Member Info for zoros

Redtrader - do you have a hangup about length?
Move on buddy, talk about anything else......perleeeeze
Z

That eliminates BHP. The word that naturally flows after "the" is.......
"chinese".
20p on the news plus 40% premium: 28p. SOLD.
Z

WI no longer on twitter. Radio silent running up to something big?
Or is it simply............chinese whispers?
Z

Hi Ben. Good video for newbies to GGP. A basic understanding which will give them food for thought.
Only criticism.....

Say after me (10 times): Hav IER on

;)

Z

Greggie - ask yourself one simple question,
“Why has SD bought in one of the most professional BoD’s in the junior miner marketplace, along with securing funding to production- IF GGP is susceptible to an offer?

What do you think will happen?

Stay focussed Mon amie

Z

Sorry guys, I’ve lost interest in this fecked up stock ( and board). Should have known better.
Let’s hope for a fire sale soonest, eh?
Z

So I see the transaction has diluted us all by 20%.
Whatever Is next?
Z

Redtrader - I tried, using one syllable words but it seems you fail to grasp even the basics.
Are you suggesting ByrneCut are dragging their heels? Do you honestly believe they can go much faster?
I particularly loved this comment:
"...When we reach the ore body Newcrest can walk away..."
Are you suggesting that after spending just shy of $300m getting to the top of the motherlode, they will give up and go elsewhere???
Maybe the SP is connected to the decline - as the decline goes down.....so too does our SP.
[That's a joke by the way].
I have to say that with posts like yours, you are exposing yourself to ridicule simply because you are advertising a complete misunderstanding of fundamental basics in mining.

Can I suggest other stock instead - M&S perhaps?

Whtat was it Abraham Lincoln said:
"...Better to remain silent and be thought a fool than to speak and to remove all doubt..."
Z

"How long has this been going on...." Isn't that a song?
CGP stopped trading today. so 27th Feb seems reasonable.
Now we know why everyone left the company a while back. They could see that senior management were " milking the machine". Cuzzoobo or whatever he is called then had to go.

I pray that Solg spins off Cascabel - the jewel in the crown - to someone else who actually cares about Cascabel. I don't care how much it goes for as long as it is anything over 30p.

It's like treading treacle.

I've emailed Solg and told them my thoughts - perhaps others might want to do the same:
investors@solgold.com.au

Z

https://www.ggpchat.co.uk/viewtopic.php?t=564
Z

Good afternoon RedTrader - hope you are well.
To respond as accurately as possible (based on what SD has said in the past), the projected length of the decline is approximately 2800m. The decline is approx 7 degrees. Final approximate depth is 460m. It is currently designed to accomodate approx 3Mt/yr extraction rate. This may/may not be altered in the FS.
It is important to understand however that there are 'known unknowns'. Type of material they are digging through, water issues and so on. He hasn't articulated about the number of passing places and or enroute storage spaces for the spoil/ore during extraction.
Might I remind you of the stop/start issues we experienced as the decline penetrated the permian layer, several months ago?
We seem to be progressing (currently) @ approx 6.2m/day. Tomorrow it could be 8m/day, next week it could be 4m/day.
'RationalAssessor' kindly continues to plot the projected end of decline date here:
[Valid end of Jan 2023].
https://www.ggpchat.co.uk/viewtopic.php?t=479

Here is the website covering Hav, by the diggers themselves:
https://www.byrnecut.com/projects/oceania/australia/havieron/
[I have emailed them to update the page - some has been, other aspects have not].

Sit back, relax and hang in there for the final leg, eh? Tantalising as it is - the prize will be in reach very very soon.
Best
Z

Let's play: "Join the dots":
Existing GGP BoD consists of 2 x FM senior exec's and 1 x NS senior exec.
Recent newcomers include 1 x FM senior exec and 1 x NS senior manager.
Wyloo owns 8.4% of GGP. FM owns Wyloo.

and finally:
https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fcompanies%2Fmining%2Fnewmont-takes-a-bite-mid-caps-wait-for-the-crumbs-20230206-p5cicu

"...“Non core assets might be considered for sale, such as Telfer-Havieron ....."

Z

No change to short position since before the offer - 35m still on loan, not sure how much of this is being used for shorting.
Newmont is combining with Newcrest, not taking it over. 70/30 split.
Z

Good Q: Obviously my personal view and one I have been harbouring for some time:
Assuming another MRE indicates approx 4MozAu Ore reserve (Up from existing 2.9Moz).
I estimate the value of the entire mine to be approx £4Bn. GGP: approx £1.3Bn.
5.5Bn shares in issue. Gives me a SP: 23p - 25p.
Maybe there will be a premium added to this (20-40%?).
30p+ ??
This is *** packet games I'm playing, so please don't take it seriously or get upset. It is what I am planning for personally - to meet my investment objectives.
I don't really care what happens as long as I see an SP in the region of these figures, I will be happy. Anything above this will be icing on the cake.
Best
Z

Exciting eh?
So many opportunities now surfacing.
Having seen today's RNS, reinforces my post: 3rdFeb@1711.

"...So let's say NCM spends a total of circa $750m by the time all of this is completed - what price would they sell for, to get their money back / make a profit for their shareholders / start their exit from the region? $1Bn, $1.5Bn? Maybe even $2Bn for Hav and Telfer?
This could be sufficient bait for another major to take it on.
And who do we have on the doorstep - Fortescue Metals might be front and centre for this, in the shape of Wyloo...."
And today - SD further strengthens his BoD leaning once more towards Fortescue Metals for experience...hmmm?
In for a penny in for a pound, so here goes:
Numont and Newcrest consolidate (70/30).
Newcrest hives off Telfer/Hav and FM buys it from NCM.
FM(Wyloo) then buys GGP out.
SD remains and runs it (and other tenements) on their behalf.
Job done and Robert's your mothers brother!
Any questions ;)
Z

Hi Dillon.
I think we'll manage! SD has the best of the best in his BoD's covering all the options (if they haven't already seen it coming). Nothing sparkling for us directly, I suspect - just steady as she goes - don't panic Capt Mainwaring!
Newmont (NEM) are pushing out 700k ozAu/yr @ Boddington WA currently which has been going for 13+ yrs and Hav might just serve Newmonts purposes nicely in the region going fwd, to complement this output and in a friendly jurisdiction.
It might be late in the day now for NCM to bump up their MRE(1) - as NEM have already put fwd their offer. But at some stage I would hope when HAV comes up in conversation - NEM agree to the current rate of progress (due mainly to Telfer expiring) and crack on at a pace.
Maybe, just maybe, NEM might bring fwd the DTM?
I expect NCM to fly tomorrow on the ASX, but GGP (IMO) shouldn't change....who knows.
Maybe an RNS from GGP at some stage when the dust settles? Certainly be sorted by the time he comes to London in March.
All IMO of course.
Best
Z

https://www.ggpchat.co.uk/download/file.php?id=1146&mode=view
So there it is, in black and white (and a little bit of dark blue at the top).
Thanks Liam
Z

I thought I spread my bets quite evenly there Mr Rickards.
Z

Been thinking about the quote(s) from "The Australian" recently, ergo - a sale of Hav/Telfer by NCM. It's a long shot but an interesting one.
I'm thinking - Telfer and Hav owes NCM atleast $500m (recent overhauls / extensions / construction, etc), to date..........and counting, as we progress towards the FS / next MRE(2).

IF......and it's a massive IF, NCM really do want to unwind from Aussie - using Hav as the starting point, then why not?
All they need to do is publish the next (uprated) MRE and advertise for all to see that there is a significant amount of gold down there, complete the FS and voila, the value of Hav doubles.
So let's say NCM spends a total of circa $750m by the time all of this is completed - what price would they sell for, to get their money back / make a profit for their shareholders / start their exit from the region? $1Bn, $1.5Bn? Maybe even $2Bn for Hav and Telfer?
This could be sufficient bait for another major to take it on.

And who do we have on the doorstep - Fortescue Metals might be front and centre for this, in the shape of Wyloo.
If Wyloo gets Hav, it will own just shy of 80% of it (NCM's 70% plus Wyloos existing 9% of GGP shares).
Now does FM (Wyloo) buy out this remaining 20% and remove GGP completely,
or
does FM (Wyloo) incorporate GGP as their operating arm @ Hav/Telfer and get SD to do another Northern Star again?

Food for thought. Or should I say: Pie in the sky?
Z

$3,000,000,000 - how much dilution is that then?
Z