Member Info for WelshFalcon

As directors they have restrictions preventing them dealing before announcements. With the flow of RNS's, both recently and due, they only have a small window to play in.

Hugely encouraging in my opinion.
Check back on rns for 30th June and 1st July. Update followed by some block listing shares dealt (obviously not directors, but someone picked up lots).

Add in the expected update due around the 23rd, leave only a small window for directors to sort out their share dealings - they have done so.

I am so looking forward to the 23rd. Any more excitement, I'll go pop!

In my opinion, we have skipped the dip shown on the Goldseek graph. No dip for us.

No 'sold to miner' part, we have the NCM JV in place and are now at the end of the feasibility / start of the development part of the curve. Just waiting for the MRE (soon) PFS (soon after) then the decline goes in (year end/beginning of next year). Recent RNS with the all the paperwork for mining licence prove where we are at.

I think you will find that Havieron is atypical. Useful for us who understand and can take advantage when/if it becomes undervalued for a time.

1.CAPEX will be low, very low. There is no processing plant to design/build - TELFER....
2.NCM need some high grade ore into Telfer asap, timelines will reduce dramatically (witness the rapid pace of drilling from NCM).
3.Current and expected gold price, will provide further imperatives to get production out asap.

Philistines it should be 'sought after'!

What, The Sun?

Surely the first port of call for up to date and insightful analysis on all things financial. *giggles much*

Sorry FC. There has been so much talk about price stagnating lately, we all got a bit sidetracked. Anything we missed in the meantime?

correction, Aigburth was the college, Toxteth was the riots. The 70's were fun, but the long hair and flared jeans - what were we thinking?

A scouser - I spent a few years of my youth in Liverpool, Merchant Navy officer training. Magical place.

Cabin Club on a Friday night and pinch a car to get home as the busses didn't run late!

Walked through the smouldering ruins of Aigburth after the riots (that was way back, now.) on my way to a radar course!

It is North Wales, though!

Different tribe up there, far too close to Scotland.

The village is also known as Llanfair PG or Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch. The name means "St Mary's church in the hollow of the white hazel near to the fierce whirlpool of St Tysilio of the red cave" in Welsh.

I like the 'large bored, large holed flute', sounds like a perfect description of a Havieron type discovery... *giggles*

Who'd have thought it? The Irish connection with our new tenement. Did Paddy have a hand in this? Any other conspiracy theories to pop up about the Irish connection?

http://www.mcgee-flutes.com/models.html

Oh, my.

Tig, re the Stag do...... is there another pub called 'post ******' ? One we could use for a post coital celebration when the decline is completed!

Too much? Sorry all.

Lovely news. I've never been known for great timing, but my top up yesterday at 11.85 was a cracker.....

At the rate they are drilling, there won't be much left down there! All we need to do is process all the cores........

A glass will be raised for you all, here in Wales...

Noobz, sorry, but I've read it several times and can't make out what on earth you are on about! Just trowing a few commas into a stream of words doesn't help, proper punctuation and sentences will.

"I’m not trying to start a conspiracy theory here...." Really?

Who are the magical 'they' that have edited out stuff? Did GH manage to get hold of all copies, edit them and replace them without anyone knowing! What about any stray copies that others may have on their laptops?

Come on!

What we know is that GGP has all the funding needed for drilling in Scally.
We Know that Covid threw up problems with moving people (and rigs) about with the initial lockdown, thus causing delays.
We know that drilling can't start until the the Martu have done some work on the ground with GGP to identify any potected sites. Due to restrictions on number of people allowed to meet, this has also delayed things somewhat.
We know that RIO blew up some caves and has caused a fair amount of consternation, so this is a sensitive area which may take longer to get right.
We know that GGP / NCM have been sorting out the paper trail needed to get mining permissions in the area, so they are obviously working on this (very important).
We know that there has been and there is a lot of drilling by prospectors all over the Paterson area since the Haveiron results, causing availability of rigs/crews to be difficult - compounded by Covid problems.

Please pay attention to known facts, data, information. Using the great and wonderful 'they' to prove up an unfounded (and quite frankly ridiculous) theory is not very intelligent!

I don't think it will make much difference in the big picture, but such an increase in gold price could have a negative for Hav. It will make Telfer, as is, more profitable and extend Telfer's life a little. NCM will still need better grade ore, but the time imperative may not be so strong. It could add a little extra time before we can start to dig out ore.