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Thanks Element and i suppose my presumption based on grades drilled last 12 months and historic drilling grades announced for WDU we are going to see a surprise to the upside in mine life for Telfer and that will drive why i asked that question around a third train being specifically created for Haverion.

Again all just assumptions but based on small tid bits of information from announcements and comments from Bamps that would lead me to think that Telfer has POTENTIALLY another 10 years+ in it. If that is the case then be interesting what the Greatland mgmt team decide to do. I would also suggest that in the next 6 months we will know the answer on Telfers life and that will ultimately drive the FS and hence why drilling is going at pace at Telfer in multiple locations.

Thanks Element and understand the principal of what you are saying and completely get the additional time for set up of a new train BUT your processing capacity and ability to move to a 800k oz + operation would become feasable whereas under the current setup we are capped at circa 500-550k oz depending on grades obviously. Still an amazing operation but limited by processing capacity and i would think also power maybe an issue due to remoteness of location.

Anyways just my thoughts and interested in others take on it.

Thanks will do

To the more learned on here. Up until now there has always been discussion about Haverion using the Telfer processing plant for its ore processing. Has there ever been discussion of creating a separate processing plant purely for Haverion. Yes the costs upfront significantly more BUT higher processing capacity and gold output higher and then no risk on Telfer ore processing as separate operations?

MDU which apparently has the same geology as WDU which has not been mined has done over 3m ozs since 2006 so if WDU is a replica of MDU then we have just in one section of the Telfer another 10 years added mine life without all the other areas that have potential upgrades attached.. Very optimistic on WDU based on the drill samples that were released in February.

Bancal - watching the trading action daily in my opinion the price is being held. Make your own judgement

Agreed and none of there investments are making any profits either so therefore bank of TEK capital underpins all these investments. The IPO for guident could be a significant upside to NAV but not necessarily to SP.

Hi TT - there were over an oz a tonne in some of the samples from the west dome underground that is why i have been asking the questions to Bamps and co about the development of that area of the Telfer mine as it is potentially a huge ore bearing body that could extend the life for several years ! and then you have the copper :-)

Kent man - the price is being artificially held by MMs at the moment and i think we need another 2-3 weeks of trading to correct the shenanigans that are happening and hopefully a couple of releases around quarterly but more importantly resource upgrades and Telfer mine extension past 2030 will change the held SP in the 3.20-3.30 range. So as long as the gold price can stay above 3250 which is looking good at the moment we are on a producing winner bringing in loads of cash for drilling of resource upgrades and setup of the new Haverion mine in next 2 years alongside if we want buying any other small explorer in the region that does find a larger ore body that is worth buying for future production needs.

For me the there are two key drivers for SP appreciation for the next 3 months and that is Telfer extension of mining for 5 years + at similar or greater ozs per year and a possible reduction in AISC due to higher grades from newly explored areas of the Telfer mine and the other as many have rightly stated is the admission to the ASX 100 which many super funds in Australia are tied too.

EG is a nice to have but noise in the grand scheme of the short term (1 year horizon) but IF they have hit on a large resource it is still years away from production and at a large cost of development but will give a short term appreciation if they get an indicated resource off the back of it.

The FS for Haverion and further upgrades to resource size will be another area of upgrade to underpin the SP in my opinion.

So for anyone nervous about holding there is good news around the corner we all hope and the Quarterly will just underpin what the market and the analyst reports already know so lets hope no blip there. The unknown for me is when will they release the new Telfer drilling results and upgrades and that for me is the catalyst for a SP upturn in this second half of this calendar year.

Thank you bamps - was not sure operationally whether it was possible in a short timeframe but obviously where the longer extension to Telfer mine will come from if the geology as they say at west dome is same as the main dome.

To Bamps or anyone that has a clue.

Is it operationally feasible in FY 2026 to start mining the highly likely higher grades from west dome underground and potentially increase production above 320k oz as currently forecast?

100% agree - there is someone mopping up stock at certain levels definitely and volumes over the past 3 trading days have been significantly higher than the normal 600k a day!

Daffy - what have the previous days been?

Culpepper - source of rumour?

Have a guess - what is closing price going to be today - pushed to £3.60 at close and end of a quarter?

Do agree about tasking some profit as i did on friday.

However the remark on that sunday podcast definitely indicated that the person on podcast had spoken with mgmt and there was several annoucements over the next 2-3 months. Now whether he was full of it one never knows but it was definitely stated.

Imagine if the chinese bid for it!!!

Great write up on this company that i had never heard off until Investor Chronicle brought up and several analysts have a £2.50+ price range on it within 12 months and pays a dividend. Anyone on here follow?

Thanks for posting this. Sounds like the guy has a direct link with the mgmt team of tungsten based on his remarks