Member Info for markjphennesseyg

For me the most clarity would come from a MRE issued jointly by both JV partners. We have known for some time that it was highly likely Newmont would be replacing Newcrest as our Havieron JV partner. I feel the best message to the market would be if we were aligned, issuing one independently of Newmont would probably just open up a new can of worms and speculation. After a long wait the stage is now GGP’s and Newmont’s to be able to send a message of cooperation. Cooperation in moving forward in a way beneficial to both sides.

Cheer up Culpepper.

Newcrest is dead,long live Havieron.

Hi gwm

Simple is indeed my middle name, I just use the initials jp to confuse people.

Unfortunately the crystal ball situation is not so simple I am afraid. Yesterday I was walking Maximus (named after Havieron) the border collie on the seafront, the tide was in right up to the bottom of the sea wall so I was on the promenade. His favourite ball unfortunately rolled through one of the drainage holes in the sea wall parapet and down a 45 degree slope covered in sea slime and ended in the sea. My attempt to rescue Max’s ball resulted with me ending up also in the sea after cracking my head and shoulder on the concrete slope, trip to A&E and X rays found no permanent damage to shoulder. Being a simple battered and bruised man no X rays were thought necessary to head.

I did actually manage to retrieve Max’s ball but as the crystal ball did not foretell any of the above I threw it in the sea.

Wishing you better luck.

When you see the works taking shape above ground it helps to bring home the fact that a mine is being built, even though hiding in plain sight the majority of the above ground processing and infrastructure side is already there at Telfer. The good news is we haven’t had to fork out for this, the flip side is there’s been no milestone event news stories when these major plant items get completed and commissioned because they’re already there. When the reality hits that there’s a massive new mine about to come on line in record time it’s going to hit hard.

If Newmont were to negotiate a sale of Havieron/Telfer now they wouldn’t be able to command as good a price as once Havieron is producing. If Greatland wanted to buy Havieron/Telfer now, whilst it may be cheaper, I would have thought they wouldn’t be able to fund the acquisition now as easily as if it were producing. It may be pragmatic for them both to have it in production first. Maybe that would be more beneficial and acceptable to Greatland shareholders as well. Just another thought for a Tuesday morning.So many possibilities. Good luck everyone.

Very true ace. If Havieron isn’t good enough the rest might as well pack up and go home.

I like the fact that he says he wasn’t a fan, but now thinks he was wrong.

It takes a lot more to get new investors than keep existing ones.

Good stuff.

Looking forward to a new chapter now. The imminent completion of the Newmont/Newcrest merger will no doubt be widely covered and may hopefully help create positive interest for us. Whatever the increase is in the new MRE I’m sure it will be of a quantity that most explorers will be highly envious of.

“Leading the strategic direction in alignment to the Telfer Life of Province Plan”

So what’s the plan?

Starts with Havieron then Greatland find a load more Havieron’s?

I’ve worked on a lot of shutdowns. Not on an ore processing plant, but chemical plants, oil refineries etc and they all look pretty much the same.

Anyway I’m telling you now,there’s only 2 people who definitely know what the future holds for Havieron and Telfer.

One’s the cleaning supervisor and the other one is the security gaurd at the front gate. They ALWAYS know EVERYTHING!

We don’t have to pay the loan until we get a Feasibility Study, a DTM and gold being refined. Smart move.

The Newcrest Loan, I think we have a bit of leverage.

“Scheduled quarterly repayments of the loan(s) will occur once production commences at Havieron with repayments comprising 80% of quarterly "Net Proceeds" (revenue from sale of Greatland's share of JV product less statutory royalties, royalties payable under the JV ILUA, all charges paid by Greatland under the Tolling Agreement with Newcrest, and Greatland's share of Joint Venture operating expenditure for that quarter).”

I wonder how it’s going with the rig/s for Ernest Giles.

Why is it I can remember the catchphrase from the old yellow pages advert but I walk 20 yards to the garage to get somethings from it and then spend 5 minutes dazed and confused wondering why I am in the garage.

I think Newmont will decide very quickly. Just my opinion.

Good luck everyone.

He can’t even post on the right thread.

Good find 5x5

The spotlight has been more on Newmont divesting Newcrest assets to achieve optimisation. I do note that Wafi Golpu was not on the slide from the other day.But there’s also the possibilities that their existing projects may make up some of the divestments as well.

Hi Frigger, if you don’t mind me asking what exactly did Shaun Day say. Are you sure he wasn’t talking about the next MRE?

Funnily enough on Tuesday I was at the village named after Beetham’s ancestor.

Went to the fairy steps. Not the only one away with the fairies.

I think the last rumour we had like this was Stephen Beetham’s 10p a share offer rumour. Few years ago that.