Member Info for tiggerman

Apart from the fact that the SP has not risen, I am also surprised at the complete lack of movement ( in either direction, although I would imagine that as Gold is the only current safe haven on the globe, that it would have edged northwards - maybe just a teeny bit; say plus 5p ??? ), and this has also occurred with a favourable BUY balance of trades.
It does feel as though it is a balloon waiting to burst, but held down by manipulative force.
And with Gold surging up towards $1700 as well.

I assume that your calculations take no cognisance of each ton of mineralised ore producing 0.5% CU,
that is 11lbs of CU at £2-50 per lb .
Should uprate the GGP share .

POG ,,,,,,,, But what abut CU ???????........ Dig up the one and you dig up both.
Gold may be the store of value............. but why does everyone ignore the value of copper.
The extended Hav....450 X 300 X 600 produces ( rounded figures ) 250 millions tons of mineralised rock
0.5% averaged cu content = 1.25 million tons of copper selling at current market price of $ 5,500 per ton
I have no idea as to the net cost of cu , but it is still a huge amount of bottom line dollars ..........jn addition to the gold.
NCM will be mining with their cost reducing block cave systems.
And you still worry about not reaching 5p this week, or 6p next week .Rest easy. MRA later this year will be the BIG SP mover. Good news releases starting hopefully next week will start the upwards roll.
25p minimum in 2020 is my starting point .
Recognise the unique gem that GGP is.
tig

AG. You must have known that I had you at the top of my " industrious contributor " list

Should also have mentioned POG - price of gold. Soaring up to £1657 today, and projected to break 2000 this year. Just adds pennies to the SP eventually.
tig

GGP Overview
Too many newbies arrive on this board and ask daft questions about the SP, when, how much , who etc. This board has a few very industrious contributors who over many months and years have contributed all the information that they need to know, and by doing a bit of back research on the board by contributor name, or searching for informatory links ( easily evidenced in blue print ) they can find every bit of info they need. DYOR as they say.
Only about 1 in 20 Gold exploration ( always AIM ) companies ever succeed, and it just so happens that if you read up on all the broker reports, published company summaries, NCM / CEO statements, GH twitters, RNS’s, etc on the discovered links, you will understand why GGP is certainly the 1 in the twenty , and probably the 1 in a hundred that will succeed….. stupendously. And most of those questions need then not be asked. Description , even made by prominent persons, of “ huge “, “ exceptional “, “ unique “ , “ massive “ , etc. are encouraging , but not price changing. But if you have bought in, then just recognise how lucky you are , and as the oft repeated board mantra states “ Hold For Gold “
Because GPP is an AIM explorer and a relatively unknown and undiscovered share, the SP will remain low until it is exploded by hard facts ( drill results, / JV’s/ buy out offers / Maiden Resource Assessments ( the big one ), factual events,. When some of these hit the official news, then the SP will rocket. At the moment the SP bears no relationship to potential, ignores all the rest of GPP assets , and is a plaything of the MMS. But at least stable.
The MRA, almost certainly will declare a resource of at least 15 million ounces, and in my own humble view considerably more. The boundaries and the gold / copper content of Havieron are still to be established. And most people tend to disregard the copper resource in their calculations.
And at this time there is an apparent 0 pence SP value placed on Scallywag, when again there is a strong possibility that it will be a Hav.2 plus??? . So it is now just a question of time awaiting the roll out of more Hav. Data, ( soon ) MRA, ( later this year ), possible JV’s with ???? ( anytime ), initial revealings on SW ( June / July ), some Tasman activity, and what else.
Patience and Hold for Gold.

tig

I will expect the price for whatever to be at least 1/2 A $billion to 1 billion $s, providing for the costs of next stage exploration, further JV with ........??? , and a modest 5p / 10p shareholder special dividend.
Then hopefully Scallywag will generate an identical JV project.

450 X 150 X 600 @ 1 oz per ton yields 3.5M ozs.
If they do their estimates on the basic dimensions without the step outs, and the yield is 2oz au, 3oz au, 4oz au , or more......... you could still be talking some sizeable resource estimates to start with. Does not stop them digging the mine. and then taking care of assessing the extended / already indicated resources later.
NCM want / need to move fast, GH wants them to move fast, we LTH's will be happy if they move fast. The future is bright.
GH is not going to give our inheritance away for peanuts.
As they say, Hold for Gold.

Sorry - wrong board.
I got out of HUR 8 weeks ago for GGP, and how fortunate I was.

As I dashed off some approx. figures yesterday, and ( Late night speed dial ) got them wrong, I will re issue some hopefully approximately correct assessments on Havieron. Quite a number of this board arrive new, and ask all sorts of Q’s on SP and values etc, so this may provide a starting reference point; - always open to adjustment.
Original Hav. Mineralised rock dimensions. ( couple of minor corrections made )
450 X 150 X 600 metres = 41 Million Cubic Metres
41 M c.metres X 2.7 = 110 Million tons of mineralised resource
110 M tons X 1oz au = 110 M grams of au
110 M grams au divided by 31.1 = 3.5 M ozs of gold
The enlarged Mineralised Rock Resource
450 X 350 X 600 metres = 95,500,000 cubic metres of M. rock
95,500,000 cubic metres X2.7 = 255,150,000 tons of M. rock
255,500,000 tons of M. rock X 1 gram = 255,500,000 grams of au
255,500,000 divided by 31.1 = 8.2M ozs au
@ 2ozs per ton = 16.5 Million Ozs AU
@3ozs per ton = 24.6 Million Ozs AU
@ 5 ozs per ton = 41 Million Ozs AU
And finally at 10 OZS per ton = 82 Million Ozs AU
Previous general consensus seemed to value the SP at around 1P per 1 million ozs, and no-one as yet appears to have contradicted that rough benchmark.
So ( do correct if incorrect ) make your own judgement and take your choice. But all within potential parameters I think.
The resource dimensions could easily expand to 600 X 350 X 600 metres – who knows
Gold at $1640 an ounce; Not forgetting Copper @ $5613 a ton / £4350 a ton. $2.50 a lb / £1-94 a lb. Calculate copper conservatively at 0.5% of the mineralised rock tonnage and do your own sums
$$$tig

As I dashed off some approx. figures yesterday, and ( Late night speed dial ) got them wrong, I will re issue some hopefully approximately correct assessments on Havieron. Quite a number of this board arrive new, and ask all sorts of Q’s on SP and values etc, so this may provide a starting reference point; - always open to adjustment.
Original Hav. Mineralised rock dimensions. ( couple of minor corrections made )
450 X 150 X 600 metres = 41 Million Cubic Metres
41 M c.metres X 2.7 = 110 Million tons of mineralised resource
110 M tons X 1oz au = 110 M grams of au
110 M grams au divided by 31.1 = 3.5 M ozs of gold
The enlarged Mineralised Rock Resource
450 X 350 X 600 metres = 95,500,000 cubic metres of M. rock
95,500,000 cubic metres X2.7 = 255,150,000 tons of M. rock
255,500,000 tons of M. rock X 1 gram = 255,500,000 grams of au
255,500,000 grams divided by 31.1 = 8.2M ozs au
@ 2ozs per ton = 16.5 Million Ozs AU
@3ozs per ton = 24.6 Million Ozs AU
@ 5 ozs per ton = 41 Million Ozs AU
And finally at 10 0ZS per ton = 82 Million Ozs AU You never can be certain ???
Previous general consensus seemed to value the SP at around 1P per 1 million ozs, and no-one as yet appears to have contradicted that rough benchmark.
So ( do correct if incorrect ) make your own judgement and take your choice. But all within potential parameters I think.
The resource dimensions could easily expand to 600 X 350 X 600 metres – who knows
Gold at $1640 an ounce; Not forgetting Copper @ $5613 a ton / £4350 a ton. $2.50 a lb / £1-94 a lb. Calculate copper conservatively at 0.5% of the mineralised rock tonnage and do your own sums
$$$tig

As I dashed off some approx. figures yesterday, and ( Late night speed dial ) got them wrong, I will re issue some hopefully approximately correct assessments on Havieron. Quite a number of this board arrive new, and ask all sorts of Q’s on SP and values etc, so this may provide a starting reference point; - always open to adjustment.
Original Hav. Mineralised rock dimensions.
450 X 150 X 600 metres = 41 Million Cubic Metres
41 M c.metres X 2.7 = 110 Million tons of mineralised resource
110 M tons X 1oz au = 110 M grams of au
110 M tons au divided by 31.1 = 3.5 M ozs of gold

The enlarged Mineralised Rock Resource
450 X 350 X 600 metres = 95,500,000 cubic metres of M. rock
95,500,000 cubic metres X2.7 = 255,150,000 tons of M. rock
255,500,000 tons of M. rock X1 gram = 255,500,000 grams of au
255,500,000 divided by 31.1 = 8.2M ozs au
@ 2ozs per ton = 16.5 Million Ozs AU
@3ozs per ton = 24.6 Million Ozs AU
@ 5 ozs per ton = 41 Million Ozs AU
And finally at 10 OZS per ton = 82 Million Ozs AU
Previous general consensus seemed to value the SP at around 1P per 1 million ozs, and no-one as yet appears to have contradicted that rough benchmark.
So ( do correct if incorrect ) make your own judgement and take your choice. But all within potential parameters I think.
The resource dimensions could easily expand to 300 X 450 X 600 metres – who knows
Gold at $1640 an ounce; Not forgetting Copper @ $5613 a ton / £4350 a ton. $2.50 a lb / £1-94 a lb. Calculate copper conservatively at 0.5% of the mineralised rock tonnage and do your own sums

450x150 x600 produces around 100 M tons of processable ore @ 2grams gold a resource of 2 M ozs

450 X 350 X 600 produces around 255 + M tons of ore @ 2 grams per ton 5 M ozs +
@ 3 grams per ton 7.65 M ozs
@...........gpt ??? M ozs
Dream away tig.....................................................................

Maybe cut, but very significant. "" working flat out now...... "", we are going to see a lot more meat on the bones "" ........"" soon be realising real shareholder value ""........
Great attitude and tone of voice. He would not be addressing in this way if he was not pretty sure of the ground on which he was treading. If I ever needed my confidence to be re-assured, then this would be doing it.
On a mining knowledge basis, there are a lot more holes being drilled,,,,,,, so a lot more results to be soon declared. Are some of these now imminent, or are we still weeks away. Lots for Havieron ????? and presumably some more from Scallywag. What is the anticipated timeline?????
The SP will respond to good news, and it is hard to imagine that it will not be good....... or extraordinary.....or stunning........or quite exceptional.

$$$tig$

Dont you mean Scollywig ???

KNowledgeable corporate finance men, ....give us the benefit of your advice.
So NC buy the Havieron resource....... presumably that will be a cash sum , as they will not be buying out the shareholders.
Is the suggestion for that a sum of around 25p a share ... say £900,000 ??? GH could do that deal without a shareholder vote I presume.
WE sharehol;ders would then be valued at 25p a share PLUS whatever remained .......... and what is that worth??? Has to be 2 or 3p.

OR NC buy out the GGP company and make an offer per share......... that would have to be somewhat more, and would require shareholder agreement. And we end up cash in hand.

Informative comment welcome..............

Just hit $$$ 1680 $s this am.

It can only help the SP.

$$tig$

POG has hit $$$$1645 $s an ounce. Where will it stop.
I suspect that the global damage being done to world trade by coronavirus is starting to take effect.
It is not going to go away in a hurry.

Before 14th February 2020 the POG was below $1570s.This morning the POG went above $1633 s. General momentum seems to be northward. Every plus $ is a $ on the bottom profit line,.
All very encouraging.

$tig$

As only an uneducated non-tecchy, it seems that calculating the MRE is not that difficult once the requisite number of assay drills have been done across the new horizontal and vertical dimensions . Once they
have been completed. they can then do the cubic metres and converted tonnage of resource ore ( I think even I could do that and certainly Bronze and Johnny Evans seem to be familiar with it ). Then apply the appropriately calculated x/y/z/ ozs per ton , and bobs yer uncle.
And that should be available well before Xmas.
As the new mine dimensions are due to be much greater than those used in the calculations so far , and the apparent x ozs per ton seem to be generally above average so far, then we are in for an MRE treat.
Ice the cake with the exploding $$$ POG, and I guess that NCM and GGP will not have too much difficulty in arriving at a " fair and equitable " deal , that will keep NCM happy, GH delighted and me/we/ the LTH brigade ecstatic.
$tig$