Member Info for twogoals

Small player I know but shorts on IG have closed. 100% long now.

Would you really want to be out of this over the weekend?

@Daz I guess SD started the rumour. Test nameplate with lower ore that’s now very economical to process. I guess we will find out more in the Jorc announcement.

“Tks to hydrogen1 on ADVFN -

'At present reported Mill RUN rates, we are producing 1250oz per day (or 37500 ounces of gold per month). Currently that's $4629 AUD per oz or A$173 million AUD per month. = $110m USD per month. Cash in the door.

BUT the really interesting part is that the mill wasn't running full chat. Nope far from it.

SD let slip in the conference call that he plans next to run the mill 'over nameplate' this quarter. Now Telfer's records show the best performance ever was 24mt PA . SO let's assume thats SD's test target (albeit it could be even higher Telfer is after all A Monster ).

24MT PA is = 67kt per day. or 2Mt per month.

The first shortened December month "Dual train processing operations resumed on the first day of Completion, 1,466kt of ore processed from 4 December to 31 December 2024".

Thats 54kt per day. Now, in my book 54KT P/D to 67Kt P/D is a WHOPPING 24% jump in processing volume.

This directly equates to a 24% increased ESTIMATES (and it could be even more..... Assuming grades hold up... )

There is VERY strong argument we MAY BE SEEING some $136M USD per month coming in.”

The price of gold looking great. Every day this price (gold & copper) continues to steady and rise, the more money goes into GGP coffers. I hope the rumours are true that they’re throwing volume through the plant. This will surprise the market & also make the telfer Jorc very interesting!

Dividends will be way down the line & a last resort.

Build decline one with telfer profits.

Use bank money for second decline.

Drill the hell out of telfer & local tenements.

Maybe M&A action if good deal to be had.

Then let’s talk divis.

The higher gold goes, the more low gold ore they can put through the plant. They must have loads of this ore that has only recently become valuable.

I’m sure they’ll be announcing this in the Jorc update next month. Strap yourself in!

I got round to listening to this great interview with Shaun Day. The confidence in knowing not just where we’re going but what they’ve been planning for a while is amazing. All the “quiet” year of 2024 is paying off as they’ve been researching the hell out of telfer & on keeping the Newcrest staff on. You can tell they’re working really hard onsite.

Interesting explanation about the fact GGP is unhedged upto $3100.

https://youtu.be/5UNdlGQPtyg?si=HgrUyarvi4p3QY0C

I’ve always been sceptical about how in a modern world, they could confiscate gold & silver to control it and then revalue it.

The ETF idea makes real sense!

https://youtu.be/arNtycCz6kc?si=w23Cn7Qv0dbIF2gA

Don will catch up soon. Read thread. https://x.com/dondurrett/status/1886680869890298168?s=46&t=vXCVsYQ7O32ZzHPvONOLAQ

A week after filtering a certain person, the board is green but I’ve saved myself so much time. Try it, you can always reverse it if I’m wrong.

How to filter: Press the Filter tab next to ‘Share Chat’. Add a name (I.e. Culpepper) and the click on ‘filter chat’.

He is not the only person but it’s a good start.

And he has admitted he has not updated his research since the takeover has been completed. Wait until he does that! I hope for his followers sake it’s sooner rather than later.

I’ve notice that GGP does not have any A trades happening. They’re all O trades that go through on this share.

Any reason why you see them on some shares and not others? I.e. SOLG & FRES have them.

Is this a good thing or a bad thing?

90million volume day. They won’t be able to control this for much longer.

Some late action popping up:

https://www.lse.co.uk/ShareTrades.html?shareprice=GGP&share=Greatland-Gold

Absolutely agree Bellers. In 10+ years of trading I’ve not come across such a no lose situation. Keep this lower for 60 days and another ISA gets used up with golden Australian nuggets.

Individual late trades have not shown up but total volume is 138k which is our 3rd biggest day in the last 3 months. Not bad for a non news day. Someone’s decided to start adding.

Best advice I can offer the board today. Press the Filter tab next to ‘Share Chat’. Add a name (I.e. Culpepper) and the click on ‘filter chat’.

It suddenly saves you lots of time going through the board.

Guidance this year very similar to last year but better gold and silver prices (& peso). Enjoy the divis!

Will be a good dividend this year.

The cost reduction initiatives across our mines, and to a lesser extent, the positive effect of the devaluation of the Mexican peso against the US dollar during the second half of the year which resulted in a 3% average devaluation of the Mexican peso against the US dollar across the full year, is expected to have a 2-3% reduction in the Group's consolidated adjusted production costs when compared to 2023.

As a result, Gross profit is anticipated to be within the range of US$1.2-1.3 billion, up more than 135%. Profit from continuing operations is expected to be further benefitted by the lower administrative, corporate and exploration expenses and increase to a range of US$930-950 million in 2024, up more than 500%.

Not that I’m counting or anything but 79 days until we can move some more GGP shares into an ISA. I hope we don’t move too much between now & then. Save all the fireworks for Q1 report.