Member Info for markjphennesseyg

Cheers Dip

At least a little bit of my memory still works.

I’m sure Shaun Day has stated in the past there is a clause in the JV agreement that the decision to mine has to be taken before a certain date. It’s not something that concerns me at all but each to their own.

Freddie I don’t know what path we’ll end up going down I’m just happy that the obstacle blocking the route to finding out is about to get removed.

The options are in the JV agreement.

Whilst getting the vote out of the way on the 13th of October might not lead to instantaneous release of MRE, FS,DTM etc.etc. and then it’s a few weeks after that the deal will be finalised.It will at least clear the decks. Gives us a definitive date to a new chapter, something we’ve not had for a long time. A lot of “reasons” for this or that being delayed will be removed. Ok there’ll still be some transition time but the big obstacle is removed.

Looking forward to a fresh start.

Figes are you perhaps getting mixed up with a maintenance shutdown Which are short term pre planned events used to carry out maintenance and improvements which cannot be done during operation.If so these are normal across all plants and nothing to be concerned about.

I think they were automatically extended again due to being in a period where they could not exercised. Best just wait see if RNS confirms. Anyway in the grand scheme of things no big.

I think the assumption ( with which I agree ) is that Alex Borelli has today sold shares to fund the exercise of his options which had their expiry date extended in the RNS dated 8/2/2022. Which in the same way as the recent Clive Latcham exercise will result in him owning more shares than before.

An RNS in the next few days will confirm if correct.

If we were to purchase the 70% of Havieron and Telfer or some other combination the obvious question is how would we pay for it. Being an M & A man Shaun Day will know all the options.

Myself, I haven’t got a clue so did a bit of looking for an example of a deferred payment acquisition to see if it could be one of the options.

https://www.endeavourmining.com/media/news/endeavour-announces-sale-its-non-core-boungou-and-wahgnion-mines

GLA

Agree Panama.

In a very short period of time it’s highly likely that Newmont are going to be our new JV partner.

Regardless of who is on GGP’s board of directors is it not reasonable that at least some kind of dialogue has already taken place regarding the future of Havieron? Considering the implications it would be remiss of all parties to not have started planning a way forward. It would be tantamount to complete negligence to not be forward thinking this.

Then you throw the experience and contact list of our B.O.D. into the mix and I simply cannot believe everyone is waiting until the ink is dry on the takeover before talking starts.

I’m hoping and expecting the dust to settle very quickly in the Paterson.

Probably a lot more than I’ve done. I just read RNS’s and watch interviews.

I don’t think our largest shareholder are uneasy.

Luca Giacovazzi, CEO of Wyloo Metals, commented: "We are proud to continue our support of Greatland through this loan facility. Havieron is an outstanding orebody that we are keen to see developed to its full potential, and we see tremendous exploration potential in the Paterson range as an emerging mineral belt."

Or the syndicate of banks.

The Letter of Support remains in place for a A$220 million seven-year Havieron project finance and associated hedging facilities with its syndicate of leading banks, Australia and New Zealand Banking Group Limited (ANZ), HSBC Bank and ING Bank (Australia), as announced in its RNS Announcement titled "Havieron Debt Funding Update" dated 30 May 2023.

Just briefly read about the Bhukia court case. Brought back memories (bad ones) from an old investment.

Good luck with that mickey1122 from an ex Oxus Gold shareholder with recollections of murder, expropriation, false imprisonment and that’s just the stuff we knew about, puts the thousands of pounds I lost into perspective. Makes the corporate chess game here look like child’s play.

You can’t beat a good mining jurisdiction.

The other good thing is we’ve now got the wherewithal to do it justice.

Makes good reading TT

I think this has been on GGP’s radar a long time.

I’ve always said Greatland’s assets were an embarrassment of riches.

Good problem to have, which do you concentrate on first.

Shorteverything, I think you need to just calm down, as some might say “keep your shorts on”.

Err no…..maybe not.

Take your shorts off then.

Err, No, no,no…..that’s just sounds inappropriate.

I give up!

I didn’t mean that the presentation itself isn’t interesting. Just that there’s only so many times you can see the same thing.

Only just got round to watching this. 20 minutes to do the presentation is better, not having to rush through and time for questions. 👍👍👍 Yes with questions and the answers bit more interesting than last presentation.

I’ve put forward a question regarding construction of a haul shaft and continuing using the decline whilst it is under construction. May not get asked.

ATB

I wonder if the complexities for want of a better word around the arranging of this Land Access Agreement had any bearing on Newmont’s decision regarding Ernest Giles.