Member Info for Redtrader

You mean like Boris who now wants a free trade agreement with China. I would never have a free trade agreement with China. City comes first. Russia, any Oligarch is allowed to wash his cash through London.

Not my war, not in my interest in the slightest. Let the fools sort out the mess here.Start with Dover rather than stopping Russians migrating to the Ukraine.

Back to shares after this,

Iraq a mess, Libya a mess, Afghanistan a mess. RAF fighting in Syria yet not a person her knows have we killed anyone this year. Syria is not far off a news blackout. We get involved in wars that are not in our interest, achives us nothing but grief and cost us billions. Let China police the world. The wests days of telling the rest of humanity how to live is coming to an end. We have no right to lecture any one about invading countries. Russia has a far better case for invading ukrane that we ever had for Iraq, Libya or Syria.

I think Lock down is a lot worse in Canada. So these figures may be a lot better than it seems.

With rising snacks, drinks and seat prices the debt will fall as a percentage of revenue year on year.

Cannot explain to guys like this.
France, SPain, Portugal, Italy, Greece all living on ECB life support. If the ECB ever pulls the plug what a mess it will be. Eventually it will pull the plug. What fools would create a monetary union with Germany, one, if not, the worlds economic super power. Its productivity levels match Asian tiger economies. How it does I do not know. France and the PIGS have to increase productivity to match German productivity to compete. I do not see that happening.

Thank god we never joined the Euro like our moronic MPs wanted. As for being in the EU. It will want all members of the EU to sort out the eventual fall out when the Euro pops.

If people had the faintest idea how the press worked they would not be so ignorant.

GGP have experts on board and access to experts who are top of their game. The Tasmania prospects seem so easy that it makes you wonder why nothing is happening. A farm in agreement with a local/small miner company would be ideal.

Looking at Satellite images it is a beautiful area. Tasmania has a strong anti mining groups. Near Firetower previous mining works can be seen but there are many farms and Forests nearby. Maybe mining here is a slower process. More regulation with a strong environmental movement locally. I am just surmising, I have no evidence that this is the reason why GGP have not moved forward here. I do wonder why as it seems an ideal location.

insecurity:
Lots of mines are in areas that are becoming less and less secure. South America left wing political views are increasing. Chile, new left wing government. Goes without saying that the new government will use copper as a way of funding its social programs. Many parts of Africa are collapsing into civil, ethnic and religious wars. North Africa to Congo is out of bounds apart form a few countries.

Finding a mine in a safe and secure jurisdiction is going to be very difficult, if not impossible.

Be careful what you wish for. POG we have now will still make us a lot of money. POG 5K means lots of inflation. Inflation will cause lots of social problems. Not that we can do much about it. All the politicians and bankers can do is print money. The social cost of this madness is hard to imagine, even for me. Look at the Arab spring. Throw in lots of countries and political groups all happy to use the chaos for their own agenda.

One of the biggest reasons for a high ASIC is grade. 1g/t You need to dig 32 tons to make an ounce.Grades of 0.5g/t you need 64 tons an ounce. For grades of 4g/t you need 8 tons for an ounce. High grades mean less work, less overheads.

To be a tier 1 mine it must have a ASIC less than $800. That is the cost of everything. Havieron will have a lower ASIC than this.
After everything to do with the mine we could be gettin around £900. Of course the overheads for GGP will be taken off this money. Tops £50 million. That is for a few new exploration teams.

I think Shaun has plans to use that money to grow GGP.

ASIC value $1100.
That after ASIC? Thats the value we get?

How much copper. 2 million tons one post. That billions $20 billion copper. That is based on old data.

Very few shares were shorted.
Look at the volume for GGP and you see why the SP is where it is. Non of the big guys care about us or GGP. They can make more money playing with LLoyds than messing with us. JPM get fined more than the market capitalization of GGP. We are serious Micky mouse stuff to them. Apart from a few exploration funds the main market does not give a dam about us. The day they do is the day the SSP will explode.

Be glad you have opportunities like this.

Shawn is also dyslexic.

Shawn talking about next year reaching the top or the ore body?
With $500 million for the 5% SP should explode.

Thanks Bamps.

I am at that stage where the more I learn the more confused I become.

@Bamps

Looking at the North West pod. Are we seeing any thing from these results that indicates a rock structure in a line from Havieron to Zipa. I cannot wait to see the Zipa results.

I believe that every one at GGP, NCM and Bynecut have the best intentions to get the decline completed ASAP. I believe they will get it done. I believe they will speed up when they reach lower levels and the ground is more compacted. It is obvious that this initial phase is not going as planed. How far behind are they?

This is the reality of investing in miners. They do deal with the real physical world.