Member Info for zoros

Succinctly put AL - a great post to start the day.

Z

The Ore Reserve increases from 0.7MozAu to 1.8MozAu (157%). The gold grade quality remains 'economically moderate' from an industry perspective but the value of those moderate grades has increased primarily due to the following:

An extensive drilling programme.

Successful conversion of Mineral Resources into Ore Reserves.

Mine optimisation studies that have improved the mine plan.

Gold prices.

What has not yet been included is the West Dome Underground (WDU) and Vertical Stockwork Corridor (VSC), both are additional Mineral Resources. They remain outside the current reserve because they require further drilling / technical evaluation before being classified as economically mineable. Further reserve growth is therefore guaranteed. It's not over yet........until the 'dimensionally challenged' lady sings!

Then there is the financial close of the A$500m corporate debt package, yet undrawn. Independent validation (from the banks) of the quality and longevity of the Telfer-Havieron asset base finally got this across the line.

All in all the company is scraping every last ounce from what was believed to be an exhausted and uneconomical mine, utilising more drilling, better techniques and taking advantage of gold prices. Telfer is paving the financial way for greater things to come............................................Havieron.

Z

Tomorrow -

A reminder: The focus will be on how much of the 3.8Moz Measured and Indicated resource converts into mineable reserves? If reserve ounces move from around 0.7Moz currently to somewhere above 2Moz, the market is likely to view that very positively. Good (1.5–2Moz reserve) or "transformational" (2.5Moz+ reserve).

A reserve statement showing several additional years of mine life would probably be one of the most important valuation drivers.

In addition, if metallurgists improve recovery from the existing 85% recovery to 86% recovery that extra 1% recovery might yield thousands of additional ounces of gold. If Greatland's engineers conclude they can recover 88% instead of 85%, or economically process lower-grade stockpiles, then reserve ounces can rise without discovering a single extra ounce in the ground.

Pay close attention to any mention of revised metallurgical recoveries, stockpile economics, West Dome underground recoveries and copper recoveries alongside the gold (AuEq).

Update on costs and operational progress@ Hav is expected too.

Z

Prospective, in addition to AL reply:

Q2/26 Telfer Ore JORC Reserve estimate. Havieron and Telfer LOM plans to be integrated.

Q2/26 PFS for Telfer WDU to include processing optimisation with Hav ore.

H2/26 Pre Production Capex (A$1.065bn/£560m). Hav decline re-starts on completion of EA's. Conveyor decline begins.

ALL primary environmental approvals have been issued. Most construction can and has commenced at Hav.

Some minor secondary approvals need sorting but they aren’t show stoppers.

Results due in next 6 working days.

The decline at Hav continues as we speak, so too, the conveyor decline shaft.

Z

Bluetoff - we now know the reason SOLG sold out. They saw the writing on the wall. May even have been warned off by the cartels??

Z

Apologies - that’s Starlink for you!

Z

Double digit SP is baked into this stock. Fwd momentum is now past the point of no return. Ii’s are gravitating towards this stock by default.

No amount of debunking or de-ramping will deflect its inevitable

Double digit SP is baked into this stock. Fwd momentum is now past the point of no return. Ii’s are gravitating towards this stock by default.

No amount of debunking or de-ramping will deflect its inevitable destiny as a major. Wyloo are holding Shaun’s hand throughout and I suspect there will come a time when they allow him to ‘go it alone’ either as CEO GGP or to move on.

The runes are cast, upcoming results will impress the markets yet again. They are waking up to the next super major.

If there has to be a known unknown - it will be the future if OC’s. Sell, JV and/ or dividends from the result.

Head above parapet time: £10 by end of 2026/ early 2027.

Current affairs notwithstanding.

Relax, take time out, enjoy the summer and your family.

Watch magic happen.

Z

Morning 'nothingspecial'.

GGP has ALL its environmental Approvals now. Nothing more expected on this front.

Pension funds are hard to detect when they invest. It's usually under the canopy of Blackrock or an ETF or an asset manager like Paribas or JP Morgan. But you can bet your bottom dollar some pension funds front ran the inclusion into the ASX100 in March and are still buying now.

Superfunds however have yet to show their colours. Maybe they need a bit more time?

Next week brings to a close our raft of compelling news to buy into GGP in the guise of our Telfer JORC news update. Normally we would see a strong up tick in the SP but the Melon Maniac in the USA and the cloud of the SoH hanging over us will probably drag this out.

Rome wasn't built in a day.

Z

Benrumpson 1 -

"...A millionaire said to me once the thing that pushes him to make the next million is knowing he just made a million!..."

Why do you think a fair number of us LTH's are still here!!!

Z

I think you’ll find any prospective buyer will have to queue up behind Wyloo first!

Z

Delaware:

In this fictional example, moving from reading your posts toward filtering you represented the result of becoming more consistent and focused.

Z

Morning Timber - can't find the GGP reference in your link? Can you extrapolate for me?

Z

Daffy - GGP have never been into the 800's??

Z

12 working days remain within which the Telfer updated ore reserve will be published.

The focus will be on how much of the 3.8Moz Measured and Indicated resource converts into mineable reserves? If reserve ounces move from around 0.7Moz currently to somewhere above 2Moz, the market is likely to view that very positively. Good (perhaps 1.5–2Moz reserve) or "transformational" (2.5Moz+ reserve).

A reserve statement showing several additional years of mine life would probably be one of the most important valuation drivers.

In addition, if metallurgists improve recovery from the existing 85% recovery to 86% recovery that extra 1% recovery might yield thousands of additional ounces of gold. If Greatland's engineers conclude they can recover 88% instead of 85%, or economically process lower-grade stockpiles, then reserve ounces can rise without discovering a single extra ounce in the ground.

Pay close attention to any mention of revised metallurgical recoveries, stockpile economics, West Dome underground recoveries and copper recoveries alongside the gold (AuEq).

Finally – when will he pitch it during the Space X IPO and the SoH debacle, to minimise the results being drowned out by superfluous headline grabbing news?

Enjoy your (blue) weekend.

Z

Both SpaceX and Anthropic - will suck billions of dollars out of the proxy companies that are already held by the II's. It's compulsory.

This means that Wall Street will sag under the depletion of its slush fund and many investors will see a dip in their portfolio's for months to come.

It isn't expected to contaminate the ASX least of all mining but Gold prices......not sure.

IMO these two IPO's alone may well be the bellweather for the deflation of the AI bubble.

Peeps buying into these IPO's may well regret having heard of them.

Z

These are the facts, nothing more, nothing less:

Removed from Telegram.

Removed from this forum (LSE).

Fell out with one of the co founders of GGPChat.

Removed from LSE share chat (again) last week when the administration learned he had registered under a new name.

He's not stepping back / taking a rest. He's banned.

Z

Thanks guys - both filtered consequently -

Z

Profstax - your 0924 post. What has that got to do with my reply about joubertD's post earlier?

Be quick - i need to filter you.

Z

Pj70 - welcome to jouberts war and peace AI rantings - never ever about GGP. Just feels the need to postulate.

Best to filter him/her before your eyes glaze over.

Z