Member Info for SpadesAspade

Hey Ace, do you see Shaun becoming a “Hungry Hippo” by any chance 🦛

Both here and even more so AIM, with only 188,000 traded thus far today.

Not much to shout about now is there. I’m more than comfortable in waiting this out, something the likes of Freddie will never get his head around.

I’ll be even quieter over the next few months as sunnier climates with great golf course’s await my winter haven until Spring next year.

Even though there’ll be a seven hour time difference, I’ll probably still be looking in each day, and I’m quite happy that everything is going to plan. We just need that FS out to confirm everything is in hand, and like I’ve said on many occasions, Patience is the key to massive returns.

ATB

never in a million fkn years firstmodern. are you just trying to stir things up for your amusement again.

*****

Dealts, it’s not got anything to do with the quarterly report. This downturn in our SP is down to the fact that in the last 7 days the POG is down $400 dollars.

So which broker note did that come from ?

Forget the 10p by Friday posts’ I’m here for the £10 by Friday one’s Ace. Then that’ll be me done 👍

No problem with you Ace at all. I’ve just got the one gripe with you, you need to start posting £5 by Friday. It worked last time. 🏦

You just can’t help yourself can you Freda.

If I had this fictitious £10M in the bank you keep banging on about, then I wouldn’t still be here. But in another 2/3 years you just never know, and I’ve certainly put myself in prime position to obtain my goal.

But you crack on Freda having a pop, because you prove to everyone every time you post, you are nothing but the BBC (Bulletin Board Clown) 🤡

Does anyone remember what the POG was on the 4/12/24 when GGP bought 100% of Telfer & Havieron, not to mention O’Callaghans and all the other prospects from Newmont ? Well it was US$2643 per oz.

Do you think any of the management care day to day about what the market cap of the company is, when even after today’s drop in the POG to a tad under US$4000 per oz, thus trading at US$1357 per oz more now, than when they did their due diligence and decided to buy not only the farm back, but also what can now turn into a new lease of life for Telfer.

Some of you guys need to remove those blinkers you’re obviously wearing, and look past the end of your noses. Jeez no wonder some of you lose money hand over fist chasing the next BIG thing you’ve heard about on the grapevine !

This is it, you’ve already found it, you just need to be patient for once in your lives and stop fretting about the SP each day.

Do you really think that the institutions panic so easily when they see their paper profits being temporarily hit, No they don’t !

Even after a pullback in the POG, GGP are still making huge profits, and the only time Shaun and the team would ever worry about the market cap, would be if they ever decided that they’re selling the company. Do you guys panic as much each day whether the fluctuations in your house price is higher or lower than the day, week, month, year before, I suspect not, Why, because you’re not selling it, so why do anything different when it comes down to your investment here, unless you are selling right now. If as most of you portray here, you are not selling, then why get so irate about it ?

If you believe the SP is being manipulated for the Big boys as I see posted on a daily basis, then do as they do and take advantage of it and buy the dip, but you don’t, you seem to play the game the wrong way around, just like Rick Rule said, “why wouldn’t you buy the nice coat in the shop window you’ve been admiring, now it’s on sale rather than wait until it goes back up in price again” ?

C’mon guys get with the plan and stop this constant whinging, it’ll turn around when you least expect it !

Your patience will be rewarded !

Not one bit !

It’s all just smoke & mirrors, but this will rise dramatically, but only when the Big fella’s want it to. This like BTC is all designed to shake the little people out until the institutions get what they want. It’s got SFA to do with fundamentals but everything to do with greed and control. I’m just glad I got in early doors and now sit back until it all unfolds, and it will, but not just yet it seems !

As I’ve said many times, Patience Patience Patience will get rewarded eventually.

Is it just me or does anyone else think that the questions being asked by the likes of Macquarie etc, are trying to find anything that put the management in a bad light.

Apart from the last guy, not one of the others congratulated the management team on their success of making Telfer super profitable once again. It’s as if they were deliberately trying to find fault or a sniff of any slight inaccuracies, so as to punish the stock once again in their reports, that will undoubtedly be being constructed as I write.

To me it seems like they don’t like the new kid on the block, and want to try and put GGP in their place.

Eventually they’ll all have to give credit where credit’s due, once Havieron comes online. In the meantime, I think we’ll need a fantabidosy MRE update in the March 26 qtr to make em sit up and take note that GGP are not playing games and are here to stay.

You probably correct Stocksie, but I would love for his statement from a few months back come true, when he said he would like there to be 3 disappointed banks 🏦 ☹️

I’ve just noticed on page 18 of the report, it’s now stating that we now have A$825M of liquidity including A$750M in cash.

My question is, the total of A$825 obviously includes the A$75M of capital we can draw down on if needed, but there is now no mention of the funding from the core Banks that SD negotiated with for a further A$750M if needed for Havieron. Does this mean that at this stage of proceedings, because of the huge fcf Telfer is providing, SD now thinks GGP no longer requires the bank loans ?

Anyone any views on this ?

I think one of the most impressive takes from the report is the fact that in US dollar terms, GGP’s AISC is an impressive US$1401, which is only a third of what the current POG is @ circa US$4113 oz. Which equates to “Loadsamoney” !

https://youtu.be/ULeDlxa3gyc?si=MacKg9KR73Y0A8SF

Great to see that the AISC was at $2155 with a fantastic recovery rate of 88.6%, best since FY2010.

They seem to have Telfer purring like a kitten !

Hey Napthman, are we talking about Shaun day here, or Peter Parker ?

aka🕷️ 🧍‍♂️

Here’s another correspondence I received after mailing him with a few more questions.

Hi *******

I’m still very keen of GGP.

Right now with Newcrest having exercised their option to buy another 5% of the project at “fair value”, that is hanging over their share price with the market not knowing what to expect. The market doesn’t like anything they aren’t sure of.

Unfortunately, Sean Day inherited the Option JV deal that his predecessor signed and Sean has to make the best out of it. It’s too bad Gervaise gave Newcrest that option. Let’s just get it resolved and then move forward to lining up bank financing for their share of the construction costs and lots more good drilling results growing this deposit much bigger.

Steve

Again he was still very positive on Havieron, which is why I never sold. They say follow the money, but I decided to follow the geologist and someone who does know his onions so to speak.

Here’s an email I received from ST, after I asked him his opinion on Havieron. Looking back to January 21, he was still super positive.

Hi ***********

Overnight Greatland Gold announced initial drill results on one of their other projects in Western Australia called Scallywag.

This project has absolutely nothing to do with their very significant Havieron gold discovery that they are involved in with Newcrest Mining and I therefore have never assigned any value to this project.

About 1 1/2 years ago during conversations with the management of Greatland Gold, I strongly urged them not to spend any of their cherished money drilling other early staged projects because I couldn't think of one example of a junior making two significant discoveries at the same time in history and they couldn't give me one either. So, I asked them why try to then.

I am extremely surprised by the significant sell off in Greatland Gold's share price over night which to me suggests that there were a lot of retail investors that were betting significantly that they would defy those horrific odds of Greatland making a second discovery along side Haverion at the same time.

Everything still remains on track with Newcrest aggressively advancing towards initial production within the next few years the Haverion gold - copper deposit, so I am very comfortable with this high quality project.

Regards

Steve

Just goes to show even after Scallywag, that he was still very happy with Havieron. I just wish Heddle would’ve heeded his advice, and we may not have seen the turmoil we all witnessed in the aftermath.

Hi Hopefullygold, I’ve always thought ST as been more than amenable when it comes to corresponding.

I don’t know the email address you have for him, but try this one STodoruk@sprottglobal.com he’s never failed to reply to any of my questions.

ATB