Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@Midas, mate we all want the SP to go up but stop worrying about.
Do you think think there is a sh*t ton of gold at Hav?
Of stupidly high grades?
With a perfect shape for extraction at different levels?
That's still open in all directions?
With a huge milling/processing plant a boomerang's throw away, making the AISC in lowest 3 in world?
Because if you do, the chances are Callum, NEM, Twiggy etc agree too.
There is loads of jam there. Tomorrow is just a long way off tomorrow mate!
The last thing NCM BOD need now is for their SHs to ask why Havieron has suddenly gone up in true value i.e. they have been pork pied all along. (That's why Biswas was told to suddenly volte face and stop blowing the Hav trumpet - he was told to as it would muddy waters over the new deal that NEM began proposing last year. BTW, he had to go in the end as his 'culture' faux pas would also have got in the way.)
2 things that matter (talk about SD's reaction a in a mo') - the new ore (awe) body iMagery we all say the other day and how that is reflected - conservatively - as every meter offering 3g/t. Nothing else comes close viz the other NCM properties!
SD will have spoken to NEM and agreed a position with them too about how this is handled.
Sadly for us, the GGP SP won't even have been a typo in that meeting's agenda's AOB.
Things will change - SD only needs to ensure there is enough 'data' right now to ensure that the Aus listing is knocked into the net. Everything else will (have to wait, but will) happen, and increasingly sooner!
Hold fast - I am sure Bamps et al will have something more erudite to say in a few hours time - and just keep 2 image types in mind: that awe body and the constant stream of Sits Vac ads Stu Hinds posts (along with the glorious sun rises/sets which seem to me to reflect colours under the ground!
Of course, all IMHO!
One more thing - can you see any naysayers here atm?
sw
Fred joins LSE on 11 April 2023, when the GGP price was c7.9p. Since then he has posted 129 times exclusively on GGP.
Most of those are negative posts, dominated at SD bashing. All of them written in the classic troll-type method. Short, pithy sentences and points with an apparent authoritative tone,
So, the fact is Fred Dobbs (really? Shurley you can come up something more original like Peter Faeces?) is in GGP terms a really, really, short term 'investor', if he is which I doubt. As he is so negative and so recently arrived and has one agenda, and writes like all the other trolls, my guess he's just a FUDmesiter.
If you are not FD, as Dip hints at, why you here? If you've got such a down on SD write to him, or come to the next town hall and meet him, speak to him yourself.
On 25 May you really bit hard on Dip. That's just 6 or so weeks after joining the board - something most people do because they are invested in the relevant share. An investor by definition is someone who looks at the longer term picture, not the first few weeks and not with a single, dog-with-bone 'beef' - SD in your case.
Are you invested? If so why, if you hate the CEO so much? Or is being paid to post FUD about him the actual reason you joined?
******s,
liam does not ramp.
bamps does not tramp.
paddy does not ramp.
dips does not ramp.
i know. i know them all.
and the rest of the guys who come on here, with links to articles, thoughts about where the decline is (you do know that a mine is being built into the ground and not above, piewards?) and other information provided by the likes of my namesake's photos on twitter, do so because they believe in the share and want it to succeed.
do they believe we are drilling to an ore body? yes.
do they hope we will get there, and reap the benefits? yes.
do they worry factors like ncm and nem etc can have a material effect on that happening? you bet!
but they share cos they care. they don't post the contents of their combined recta to try scare people. or denigrate the bod. true shs can obviously develop a positive bias towards the stocks they invest in. equally, they can and do use bbs like this to raise genuine concerns about their investments.
but i have yet to meet a true, honest, genuine sh who only comes on to a bb just to **** off it, its members, the stock, etc anyone who feels that strongly should get out. or come out and admit they don't have shares in the stock at all.
so toffers, how many shares in ggp do you own?
People who are properly invested in shares, tend to take time with their posts; writing typically longer than average sentences. And a few of them each time.
Trolls and paid shorter shrills tend to write pithy one liners and try to make 1 point at a time, glibly.
What do you think:
@Fred Dobbs (Joined 23 April 2023 btw - obvs a LT expert)?
@Paul B ?
@Plode?
These writing styles tend to all come out as a group/same time as well...see any pattern?
You three I mentioned, out of interest, have any of you met SD personally, shook his hand, talked to him and looked him on the eye?
Have you? You seem to 'know' a lot about him?
Look at our BOD.
Look at our (current) backers.
Think about those SD wants to bring on board through an ASX listing.
Does anyone here seriously think the calibre of people and corporate bodies above get involved for a quick buck; that it points to a strategy of "Let's hope we get a nice offer from NEW so we (and all those AIM based LTHs) can sell out and look back on those six months to a year as a good laugh?"
I don't think so. Of course, as Shaun has gone on record as saying, the obvious exception is an 'eyewatering' figure. I think that would be at least double, if not more, than our previous high.
Won't happen.
Another thing, anyone on here really think SD hasn't been talking to NEM?
Bamps as usual, has made another brilliant point. The AUS govt will want Oz Au and other assets to remain, as far as is feasible, in Oz-centric hands - not least from the perspective of tax revenues and employment protection.
NEM will be acutely aware of that.
So, at (heavy) risk of being shot down, I think NEM maybe will test our resolve, as is their right, with a lowball offer for us (or Hav).
But if enough of us are sensible, hold fast, they will wake up, smell the coffee, see the whites of our BPD's eyes, give up - - and hopefully do something together. Possibly with our BOD running things in Oz...
Paddy said over 2 years ago, selling for anything less than 56p would be a crime. Even he didn't know what he does now!
So, we have now a rock star board who, I don't believe have left more higher profile jobs, for just a rise in salary.
They are all of an age where they have accumulated the experience and skillset to make significant differences in the roles they perform.
We (SD) have acquired them and when you add it all up, it is a board and senior management team that should be running a productive and profitable mid-tier miner/explorer or bigger. Equally, they are all of a age where their next move ie this move, is the one that they would hope to build their retirement on. That would mean getting many multiples of a salary/pension etc package.
For some reason, SD had attracted the best part of a dozen leaders from some of Oz's highest profile organisations.
They can't all be being duped. And if they think GGP is their route to riches, then corporate governance means, inevitably, if they profit their shareholders will, too.
There must be a lot of stuff going on we don't know about.
We know there are many multiples (and mining years) more than the current 6.5m ozs at Hav - ask Bamps what he really thinks! We know how low the AISC is going to be when we start producing. and how high the grades are. We have probably struck elsewhere. We will probably 'buy' a small producer to accelerate getting on to the GDX. And we will list on the ASX. Oh and the BRICS will get their way and ensure a global mechanism for exchange is linked to gold (not the dollar) which is why they (and the Irish - any clues Paddy G?) are buying it. And that alone will push the gold price up as well as other factors which are starting to unravel.
All of those things - combined with our board - give me reasons to think, well, positively for the medium long term.
I have had the pleasure to meet Shaun, shake his hand, look him in the eye and have a 1:2:1 chat with him, albeit briefly ahead of an eager queue. I hope to again next week. Try to yourselves. Every fibre in my body says he straight up. They also tell me he sees GGP as a vehicle to make his fortune which, as I said, legally means it should affect my own positively. Stop sitting on your hands and cross you fingers with good faith!
You don't put a superstar band together to play the pub circuit.
Freddie 'I am invested in GGP therefore I will talk it down and sleight anyone who tries to say something positive about it'2
You are clearly either a complete liar or an utter idiot (and quite possibly both).
Neither trait is a quality, is it?
You are of course entitled to your opinion and no doubt - unless you have been unfortunate enough to have had a colostomy - you have an anus (I'm sure you can make the connection).
And this board would be far more pleasant if you stopped talking out of it?
Shaun has already stated the AISC costs will be 2nd lowest in world at c$650/oz.
But the Cu will pay for that.
Block caving the mine will give it a life in excess of 30 years with over 35m (probably more) ozs of gold
I will add IMHO and DYOR and, that I believe I am being conservative.
Have you noticed that the 10p-a-post, de-ramp mob all write the same way (a lot of them are the same person obviously. But as an observer of writing styles, theirs is incredibly formulaic.. Rarely factual. Usually m=no more than three lines or five sentences and nearly always first person.
Let's break it down:
"I don't know about you..." - classic opening, matey tone, uses 'I' presumptively - assuming that you/we are going to be receptive to his/her opinion,
"...but..." setting up the negative 'meat' of the inanity coming up next.
"...I think..." see, reinforcing 'I' word again and assertion that he/she thinks that you think that what he/she thinks matters (it does not BTW)
"......", in a few words, on a theme: for example, one of today's has been about SD (which means they rate him, BTW).
Followed by a brief concluding, almost slogan-esque summary.
So from the top, an example of the formula for writing de-ramp style:
"I don't know about you. But I think all Shaun Day has done in over a year is drive the SP down. Time he got his wallet or finger out, or I'm out."
Fair Play Tom, just don't do the derampers' job for them. Hope this helps reassure - NOT ADVICE, DYOY
But tomorrow, or as soon as it arrives from my safe pension, am spending £52k on this share. Last time I did that it move it 0.004p so no biggies. But it made me happy and in over one year it will make me very happy.
facts that make me feel comfortable doing this:
1. you only gain or lose money when you sell
2. No one can buy the company unless over 75% of us vote for it - we won't if it's not in our interest. Hydro tells me PIs still have well over 50% of shares. If we do vote for it, it will be over 23p - so I can't fail to make 100% return: digest that!
3. The board 'could' sell Havieron without SH permission but they wouldn't - especially SD who needs the SP to rise.
4. There really, really, really, really is gold down there. A mine is being built to extract as we speak. In about 1 year we will have hit an ore body we still don't know the size of.
5. With our AISC, the copper will almost certainly more than cover the costs - so the gold is all profit
They are fundamentals. One more fact - JPM, and any other twunts who are messing with this share know that too. They are not doing it to wile away the hours or be nasty.
It's a gold mine and we own at least a quarter of it!
Tom E: Why must they do something about it? It's an investment. Gold is still in the ground and the orebody has grown. Biggest worry is a lowball threat, which can be rejected and will be.
Worrying (even if you actually are not) doesn't change things. Equally SD can't just say something to change direction of SP either. Believe in the fundamentals, accept it is being manipulated - the short is somewhere between 64 and 85million on loan and JPM, the MMs and probably even this board are in cahoots - let's see if they are; if they take this post down, we'll know.
Everyone should read Benjamin Graham's 'The intelligent investor'.
We have all, or should have, invested in the fundamentals of this company. SD has shown to be a strong and good leader who has built and continues to build a great team around him. We have a minimum of 25% ownership of a gold mine with I reckon 40+m ozs of gold and tons of copper
In just over a year, ore will be struck and smelted. Before then, we will almost ceratinly have another hit -even if that hit is another Havieron next Havieron