Member Info for Sungam

I remember these fanciful figures when greatland struck the big time. Then reality struck.

Greatland have the cards and the time and would expect a lot more work carried out by WSBN. GGP Management have huge experience and will expect a cracking deal to proceed in a JV.

Need to be realistic on negotiations as Greatland have all the cards realistically. Then its down to the quality of WSBN management

I have 😂

One core was very green!

It will be leaky as anything. A decent spike before news

Topped up today. SIPP and ISA.

Its a risk but potential is huge

Yes they will all head in the right direction from here.

A template seems like its being followed very carefully. Investors will likely speculate earlier for rises as appreciate this is over an extended period of time but still valid. Greatland will very likely do a deal if grades are good, as of course they want ore for Telfer and Mr Day is a prolific deal maker.

RNS 2nd December 2019

·; Outstanding, high-grade results from Newcrest's drilling campaign at Havieron significantly extend zones of high-grade mineralisation to the north.

·; Step out drill hole HAD023 intersects high-grade mineralisation 300 metres north of HAD005:

o 107m @ 2.2g/t Au from 656m, including 21m @ 10g/t Au from 665m (HAD023)

·; Newcrest has completed Stage 1 of the Farm-in Agreement (US$10 million in expenditure) and has commenced Stage 2 (additional US$10 million in expenditure).

·; Six drill rigs to remain operational during the Australian summer period (December - March), subject to adverse weather conditions, with a planned two week shutdown over Christmas

RNS 1st October 2018

· Significant mineralisation, visibly similar to that previously intersected in HAD001, has been observed for approximately 239m in the first hole of Greatland's current drilling campaign at Havieron (HAD005);

· Geological inspection has confirmed HAD005 has intersected mineralised brecciated calcareous limestone and sandstone with massive pyrite, chalcopyrite, pyrrhotite and quartz veining, from 458m to 577m (119m) and from 662m to 782m (120m);

RNS 27th July 2018

· Placing and subscription of 212,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") in the capital of Greatland at a placing price of 1.25p per Ordinary Share, raising gross proceeds of £2,650,000;

Actually impressed. This is a responsible approach considering shareholders.

120m really isn't a lot. Quickly absorbed

Lenigas mentioned the foreign exchange on X didn't he?

"The strength of the British Pound versus the Australian dollar (1.0 GBP gives 2.07 Australian dollars) means that this fundraise equates to nearly A$3.1 million which pays for a lot of additional drilling and expands our exploration activities well into next year."

They take his advice seriously. Good raise

Africa..... The continent of certainty there. Jurisdiction is everything.

Which is why i am taking a punt with what i can afford

Having been invested in GGP since 2017 I must admit there are some significant attractors to WSBN although after 7 years of ups and downs, expectations should be tempered.

- Firstly nothing is certain until those core results. However, as for GGP's HAD5 drill results the guys on the ground will know from their experience and tech what the indications are and obviously they seem incredibly positive.

- GGP offers a great template for WSBN. How to to proceed, continue, raise finance, obtain permits etc. Its all there in their RNS's. Its incredibly important to get the management team in place over time too.

- Again to emphasise tempering expectations GGP are now the 'Newcrest' and do hold 90% of the cards. They simply do not need WSBN with a lot to be getting on with. However, if you look at their management history you will see they are definitely deal makers. Shaun Day is very pro-active and was so at Northern Star. Undoubtedly, GGP or any other investor will expect WSBN to finance their own proving up / exploration drill costs. JV could be in achieved for this similar to GGP - Newcrest set up but the pace will be far slower than Havieron.

Ultimately WSBN Market Cap is very low which is why i'm investing before the results but realise its high risk whatever the rampers say on this forum. I would advise looking at GGP thread and reading Bamps posts in particular although i disagree with his opinion on potential collaboration between GGP and WSBN (ore is ore...) he speaks total sense and has incredible insightful knowledge.

I will say that those cores do look rather green. As GGP shareholder I would think the company would take serious interest in a good local discovery to reduce AISC and the CEO is a deal maker. Hopefully these results will strengthen GGP share value too.

No more or less than anyone

Very good of you to try ChartaRex. Lenigas is a great barometer of what to avoid!

Its insane reading through the BS on the WSBN thread. I imagine a few desperate gamblers will be losing their money with the targeted hyping and lies being told. The only reason i mention it here is that GGP is being used to advertise this theft. Thats GGP reputation being used to raid peoples investments and savings.....

It epitomises why AIM and LSE is a cesspit.

Important to do for the Mrs

I have a very small investment in Antipa and have majority of my investment in Greatland for what its worth.

Our business is obviously feeding Telfer in whatever way possible that is as economically beneficial to the company. It could be cheaper to collaborate with Antipa than Havieron in the shorter term which isnt a problem as far as i see and may not be that costly as part of a collaborative approach. Antipa also seems to have a higher grade from surface from their presentation. Of course they will need to raise a large proportion of funds themselves.

Havieron being developed in the background will happen either way. Any avenue to provide ore to Telfer!

Thats not the approach that got us to where we are today. I think with hindsight the Havieron development has worked out well for both Greatland and now Newmont. We are building up a very decent cash reserve and could take a further stake in the company or Minyari Dome Project. Dont think Mr Day was fond of the set up he inherited mind you, but it worked out well once ironed out. An offer for Minyari Dome Project would probably be preferential and base it on lessons learned from Havieron.