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"Every drill hole we put in there finds more gold"

https://www.theassay.com/news/antipa-identifies-high-priority-soil-and-ac-gold-copper-targets/

Antipa Minerals outlines JV work programs for 2022 - Proactive

https://www.proactiveinvestors.co.uk/companies/news/983399/antipa-minerals-outlines-jv-work-programs-for-2022-983399.html

Thanks for the post Spades, so, basically he's agreeing with what most of us have been saying for months too.

Glad to see you're so positive Chris, but can you answer a couple of questions. From your earlier posts you say that you've bought GGP first/from 1.5p, 1.6p & 2p? Which is it please?

Secondly, you stated on the 1st April, "I am holding on to my 165000 shares until the reach a minimum of 30p", yet on the 18th February you stated, "...with a holding of 2000000 shares follow this board closely."

So, I'm guessing you sold a lot too?

Just asking!

Based on part 1, I'm sure it's definitely worth waiting for, but still chomping at the bit! TT

Well, maybe 'nearology' at it's furthest so far?!

"East Star Resources Plc (LSE:EST) said it started a helicopter electromagnetic (HEM) survey on its Rudny Altai volcanogenic massive sulphide (VMS) licences in Eastern Kazakhstan.

The survey is anticipated to take 40-50 days, with data processing and technical review and targeting to follow, and is expected to enable the London-listed company to prioritise drilling targets.

"HEM surveying is highly effective in direct detection of conductive sulphide deposits in which large conductivity contrasts exist between the orebodies and host rocks,” said chief executive Alex Walker.

“It is the same style survey that was used to discover Havieron, the Greatland Gold and Newcrest gold-copper discovery in Western Australia.”

https://www.proactiveinvestors.co.uk/companies/amp/news/983159

'Nearology', or maybe just just pure marketing hype?!

"And when you have an ore body that's growing at 50% per annum.

- That's even just the Reserve case, which is all new material coming into the ore body and that's all leveraging the same upfront CAPEX.

Anyone still, not get it?!!

NOTHING has changed!

Currently a 'reserve' case, of a 50% increase in the ore body per annum!

What about the possible other 'Havieron's within Havieron', as posted by senior company geologists from BOTH Newcrest Mining & Greatland Gold?!

Please take note! This is massive! TT

Apologies! Trying to copy & paste on this site is difficult!

Second attempt:

I posted earlier this month about what I believe is crucially important going forwards for GGP and investors, and what Shaun Day has recently talked about, several times, and it's the Compound Annual Growth Rate (CAGR).

CAGR = (Ending Value / Beginning Value) ^ (1 / Number of Periods) – 1

Shaun Day has said recently that, "Is going to be quite spectacular"

Today, Shaun Day has commented further on this, IMHO, crucially important factor (Thanks as always to Dip!):-

"Well, it's the growth per annum of, and I'm really talking about the fundamental value of the ore body. So, as you continue to add ounces, as you continue to incorporate those into the life of mine plan(LOM), you're then able to get these valuations and you can augment that valuation with material, with valuation on unclassified material that doesn't yet sit in the ore body.

- But fundamentally you slowly work up this understanding of fundamental value. And when you have an ore body that's growing at 50% per annum.

- That's even just the Reserve case, which is all new material coming into the ore body and that's all leveraging the same upfront CAPEX. So, there's still only one haul road, still only one decline, one campso the capital efficiency as you bring in additional ounces just gets better and better.

- We've got these cash costs sitting around $645 an ounce USD against a price circa $1850. You'remaking well in excess of $1,000 an ounce. So, you bring these ounces in, no additional CAPEX, it just falls to the bottom line, it just falls to cash generation and that drives up this Net Present Value (NPV) very quickly.

- So, what I'm kind of trying to explain there with this CAGR, if you look at where we started with this ore body and you look at the various price discovery points, you just see this phenomenal growth rate and that's exactly what you would expect with a world class ore body.

I can't stress how important this factor is going forwards! TT

I posted earlier this month about what I believe is crucially important going forwards for GGP and investors, and what Shaun Day has recently talked about, several times, and it's the Compound Annual Growth Rate (CAGR). CAGR = (Ending Value / Beginning Value) ^ (1 / Number of Periods) – 1Shaun Day has said recently that, "Is going to be quite spectacular"Today, Shaun Day has commented further on this, IMHO, crucially important factor (Thanks as always to Dip!):- Well, it's the growth per annum of, and I'm really talking about the fundamental value of the ore body.So, as you continue to add ounces, as you continue to incorporate those into the life of mine plan(LOM), you're then able to get these valuations and you can augment that valuation with material, with valuation on unclassified material that doesn't yet sit in the ore body.- But fundamentally you slowly work up this understanding of fundamental value. And when you havean ore body that's growing at 50% per annum.- That's even just the Reserve case, which is all new material coming into the ore body and that's allleveraging the same upfront CAPEX. So, there's still only one haul road, still only one decline, one campso the capital efficiency as you bring in additional ounces just gets better and better.- We've got these cash costs sitting around $645 an ounce USD against a price circa $1850. You'remaking well in excess of $1,000 an ounce. So, you bring these ounces in, no additional CAPEX, it just falls to the bottom line, it just falls to cash generation and that drives up this Net Present Value (NPV) very quickly.- So, what I'm kind of trying to explain there with this CAGR, if you look at where we started with this ore body and you look at the various price discovery points, you just see this phenomenal growth rate and that's exactly what you would expect with a world class ore body.I can't stress how important this factor is going forwards! TT

Indeed Dip, and what a star! I really hope that other forum users too, appreciate the huge, regular effort that you go to in providing these very valuable transcripts! TT

Many thanks to Liam for an excellent set of probing questions, most of which we've all wanted to ask Shaun Day for some time! TT

Australian shares rose to touch a nearly three-week high on Wednesday, underpinned by banking and mining stocks, even as shares slipped worldwide on supply snags and concerns over a potential global economic slowdown....

...The metals and mining index climbed 1.6% in their fourth consecutive session of gains.

Sector behemoths BHP Group, Rio Tinto and Fortescue Metals Group rose between 0.6% and 1.8%.

Gold stocks benefited from strong bullion prices as a weaker U.S. dollar lifted the safe-haven metal’s appeal. The sub-index jumped 2.7% to touch a two-week high.

The country’s largest gold miner Newcrest Mining gained 2.2%, while St Barbara and Northern Star Resources rose 5.3% and 2.8%, respectively....

https://www.reuters.com/article/australia-stocks-midday-idUSL3N2XH06S

18m shares admitted to trading yesterday, as expected..

https://www.londonstockexchange.com/news-article/market-news/aim-notice-23-05-2022/15463707

It’s one thing to develop the mines needed to supply the world’s critical minerals, it’s another to establish the infrastructure needed to process these minerals.

Australia has a critical role to play in supporting the world’s green transformation, and the Federal Government, alongside mining industry bodies and organisations, is starting to realise the importance of the downstream component.

This is recognised through the Commonwealth’s $1.3 billion Modern Manufacturing Initiative (MMI), which is supporting new Australian technologies and innovations to come onstream, with the goal to process more mined material locally rather than have it shipped overseas...

https://www.australianresourcesandinvestment.com.au/2022/05/24/the-hidden-ingredient-to-australias-critical-minerals-future/

https://www.industry.gov.au/policies-and-initiatives/critical-minerals-facilitation-office/investing-in-critical-minerals-in-australia

Yup! Preeety much exactly what it was on Friday. Basically 11.95p intraday high, bar a 'jump' to 12p, which lasted all of 5 seconds, before it went back to 11.95p! Ho Hum!

IMHO, there will be no issue whatsoever, with the decision to mine being positive.

What's always slightly amused me is the fact that there is already a 'Havieron Mine Closure Plan' in place, for when we're (whoever at that time) done! All part of the Department of Mines, Industry Regulation and Safety (DMIRS) and EPA requirements.

https://www.epa.wa.gov.au/sites/default/files/Referral_Documentation/Appendix%20D%20Havieron%20Mine%20Closure%20Plan.pdf

I have to disagree.

IMHO, an offer(s) for a 100% buyout of Havieron has been on the cards for many months now, indeed probably well over a year, or two now. Newcrest Mining will, IMHO, want to have 100% control of Havieron, without any doubt in my mind, whatsoever, which I've said continuoulsly. HOWEVER, the big question is what they're prepared to pay! This is the crux of the issue, but, it doesn't diminish what I personally believe is patently obvious.