Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
If Scallywag does disappoint in terms of its drilling grades just think what this is going to do to the share price of the other companies drilling in the area. Their share price has risen on the back of GGP and Hav. It then makes Hav even more unique and valuable to NCM. GGP will be one of the first to issue drill results outside of Hav.
gla
Matt
Please advise - if you buy a share for 1.5p and you sell it for 15p, is that a 10 bagger or do you need to sell it for 16.5p?
Is there an official defn for a ten bagger? The question is do i need to wait longer to celebrate my first 10 bagger?
Thanks to all for your more intelligent debate!
gla Matt
I am really quite surprised that NCM do not have someone in this job already - who has this responsibility now ? You would think they would use a headhunter for these positions rather than advertising for them.
gla, Matt
A few questions just for discussion.
SW has cover of only 50m yet GGP decided to drill HAV before SW - so does this mean SW will not be as prolific as HAV but add to the overall resource NCM may be interested in to feed the beast!
Also what level of grade would be acceptable to keep the Share price momentum going -eg 20m at 3g/t, for first drilling results.
gla
Matt
For people who have not seen it I think some of the best diagrams, maps and photo of the haveiron site, showing Havieron and Splay Faults are on the Artemis sight- link below. There is more on there about GGP than Artemis
https://yourir.info/resources/34386546f44ec827/announcements/arv.asx/6A981043/ARV_Investor_Presentation.pdf
You can see from the position of the Havieron Fault line why the south west of Hav and Scallywag could be very fruitful. Also why at the north on the Splay fault is interesting them.
gla Matt
In the last RNS following NCM results this was stated:
" A 30 line kilometre seismic survey has been commissioned to de-risk development activities and provide a better understanding of the regional geological and mine scale structural setting."
What is this?
Also when are going to stop hearing that the resource is open to depth and tell us what is at depth and it has stopped! Will they tell us July?
gla
Matt
Am I right in thinking that the last Winu update was August 2019.
https://www.riotinto.com/news/releases/Project-update-Winu
Does anybody know what Rio have been up to in terms of drilling, not blowing up sites of special interest!
Have they stopped because of Covid. The last lot of results were not impressive and I am not sure good enough to justify a processing plant.
Patterson gets a certain amount of credibility by Rio being there drilling, besides Newcrest and to a lesser extent Greatland.
I wonder how the region is viewed if Rio depart? This may affect all share prices in the area.
Looking at the Winu numbers it makes Blackhills look good!
Any views welcome to while the day away!!
gla
Matt
Interesting section in RNS
'Once granted Greatland expects to complete acquisition of detailed aeromagnetics, ground gravity and surface geochemistry to enhance preliminary targets already outlined within the Rudall licence.'
It reads as if someone has already done this work and they will acquire it at a cost.
Is this the licence we have discussed before and we thought it had gone to another company?
gla Matt
Does anybody who uses Barclays smart investor find that when they are selling shares on Quote and Deal they are limited to a £39,999 sale. 1p over £40,000 it rejects it and 1p under it gives a quote. I have just had a discussion with Barclays who say there is no limit financially only by the number of shares depending on supply and demand! They would not believe me! Are any of you experiencing the same?
gla Matt
Have a listen to the last interview with GH. At 2mins 15secs, Andrew starts to quiz him on the extension drilling. GH says it is the 'Growth Programme' but very quickly brings the conversation back to the in fill drilling results. I know he wanted to explain how good the in fill numbers are but probably was not allowed to give details as to what the 'Growth Programme' is showing!! 'Hopefully have more good news for investors, you know, shortly'
Comments?
Simply amazing info by the clever folk - thank you so much for keeping this forum so alive!!
gla, Matt