Member Info for Spratt1982

Daveri007, totally agree. Hydro you’re sounding desperate these days and if I were being honest it feels like you’re trying to dangle a carrot while your mates offload...IMO

Paddy, condolences and may god give you and your family strength to get over this difficult time.

Janus is your first name Hugh by any chance, if so please jog on and dont sit on those hands or they might disappear all together.

Bamps 21, thank you for taking the time to remind us of the fantastic projects we have lined up. Havieron is pretty much covered by NC so looking forward to commencing further exploration at our 100% owned projects and the new Juri JV with NC. What’s not to like!..GLA LTH

Jerry, As per JDT calc.

For ref see link below re Junior Miners/Explorers that were the subject of a TO in recent times.

https://en.cdfund.com/track-record/overnames.html

I don’t think any were even potential Tier 1.

@jdt, thanks for doing the calcs for GDXJ rebalance. So with an SP of 23p that forecoming purchase will be approx 26m shares...will be interesting to see if people give them away cheap..I hope not

Morningsun, I don’t think he is stating a particular point in time when a TO may happen, but I would imagine it would be further down the road and certainly not before we have ‘grown’ the resource substantially..we will not be at 23p at that point IMO.

Tymers, he is quite well respected so probably reflection of my aptitude to ask pertinent questions rather than his knowledge/professionalism

I believe re the SD response Steve was referring to Havieron only, I’m which case NC really are in the driving seat. However Shaun’s back ground will be valuable in the case of a TO.

Hollo, Assuming there will not be a TO in the near future but expect the SP to be way north of ATH before TO talks even begin.

Evening all
I thought I would share the response to an email I sent to Steve Todoruk re GGP, Im sure he looks in here from time to time and hope he doesnt mind me sharing his responses. See below:

Steve is a Investment Executive at Sprott and a Professional Geoscientist.
https://www.sprottusa.com/our-firm/our-team/steve-todoruk/#

Q. The current share price and what you believe will be the catalyst for the next leg up.
A. Ongoing drilling growing the deposit bigger and advancing the project moving it towards mine production

Q. The likely hood of Newcrest to buy the remaining 25% of Havieron and whether this will be at a significant premium to todays SP.
A. They either build it into a mine having to give GGP 25% of the profit (which is great as that move GGP into producer status) or take over GGP (which is what I would expect them to do). We just had a takeover in the sector yesterday. Newmont took over GT Gold at a 60% takeover premium above what they had been trading at. The normal takeover premium is usually 25-40% but that can easily increase as we saw yesterday.

Q. Valuation of our other projects at Juri (JV with Newcrest) and 100% owned at Scallywag and Rudall.
A. Not worth anything because nothing of any value is known on them. They are just mining real estate which is worth a little, but not a lot

Q. What shareholder value do think the new CEO Shaun Day can bring.
A. Pretty well any one can run the GGP bus because Newcrest is doing everything.

Love the response to the second question.

He seems to be quite approachable, hence would encourage others to do better than my basic questions above.

ATB

That is exactly what are achieving, and in the process making our way to Berenbergs 66p unrisked estimate

Brilliant results once again, HAD130 is amazing as are many others, further de-risking the project.

I second that!, a Bloomberg Terminal update would put many at ease if it transpires that II have been loading up at these levels

Reposting incase someone missed it. Havieron is now listed as a Newcrest asset on their website..and people still questioning if this will be mined..go figure.

https://www.newcrest.com/our-assets/havieron

Remember Gervaise bought 500,000 shares above this level which tells you all you need to know about where this will go...once the market games are over (as GH also stated).

Think the Hav results this week could be a catalyst to moving us out of this rut especially if we see some decent intersections beyond the known 'Oval' also with the beginning of the drill season commencing and drill rigs poised to begin drilling at Jury JV and out 100% owned projects news flow should be frequent. Looking fwd to some Paddy sat images of development at Juri especially.

Also great to see Sandeep is clearly excited whenever he discusses Havieron, especially talking about hitting gold at every drill...remember he is party to more recent drill info than has been published.

What a great interview, and PFS in Sept?!..things just got exciting again here.