Member Info for zoros

Hi Fubar - my take is that The aussie summer (Dec thru march is normally unbearable temps in excess of 45 degrees at times. GGP shut down some regional stuff but NCM carried on as their camp @ Telfer is air conditioned. Hence the drilling mileage ramping up over those months.
It seems though that heavy rain has affected progress and this coupled with delayed assays is the cause for some if not all results. Once undeground matters ease, as you say.
Overall - not an issue for the likes of NCM.
Z

Hi Bottlerocket...the roadmap you advertised is not the latest...check your inbox....again ;)

The latest should show progress regarding the drilling distances completed and also an update on the MRE's coming our way.
Regards
Z

Apologies if you are fed up seeing this. GGPhelp isn't being updated.....

11/03/21. 65,000m growth drilling planned by end of June 2021.
[16,500m completed @ Hav between 28/01 and 11/03].
Q2/21. Refined and remodelled drill testing @ Scallywag (Swan / Teach / Architeuthis).
04/21. Juri JV drilling commences (Goliath / Outamind / Los Diablos / Parlay).
NCM invests $3m over first 2 yrs. $17m over following 3 yrs.
04/21. Rigs at Paterson Range East and Black Hills. (Tama, N5,A9).
[3680m completed @ Hav between 11/03 and 31/03].
05/21. [Exploration decline commences. 420m deep / 3km long].
06/21. Goliath scout drill testing completed. Assays pending.
[5757m drilling completed @ Hav between 31/03 and 10/6].
06/21. GDXJ quarterly rebalance.
22/07/21. NCM June quarterly results.
31/07/21. Drilling potential of 65,000m by end of July. (JV jurisdiction).
11/08/21. MSCI quarterly Index Review (effective 01/09/21).
19/08/21. NCM full yearly results.
Q3/21. MRE(2)(Inferred) for SE Crescent, adjacent breccia and Northern breccia zone.
Q3/21. MRE(Indicated) for SE Crescent and adjacent Breccia zones.
[https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xeqo0ox].
09/21. NCM Interim report.
09/21. GDXJ quarterly rebalance.
09/21. Possible admission to GDX?
Q3/21. Havieron PFS. (On completion, NCM will own 70% Hav JV).
28/10/21. NCM September quarterly results.
11/11/21. MSCI quarterly Index Review (effective 01/12/21).
26/11/21. Firetower/Warrentinna mining rights expire.
H2/21. Drilling programme commences – Rudall.
12/21. GDXJ quarterly rebalance. .
12/21. Option for NCM to take over management @ Juri JV.
2022. Growth drilling programme potentially of 70,000 to 85,000m @ Hav.
09/02/22. MSCI quarterly index review(effective 01/03/22).
Q1/22. Exploration decline and ventilation shafts complete. (@ est rate of: 350m/month).
Q2/22. Stoping (2M tonnes/yr) commences @ main ore body.
12/05/22. MSCI quarterly index review(effective 01/06/22).
Q2/22. First pour? High grade, low output. (Possibly mixed with existing Telfer grades).
Q3/22. F.S. Decision to bulk mine (as a JV) to be made by NCM and GGP.
08/07/22. Bromus mining rights expire.
11/08/22. MSCI quarterly Index Review (effective 01/09/22).
Q3/22. SLC decline commences. [1200m deep / 8km long @ 350m/month][22 months].
10/11/22. MSCI quarterly index review (effective 01/12/22).
01/11/23. Panorama mining rights expire.
Q3/24. Bulk cave mine construction begins.
Q1/25. NCM may acquire additional 5% interest.
2028. Bulk mine production.

Z

Redtrader - apologies about the roadmap on GGPHelp, it is out of date but I don't update the website unfortunately.
I will post the current roadmap (at the risk of pi^^ing some off, on here because they have seen it enough times already)!
As Bamps said - the 'top layer (where the decline is heading presently (Top 320m), will provide for the opportunity to mine the high grade resource. It is "currently" 54Mtonnes and will take about 4 years to clear using possibly/probably the stoping method and the max output @ Telfer of around 2M tonnes per year.
Once the FS is done and dusted, Sandeep and Shaun will have a chin wag and decide if they are both happy to mine it from the next deeper levels using bulk caving methods. The earliest this has been hinted @ is 2028 before FULL production commences at mega output @ Telfer. The work requred for this is enormous! But you are right....commercial production will commence around May next year, or even much earlier (possibly even December 2021!!!) if Byrnecut chip away at the rock face at their phenomenal speeds.. This commercial production will be very small by comparison to the full bulk mining process later...
Z

In response to your post @ 1656 - the PFS has been brought fwd to fit in with NCM's plans to keep Telfer fully operational and avoid mothballing it at unnecessary cost.
Z

Redtrader......I get the impression you are questioning NCM's roadmap @ Hav?
May I ask if you genuinely know more about what is going on @ Hav, than NCM/GGP.....such that their decisions are unwarranted and unjustified?
I think Sandeep, Day and Baxter would lose their credibility and possibly their jobs if what you say is true.
Z

Peter:
" and just how successful GGP will be....."
;)
Z

peter try again with the last line ;)
Z

Robbie, I take it with your post having 4 recommends, there are still PI's out there who don't have a handle on where we are to date with this stock?
So for those who are still in the dark as to why we are where we are...yet again:
https://ggphelp.co.uk/knowlege-base/zoros/
Roadmap: Email me for latest roadmap, the ggphelp site is out of date (zoros@mail.com).
Latest RNS from GGP: https://polaris.brighterir.com/public/greatland_gold/news/rns/story/x2g5lnw

All of the above should answer 99% of anyone's concerns going fwd.
Z

Kevin - the chat board has gone to rat sh**t! There are hardcore troublemakers both within the PI spectrum and visitors who have absolutely nothing else to do but pick on each other. A sign of fatigue setting in maybe. Shame.
Z

lly sandeep and SD said 65k by end of June, not July!!
Z

Correct LA.
25,916 already drilled since January.
5757m drilled for the last 7 holes reprted on 10/6.
65,000 promised by end of July (not!).
In 2022 there is a plan to drill between 70,000 and 85,000m

Z

Chester, there are 2 x MRE's being touted. Infill drilling in the SE crescent and associated breccia zones (top 320m) is where the Indicated MRE will come from. This is one step closer to the PFS in terms of 'proving up' the resource.
Meanwhile drill data density for the SE crescent, adjacent breccia AND the Northern breccia is now available to produce a 2nd inferred MRE update.
Two separate levels of MRE being presented....any time soon, we hope!

Roadmap:
Q3/21. MRE(2)(Inferred) for SE Crescent, adjacent breccia and Northern breccia zone.
Q3/21. MRE(Indicated) for SE Crescent and adjacent Breccia zones.
[https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xeqo0ox].

Z

Bamps, morning to you. Your post regarding growth drilling being essential outside the motherlode to back up the FS et al ......, don't disagree with you but after wh at Notrader explained and especially after what hydrogen just posted about the speed of activity @ Hav.....I am firmly of the opinion that Sandeep is expediting the whole process to get to the high grade ore in time to cover for Telfer's shortfalls. To that end and for the interim period (IE until the PFS is issued, hopefully in just 3 months time), all energy is on infills and firming up the indicated MRE. Yes, there will be scout drilling here and there to fine tune the project but his energy is focussed on the PFS to support his business case to mine the first portion of Hav.
Once production (part 1) commences in 2024...he can then chill and redirect his efforts towards the bulk mine and all that it entails, leading (hopefully) to a full blown output from 2028 onwards (for those who are still with GGP by then!).
We are all experiencing "shock and ore" with this mine.....Sandeep is on fire!
Z

Quitefrankly - read the roadmap properly....Sandeep and (now) SD have said they will be producing from stoping in 2024, or to quote exactly:
"production to commence 2 to 3 years from commencement of decline"
The 2028 date is for bulk mining at max chat from depth.

Can you wait a maximum of 3 years maybe? (Of course, we are all expecting staged increases in the SP before then).
Z

11/03/21. 65,000m growth drilling planned by end of June 2021.
[16,500m completed @ Hav between 28/01 and 11/03].
Q2/21. Refined and remodelled drill testing @ Scallywag (Swan / Teach / Architeuthis).
04/21. Juri JV drilling commences (Goliath / Outamind / Los Diablos / Parlay).
NCM invests $3m over first 2 yrs. $17m over following 3 yrs.
04/21. Rigs at Paterson Range East and Black Hills. (Tama, N5,A9).
[3680m completed @ Hav between 11/03 and 31/03].
05/21. [Exploration decline commences. 420m deep / 3km long].
06/21. Goliath scout drill testing completed. Assays pending.
[5757m drilling completed @ Hav between 31/03 and 10/6].
06/21. GDXJ quarterly rebalance.
22/07/21. NCM June quarterly results.
11/08/21. MSCI quarterly Index Review (effective 01/09/21).
19/08/21. NCM full yearly results.
Q3/21. MRE(2)(Inferred) for NW Crescent and adjacent Northern Breccia zone.
Q3/21. MRE(Indicated) for SE Crescent and adjacent Breccia zones.
[https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xeqo0ox].
09/21. NCM Interim report.
09/21. GDXJ quarterly rebalance.
09/21. Possible admission to GDX?
Q3/21. Havieron PFS. (On completion, NCM will own 70% Hav JV).
28/10/21. NCM September quarterly results.
11/11/21. MSCI quarterly Index Review (effective 01/12/21).
26/11/21. Firetower/Warrentinna mining rights expire.
H2/21. Drilling programme commences – Rudall.
12/21. GDXJ quarterly rebalance. .
12/21. Option for NCM to take over management @ Juri JV.
09/02/22. MSCI quarterly index review(effective 01/03/22).
Q1/22. Exploration decline and ventilation shafts complete. (@ est rate of: 350m/month).
Q2/22. Stoping (2M tonnes/yr) commences @ main ore body.
12/05/22. MSCI quarterly index review(effective 01/06/22).
Q2/22. First pour? High grade, low output. (Possibly mixed with existing Telfer grades).
Q3/22. F.S. Decision to bulk mine (as a JV) to be made by NCM and GGP.
08/07/22. Bromus mining rights expire.
11/08/22. MSCI quarterly Index Review (effective 01/09/22).
Q3/22. SLC decline commences. [1200m deep / 8km long @ 350m/month][22 months].
10/11/22. MSCI quarterly index review (effective 01/12/22).
01/11/23. Panorama mining rights expire.
Q3/24. Bulk cave mine construction begins.
Q1/25. NCM may acquire additional 5% interest.
2028. Bulk mine production.

Z

Phew - 340 posts since the RNS.....
Firstly - many thanks to Bottle and Magic for holding the fort last night. Your efforts are greatly appreciated.
Secondly, having slept on the results, I awoke wondering why I was disappointed with them.
I was disappointed because I was expecting a plethora of news...mainly because of the build up of expectation since the last results. I listed before the results what I was expecting:
News on 20km of drilling.
Confirmation of PFS in September.
Juri news.
MRE inferred 'progress' on NW crescent and breccia zones.
None of those emerged.........that is why I was sad :(
Yes the results from the 5757m from 7 drill rigs were very good at depth but they are still at assay level.... we needed more to push the SP. And this is what the markets saw too, it seems.
So it left me thinking what Steve Todoruk said about moving the SP (MRE's / PFS / JV or buy outs) and then I read Notraders post @ 1943, last paragraph. And there it is in a nutshell, backing up ST's comments on moving the SP.
NCM are focussing on the PFS because it is this for sure that will drive the SP into the next level. Growth drilling elsewhere is time consuming and at present ...not a priority. The race is on to get the PFS out this september and they now have enough data to make this happen. An MRE2 inferred or better still an indicated, enroute, will whet our appetites by jacking up the SP a little...but the PFS.........OMG!
Thank you notrades for putting my mind at rest!

I have updated the roadmap as a result of last nights report.........
Z

Fastjet - bang on. And there's the rub.....we "could" be on the verge of a breakthrough with Porvenir and or MRE1 results imminent. Knowing my luck, pulling the plug now will always mean the stock rises exponentially next week! (comments welcome!!!).
rcgl2 - hope this partly answers your question. In 20...whatever?? I bought in as a punt...now it's one of those stocks I have which is like a trinket....doesn't do anything but may be worth something...one day.
More paint needed.......
Z

Concur Schlem. I've run out of paint, watching it dry. There was a guy on here recently who bought in 2009 @ 53p FFS! Poor fella.
Has to be THE most boring commodity stock ever.
Zzzzzzzzzzzzzzzzzzzz

Z

{Quady didn't leave, he died of old age like the rest of the LTH's on here).

I think for GGP holders - this wasn't what we wanted to see. We wanted a whole lot more.
For the markets...hmmm...how will they see it??
Objectively..there is further progress albeit small. The motherlode gets bigger at the end of the day.
Perhaps SD will release goliath assays as a separate RNS, to bolster the progress us GGPers are looking for?
Sleep tight
Z