The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Spectacular intercepts since the last update.
Spoke to 2 institutions today.
wont be long now
dont be surprised if they ramp this up after the presentation at 9.30am
they did not really have much of a window to mess with it today, but did it well
Listen to that on the spot question at 5m 35s....
how does this affect the share price.....should be nothing but positive.
THE AISC IS THE HIGHLIGHT OF THE REPORT.
Havieron Maiden South-East Crescent PFS Highlights
§ This Stage 1 Study of the South-East Crescent reflects the 'staged
approach' to the evaluation and development of Havieron and does not consider
bulk mining methods
§ Economics(2) of maiden PFS supports the total capex while generating strong
early cash flow, IRR and payback.
§ Low upfront capital, Greatland share US$73m(3)
§ Outstanding low-cost operations, AISC US$643/oz(2,4) with further
opportunity to reduce
§ Internal Rate of Return 27% (real IRR, after tax)(2,5)
§ Payback 3.0 yrs(2,6)
§ High Grade 4.58g/t Au Eq(2,7)
§ Capital efficient, low environmental impact with underground mining and use
of existing Telfer processing facility for majority of plant infrastructure
§ 17% of revenues estimated to be generated from copper production
§ The Stage 1 Study demonstrates that including additional existing Inferred
Mineral Resource allows for an ~3Mtpa or greater operation
Havieron Growth
§ The Stage 1 Study is at a 'point in time', with a February 2021 cut-off for
drilling information; with significant additional information now available
which is expected to be incorporated into future studies
§ 14Mt of Probable Ore Reserves(2) mined over an initial 9-year life, from a
throughput of 2Mtpa
§ The PFS does not consider 37Mt of the current Inferred Mineral Resource or
any potential new resources that may be defined in Northern Breccia and
Eastern Breccia
§ Continue to assess the broader Havieron breccia system which may be
suitable for a bulk mining method
§ Concurrent studies underway to assess production rates greater than 3Mtpa
§ Targeting 90,000m of growth drilling over the next 12 months
Didn't SD say that the MRE would cover all missing drill results to date.
I can see some serious moves before that
Anybody that expected anything other than a decision to mine obviously did not understand what tonight is about.
We were not expecting drill results or any other results.
All the figures are based on around March 2021, which we all knew anyway.
It's a mine, make of it what you will. Bit of a shake maybe, but I see big money coming in now.
All we wanted to hear, including the instos, was that we are going to mine. That's it. Job done
This is initial, it will grow. Some people just don't get it
Exactly WF. too many not reading what's going on and just dreaming up scenarios from a few figures.
Going to mine, 1st stage PFS.
It's all about if it's economical to move to mining, which it obviously looks like it is.
What else were some expecting?
How can you possibly continue to hold if your of the opinion GGP SP will be less after the PFS.
and lets not forget all the bichin whingers going on about the drop from 37p to 16p. they all forget we took a huge hit from 2.2p to 0.6p.
BUT.....the tide has turned now.
He won't sell us out, but he will sell for around £11.6bn
See you all at coutts... Lol
Greatland Gold to shine
Tuesday sees one of the most keenly awaited events for years in the junior gold mining sector.
Aussie giant Newcrest will publish its pre-feasibility study for the Havieron project in Paterson, WA.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) originally discovered the project but has taken a back seat while Newcrest does the heavy exploration lifting in return for a stake that can rise to 70% once the programme completes.
Speculation has been rife for some time that if the numbers are good, Newcrest might go the whole hog and buy Greatland lock, stock and barrel.
The PFS, which will contain some key financial projections, should give a decent steer on whether that is likely.
In the meantime, Greatland shares have already risen more than 30% in two days on news of the 12 October PFS publication date.
Havieron’s current resource is 52mln tonnes hosting 4.2mln ounces on a gold-equivalent basis, but some brokers expect this to be materially expanded on Tuesday.
This time around we are not due drill results which can make the SP go up and down in a day. We are getting the information that tells the entire market the cost strategy going forward. Its a massive difference. This should only go one way now regardless who tries to knock it.
Would be helpful if the calamity gold price pulled its pants up as well.
SD just dropped a RNS which effectively made every shorter a major shareholder in pampers and this twat thinks he has something important to share. Gold was $1000 three years ago ffs.
Hope you get wiped out
7 October 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Greatland Gold plc
("Greatland" or "the Company")
Notice of Havieron Pre-feasibility Study Results
Greatland Gold plc (AIM:GGP), a leading mining development and exploration company with a focus on precious and base metals, notes the information released by its joint venture partner Newcrest Limited; of the planned release of the pre-feasibility study results at the Havieron gold-copper deposit in the Paterson region of Western Australia on Tuesday 12 October 2021, pending receipt of the necessary approvals.
The Company will host a live webcast presentation at 09:30 BST on Tuesday 12 October 2021. Participants can register for free and add to meet Greatland Gold via:
https://www.investormeetcompany.com/greatland-gold-plc/register-investor
Investors who already follow Greatland Gold on the Investor Meet Company platform will automatically be invited. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00am the day before the meeting or at any time during the live presentation.
A copy of the accompanying presentation will be available on https://greatlandgold.com/ from Tuesday 12 October.
Enquiries:
I have manged to take 700k this week. I feel this is a good shout to add to around 20p area, then see how it settles
24 months minimum hold now unless corporate activity forces me to sell