Member Info for tiggerman

Timber,........ like myself, either you believe that Spy is only the messenger of passed on news / chat / gossip, or you totally disbelieve the man. What he is not is the authoritive confirmation of what he has been told. I take Spy for an honest conveyer of what he has been told,............ yours is the choice of whether it is fact or rumour. I have a friend with a brother in Perth. I get passed info from his occasional telephone calls . Some ( now absent thank god ) clown called Ernie / Arnie chose to abuse me for conveying what I was passed on. Speaks more about him than me. It is all grist to this splendid board.
Tig

.....and to the $$$millions. And speed up Scallywag. 2 or 3 good initial drills should electrify the SP

Minerals Council of Australia (MCA) is pushing the federal government to introduce reforms to protect the minerals industry and fast track Australia’s post-COVID economic recovery.
The reforms are part of the MCA’s priorities to accelerate economic recovery in the sector.
The MCA has weighed heavy emphasis on the mining industry’s major contributions to the country’s economy, declaring that projects need to be fast-track to increase regional jobs and investment.
“Our world-leading minerals companies are hampered by regulatory duplication and overlap, while projects take too long to be approved – denying regional communities jobs and investment,” MCA chief executive officer Tania Constable said.
“Expediting environmental assessments and approvals, reforming greenfields agreements and expanding incentives for exploration will also help realise and refresh the potential pipeline of new and expanding mining projects.”
The MCA suggests Australia could be looking at a $100 billion investment pipeline of coal, iron ore, base metal, critical mineral and gold projects, plus ‘tens of billions of spending’ which will keep the industry afloat.
Constable stressed that Australia cannot afford to fall behind other mining nations who are looking to take a larger slice of the pie as the world recovers from the pandemic.
“In this context, Australia’s company tax rate of 30 per cent is too high and not internationally competitive,” she said.
“Future mining investment should not be put at risk by any move to increase the already high burden on the sector. In particular, the fuel tax credit scheme, which operates to avoid taxing a vital business input, should remain in its current form.”
Australia’s mining sector presented record highs in company taxes and royalties during the 2018-19 financial year, cashing out $39.3 billion in total.
As other industries crumble from the pandemic, the MCA expects many to jump ship to the minerals sector, which will require new skills and training.
Skills and training needs will require a particular focus, including retraining and reskilling entrants from other industries affected by COVID-19,” Constable said.
“While world economic growth is expected to contract sharply in 2020, the industry’s ability to keep operating through the COVID-19 crisis has positioned it strongly to take advantage of the global recovery and the ongoing resources demand of developing economies.”

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Zoros, it could well be another Telfer, another Kalgoorlie or another Scallywag - in ascending order of course, , BUT.....
do I spread the risk ???? or just back the favourite in a one horse race , where the pay out odds are huge..
If NCM buys Havieron, and pays me a 10p / 15p special divi, then I might move in on some selective Gold Spread.
But FACT .......Artemis , for all the promise, are not going to faster than GGP. But I like the thought

Tig

Alistair Ford comments on the CERTAINTY with which NCM are pursuing havieron is greatly encouraging. He would rather be in GGP ( the only explorer he mentions other than Antemis ), than any retail stock.
Should not be too long now before some factual data is put upon the table.
Patience .
Tig

As a somewhat old hand on this board, I find it irritating that a whole bunch of new arrivals start slanging off, abusing , arguing offensively etc....... Let me remind you all of some facts.
You are incredibly fortunate to have found a unique exploration company with an exceptional dicovery, in a JV with one of Oz's largest and most successful miners , with a massive potential future, supported by broker comment that is only ever positive.
You are on an exceptional ( unique ) board , that has incredibly knowledgeable contributors that , providing you do a little back research reading of their work, watch their U Tube , the accumulated links to company CEO statements, go on the company websites and read thoroughly, and take time to aassimilate info from the guys on this board who know what they are talking about.
Understand that this is still a small aim company , who have still not had their prospect valued independently, and in which Institutional Investors do NOT invest until this sort of info is officially published. 19 out of 20 AIM explorers fail. this is now the 1 in 20 which has a future. Technically still a gamble. To the well read and researched LTH's on this board , it has essentially been derisked, but we still need time and patience. To the world this co. is virtually unknown. To us, it is a hidden gem which will soon hit the investment headlines.
The SP reflects these facts. So far the SP has done very, very well. But this is early stage. Brilliant drill results - soon expected, and an MRE that confirms the Telfer / Kalgoorlie size of this prospect officially will propel the SP up towards its true value.
Stop bickering, do some work , read, DYOR , instead of being lazy, and be grateful that you are on the finest and most informative board on the globe, and in one of the best prospecctive exploration companies in the last 100 years. And if you have even the slightest knowledge of investment, you should know that nothing , but nothing , is absolutely certain. Covid 19 has just exemplified that.
I would not wish to be in any other share at this moment.
So stay calm, be courteous, and recognise how lucky you are.
GOOD MORNING FELLOW LTH's. The sun is still shining.
Tig

Good morning all fellow civilised contributors. Another sunny day.
Mrs Tig sends her kind thanks to all who sent her best wishes on her b'day. We had a whole load of guests through the day , drinking my prosecco, and amongst them my good friend with a bro in Perth. Sorry to tell you that there is nothing new.
But that matters little. As Maximus reminds us , we are starting to tread new territory,.............. we know not where and what at this point......... but GH has our interests at heart, and NCM are not looking for a punch up. Whatever deal is struck, I do not think there will be many who will not be reasonably content. In fact there is some reason to be content at this stage . Not bad SP growth so far .
I do not see GH relinquishing some of his potential crown jewels, and I do not see him as anxious to become a miner...........
so the company of GGP should continue ( ever upwards ) but minus the massive stage 1 success of Havieron. ( sold for the approx $$$ 1 billion - ish )
The NCM relationship will continue, and X months from now , we will all be debating whether Scally is 20 million, 30 million or 40 million ounces / lbs , and then where do we go next. Such a prospect I relish.
And hopefully a divi of sorts .
Regards from Mr & mrs Tig

GH yesterday provided us with what we needed........strong....very strong ....reassurance on the GGP pathway....news.
WE knew it was thus, but it is always good to hear from the horses mouth......... particularly on video , where you can get a read of the way it is spoken as well as the content. Not that I ever doubted, but I did sleep well.
And patently Sandeep will have rubberstamped the message.
Too early to know what the SP will do on opening, but with such positive feed, the stable , steady progress should continue.
And the way this board is achieving fame, - soon it will be essential reading for the City.
But not too early to make sure the prosecco is on ice ready for a bucks fizz breakfast for Mrs T, on her 75th.
Good wishes to all for a strong day.
tig
And .....sorry...... Good Morning to all you early risers. I am finding it to be a very civilised time of the day.

Have just listened attentively to GH, and what gets me enthused, excited , gripped is that it is exactly the language that GH is using . Amazing, fantastic, high grade, a rare discovery, keeps giving, a lot more to come, .......- and there are no cautions, no conditions, no negatives, no embellishments , no restraining caveats, ......... how often do you hear a CEO speak in this way.
My take on what GH was saying, and understanding that this was not the time to be releasing any confidential data, is that he sees this project through with NCM to stage 4 completion, sells off the next 5% at what he infers is going to be one hell of a price. Any fuding required for the share of the final 25% will be raised as debt funding on the market , and the 5% sell off proceeds will be used for funding GGP's next stage projects starting with Scallywag. Some of that money will probably be returned to the shareholders in the form of a special divi.
He acknowledges / confirms that EVERYTHING will proceed at maximum speed / fast tracking , to get the mine up and running, ( and that would certainly appear to be an agreed policy with NCM ) and that Scallywag should be initiated in the fairly near future ....-....sooner rather than later.
I would say that that was a pretty exciting map for the next two / three years. Will be surprised if the SP does not now cruise up to around 13p this week, and then ....... news and more news to push it up further. Todays news release is obviously with Sandeeps agreement, and it sounds to me like the two of them are pretty much in unison on where they are going , and the 5% should not be a major divisive problem. With POG accelerating north, the future looks bright, and am I not glad that I am on board, particularly with such a fine bunch of fellow contributors, who cross the t's and dot the i's for me.
My lovely and tolerant wife hits 75 tomorrow, ..... the smoked salmon, the prosecco ( bucks fizz ) and croissants on the patio in the GOLDEN sunshine . What more does a man need.
My exceedingly good wishes to all my patient contributors. .........but why did the SP not jump 2 whole p ?????
Tig

Stuart - Sorry about your back. Can you not lay down and just dream about about somethingelse. Any suggestions.
I am looking forward to buying you a pint in the Stag on The River, - when it opens . Just as a matter of interest, it is only about
100 yards from the HUR head office . It was HUR money that allowed me to top up big in January , when I got out before the oil price crash. A very lucky move.
tig

Hi Stuart, - you are in the sime mind frame but obviously younger and quicker off the start line.
tig

Just waking up , looking forward to another good progressive week. with GGP continuing to stabilise, and maybe some more news. Bouyed up to see POG at 1760 $$$'s . the POG has all the mechanisms in place to continue up through the 2000 $$$'s barrier , and quite apart from everything happening right at Havieron, this revaluation of Gold is just puttin icing and cherries on the cake.
Good morning all, and so far , it seems as if it is going to be a good morning. Am only up early to make sure I get in the first ten in the Sainsburys geriatric queue . A very civilised way to shop.
Roll on GGP .
tig

Corradus - I too am a simpleton technically, and this sort of description is right up my cave mining street
Thanks tig.

Just note the very carefully and judiciously selected use of the word """ PRELIMINARY""". It would never be inserted were there not good known reasons.
Hannam sets the value of Havieron at a " preliminary " US$1.67bn, and estimates that Greatland’s share of the development costs is likely to amount to US$33.9mln.
tig

Both upbeat and downbeat POG comment. In OZ $$$'s. I personally dont think there is too much downside myself, other than investor sell off to meet trading margins. The general trajectory will / should remain northwards.
Mining News.
Australian gold prices have climbed back up to three-year highs, hitting $2673.56, according to data from ABC Bullion.

Prices last week slumped to a stagnant $2611.57 on May 9-10, rising minimally to $2618.50 on May 11 before taking off again on Thursday.

This is preceded by a price jump to $2671.62 on May 4 before progressively zig-zagging during the remainder of the week.

Gold producers Silverlake Resources and Saracen Mineral Holdings sat second and fifth, respectively, on Australian Stock Exchange’s top five gains on Friday (May 15).

Silverlake Resources’ share rose by $0.12, or 6.08 per cent, in value to $2.09, while Saracen gained $0.23, or 4.87 per cent, to $4.95 per share.

Comparatively, the United States gold price hit $US1732.53 ($2682.02) at the time of writing, continuing the attractive exchange rate for Australian gold producers.

DailyFX analyst Dimitri Zabelin said the roller coaster action of gold prices might suggest that gold might be heading towards the long-anticipated price slump.

“Digression aside, gold prices have managed to rise a little over 17 per cent from the December 2019-lows and was helped by a steep, upward-sloping support channel,” Zabelin said.

“However, recent price action suggests the precious metal may be losing steam as it trades within the range of the slope of appreciation.

“If it cracks under the weight of increased selling pressure, XAU/USD may encounter some downside friction between $US1671.81 and $US1671.84 before turning lower.”

Tig - up with the lark again. Covid 19 neems to changed my lifes routines. Or is it this magnetic gold thats done it ???

The GGP board is the liveliest board on the globe. NCM have GGP as amazing JV partners . Yet NO-ONE BUT NO_ONE ever posts on this board.
NCM are hugely successful and going places.
Why no bulletin boarders.???
tig

OK Stuart , kick me in the crutch, and you may well be justified. But two things, - I am an eternal optimist,- and you try and do any calculation ( and a complex one at that ) where nearly every constituent figure is essentially infinitely variable - mostly on the upper sides and unknown.
And I am not a mathematician.
I am however an experienced investor - very well researched, and my instinct puts this quite unique share on a stratospheric trajectory .
The timetable like the calculations are impossible to predict with accuracy, but my nose puts me on a minimum 35p and I suspect somewhat higher by the year end.
Worth waiting for , and a fun ride, and in lockdown, what else can a frustrated mind do but paint the patio tables and chairs in between reading and contributing to this board. Like many here, I am not poor, but GGP is going to do wonders for my children and grandchildren.
Keep smiling.
tig.

Joe bass you are absolutely right on the button. GH , CB , and we the shareholders own the rights to Hav, and is ours to sell. It started from an unknown base, with no value , an d we did a JV with NCM to help pay to progress its exploration. NCM deserve their share. Only a question of how much.
So take a hypothetical gold discovery of - lets say 30 million ounces, ( possibly more ), other adjacent prospects, in a stable political environment, with local availability of mine ore processing, airport, accommodation, gas, water etc , high grade ore, 15 to 25 year potential life, POG at a minimum of 1650$'s to 2000$'s and rising, and put a value on it - to a company that really, really need it. But remember GH and ncm are good working partners with neither out to slay the other.
Total value has to be in the several billions . So say 2 billion . 5% ( for fair and equitable value) would be $100,million.
That puts a remaining 25% owned by GH and we the shareholders as about $500 million ( $600 million in total ) and I would say that was minimal, as we are still uncovering more ore.
It is going to be down to the MRE.
At the end of the day GGP is an explorer and not a miner. Sell our share to NCM and move on to Scally.
Later this year hopefully.
tig.

But if they do East Ender, they will have to buy shares and drive the SP northwards..... like a rocket.
Tig

NONE OF US KNOW IT
WE GUESS IT , CALCULATE IT , HYPOTHESISE.
BUT SANDEEP DOES KNOW AND HE IS ECSTATIC.
READ THE KNOWN FACTS
TIG

GGP as a company is only 2 men ......the exploration brains and a couple of boys.
NCM ARE THE mining brains. GGPwork with them, not for them.
a brilliant set up who have struck the proverbial prospect licence gold. Let others do the digging.
Tig