Member Info for zoros

Jezzoo - the imbecile is incapable of constructive thought. Everyone sees him for what he is......a half wit with a very limited vocabulary. Ignore him...he is backround interference .. a bit like what you get when tuning a radio on AM!
Z

Christmas just arrived early!
Staggering results especially in the DEEPS and the E Breccia.
22 assays still to come.
Drilling the bejeezus out of this motherlode.
Next MRE2(inferred) (Q1/22) will change the landscape for ever.
Expect a GGP RNS tomoz.

This mine is mine!
Sleep well ................
Z

Why do you ask Monte?
Z

for: Hydro, re hyper inflation, Spade re gold and King Salman of Saudi Arabia, re oil.........

There seems to be a lot of background chatter regarding these issues but who REALLY cares?
Why so blasé about all of this, one asks......well two reasons:
First:
Some of us have lived with over 25% (mid '70's) and are still here today :)
The PoG doesn't affect Joe Public.
Oil was way higher in 1980 and 2010.

Tell me one (just one) period in history where ANY of the above have crippled Joe Average permanently?
Of course there is the initial 'bite' where we all sit up and pay very close attention to the hikes but shortly thereafter, it is brought back under control by the powers to be.
Oil/Gas/Petrol will be managed by the government.
Gold - apart from a vanishingly small percentage of the world/country who actually trade in gold daily....no-one hordes gold to defend against "ramapnt" inflation or oil prices or anything else for that matter, do they?
You don't go round to a mate or your boss or your sisters house and discuss how your stash of gold is doing in preparation for D day, do you... or do you?
No 'civilised' government will allow rampant 'anything' to run away from them, for fear of public unrest. Once the protests start, the government acts.
We're not at war, we are not under seige, we are a civilised society functioning within controlled parameters.
Let's keep it in perspective eh? Think of those who living on the breadline.
Shelter food and warmth will always be manageable here....always. We aren't N Korea or Venezuela..........yet!
Z

Hi TT, hope you are well.

I have to say, I found this post by StarBright, quite compelling....no?

---------

"...Manipulation. (23/10/21)
StarBright.
Posters here assert confidently that “the shorter” has controlled the SP for 9 months with a (short) position never exceeding 25m shares (£4m-£5m). During that same period the entirety of shares in issue have been traded, nearly 4.5bn shares at an ADV of over 20m. If one shorter can control the SP with such a small pot, why can’t the legion of small PI’s represented here have an impact when enough of them are motivated to trade?

Perhaps the most consistent misunderstanding in the narrative here is the role and impact of the market-makers. These desks are not omnipotent manipulators. They are flow businesses, making easy money (without having to risk their expensive/valuable capital) in two-way trade. They are better viewed as price-takers than price-setters. All they have to do is sit in the middle of the range in which people are willing to trade and clip their tickets on entry and exit. They don’t need to manipulate the price to make money. Price action here - in common with other PI dominated sentiment plays - is febrile, with quick rises and falls on relatively insignificant volume spikes very much the norm. This suits the MM’s perfectly...."

Z

Matty - on the ball!!! Well spotted that man.
Of course it's meant to say: Q1/22 (for the MRE2(inferred)!
Q4/22 is reserved (excuse the pun) for the DFS.
Z

I agree Hydrogen. Too many assays outstanding and too little time to bring the results to market. I wonder if he will 'pick and choose' what to publish?
IMO - I think the N Breccia first, then the Eastern Breccia is second in his drilling list. Oh and of course more news from the 'deeps'!
Best
Z

I'm looking fwd to finding out IF or what they have found in the Eastern Breccia and the deeps. Hydro and now Bamps think this could be a geologists dream about to unfold. Let's see if they report the 4 assays covering these areas?

It might be a 'tad' too early for the 5 JURI assay results, but one never knows with Sandeep......

I expect him to reiterate that the MRE(inferred) for Hav that was expected in Dec 21, will now be Q4/22.

Z

Hi Bamps - Telfer........
2 trains, each capable of approx 11 to 12 Mt/yr throughput. Sandeep has suggested that one train will commit to Hav in 2024 once it starts producing. Although 3Mt has already been mentioned ove an 11 yr mine life (SLOS, currently, though could change), we all know (especially SD and Sandeep) that this will be dwarfed by the time the FS is published.
I expect atleast 5 to 6 Mt/yr production rate late '24, early '25.
As you rightly mentioned, there are other suppliers coming online @ Telfer, should all be well, not to mention, the Telfer mine itself increasing its mine life. Overall, IMO, I think Sandeep will need to think long and hard about expanding the processing plant to accomodate this increasing demand.
PS: I think the chances of Hav ore mixing with other telfer ore - is diminishing quickly. Why? Because the grades @ Hav are so good, they may not wish to dilute it during Stage 1.
Z

Afternoon all. Bit early for me as I am a night person especially when I post!
Day off today, no travelling and locked myself away.

Some ramblings if I may:

Bamps - you missed the conversations ongoing last night about the PFS and various views on what it represents, it already being out of date and what is hiding in the breccias adjacent to the SE crescent.....catch up old boy!

I would like to remind those amongst us who are beginning to feel restless about the pace of change (in particular wrt the SP). I continue to mention that only a few things 'rock the boat':
MRE's / PFS's / FS's / Bids / JV's / breaking news. Mostly everything else is nice to hear about (IE: assays etc) but they don't move the dial much, in the medium term). The CRUCIAL thing to remember is that we are all watching a film (drama) unfolding in 'fast fwd'. The rate of progress here is astonishing compared to the norm....remember this. The other reminder is that (unlike a rainbow) there really is a pot of gold at the end of the journey waiting for you and you've done the hard bit (invested and stayed!). Enjoy the journey, savour every step of the way and chat warmly with your like minded investors.
Z

While you're on Strudel, I'd like to thank you personally for your tireless and relentless satelite updates over the years. Paddy gets his well deserved recommends for his superb feedback in this domain but I often think you are sometimes overlooked. Thank you for your contributions.
Z

Apols if already posted:

https://miningmaven.com/blog/1190-greatland-gold-ceo-day-says-best-of-havieron-project-still-ahead-as-exciting-study-hits-market-ggp-g8g

Z

Starbright / Lenz.

As has been pointed out by SB a few days ago, there appear to be some deliberate discrepancies between the NCM PFS and GGP's growth RNS and PFS response.
NCM are clearly citing H1 and H2/24 for first ore. GGP are citing CY23/24 (I believe their CY commences June) for first ore:
https://greatlandgold.com/wp-content/uploads/2021/10/GGP-Growth-Update-Final.pdf

The 'takeaway from all of this is that NCM are by their very nature taking a conservative view so as to establish a sure footing with the BoD and its shareholders. Anything better than this will be a bonus. GGP are 'bigging' up the study to attract big players.
I think we all agree that both perspectives are well and truly out of date before the ink dries.

I say again:
The PFS covered 53Mt of ore resource identified in the MMRE(inferred)(10.12.20).
This accounts for approximately 6% of the SE Crescent / N Breccia resourced during the MMRE (Current mother lode size: approx 900Mt).
28% of the MRE(inferred) is now uplifted to MRE(indicated): 2MozAuEq.
To date 1.7% of the SE Crescent / N Breccia now ‘indicates’ 2MozAuEq.
And all of that is from the SE crescent only.
In Q1/22 a MRE2(inferred) will be published. This will update (not upgrade) the remaining 72% of the original MMRE from additional infilling and additional growth drilling figures.
This is what the PFS is about, this is what Stage 1 (starter mine) is about (SLOS).

Stage 2: Continue drilling to increase the maiden resource. Publish a MRE2(inferred) for SE Crescent (Q1/22) to reflect this additional drilling. Complete the DFS (Q4/22).

Stage 3: MMRE(inferred) for Eastern Breccia. Additional MRE(inferred) for N Breccia.
Update MRE(indicated) for SE Crescent. Decline completes.

Stage 4: [2023/24] mine the SE Crescent. MRE(indicated) N Breccia. MRE2(inferred) E Breccia.

I for one genuinely believe:
(a) gold will emerge from Hav before the end of 2023.
(b) Throughput @ Telfer will exceed 3Mt/yr by the end of 2024.
(c) NCM will make a bid for all of Hav (post FS).

Enjoy and savour

Z

So what was their reason for excommunicating you H?
Z

I agree Sanibel. You reap what you sow.
I struggle to understand the level of intellect and intelligence some have by typing responses to these suspect posts. Why does the urge to react bypass your common sense?
Allow this to continue and the forum will be unfit for purpose......its purpose being to enjoy the ride that GGP has offered us, share your enthusiasm with like minded people and finally benefit enormously at the end of the journey.
We are supposed to be a community with joint vested interests. Why are some on here incapable of controlling these urges to rock the boat and make it even worse than it is....for others trying to appreciate constructive discourse?
You are weighing in on the side of the disrupters and expediting the demise of what should be one of the best forums on LSE.
Think of others before you hide behind your keyboard mask.
Z

Matty56: 30/11/19.
Z

This is all I have currently:

08/21. Sharug project 3000m drilling commenced. 6 hole drill programme.

Z

No new MRE(inferred) forecast this year now. Next year (Q1), we hope!
Z

Damn! JURI link

https://greatlandgold.com/wp-content/uploads/2021/08/GGP-Corporate-Presentation.pdf

so sorry.
Z

TomE - sincere apologies, that'll teach me to proof test the links before publishing, eh?

https://greatlandgold.com/wp-content/uploads/2021/10/GGP-Growth-Update-Final.pdf

Z