Member Info for tiggerman

Now hitting the $$$$1620's ..................every plus $ is a $ on the bottom line.
And good news is always better than bad news.

$$$tig$$$

Price of gold moving inexorably upwards ........ $$$1612-00 a few moments ago.
Every dollar a prospective bonus,

tig

1602.60 dollars ..........new York,ons

There seems to be a general approximated understanding on the current Havieron gold valuations based upon 2 / 4 / 7/ 10 / 20 / 30 gr per ton of ore at around the 1p SP multiple .................OK,.... but is nice and simple.
but what about the copper. My simple recollections are around 0.5% CU on the 600,000 ton s of ore on the base Havieron prospect, with copper around £3,000 a ton. 30 % to GGP. That amounts to a very tidy sum. £ 3 billion over the mine life, and far more £ ..over an extended prospect, both gold and copper. Do we get these copper figures included in the MRE later in the year.
A m starting to get very excited.

And I keep needing to remind myself that there is also COPPER in seriously mineable quantities to add into the calculations.
Could be the reason that the SP has just corrected upwards.

Johnny evans 10-53am today

Or, as I have with this link and several other key links, pinned it to my tool bar, where I can click and self re-assure when the SP dips . Or even re-post it.

An interesting BHP presentation, but not easy to comprehend for a non tecchy like me.
I can only interpret that Havieron, ( plus other GGP adjacent prospects ) looks like a "" world class prospect "" to, me, ...if not an exceptional "" world class "" discovery and prospect. Perhaps some of our more mining savvy bb's could elucidate.
If it is indeed a genuine "" world class "" prospect, then we should all just sit tight, wait for the good, better, best news to roll out, and bank the pennies / g.sovereigns as they materialise, ....as they inevitably will.
Rather not have these dips in the SP though....... can be disconcerting.

https://miningmaven.com/blog/1009-the-elephant-in-the-room-how-large-could-greatland-gold-and-newcrest-mining-s-havieron-project-be-ggp-ncm

https://www.proactiveinvestors.co.uk/companies/amp/news/912958

Despite the .sllghtly wayward share price over the last few days, One does not come across this level of support all that often. I am very pleased to have got in at a much earlier stage, ..... the future looks bright. .......Patience is required.

I listened to the NCM presentation throughout and essentially it was a resumee of financial facts, presented in dreary monotone,with a flipthrough the future for their principal mining resources. BUT if there was any excitement ( hard to detect,but definitely detectable ) and most of the final Q & A's, it was about Havieron, re-invigorationg the ore quality for the long term future of Telfer, planning the next moves ( some of which was already underway ), deciding whether to start the decline ( an unfortunate word to use ) , soon or wait for further drill results, - and in in NCM terms, this was absolutely and unequivocally confirming that ( short of some unforeseen , unmitigated disaster - totally improbable ) the future of Telfer GGP, and Havieron , and..............??? are now inextricably linked.
Patience is required.
Plenty of other probably exciting GGP news to come. IT IS ALL GOING TO HAPPEN.
20p to 50p is still ( over time ????? ) the probable outcome.
Cut the rubbish discourse on this excellent BB , and stick to facts.

tig

9 years in GGP,and 60 years of investing, I have never sat in front of a screen and watched the SP hike up every time I blinked.
And after 9 years of SXX, this is a rare tonic.
I guess that some form of announcement is imminent. Maybe NCM want to speed up their deal and get digging, with some cash on the way.
Maybe some more stunning assays, maybe a Tasmanian sale ......... who knows. But undoubtably ,summats up!!!!
And am I not glad that I am part of it ..... and the rest of you guys as well.
I really do believe that 20p plus is now not that far away.

Yorkshire L, L am a true blood Tyke, and only just getting over the machinations of Chris Fraser, so the progress of GGP has restored some optimism into my badly damaged systems.
Even your supposed downsides read quite well for me.
Have a great week,

tig

All sorts of things drive share prices up( and down ). The biggy for Havieron will be the MRE confirmation, from which our mathematicians on this board can discard their fibernacci formulas and just do straight ( albeit approximate ) calculations at 1p per 1 million ozs. That could easily result in 15/20p onHav . alone. ( do not forget the copper )
Scally could replicate Hav.
Keep in mind the price of gold going ...plus.....plus.......
Firetower / Warrantina sale
The Institutions moving in.
Newmont / Rio circling round.
More GGP brilliant assay results in this hot / hot / hot N.W Oz , world no.1 mineral resource area.
Copper , cobalt ,lithium, silver, more gold..............
Newcrest on a roll...........
50p is not such a daft target.......... patience is all that is required
Will be upset if anyone can list a single downside. The coming few weeks look good.

i BELIEVE THE RISE IN sp THIS LAST WEEK IS MERELY ANTICIPATING SOME OF THE NEWS AND EVENTS WHICH ARE NOW LOOKING MORE AND MORE CERTAIN TO HAPPEN IN THE COMING MONTHS / years. When these news events occur, whether they are takeovers, joint ventures , Maiden Resource Estimates, simple drilling assessments, progress on the other as yet unexplored licences, commencement of mining operations, the price of gold, sell offs, etc. ( all of which have significant or massive potential effect on the SP ), - that confirmation will bolster and reinforce the SP price movement.
The biggest effect this year will be the MRE's, which if you were to apply the Mining maven calculation of around 1p per 1Million oz, and that couls shove the price up anything from 2p ( unlikely to be that minimal ) up to 25 / 30p if we get that lucky. Throw in a sell off, a super Scallywag, some encouraging Tasmanian results, Institutional investment moves, and 40p / 50p does not seem entirely beyond reach.
What you will have to be though is patient , as nothing happens in exploration at speed ( except perhaps a takeover offer ). The really good news is that this show is not run by Chris Fraser, that economically mineable gold established in the ground does not evaporate, that the current eager and excited JV partner is no.7 major miner in the world and it has a processing plant down the road that needs more ore throughput to sustain jobs and profits, that the price of gold is moving north and likely to continue so, and it is really , really difficult to find any serious negatives that will do any damage. NCM are not going to run away ( lets hope they remind us of that on Thursday )
Just be patient, stop trying to forecast every o.2p rise, and sleep easy in your bed at night.

Hi Stout,
How do you feel about POG as an investment. 10years is a fair old time to stay with a company, so I guess you are not too disappointed with them. They only started the POX process last year, so , if they are able to extract an extra 4% from their process, then that does say quite a lot for future profitability ----- and hopefully their share price.

Paddygall,; As you seem , and quite rightly appear , to be the font of all mining wisdom, have you any thoughts on POX, the new system employed by POG in Russia , that in its short operating history , has extracted approximately 4% more gold from the mined ore. With Newcrest processing 4 million oz plus per annum at Telfer, and the prospect of 500,000 oz from Havieron , a further annual 4% return on annual turnover is a mouthwatering sum. POG also market their POX process to other companies , which would be another added bonus. Seems like a no-brainer to a humble and uneducated investor like myself.
POG have an excellent video on their new process plant, and they seem to have huge enthusiasm for their process.
POG also seem to be a very good alternative gold investment .

The last 25 contributions are just space wasting garbage.
Keep this excellent board ( normally ) for sensible discourse.

They will not allow me tosignin either

A toutes less personnes qui ne parle francais ne se troubler.
ils sont nothing nouveau.
As for Newcrest, they are going to have to pay Gervaise the full going market rate for Hav 1. If they do not, then there will be no hope that they can pick up Havieron 2 and Havieron 3.. But it makes sense that they will want the rest to keep Telfer at 100% for the next 20 / 30 years.

I never have nor ever will understand the AIM market . sells exceed buys and the SP rises. Today Buys exceed Sells by 8 to 5
and the SP drops. With AIM shares , if you have found one of the 1 in 20 successes, OR... in this case,,, one of the rare or exceptional AIM companies ( words used by Heddleand Newcrest ) t he 1 in 250 companies, just ignore the vagaries and distortions of the MM's, recognise your good fortunes ,and just be patient for the almost certain returns, .......... 5p; 10p; 20p ; 50p ; ????????? who knows. How long ??? Well Heddle has already indicated 2020 to be an exceptional year.
Newcrest are running out of feedstock and have 1500 men on the local payroll to keep employed. Gold in the ground is not going to dissappear, , 5 other exploration prospects are already indicating either possible or probable ongoing drilling for development - if 1 out of 5 hit the target , it would be great. 2 out of 5 would be stupendous. Paterson and Havieron are growing in size / potential by the drill. Newcrest want copper as well as gold. If Newcrest didnt proceed,- totally unlikely - other majors are happily in the queue...............
So why agitate over an MM manipulation, which may in itself indicate good things lying ahead. Sit tight ........ be patient.........
it is not that far away from the ghastly decision of when and how much profit to slice off.

Happy New Year .....tig