Member Info for markjphennesseyg

Thanks for the articles guys, maybe Sandeep might offer to forgo some of his bonus’s. Think of the PR Newcrest CEO adds another rare commodity, humility.

Ha ha, hoped you might like that one!
Don’t know where all the ? Came from.

Oh, Greatland, this Deserts a wonderful sight
With Newcrest all working by day and by night
Sure, they don't find coal, nor limestone, nor peat
But there's gangs of them digging for gold under their feet
There’s loads of it down there that's what I was told
Now everyone else is digging for gold
But without funding like Greatland they might as well be
Where the Mountains o' Mourne sweep down to the sea

There’s more to be found here-Oh, never you mind?
With beautiful ore bodies nature designed?
And lovely dimensions it must be a dream?
But some others remarked with regard to the same?
Maybe there’s another venture to tip?
The impatient might consider jumping ship?
But I'll wait for the payday that's waiting for me?
When the Mountains of dore sweep down to the sea (Perth Mint)

Fortescue have very good transport links to Port Headland.

Ben they could have a high rate for frequent users.
That would weed out a few tax dodgers.

Looks like a Rational Assessment to me.
GLA

Feasibility Study…. don’t spoil the ship for a ha'pworth of tar. Better to spend slightly longer on it and ensure it is absolutely watertight. Good thing is It’s not as if the FS is preventing ongoing development works.

And the Bruce Bonus the decline progress.

Genuine question, is there any feasible alternative timely source of feed for Telfer and even if there is would it be of an amount to discount using Havieron ore as well? I think this has already been adressed before but as it’s come up again.

Anyway this is what Shaun Day said about 1 year ago
“What's almost unique here is the confluence of not only finding this world-class ore body next to existing infrastructure but also finding it just as that existing infrastructure is becoming available at the end of the Telfer mine life.
“You find it in five years’ time, Telfer's decommissioned and you've lost the 1,200 people who have all the Paterson experience. You find it five years earlier and presumably [Newcrest] want to sequence Havieron behind Telfer. We really did get the Goldilocks timing here, not too early, not too late, just right to develop Havieron.”

Well it’s going to be one hell of a party anyway, GGP brought enough drinks to last a lifetime, NCM have a fancy bottle opener and everyone who needs to be there is there. Don’t be late.

Hi Zoros,
Maybe they’ll have a few ideas/contacts that will be of benefit then as well.Transportation, green energy who knows.
ATB

Hi Zoros,
I wonder if NCM would put the question “what do GGP bring to the party to our new Board of Directors?”
It’s no longer the case that we have brought a slingshot to a gunfight.

And Shaun said to Sandeep we will mine “With or Without you”.

Hi Panama, I don’t even try to chance finding the “next” GGP anymore. As the man says “You only have to do a very few things right in your life so long as you don't do too many things wrong.”

You can hang your Panama on GGP.

We’ve had Fully Funded Friday, now we want Funded, Feasible and Flying

Ding ding, round eight

We are off the ropes

#fullyfundedfriday

Hi Grouchfungus, I am with ii and to be fair to them in my case anyway I received my voting emails on 22 September, not sure why some didn’t receive theirs at the same time. It is a thing with ii that they do usually actively encourage private investor participation in voting so seems strange.

Hi Seav, I would assume that you have read GGP’s RNS’s.
You state with regards to the 5% that “its agreed with NC as a reasonable value amount.” I don’t know where you have got this from?
Below is an extract from an RNS 21/7/2022 which explains what others have already alluded to on this and many occasions, that the 5% option price is in GGP’s opinion not an indicator of FMV or suitable to attempt to value GGP’s stake in Havieron.
“Determination of the option price of US$60m as at December 2021 was in accordance with the highly prescriptive process and principles agreed in the March 2019 Havieron Farm-In Agreement and November 2020 Havieron JVA and, as such, does not in Greatland's view represent a true market value for Havieron. This included a prescribed process where an adjudicator had a binary choice between the option prices proposed by each of the two parties, and therefore was not permitted to independently determine a different option price. The JVA included a number of valuation principles, including in respect of commodity prices, which Greatland considers materially impacted its ability to advocate for a higher option price
Furthermore, given the option price was determined as at 15 December 2021, only geological data available up to that date could be considered. The option price does not take into account the subsequent growth drilling and development progress at Havieron since that date”
Cheers Mark

“All it takes is a thread like this to restore the equilibrium.
Good work”
Think I posted that too soon Lol!

All it takes is a thread like this to restore the equilibrium.
Good work

Thanks to everyone for the feedback.
I haven’t met Shaun Day but I get the impression he is definitely of the school of thought that it is better to worry about growing the company and let the Share price take care of itself after that,than to worry too much about the Share price and let growing the company look after itself.
It takes a lot of confidence and experience to do that,oh and having a good share of a massive “potential” gold/copper mine helps as well.
I think at the moment it’s similar to after the first sets of Havieron drilling results when we were just waiting for a market reaction, now we are just waiting for a tipping point when the reality of us being equipped with all that is necessary to build a serious solid mining company kicks in.