Member Info for zoros

Yesterday we were washed out..or rinsed perhaps!........weather wise.
So too the SP.
but today after Magic's vid, the weather has calmed down and is returning to 'normal'.

So let's fiddle with tomorrow's Sp...just for a giggle.

B'berg current SP recommend: 33p. [Built in / hard wired into the current SP].
This is based on 4.2Moz Au Eq. B'berg had anticipated around 3.5Moz AuEq.
B'berg anticipate 12.5Moz idc once all crescents and breccias come home to roost.
Consequently they expect a SP of around 66p.
Hannam yet to declare.

Best AISC in NCM stables: Cadia @ $134! Their average is $740/oz.
Telfer already operational to a max output of 31MTonnes throughput.
PoG in 2023, est @ $2000/oz (conservatively).

So will this mean the closer we get to production in 2023 (after a further MRE2 or 3), the closer we are to 66+p? Then as the mine starts to produce gold and copper, the stock rises further to reflect the PoG ($2000) and the then current AISC ($700)?
500,000 ounces of gold @ approx $1300/oz per annum...........
Z

Solg have already told one of our posters (DBW) that they are no longer releasing snippets of news anymore. They will amass it and advertise it in worthwhile chunks as and when. I'm expecting the next block in mid Feb.

Colonel - agree with your sentiment. However, it has to be said that to achieve even a small part of their regional exploration, they need lots of green drinking vouchers (for those of us who remember the pound in green paper format).
I too, have come to the conclusion that Cascabel alone will be more towards the $5Bn mark than their advertised $2.8Mn and I think this will be corrected in the FS/CFP later this year.
I 'think' funding will include: royalty streaming and almost certainly (now that NM has 'gone') dilution.
JV@Alpala. Prove up, rinse and repeat at the others. This is what Solg are best at.
Z

I second that.
Magic you are a credit to the industry, too. Easy to listen to and funny too!
A pleasure. Thank you for all your hard work.
https://www.youtube.com/watch?v=rqpcdvdfNGg
Z

Peach - bless.
Read my 19th Jan posts: 15:04 / 15:17 / 15:21.
Let me know if you need any further assistance.
Z

Novochoc - to set the record straight wrt this post you keep referring to... You advertised you would be guided by NM, did you not? So I asked if you would be leaving Solg too. What is your problem?

While you are on.......take a look at your history....when was the last time you contributed anything positive to this BB?
I wonder what sort of person you are in real life Novo.........
Give this 'me and you' thing a rest now,eh? Let's move on for sanity's sake. Life is too short, old man.
Best
Z

I'm a LTH on Solg and spent the last 30 minutes reminding an individual that gloating about other people's bad news, is beneath contempt.
We are all in this together - whatever stock we hold. We invest for a host of reasons...but to kick someone when they are down...speaks volumes about that person. I understand Elise did the same (allededly) earlier this morning....I missed it. I see you are back now Elise...I hope you aren't tarred with the same brush?
What is it with humans when they see others who are in trouble? FFS - by all means criticise other peoples investment strategies but don't rub salt into the wound when they are bleeding.

Moving on:
LTH's know we are priced in @ 33p @ Hav. There is the prospect that there is more from Hav idc. Scally is a 'new' venture and early results indicate we missed the sweet spot. C'est la vie!
Move on, try again.
Meanwhile NCM update us in a weeks time....something to look fwd to. NCM have 100% faith in what we are about....That speaks volumes too.
12 successive RNS's....we deserve a dud!!! Makes life more 'normal'.
Hold the line guys.....GGP is HOME AND DRY wrt Hav. 33p is the base line.
Today was a typical MM panic attack. They have now changed their underpants, put on more lip gloss and back at their desks....
Chill
Z

GGP is home and dry with Haverion, everyone knows that. It is valued @ 33p on existing PROOF of what it has already found. Scally was the next discovery, it is early days and to date they have not found the 'sweet spot'. But nothing can detract from the fact that GGP is, I repeat....home and dry @ Hav at its current level of expectations. And remember this....only half of Hav has been assayed to date.........
GGP will rebound and more.
[Perhaps Porvenir assay results ring a bell now???]

We're all in it to win it......let's just remember this occasionally shall we?
GLA
Z

Novochoc - I note that your breaking news GGP down post...got zero recommends.
Let me tell you why, shall I?
PI's are the same wherever they invest. They do it primarily to better themselves financially, to improve their lifestyles, help others, whatever. When their stock takes a hit......for some, this could have devastating effects. One could argue they should know better, they should heed warnings...but at the end of the day, they do their best with the information they have. A lot of them come onto BB's like this and read carefully what people like you print. So when you print: 55p by friday every week for months or posts to that effect...and it comes from a LTH like yourself...some....buy the stock. It can be as precarious as that.
Now when that stock takes a hit, as GGP did this morning (and as has Solg on several occasions), the lowest level a person can sink to ...is when they gloat about that event and brag about it on another BB. That post of yours speaks volumes about you. You are an LTH and should encourage and assist where necessary...not revel in watching your peers crash and burn.
Yo need to take a long hard look in the mirror novochoc and decide whether you like what you see.
You are an embarrassment to society......grow up and show respect for colleagues for a change.
Z

From Warren Irwin over on CGP:
".... I, like many Cornerstone and SolGold shareholders, am hoping that Nick stepping down will foster a new cooperation between the two companies for mutual benefit. We'll see...."

I suspect he's hoping that Solg will see the light and JV over Cascabel, thereby lightening the future financial demands on them enormously.

Now that NM's plans to go to production solo - are dashed. A 70% JV would allow CGP to keep some skin in the game, thereby keeping them involved all the way to dividends....
Just my thoughts...
Z

Covgaz - have you been drinking?
Z

People will be buying ICE's right up to the end of 2029, because ICE prices will flat line and for many - seem a bargain. A new EV is silly money now and will be (comparatively) in 2030.
New cars (ICE or otherwise) can easily last 10+ years. There will be a glut of petrol and oil and so the ICE will linger for many years thereafter.
Currently, HFC's are making their mark. They will be the future for HGV's, planes and ships etc.
This year alone you have a choice of 5 HFC cars to pick from. By 2025 there will be dozens to choose from. HFC garages are multiplying.
The next 10 years could see the rise and fall of the EV BEFORE it really gets going!!
It must be a hot topic for manufacturers of charging stations globally.....shall we, shan't we?
One thing that is certain.........the diesel car is DEAD!
Z

Hi Bamps - I meant the decline will dig down to 420m in depth (vertically) not in length.
I presume you mean 2700m to be the length of the decline - yes?
Z

Who's speaking Bubbles.....Warren Irwin!!!!!
Z

spirea1 - we did vote...very recently if you remember. Look where it got him.

When the dust settles and he wakes up one sunny morning in Brisbane with his family around him......to read the news that Solg sold for "X" billions.......and that he owned 14.3% of it........
boom shakalaka..boom shakalaka.....
He'll realise he banged out just in time.
Good luck to the old dog, I say. Ta Nick................time to chill.
Z

Hi Quades - minor correction, if I may...
"...Petrol, Diesel and hybrid cars ( new cars ) will be banned in the UK from 2030...."

Errr - no!

The above will no longer be manufactured.....not banned. MASSIVE difference.
Expect to add 10, 15 maybe 20 years to 2030 before we see the last of the exhaust pipes in the UK. If ICE's were banned in 9 years time........there would be an economical melt down.
Z

And finally......

Mining Vocabulary for beginners

RNS Regulatory News Service (A regulatory announcement).
AISC All In Sustaining Costs [https://core.ac.uk/download/pdf/48315821.pdf]
MRE https://en.wikipedia.org/wiki/Mineral_resource_estimation
CFP Conditional Finance Package.
PI Private Investor.
II Institutional Investor.
M&A Mergers and Acquisitions.
PEA https://investingnews.com/daily/resource-investing/what-is-a-pea/
PFS https://en.wikipedia.org/wiki/Mining_feasibility_study
FS https://finfeed.com/investor-101/glossary-most-common-mining-terms/
Block Caving https://www.youtube.com/watch?v=PFVUqy3a6WQ
Box Cut https://www.youtube.com/watch?v=eHWHwt3kt3Y&pbjreload=101
Decline https://en.wikipedia.org/wiki/Underground_mining_(hard_rock)
Open Pit https://www.youtube.com/watch?v=S16q_x8TUo0
PoG Price of Gold.
ETF Exchange Traded Fund. [ https://www.investopedia.com/terms/e/etf.asp ]
GDXJ ETF https://www.vaneck.com/etf/equity/gdxj/overview/
GDX: https://www.vaneck.com/etf/equity/gdx/holdings/

Good luck
Z

A repeat post (done periodically) to assist newbies on this BB. Hope it is of use in case you are too shy to ask Q's ;)

The following is essential reading:
1. https://greatlandgold.com/
2. https://ggphelp.co.uk/
3. https://www.youtube.com/watch?v=Q34v4V_Fxds
4. https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M45%2F1287
5. https://www.youtube.com/watch?v=5woCaxXB7Jk (Example of block caving)
For starters.

Here is what you have bought into:
https://www.rapidcamps.com.au/site-solutions
12 x brilliant official news releases and updates.
4.2Moz Au Eq. Inferred @ Hav currently.
A prediction that additional resources @ Hav will increase 2 or 3 fold – in 2021.
Joint Venture agreement with competent Major partner. Securing GGP’s future Hav funding.
Telfer processing plant nearby. Fully operational.
Mine @ Havieron under construction now (roads/accom/box cut)
Nearly all approvals and permits obtained.
420 metre Decline to motherlode starts early 2021.
Income generation on completion of Decline.
Full production (block cave technique) - 2023.
Good relationship with JV partner.
Inferred 4.2MOz Au Eq reported. (From half of Havieron crescents and breccias only).
Scallywag drilling results due Feb 2021 (a possible 2nd Hav). GGP 100% owned.

A reminder of what is upcoming this year.

Scally Assays imminent. [https://greatlandgold.com/other-paterson/]
Newcrest quarterly 28th Jan.
Completion of Box Cut by March.
Decline commences….
NCM rig at Parlay in March.
Rig at Paterson Range East in April.
Possible admission to GDX?
[https://twitter.com/Ukdavec01/status/1331687300858748929/photo/1]
Scallywag MRE, mid to late 2021?
Havieron PFS late 2021.

Z

Can we have a volunteer from the BB to counsel Quady when he pops up?
Z

Fast off the gun...as usual. Nice one.
Z