Member Info for therealengineer1

Am I reading the resource update correctly.. has Shaun just added 3m oz / 400 k oz…. Around 7.5 years to Telfer?

I’m 40% down nearly here having thought of this as reasonably solid utility investment… all these renewable investment vehicles are suffering. Every day share buy backs and everyday the shares drop a little more… what will it take for these investments to reach NAV?

FCA needs to take a look at the way TGR was being run as listed company prior to the recent changes.

A ‘campaign’ in a processing plant is just running the plant solely in that configuration. So 2 weeks on havieron with telfer configured to process that and two weeks on telfer ore. I think bamps has previously mentioned the differences between the ores. Hopefully the DFS will optimise this processing route and the two trains at Telfer give great flexibility.

I only keep this share as a warning to my self not to get sucked into a promising story in dubious jurisdictions.. I think my first purchase was 120p….I gave up averaging down a long time ago. 98.94% loss. Still…there’s always jam tomorrow.

Fascinating what Google turns up on some of those names

https://warmelpdstageodocspub.blob.core.windows.net/gswa-publications/gsdrpt97.pdf

Mentions 2 pods of mineralisation under the western dome and (bless) the havieron first drill at 12m 2.2g/t.

With Backdoor, the West Dome deeps. The 5moz resources that were uneconomical in 2013 @ 1250-1400usd/oz prices no wonder Shaun has a smile on his face.

Well that’s it for me, last top up made..anymore and I move away from a nice round number. Average down to a reachable number now.

Well I guess that 2nd RNS answers that one

So we’re expecting when the shares to newmont are admitted to market we’ll be a 1billion gbp company approx. or the share price will drop to keep us at the current 700 ish million?

Yes, if they include the scope 3 emissions of the sources wressle oil replaces including the production and transport. The wrestle oil will be much greener.

I also expect those updates to be clear in terms of production figures, revenue, costs etc.

So from egdon results it looks like less than 80 barrels equivalent per day from wressle. This is still significant revenue.

Offer is under corporate actions on ii

Supposedly live on interactive investor, ‘can submit instructions online’ but I can’t see how. Anyway I will enquire further

Has anyone seen how to access to the retail offer. I’ve seen nothing on ii yet.

Does anyone know from AIM rules how long we can remain in this suspended state before any action is taken?

No production forecast that I could see for wressle. Or historical weekly or monthly production…

Solg up strongly (18%) on 750m finance package. Where will we be when the dust settles?

With reference to the below..reusing an existing facility for the most part is the ‘greenest’ thing to do. Minimum new concrete and minimum new steel. So Telfer is a key piece of infrastructure. Yes GGP can build new and maybe it would be more efficient but not ‘greener’.

‘There has been lots of talk about Telfer being the epicentre of processing for all the miners in the region - Twiggy will build a "green" processing plant very near to Havieron and it will be capable of processing everyones ore. Timescale for new plant build with associated infrastructure, 2-3 years possibly 4. By the looks of things others in the region will not be looking to have ore processed before that.

Wyloo are promoting themselves as greener than green. ’