would be the point unless NEM were after the same thing! Otherwise its groups of skilled traders that don't know anything we don't and have taken the opportunity of low volume periods through the Lassonde curve and hopefully they retreat as we approach MRE3, DFS & DTM ?
Best
MFU
Hi TT et all
I am not sure why but my instincts are we will upgrade to between 8.2 and 8.8m ozs equivalent. Had we kept the full complement of drill rigs ie around 9 and not been subjected to such long assay delays at times I would agree with your 10/11m estimate (hope you are right though !!)
GLA
MFU
Really interesting post junglebabbler thankyou
And thanks to Goldworm for his/her earlier analysis
Fingers crossed for all shareholders as our plans develop
MFU
Bamps I wonder which of those 3 scenarios might ultimately give shareholders the best outcome ?
Best R
MFU
I would say two or three fantastic results the rest were solid rather than "sensational"
Keeps everything ticking over nicely and great to see a "2" at the front of decline advancement
Best
MFU
Hi StarBright. I have respected your thoughts on GGP and also appreciate you have a corporate strategic background.
Would you mind giving one or two examples to allow both sides of the risk to be considered where the NCM/NEM interactions may NOT be favourable to GGP Shareholders?
Best
MFU
When will the bandits foxtrot off and leave us alone!
GLA
MFU
If you were independent enough to buy at 13/15/16 etc why do you need people's thoughts now ?
GLA
MFU
"I maybe a bit slow on this one but where does Newcrest & Harmony Gold fit in with Greatland Gold"
@mymy my guess is that it shows our joint venture partners are still moving forward with operations in spite of the Newmont bid situation. Therefore it gives encouragement that they will be looking to keep progressing all of their promising projects including Hav
GLA
MFU
In context 3m tons pa initially compared to 32m at Cadia. But 400k ozs pa gold as SD suggested is possible subject to DFS would launch Hav to the top 10 in Aussie and then what about the growth in bulk caving or additional stopes ? A bit of imagination and progression and we can get to 10mt pa in the short term as SD has already stated. That most certainly is anything but sobering!
GLA
MFU
Great stuff Bamps. Presumably there's enough in the kitty from the SLOS to make a nice profit and it doesn't all get swallowed up on capex for the eventual bulk operations?
PS I found myself respectfully disagreeing with your view on the MRE3 yesterday in terms of being out of date straight away. If that were the case why would any MREs ever be done when there is ongoing drilling? I feel from Shaun's careful responses this week he would dearly love to update us with an MRE heading towards 10m for the profile that would add to the project but it seems he will align with NCM which IMO will be to ensure a stronger relationship moving forward than has been the case thanks to Sandeeps bully boy tactics
Best regards MFU
Shorters taking advantage of this period awaiting MRE upgrade and FS delay. The consistent large sells today are IMO not pi's in the main.
Looking like we will need a third year of patience before we see SP upward progress:(
GLA MFU
100% agree with you speedy & t4g
If the volume was much higher then of course it is insignificant but at current levels it is highly influential
I also think SD has to say what he does about shorting so as not to come across as either concerned or distracted but I would guess privately he is as narked as most of us because I am sure he does not want to keep being asked about it and the slide from 25p under his tenure which clearly does not reflect the good work he has done.
Best R
MFU
Having given myself a few days off from this board over Christmas Tig please accept my belated condolences having just seen the extremely sad news of Susy's passing. I hope the love and support of your family and friends can add great comfort at such a difficult time. Descanso en Paz Susy. xx MFU
It's an interesting interim appointment. It's hard to second guess what freedom or restrictions she may be under as an "interim. If she has aspirations for CEO roles in future then she won't want any mistakes on her watch so may play it cautious. However highly driven individuals usually like to have some achievement to talk about and let's hope that can be something positive on Havieron in the coming weeks.
GLA MFU
04-Nov-22 15:49:25 7.575 243,271 Sell* 7.50 7.80 18.43k O
04-Nov-22 15:49:03 7.60 350,000 Sell* 7.50 7.80 26.60k O
On a day where everything is up miners/ftse/gold/copper etc who would want to be selling GGP which is static ?? No prizes for guessing :((
GL MFU
spot on trading4 good...we were just about to end the day at 7.5 and and along comes a 440k sell just before 4.30 pm ...ensuring the daily decline in price continues
Shorting still fully active and based on SD comment at the very end of the interview re Newcrest and the unforgiving stock market making us vulnerable still to takeover I know who my money is on keeping the short open as a client of JPM :((
GLA MFU
consistent and deliberate selling today every 20/30 mins in 100-375 batches. Someone is desperate for their weekly bonus to get the bid in to the 7s.
Well there are lots of hungry hippos waiting for when it does :)))
GLA MFU
Hi L-A
Great point. Also last year in the PFS Newcrest used $1500 as a gold price and GGP used $1750 for comparison. I hope NCM use the same and perhaps we can show the current price eg $1650 as a fair comparison?
GLA MFU
Thanks for the heads up James !
Managed a couple of top ups at under 8.20p after your post amigo :))
GLA MFU