Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There seems to be posters that bring up so called problems I believe 1) Newcrest have the technical expertise to over come any so called problems). 2 We have known since day one that the ore needed to be transported to Telfer and the likely cost and newcrest have just signed a new transport agreement). (3 I also believe there is a lot more gold than 3mozs and high enough grades to make it economical for Newcrest to mine and
I know that the SP has not responded to excellent drill results gone up then back down
again. However the more and more excellent drill results are out there this will eventually lead to a tipping point and even the most ardent doubters will finally have to final recognise that GGP have found a major gold find and the SP will then start to rocket ,..
Bunsen burner 123 To carry on my message to you
GGP has a JV with Newcrest mining where they will spend 65 million dollars to proof up the extent of gold site. At present the boundary of the gold site has not been found. Newcrest are working 24/7 continue to drill including during the Australian summer months to find these boundaries. Again I will say the amount of gold will be very large. Hope you will take this opportunity to invest at this ridicules low share price.
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Bunsen burner 123 look up primous RNS for 11/12/19 this will give you an idea how much the SP can increase. We don't know at present how much it will go up, we will know this when a maiden resource report is made in2020. This can only be made when we know the amount of gold that is found (it will be very large )
GGP has an
In the interview with CB and GH on proactive they talked about a vertical hole which after going through the soil cover of 420 metres and then went straight down another 950 metres with continuous mineralisation for the whole of the 950 metres. Do we know which hole this is and have had drilling results for this hole?
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I totally agree with the rns but why now? Maybe it's pressure from the shareholders on the CEO to justify the investment or maybe even to sell at a loss . The CEO thought at the time it was a cracking investment and with the excellent drilling results he thinks it's even more of cracking investment. The CEO along with GH is flabbergasted that there has not been a significant increase in GGPs share price.
I know of one large investment company that is allowed to invest in companies on aim that is Schroders who about 2 years ago invested 3 million pounds in Columbo energy maybe GH should have a word in their ear.
HAPPY CHRISTMAS 20 MILLION TIMES TO ALL
In my mind it's. 1) Wait and hold your shares whilst Newcrest crack on with the drilling.
2) Then how much GOlD Newcrest have actual found in the ground. 3) Then how much 30 per cent of this GOLD in the ground is worth to GGP. 4)Then when will we get the maiden forecast of the reserve at Haverion. Happy Christmas and new year to all.
Thanks again paddy for your valuable work and thanks again for your link to hotcopper . That chap may or may not buy into ggp but what I took note of was he mentioned newcreast working in the summer must be very unusual for rigs to work in the summer. Has we know work has started on HD45 with at least 6 rigs working 24/7 how long will it take them to complete 100 holes ? Would appreciate your views on this matter. Thanks again. Thanks
People on this board often compare ggp to sologold
I was not a shareholder of any shares at that time. Can any body tell me the size of their find. Was there any processing facilities near by and how long did it take to produce the first gold. Thanks for any help in this matter.
I like to deal in facts and I know its nice to speculate about a take over but this will depend in the end on results on the ground and amount of gold found. Newcrest have made rapid progress and now they are continuing to drill during the summer down under , I expect them to have completed stage. 2 by early march 2020 1 year ahead of the agreement with the ggp I think they will build a mine and how fast they intend to reach this target will be shown by how many more drills they put on site in the new year. I look forward with much confidence to Newcrest quarterly report on 30th January 2020. Till then happy christmas and new year to all ggpers and look forward to a prosperous 2020 to all of us who hold on to our typical by shares.
How long has telfer got? In 2019 Telfer produced 452K oz of gold and 15KT of copper
I think they got 1253 dollars per oz. for the gold a lot of bucks in any language!!!
If they are using low grade ore they must be really depleting their stock of remaining ore rapidly So as they say in shop sales once it's gone it's gone. That's a lot of revenue to lose once the ore is gone. I cannot get figure for the remainding ore from Newcrests site on my tablet so it is only a guess 2/3 years so they need our ore pronto. What do you think.
Paddy great work many thanks. Can you tell me the area of this find at present. If we take HD05 I know to the north the latest hole is 300 metres and still open. What
is the distance from HD05 to the south, west and east and are any of these still open? Thanks again for your work.
Could someone please write a letter to the CEO as sareum as there is a code of silence from them. We should ask politely to reply to this or if not issue a RNS. Asking for the following 1) The current financial position of sareum and if they plan in the near future to look to raise capital 2) What the current position is regards to the next payment from Serrria and what needs to happen for this payment to be made and the amount expected 3)What is the criteria for options for to be given to directors etc. ie progress made etc. 4) An upto date report on the progress made with sareum other projects I hope other LTHS agree that we have been kept in the dark to long this is not a private company and we have the right to know the above GLA u