Member Info for sandgrounded

Drilling activities in the quarter have produced a further 9,764m of drilling from 8 holes with up to 3 drill rigs operating during the quarter. This includes 7 infill drillholes within the current Crescent Inferred Resource which are not included in this report. New assay results are reported from 8 drill holes (all were assays pending from the previous quarter).

Growth drilling targeted resource additions outside of the existing Indicated and Inferred Mineral Resource limits and included:
• Extensions of the Eastern Breccia incorporating definition of identified internal higher-grade zones – assay results reported for 2 drill holes.
• Extensions to the Northern Breccia at depth between the current Northern Breccia Resource and Eastern Breccia Resource – assay results reported for 4 drill holes
• Drilling to assess geophysical targets outside of the main Havieron system – 2 drill hole results from step- out drilling to the northwest and southeast of the Havieron system.
The Eastern Breccia is developed below the 4,100RL with a footprint of over 500m in strike, up to 200m in width, and over 250m in vertical extent. Within this zone, multiple northwest trending internal higher-grade (>1 g/t Au) sulphide dominated domains are observed. HAD098W9 intersected 31.1m @ 4.9g/t Au & 0.13% Cu from 1,635m, including 10m @ 13g/t Au & 0.14 % Cu from 1,655m ~ 50m to the north west of the current Eastern Breccia Resource. HAD164W3 intersected 57m @ 2.1 g/t Au and 0.19% Cu from 1262 m, including 10m @ 8.5g/t Au & 0.29% Cu from 1307m ~200m vertically above the existing Eastern Breccia Mineral Resource.
Drilling in the Northern Breccia zone further highlights potential for incremental extensions to the Current Mineral Resource. Results include: HAD098W8, 22m @ 8.1g/t Au & 0.14% Cu from 1,287m, HAD098W9, 29.9m @ 3.9g/t Au & 0.01% Cu from 945.1m.
Drilling to test geophysical targets outside of the known Havieron mineralised system, including evaluating the Havieron system to along strike to the northwest and southeast, revealed no significant intercepts from two drill holes (HAD169 and HAD170).
The current campaign of growth programs for Havieron is now complete and will support ongoing resource assessment. Drilling is currently focussed on infill drilling on the lower SE Crescent zone with three rigs continuing into the June 2023 quarter.
Refer to Appendix 4 for additional information and drill hole data table for all results reported during the period

7 infill holes - results not reported.

Any thoughts?

Try
https://www.asx.com.au/asxpdf/20230427/pdf/45p1cjfpcdsq9m.pdf

Try
https://www.youtube.com/watch?v=C-9SjG6esQM

Speedy, my post from the 20/4/23

sandgrounded
Posted in: GGP
Posts: 3,493
Price: 8.15
No Opinion
RE: 24.1M BUY!!!20 Apr 2023 15:41
1% of our 5 billion shares is 50 million. 0.5% is 25 million.

Maybe and it’s a big maybe that is the shorter closing?

Now didn’t JPM have just under a half percent short outstanding before that trade?

The timing of the ASX listing should arrive in time for the first tranche of the five diggers shares being allowed to be released to the market.
Part RNS….
“ In return for removing the conditionality on the contingent element of the consideration, the following modifications have been agreed:

-- a two-year restriction on dealing with the Greatland shares to be issued to Five Diggers Pty Ltd, comprising:

- 12-month lock in, which prohibits any disposals of the shares in this period, subject to carve outs (such as recommend takeovers), plus

- a subsequent 12-month orderly market arrangement, requiring that, during this period, the shares may only be traded in consultation with the Company's broker and through the Company's broker (subject to customary carve outs)”

Hopefully the orderly market condition will allow the Australian investors to get a bite of the cherry, without major disruption to the sp.

Hopefully this will coincide with the DTM and next resource upgrade.

This last week….

Bidder…. We would like to buy the 30% of Havieron for 20p a share.
GGP……. No way, we are worth far more than that.
Bidder….. if you don’t agree, we will go hostile and bid for all GGP.
GGP……… In that case, you had better know that we have another potential Havieron and will notify the market. You won’t get this company without a mind blowing offer.
Bidder…… We can’t ge Havieron without paying top dollar. Call off the shorts.

Tongue in cheek and all that ;0)

1% of our 5 billion shares is 50 million. 0.5% is 25 million.

Maybe and it’s a big maybe that is the shorter closing?

As they say in poker. You don’t reveal your hand until you need to.
Shaun and the team, I believe are playing a blinder!

If we are speculating lol!
Maybe Newmont have made a tentative enquiry/ bid about Havieron and our BOD are saying, no way look at what else we have got!!!!

I think the Juri is still out on those two. ( forgive the pun)
It is proving more difficult to trace the origins of the gold at Scallywag, but I believe they will be successful in the end.

SAS, I have to agree. Strange timing. Perhaps someone is circling with a bid and this maybe designed toward them off, or show them we are worth a lot more?

Would help to consolidate the rise with a few directors buying.

The Dash’ by Linda Ellis
I read of a man who stood to speak
At a funeral of a friend
He referred to the dates on the tombstone
From the beginning….to the end

He noted that first came the date of birth
And spoke the following date with tears,
But he said what mattered most of all
Was the dash between those years

For that dash represents all the time
That they spent alive on earth.
And now only those who loved them
Know what that little line is worth.

For it matters not, how much we own,
The cars, the house, the cash.
What matters is how we live and love
And how we spend our dash.

So, think about this long and hard.
Are there things you’d like to change?
For you never know how much time is left
That can still be rearranged.

If we could just slow down enough
To consider what’s true and real
And always try to understand
The way other people feel.

And be less quick to anger
And to show appreciation more
And love the people in our lives
Like we’ve never loved before.

If we treat each other with respect
And more often wear a smile,
Remembering this special dash
Might only last a little while

So when your eulogy is being read
With your life’s actions to rehash….
Would you be proud of the things they say
About how you spent YOUR dash?

I can only echo what all these good people on here have said and offer my condolences to you and your family.

I think it also means that Newcrest has seen little appetite for a counter bid. Is it a formality? Seems to be unless Newmont find something in the accounts etc, that they don’t like.

Newcrest and Newmont enter into exclusivity deed

Further to the ASX announcement dated 11 April 2023, Newcrest Mining Limited (ASX, TSX, PNGX: NCM) provides the following update on the revised conditional and non-binding proposal from Newmont Corporation (Newmont) to acquire 100% of the issued shares in Newcrest, by way of a scheme of arrangement.

Newcrest and Newmont have now entered into an exclusivity deed, satisfying a condition of Newmont’s proposal.

Under the deed, Newcrest has granted Newmont exclusivity until 11:59pm on 11 May 2023 to allow Newmont to conduct confirmatory due diligence on an exclusive basis.

That’s good Bamps. I have sent an email to GGP, hoping that everyone is safe and asking Shaun to give us an update via his Twitter account.
Will have to wait and see if I get a reply/ response.

Looks like Telfer is close 5o 5he path of the cyclone. Hope everyone is safe.