Member Info for SpadesAspade

So that’s a whopping $12M p/m profit coming into GGP coffers based on initial 8.22g per tonne.
That’s $144M per annum, and some numpties still think we’re gonna give away 5% for $150M.
Think again boys.

A Question for Bamps.
If as you say, 2M tonnes per annum is to be mined at an average grade of 4.5g P/T. Does that mean that GGP will be receiving $6.6M profit per month from that first initial SLOS operation. And $9.9M if it is to be 3M tonnes per annum?
My figures based on $1000 per Oz profit.

StarBright I don't disagree what you say or what Dip has stated, but as my mother used to say, If you don't ask, you'll never know.
I suggested $500 per oz based on 20M oz with a 50% discount. I never said we would get that, I only ever said that would be what I would ask for if I were negotiating.

StarBright, don't you think it was no coincidence that the interviewer even suggested as I did, 20M oz to be considered in respect to the 5%.

And that is exactly what it is
HISTORY

Mushroomkid If you would like a more of an Aussie accent to promote us, then I'd like Crocodile Dundee to explain to others what we have here.
"That's not a mine. This is a MINE"

G'day Fella, it's gonna be Bonzer

Mercedesman, disappointment will only be to those like myself who have put a high value on the 5%. For folk who put a value of $100 M, I'm sure they will be ****-a-hoop.

Wasred you say you hate foreign ownership. I take it you are British, but obviously own shares in an Australian Gold Miner.
Is that not what is called "Double Standards" ?.
When the boot is on the other foot, it's ok then.

Now being a Man City supporter all my life, I know what disappointment feels like.
But after sticking with them through thick & thin, I can now say we are one of the best teams in the world.
And this is where I see GGP, we are coming from a position of this small fry of a company that no one gave two hoot’s about, to now not only becoming the noisy neighbors to the Telfer boys, but now going on to much bigger and better things.
We’ve had our flash managers with Gervaise Heddle (Malcom Alison), and now imo have got ourselves a real Pep Guardiola in Shaun Day, with his first class back room staff to aid him along the way.
As a partner with untold wealth, NCM are just like our Abu Dhabi Group, and not frightened to put their money where their mouth is.
And over the next few years GGP will have gone from a minnow playing in the 3rd division to now mixing it with the big boys in the premier league, all due to their world class assets.
Just like the title of the thread says. Good things come to those that wait. And now is our time.
Keep supporting our team that is GGP because you never know what’s just around the corner.
GLA

I like someone with a good sense of humor Jimmy.
Did you know that the saying "I'll come in a Jiffy" means something completely different in Oz.

$6 Billion @ $1000 per oz profit

As they say up north "That'll do"

Panama, but is it multi-factorial ?

"One of the best gold discoveries, certainly in my career. Shaping up nicely to be about 20 plus Million oz."
Well if that doesn't get your juices flowing, I don't know what will.
Most of us LTH's have been saying this since 2018 and continue to do so. Looks like a lot of you guys will be getting your pencil's and rubbers out to re-calculate your numbers.
ATB

This is the sort of thread that makes my blood boil. Doesn't anybody do any research themselves these days. It's not too difficult to just scroll back and read a few post to find out the answer.
Everybody seems to want everything handed to them on a plate, why is that ?

Ruprah, don't count your chickens just yet. Wait until the Big Tent's erected again after being blown down by this wind.
I'm sure all the Red noses will be back to their usual tricks once more, trying to throw water over us with an empty bucket.
Just like their argument's, it's full of holes.

So we could be down to 500 days until production if it starts in the second half of 2023.
Tick Tock
Tick Tock

Jiffy you are right I am using 20M oz.
I’ve never said we have 20M oz proven now. What I said was that I believe that in time 20Moz or more can not be ruled out.
I don’t know what all the fuss is over.
ATB

Zoros, I'm not saying we can prove up any particular number of Oz's at MRE2 stage or even at MRE3 or 4. What I am saying is that you can't rule it out that overtime this mine wont hold 20,30,40 million Oz's. So why would be potentially throwing away a vast fortune at this stage.
If I owned the mine, then before selling anymore of the asset off to NCM, then I would want to be paid on what I thought it would be worth. Otherwise I would try and secure finance and pay that off with the 5% I would have gained by not selling.
It's a bit like owning an 100 acre field that you knew there was buried treasure in. Would you sell it at fair market value or would you want a premium on it. I know what I'd be asking for,

Scarabbeatle if your happy with a 150/200m valuation, then good for you. All I can say is I won't be.
That's tantamount to Ronald Wayne who sold his 10% of Apple for $800. It is now valued at $2.7 Trillion.
How many times as he said to himself, "If only".