The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Can you copy and paste that into an email to Greatland for Shaun to use in his presentation on Thursday Bamps/Speedy ?
Lot of news just in the Nickel of time with Gold going up as well
Sorry Nick that should be…..
We should get the missing four holes this week Tuesday, Wednesday or Thursday
‘ four holes at the Parlay and Saddle Reefs targets on the Black Hills licence ‘
Early November SD said
didn’t get them last week and next week isn’t early Nov !
Plus he is booked in for interview Thursday after hours
Also don’t forget !!! that some one mentioned few months back, planning has gone into local OZ Government for that area for road infrastructure . Wonder why ?
Hold the line Greatlanders….
God might we get a weekly close above 1800 !!!
They always make sure it goes under 1800 on a Friday for the weekly close….
Interesting
Asking them what’s the current time scales of when drill cores arrive on site before the customer gets the results from them
They are presently working on 10weeks turn around
Then add how long those cores are in the core shed in the Patterson being scanned before they get them.
Plus then if it’s GGP results time they look at them to study them and then they do RNS and get prepared for a SD video interview
If it’s NCM drill results and a result comes back just after an update
An assay could literally take 4 months for us to see it time the drill leaves the pad. time you add core shed time and just missing an update.
Not much detail there in the wording then for such an important purchase boys ?
So is it 5% value of just Havieron and any other hit in the Hav license or just Hav ?
Or is it 5% of what’s listed in the PFS as that’s the proven Value ? a fraction of a fraction ?
Is this why we got that PFS written that way….
Is this why Shaun stated in the video interview the other week he is not happy with the wording of the agreement and it’s something he has inherited and wouldn’t of agreed to……..
Is this why MRE is delayed until new year so that 5% will be bought in Dec before MRE update ?
I don’t know boys just being devils advocate but Shaun is not happy about something and if that is the only wording about a 5% purchase of our main asset Hav or licence or our fraction of fraction , do you see what I mean ? I can see why SD is not happy with that wording unfortunately
Business is business whoever we are dealing with and Newcrest will want to pay as little as possible.
Subscribe and you will be alerted when they upload a new video
https://youtube.com/channel/UC0mDvG-zgbYZQrExCRMBwuw
Just one video in there so far
MH01
Where is the actual wording written of the contract between GGP and NCM on this purchase of the 5%
Could you copy and paste wording here and put link
Is there a copy of the detailed contract available to Pi’s surrounding the 5% fair valve, so we can see the wording they have put to define what they mean by fair value ?
I was thinking this morning is it a 12.30pm Tuesday RNS day Mickey
https://youtu.be/Mc90gdV4fcQ
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, because that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
/lebugue-addick thanks for link
SD got asked how much of the 65k metres of drilling has been completed he said 50k
On the satellite images have we still got 8 rigs spinning on the Hav license ?
Anyone counted lately ?
Does he mean 65,000 not 90,000 in RNS ?
Aren’t we trying to complete 65,000 this year and then move onto the 90,000 that was announced to proceed after the 65,000 ?
Unfortunately GDXJ etf sold 2 million GGP shares in Mondays trading
Think someone posted they saw someone selling into the rises on Monday in 100k clicks
I guess it was the ETF selling off
Fingers crossed for tonight…
Keep in mind that the 4 Holes we announced on the RNS on the 1st of Sept at Juri
Also had written on that RNS that 5 more drill holes are already at assay labs and will be back in the coming month.
Now Shaun said last week/ this week these 5 will now be back beginning of November.
So that’s plus two months from that RNS plus however long they had been in the lab already, seems they are falling further behind than catching up at the moment as they get the new lab up to speed, so don’t get to excited about how many holes we will get next week but let’s hope we get loads but being realistic the evidence is telling you they are still in a period of 2 to 3 month return on assays in the labs and possibly why the MRE might get delayed until next year.
I hope I am proven wrong…..
The drill results coming early Nov must of scanned up nice in the core shed….
;-)
Outstanding drill results from Goliath, Outmind and Los Diablos
May be we get these next week ready for Shaun’s interview on LSE ?
We are not just about Havieron ;-) we are also about the next Havieron as SD seems confident there will be another in his wording in this week’s interview.
Taken from 1st Sept RNS
‘ Gold assays have been returned from the Goliath and Outamind hole, with some multi-element results from OMD001W. The remaining gold and multi-element assays for these and both Los Diablos holes are expected in the coming month. ‘
Shaun video drag to 1min 45secs
‘ and create the Next Havieron ‘
https://youtu.be/65pYtW9DVus
Paddy
If your thoughts are correct and the next drill results are off the chart…
Maybe the reason for a slight delay of the MRE SD mentioned, so they show in the new MRE, so it’s not another year before they get added to the MRE ?
SD said I am sure
when we find the next Havieron type deposit,
not if, it was like his answer was that was going to happen.
Did anybody else hear that bit ?
That was not his exact words but what he inferred to a question reply which sounded very bullish, almost confident to the point have they already ? need to listen to it again when it comes out on YouTube.
He was very confident