The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Castle. I skimmed your post and read that the dmg was now taking seagulls! That would be another world problem mopped up! Also due to the seagulls exponential growth of mass, once plastic has disappeared the gull would keep them running until the end of time.
Worst. Hav has huge potential but Greatland also has a huge mcap with no income. The pre feasibility study has given us a base share price of 16ish - which is great. Step ups in the sp will now come as bigger and bigger mineral resources are stated. So the next pop will be in January. Then more institutions will take notice as the risk reduces. The drop after each drill result has just become a trend - but it doesn't matter if you're prepared to sit on your hands.
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
We have been given enough information by newcrest, sd and the online fact warriors to know that we are sitting on a huge, ever expanding splurge of gold. The future is very very golden.
The problem is that over the last couple of sessions there has been some ridiculous figures thrown around about the short and long term sp. Over this year we have been given numerous hints about how the pfs will play out. We have also been given 3 trading days and Q&A meets for a reason.
Everyone has to have a plan regarding their shares. But my reason to write is because some folk with less understanding will get drawn into the ridiculous numbers that are branded about - and that doesn't leave good juju.
Like others, I love this share. But use your brain, not your heart.
Also, whilst I'm ranting. Even if you entered at 36 - just wait, we've all got shares of - 50. With the thanks of many contributions we know how this is going to finish... Way above your entry price, with dividends, engraved gold medals, pub meets, mortgageless households, funded kids, astons and ingots. Peace out.
This board is disappointing. You have clear guidance from people that know better, but bicker and bite. You have peers that express their honest life issues but still you jeer and torment the views of those that oppose. Get a grip.
We read about the growth of the tier 1 mine, the speed of the development, open at depth and new breadth of exposure on a regular pattern. It doesn't matter what the share price is doing today or tomorrow. This is a huge find! open at depth. The sp dropped in January which was a combination of many things - one thing being the deferred end date of people's ggp journey. Many people had the mre as the end of their journey. But because of fomo they then had to wait for scally. The results were delayed much longer than we all expected. In the meantime we had juri news and further hav results which would also have seen a big sell but again we waited for scally and hoped for hav2.0 Essentially there was a lot of deferred exits. Then, as scally news dropped, people's fantasies were rightly exposed. A 133m at 7 was never going to be found. But, this is exploration. Fortunately, exploration in elephant country! Wait and enjoy the story. Don't micropick the pointless posts and daily sp. Enjoy the story and be there until the end. However you play your cards, try and be respectful and try and appreciate what is happening in this truly amazing story.
Silver - more solid! Ggp is mining a huge pile of gold with no edges. Completely derisked with an easy upside of x3 from current sp over next 18m. Wishbone and ufo are greater risk but much much greater reward at current price. Its not worth comparing these. Its all about risk v reward. Ggp is risk free (apart from planetary invasion, asteroid, etc).
Lochranzalad. Yep, completely agree, I watched it, paced, sweated and swore too. What I'm trying to say is that the sudden drop wasn't just because of the results. It was a combination of many things - one thing being the deferred end date of people's ggp journey. Many people had the mre as the end of their journey. But because of fomo they then had to wait for scally. The results were delayed much longer than we all expected. In the meantime we had juri news and further hav results which would also have seen a big sell but again we waited for scally and hoped for hav2.0 Essentially there was a lot of deferred exits.
Gold price uncertainty defo. Im not sure if GH role change made a difference to people's thoughts. He didn't take the gold with him - other than buying a bit more...
There were also a couple of expected sp drops which never happened - the trend of dump after results which never happened. Likely because the scally euphoria kept peoples money in the share.
Scally isn't the root of the current situation. Scally results just delayed a number of standard selling points through the winter. If scally wasn't there as a carrot then the sp would have plunged after the mre. Many people had made a bundle and were focused on the mre as their selling date. The positivity and looming scally results (which took much much longer than expected) adjusted people's selling point. Then loads of people freaked out because they didn't understand the scally situation and results.
This is the most nailed on share in the market. Sit and wait. The ggp story is brilliant and I'll be here till the end.
Nice one Johny. It would be lovely to trust your research and knowledge - enjoy life - then revisit in 12 months to a pile of wonga. Instead, we doubt ourselves, refresh, wake up at 7am,refresh, check for a late rns, refresh, check other platforms, read lse, refresh, check gold price, check twitter, refresh, read angry forum posts, sleep, repeat.
Chinese chips are nice but I'm more of a traditionalist. Hmm, I wonder how many of those plastic chinese takeaway containers there are in the world. There is a cupboard in my kitchen with enough to propel my car to China and back. Apparently they are useful though....