Telfer's role to become a focus for other companies in the region19 Sep 2024 06:04
'Antipa will have A$23m in cash and will be well funded to progress the Minyari Project through advanced studies towards a mine development decision and plenty of exploration activity scheduled. The market valuation implies that over 2.9Moz gold equivalent in a possible open pit just 35km from a processing facility with huge spare capacity is worth under A$70m. This is significantly less than the potential value of the project as shown in the 2022 Scoping Study on a standalone basis let alone what it’s worth to help fill Telfer for Greatland. We believe Antipa offers potential for significant upside as the strategic value of its assets are realised.'
This is a pretty hefty and robust exchange of views between journalists and The Hon Madeleine King MP, Minister for Resources and Minister for Northern Australia............
What a chart and more to come from the shiny metal17 Sep 2024 12:05
'Gold resumed its bull market with the pink breakout. A major market event could make it backtest the breakout. Previous two pink breakouts gives us a hint of what is to come. Posted in late 2023 saying gold was breaking out. Hope you have made the most of it so far.'
'We own almost 3% of Antipa Minerals, another multi-million-ounce gold discovery near the Telfer gold mine in Australia. Greatland Gold might want to consolidate the Paterson district soon'
The hub and spoke model does suggest that other discoveries in the vicinity may be processed through Telfer so yes, one would assume Telfer may become somewhat business though my understanding is somewhat limited so I shall let others ruminate and hopefully illuminate on this issue
That was almost the perfect trading day for both volume, price and rate of price movement. Magical. More of this please but in a more usual staccato fashion rather than those silly orgasmic explosions we sometimes see