Member Info for SpadesAspade

Chuffchuff, I think you may have your decimal point a couple of places to far to the right, because HE1 is currently sat at 1.17p not £1.17. They raised £8M by issuing 1.6B shares at 0.005pps

Jeez I can’t remember the last time I saw any significant trading days here. Yet again another very quiet day with upto now only 372,000 shares traded. Looks like folks are just watching & waiting to see what transpires over so many scenarios that could be played out. Even the so called shorters have stopped dropping bombs, which hopefully is a good sign that somethings about to be announced.

Hindsight Eh !

Well Rotherby I took my opportunity and shovelled him & all of his 162 completely negative posts into the bin. The Lid is now firmly closed he’d have to be Houdini to get back out.

Last reply to you Ninetopprizesof being a lying barsteward. Green binned with the rest of the grass cuttings, as compost is probably the one thing you could be useful for. Everything else you say, including being invested in GGP is just total nonsense. Good Riddance !

Ninetopprizesof BS, if you had cared to have read my post correctly, you would of noticed I’d paraphrased the article that was written by RCP Research. If you have an issue with what they said, I suggest you take it up with them ! But as everyone here knows, you won’t will you. Just like a crazed dog, you prefer to attack the postman instead of the author.

Excerpt taken from the SCP document. “We think Greatland has a unique opportunity to consolidate / acquire a tier one Australian asset now that Newmont deemed Telfer and Havieron non-core in February 2024. The key question is how much value can be ascribed to Telfer, given the operation is currently not producing as Newmont resolves the tailings dam issue (as we understand not a major long-term issue but one that Newmont is being characteristically cautious/prudent to resolve) and with only ~28Mt of resources left at Telfer (US$345m PPE carrying value at end of 2023) but an excellent 22Mtpa processing circuit (two processing trains) that even with one train scaled down to 6Mtpa, could process Havieron ore and save the cost of a new plant. Current activity at Havieron is focused on depressurizing and dewatering to drive through the third of three aquifers before resuming development, as operator Newmont, with Greatland’s agreement, have wisely prioritized long- term value over pushing production timing.

The Feasibility Study, which Newcrest had effectively completed at a planned throughput rate of 3Mtpa from a single decline, is likely now a secondary consideration for Newmont given they are selling the asset. Taking the 44Mtpa high grade crescent zone (4.1Moz Au at 2.8g/t and 165kt Cu at 0.38%) at a production rate of 3Mtpa, we get an NPV5%-2,000/oz (100% basis) of A$2.3bn. Increasing to a 6.5Moz at 2.2g/t AuEq SLOS scenario (likely a decline and a shaft) increases SCPe NPV to A$5.0bn. Updating our valuation, we make our base case 3Mtpa over 44Mt = A$2.3bn on a 100% basis (7p/sh attributable to GGP). We add upside for a 9Mtpa SLOS operation mining a total of 6Moz at 2.2g/t at 0.7x NAV (prev 1x NAV), and A$250/oz for the 2.2Moz AuEq which outside any of our modelled mine plans. We maintain our BUY rating and lift our price target from 14p/sh to 16p/sh. What we like about Greatland is the quality management team and board, a 30% stake in a tier-1 Aussie gold project (>10 years at >225kozpa no matter how we scope it), and financial backing from Twiggy Forrest to build a mid-tier.”

Well these boys still seem to like it, so let’s see what the naysayers have to say now.

Potty mouth Pottersfield, just how old are you, Four ?

I might understand your point of view if I were a Troll who kept posting untruths about GGP & Havieron, but for someone who only posts positive things about what I’m invested in, you comes across as someone who just likes to pick a fight, that or the green eyed monster has gotten a hold of you. Which one is it, we’re all ears 👂

Also in the same report I found this little snippet.

Snowline Gold provided a maiden resource with details on the different zones by grade and tonnage. Notably, Scotia thinks the near surface high-grade comprising 39 million tons at 2.35 grams per ton (g/t) gold could sustain production for 10 years under a 10K tons/day scenario or four years under a 25K tons/day scenario. The total resources identified was 7.3 million ounces at a grade of 1.45 g/t gold, which is an attractive target for development of a larger scale mine at 300,000 plus ounces per year.

Now where have I seen very similar figures to that before, Mmmm I wonder. 🤔🤔🤔

Evening Red, like you say, there’s just absolutely no point in responding to Chalkie, and judging by the amount of recommendations he doesn’t receive, nobody is having the wool pulled over their eyes and being fooled by this reincarnation of a previous entity.

Nik Nik Chalkie, I’m still waiting for that knock on the door 🚪 ✊🏻 👮‍♂️ 😂😂😂

So true Rotherby, but it somewhat reminds me of an episode from the 1970’s cartoon “The Hair Bear Bunch” where once the Zoo keepers went home for the night, Hair Bear, Bubi Bear & Square Bear left to their own devices, ran amok down there at Wonderland Zoo, with nobody except Messers Botch & Peevly to keep em in check.

Even the Zoo’s resident Lion tamers, with their wooden chair’s & proding sticks have downed tools, after yesterday’s criticism by the once supportive audience.

Any suggestions as to who our three Bears here currently are ?

No worries James21, I’ll keep shtum for a while, just hope Pepper & Nine follow suit, but tbh I won’t be holding my breath.

That’s your opinion Jerry, but come on what interesting information have you posted here in the last two years ?

Culpepper, what you miserably fail to understand is that 99.99% of people who hold shares in GGP, do so because they believe that what they have put there hard earned into will in time make good.

You on the other hand have reservations, which there is nothing wrong in that point of view either. But come on fella, do you really think talking about your negative thoughts all the time is gonna go down well ?

Once you decide whether or not to invest in GGP is your business, and as such don’t need or welcome your incessant questions because we unlike you, have already made our minds up, that we are happy being invested here. Quite frankly you’re just being a pain in the derrière, it’s not our fault if you can’t see what we see, so you’ve got a very simple decision to make. If you believe in GGP, invest. If you don’t like what you see then don’t. Either way you don’t need to be here 24/7 for people to pander to your ego. I can’t make it anymore clearer than that. It’s upto you not us !

Like I’ve already said Culpepper, you’re not a shareholder, so as such, you have nothing of interest to add here. Simples

Red, Tav & DH if it wasn’t for folk calling out these mischievous posters, currently there would be absolutely nothing to read here. I’m sure once news is released there will be plenty of interesting posts to dissect and get our teeth into, but until then everyone might as well not bother looking in.

I admit I’m as guilty as anyone for getting drawn into petty arguments, but what are we to do, just let them post whatever the hell they want ? Definitely not. These people need to be called out and asked to provide any shred of evidence that what they say is correct, and upto now they haven’t.

We are, as SD stated weeks ago, in a very quiet period and not to expect much in terms of news. But I’m sure it’ll not be the case for too much longer, but what news might get released first is anyones guess. I’m just hoping it’s good news. 🤞

Culpepper, for the most part I completely ignore your posts, because as a non shareholder your views are irrelevant. It’s a bit like the person who continually states he hates the government, when he couldn’t be ar5ed to vote in the first place. Put some skin in the game and then you just might get a fair hearing.

Just for clarification, I meant MH01’s response to ChartaRex.

Nine, I see your playing the Bully card again, this time at ChartaRex.

But let’s not get misinformation in the way of your agenda.

ChartaRex was in his right to say what he did to a post that was incorrect.

I see you only quoted the first line of the post in question, just to try and justify your pathetic attempt to discredit posters who correctly challenge misinformation.

Let’s take a look at the post as it was written shall we, and let the rest of the board decide who was in the wrong !

“I think GGP will team up with RIO to 50/50 JV on Telfer/Havieron.

They're already in a JV at Ernest Giles & both are exploring/finding gold & copper in the area and need to process ore somewhere.”

You see my point don’t you Nine, Rio are not in & never have been in a JV with GGP on Ernest Giles. ChartaRex’s post was to just inform the poster of the error of his ways, but you come along and try and twist it by putting your own spin on it. No doubt you’ll be crying that I’m also bullying you, instead of calling it as it should be of calling you out for supporting misinformation and twisting things for your own end. But don’t let a little misinformation get between the truth Eh !

ChartaRex, who’s already in a JV at Ernest Giles ? It’s certainly not Rio ! Cmon wake up.