Member Info for schlemiel

Peel's flipped to the bid

shifted him like a turd in the U-bend, if you'll pardon the rather unsavory analogy

proper buying now

929k buy
250k buy

Why would Biswas be placing Havieron at the forefront of his presentation to a CANADIAN audience? I can understand why Red Chris is promoted but why Hav when it's in Australia?

'Attached for release to the market is a presentation to be given by the Managing Director and Chief Executive Officer, Sandeep Biswas, at the Bank of Montreal Global Metals and Mining Conference on 24 February 2020.'

More public coverage about Havieron then...I am sure Biswas will be presenting and talking about current developments at Havieron. More coverage

They're going ahead with the mine, without question. Stoping and the potential for a bulk underground mine -

'This mining method is useful because it allows for huge volumes of material to be mined at relatively low costs, which makes lower grade deposits economical to turn into mines or new pits. Many large-scale open-pit operations have plans to progress into block caving operations over time, including Oyu Tolgoi and Grasberg.

This mining method is typically used in situations where the orebody is both large and steeply dipping, and because of the depth below surface is not suitable for surface mining methods.'

The underground decline is intended for exploration and definition drilling in support of planned underground production. Newcrest firing on all cylinders now

Sandeep at this conference promoting Red Chris and Havieron alongside each other

Investigating potential to start exploration decline by
end of CY2020
?
Studying both a stoping operation and the potential for
a bulk underground mine
?
Investigating potential to achieve commercial
production within ~2 3 years from commencement of
decline
?
8 drill rigs in operation
?
Drilled ~31,000m as at 31 December 2019
?
A further 20,000m 30,000m planned for H2 FY20
?
Increased exploration expenditure guidance range by
$25m for ramp up of drilling activity
Achievements to date
Havieron
studies 1
1. Subject to all necessary permits, regulatory requirements
and Board

The BMO report says we now have 8 rigs in operation

is up +5%. That's a hefty rise for a multi-billion $ company. They have a BMO announcement out in around 5 mins according to Hotcopper

Why did AA wait until SXX had run out of cash before making an offer? Why did they not negotiate a JV with SXX as per Newcrest's JV with GGP and put up cash to develop the asset in the way Newcrest has done? It's despicable corporate behaviour, it was timed and it was exploitative. Was Fraser in contact with AA weeks or months before the offer was made?

Comparing SXX with post-Newcrest JV- GGP is incongruous

'Management believes that the gold prospects identified to date on the Black Hills licence may extend into the north western portion of Greatland's Havieron licence. '

6-11-2017

https://markets.ft.com/data/announce/full?dockey=1323-13421269-6TPG0N856S6H5BNK3FS4EVGV1D

https://www.newcrest.com/careers/current-opportunities?job=978959

'We secure TIER ONE GROWTH opportunities through our capabilities, building a portfolio and exploration pipeline that drives long-term growth.'

'knowledge and skills within the team and the broader Telfer gold mine operation.'

'Life of Province Planning (LoPP/LOM)'..Hav and wider Paterson?

'Facilitate and deliver site and corporate capital forecasting and reporting requirements (including monthly site and CRC reporting, CER/IAR reviews) to deliver the Telfer capital plan'... What is the Telfer capital plan? Sounds like capex on the horizon

Analysis

Review of EDGE/Business improvement valuations and analysis for business case justifications
Assist site and corporate counterparts with the understanding of valuations for investment opportunities (analysis & valuations)
Operational & Strategic reviews to drive value add decision making

'Experience of understanding of large-scale planning platforms such as TM1/Planning Analytics, Hyperion or Ramesys

Prior experience in strategy, investment valuation, corporate finance and mergers & acquisitions would be viewed favourably.'

-

The job sections of companies you've bought shares can provide a mine of information but since this is Telfer related and terms like capital plan, M & A etc etc crop up that gets my juices flowing..of course it could mean sweet FA

Black Hills and Havieron highlighted on a Newcrest presentation (dated Feb 2019) which was around a month before the GGP-Newcrest JV was announced to the market....

https://smallcaps.com.au/rio-tinto-confirms-major-copper-discovery-paterson-province-juniors-peg-ground/

I wonder if Newcrest have one eye on BH's as well (extension to the NW of Hav?)..just speculating

https://www.thetimes.co.uk/edition/ireland/daa-hires-trio-of-high-flyers-qmzb8g8b8

...paid for content so can't gain access but the headline is at least positive

'near term' (weeks?)

'will happen soon'. Near time after regulatory box-ticking completed

90 day production test - as this progresses one might assume that info would seep out into the public arena as it always does, through a nod to a favoured journalist at the AFR or Katherine Times etc

Falcon complete 'milestone' well drilling

Falcon Oil and Gas CEO Philip O’Quigley

Fearghal O'Connor

February 23 2020 07:00 AM

Falcon Oil & Gas has completed a crucial 1,500 metre horizontal well as it prepares to begin fracking within weeks at its potentially major gas prospect in Australia's Northern Territories.

The Dublin-based explorer said the 21-day drilling operations, including casing and cementing, on the Kyalla well in the Beetaloo basin have been successfully completed. The well had been drilled at a depth of 3,809 metres.

Falcon chief executive Philip O'Quigley told the Sunday Independent that the horizontal well was "a milestone" for the company's bid to bring the prospect into commercial production, alongside its Australian partner Origin Energy.

"Now we are getting ready for the fracture stimulation of the well which will happen soon," he said, adding that the company must first clear a number of regulatory hurdles that could take some weeks.

The fracking process itself would then take up to three weeks and would allow the companies to test the flow rate of gas from the well.

"That will be a big moment for us and we will follow that with a 90-day production test," he said.

https://www.independent.ie/business/world/falcon-complete-milestone-well-drilling-38979790.html

Artemis has secured licences to explore on three (I think it's three) sides of Havieron. No, they are not part of GG or Newcrest. They are a separate and unrelated company

excerpt -

'The automotive supplier Bosch, for example, has promised an interior monitoring system for cars that can determine eyelid movements, direction of gaze, and sitting position. It will alert drivers when they aren’t paying attention, optimize airbags depending on how a vehicle's occupant is positioned, and set off alarms if a child or pet has been left behind in a locked vehicle.

A few systems are already on the market, but some of them don’t work very well. “Driver monitoring is especially important in cars where drivers can activate some driver assistance features, such as lane keeping assistance, adaptive cruise control, and active driving assistance, with the push of a button, and essentially hand over some control of the vehicle,” said Kelly Funkhouser, head of autonomous and connected vehicles at Consumer Reports.

CR has evaluated several driver monitoring systems. Our tests have found that the infrared camera-based monitoring in GM’s Super Cruise feature does a good job of ensuring that drivers are engaged and paying attention to the road. We haven't been impressed by systems that rely solely on sensors that can tell if a driver is holding the steering wheel. In CR’s view, these don’t truly show whether a driver’s eyes and mind are focused on the road.'

continued...

https://www.consumerreports.org/automotive-technology/high-tech-features-you-might-find-on-your-next-car/