Member Info for mercedesman

So it’ll have all blown over by the time we get MRE in June then. Good.

This topic is boring now

“ Agreed.
It does seem that the 4p days are dragging their heels. ”

Were you around for the 1.6p days!

Fortunately I think we’re all going to be moaning about how the 12p days are dragging on very soon.

I did a calculation based on GGP selling Havieron for £700m, using that to drill Scallywag and PRE, if they found 1x Havieron style deposit at each site, and owned 100%

£1.40 a share

If gold went to £3000 an oz in the next 2 years, you’re not far off that £3.

Unlikely, but every now and then all the planets align.

But we’ll get snapped up well before then.

Also a question, i asked this a month ago but didnt really get a response.

If the gold in the ground is conservatively worth $100 an oz after extraction costs (gold price being $1650 currently) making extraction $1550 (likely to be much less i know)

$100 x 8,300,000oz = $830m (our 30% = $250m)

Does that then mean that if POG goes up $100 to $1750 an oz, giving us $200 an oz profit after extraction, the value of havieron doubles?!

So for every $100 an oz POG goes up, GGP is worth a quarter of a billion more?

Im trying to see the error in that math, but i cant???

Im Hampshire too, 20p pints!?

The fact that we will be at 5-6p next week, with little/no warrants to hold us back, and news about to blow, is making me drool just a tad.

Next update could be explosive

100% of my pf since 1.6p apart from a quick day trade on some other stocks inbetween.

Im all in!

Can we asume that the remainder of the rigs are re-drilling existing holes to either infill, or perhaps starting to measure DEPTH!

Very interesting.

Not long to find out now

5.1 close, 5.3 tomorrow

Solid days trading, setting up a move to recent highs of 5.6p

Newcrest news still due to drop either 20th or 23rd, so 2 weeks more of rising in anticipation

Derampers getting laughed and cheered off the board - spirits are high!

Charts bullish

Media bullish

Scally RNS at any moment

Possible permits RNS at any moment

Gold going to new highs

General market rallying

Explain to me again why we should be cautious?

My life savings are in here, I will retire in My 30’s

DYOR though, blah blah blah

Havieron will either...

A) get sold before the end of the year for £600m-£1bn

Or

B) commence mining within 18 months, look at how fast the “6 year farm in” has taken. Errr a year and a half come sept!

This is never going to 2-3 years

So within 12 months from now you’ll either have an sp of 20p+ , or dividends. Take ur pick, im not fussed lol.

Scally is not under Newcrests control, they have 1st right of refusal, so if Rio come in with an offer NC have the opportunity to match/better it. They have no claim to it unless GGP decide to deal with them

This puts us in a very powerful position if Scally comes up trumps, we could negotiate a far better JV or Farm in, say 30% for £60m worth of drilling.

Or we keep it all to ourselves! We will have the money after all, when Havieron is sold year end.

SP closed at 4.5p +6.5%

Strong if you consider any warrant sellers.

Next update will open the eyes of many to the sheer scale of Havieron. You can kiss goodbye to lowball 5.5m oz chatter, trust me.

See y’all when it lands.

The one we know - Havieron interim update, between now and 25th

The one we dont - scally drilling plans, anytime

Damn u iphone buttons!

No need to “ramp” this, although most “ramps@ are actually facts, but the traders dont want you to know that.

Im hardly posting here at all at the moment, no need to, whats coming is inevitable. Enjoying the build up by spending time with family rather than on the bb’s constantly.

Nice to be so confident in your investment that you van just switch off and come back every few weeks.

Bouncing back fast, news within 3 weeks, will se this back over 5 and then 6 in a flash.

Why does NC want to lock up as much land as it can around Havieron? I hear its because the step outs have come up with even more massive grades, way off the original strike.

And on another note regarding time frames....

Newcrest are about to complete a “6 year farm in agreement” in under 2years.

So when they say 2023 production, I would say its more likely to be 2022 at the latest.

An NPV of x10 is normal for gold miners though, and even higher in Australia, so even if we went the distance (mining) in 18-24 months you could easily attribute £1bn to GGP’s mcap..... just for Havieron.

No ramp, fact

Newcrests “Average” AISC is massively skew’d by 1 asset

Im my head i have next news as....

1) drill campaign for Scally announced - this should come in the next 2 weeks?

2) interim update on Havieron drilling - this should be between the 13th-20th March

3) Quarterly update on Havieron - this should land 30th April

4) ....