Member Info for zoros

ggphelp
https://ggphelp.co.uk/

You free for a drink next week. I'm back there from Tuesday.....AC rooftop?
Z

So many posts, so little time.........
Everyone has made constructive inputs about this aspect of the farm in agreement.
Having researched it again, I think, we have the definitive answer (which captures everyone's inputs):
1. The Farm in Agreement was signed in March 2019.
2. The time line provided, was 6 years (March 2025 ) after which the agreement ceases.
3. The PFS has been pushed back from Stage 3 to Stage 4 (Nov 2020).
4. There is a 'qualifying period' (stage4) and an 'optional period'(post stage 4) for the 5%.
5. When $20m has been spent AND the PFS has been completed, the 'qualifying' period kicks in.
6. When ALL the staged (1-4) milestones have been completed, the 'option' to buy 5%...kicks in.

And now the "pièce de résistance"....the 2019 - 2025 Farm in agreement timeline is currently nearing the end of stage 4 and we are only 2.5 years into the 6 year deadline!
Breakneck progress. NCM wants this badly!

https://greatlandgold.com/wp-content/uploads/2021/08/GGP-Corporate-Presentation.pdf
(page 23)

Bamps: The FS you talk about...this falls under a separate arrangement where NCM have 'loaned' GGP an additional $50m. Payable up to AND including the completion of the FS, Q2/22.
This is not associated with the Farm in Agreement, directly.
And as we all know...it is at this stage (publication of the FS) that GGP/NCM will sit down and discuss moving forward (or not as a JV) to build the Bulk Underground Mine BUM, for short!).

Z

I'm sure Paddy won't mind me redirecting the 'find' to Hydrogen for coming across this little "nugget". (@0925 this morning).
https://coringmagazine.com/article/qa-from-experts-conversation-dr-brett-davis/
Kudos Hydro....you don't miss much do you?
Z

It depemds on whether you are interested in watching the SP jump after the 5% is bought by NCM, I suppose.
So QED, when this happens (for some) is essential info for their DD.
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Evening Lenz - I'm led to believe that after the PFS, NCM get their 70%. The 5% 'option' happens at the end of the stage 4 period signed in March 2019...hence .March 2025. I stand to be corrected though.
Z

Let me spell it out for you one more time eh?
"He dies in the end".
In english that means the man who plays 007....dies. Ceases to exist, flatlines...OK?
Where did I say that the "character" dies? Who stated that the job description:007 - ceases?
Now who is deliberately thick?

I can't believe I am having this discussion with a grown man (or men).
It is an effing fantasy film ffs.
Next you'll be blubbering in your popcorn over the identity of Superman (Clarke Kent by the way)...oh no....oh perleeeeze don't...oh feck......not another complaint from snowflakes.....
Z

Quades, if yuo'd been follwing me form the bnnginig, you'd konw who I was, wherr I live and what I do. But yore memry is going, oftn the frist sign of EOD.
Next you'll be telling me my post is all jumbled up........heh...heh.

And spoiler alert number 2: James Bond..........he ain't real, simply a pigment of your constipation my son.
Z

Easwayd1 - again, for balanced discussion, these 'poor' miners are all young fit strong people who work 6hrs on 6hrs off, live @ Telfer air conditioned accommodation (courtesy NCM) and earn between $100k and $300k.
http://iminco.net/mining-job-salaries-how-much-can-you-earn-mining-careers/

Z

Are you lot effing serious......The news that Daniel Craig was making this his last film, was out bl ood y ages ago ffs!
Gawd, where do you lot live...under a blanket?
Here's just one of dozens of stories I just lifted from the net telling us he snuffs it....
https://www.independent.co.uk/arts-entertainment/films/news/daniel-craig-james-bond-leaves-b1922400.html

Get a life......
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Thisbarcode....email me...i'll send it. Zoros@mail.com
Or goto https://ggphelp.co.uk/dates/ for a slightly watered down version.
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No

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Zzzzzzzzzzzzzzzz.
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Palentir......gorn.
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DBW..no it's not. Typical over the top fantasy land ...but well made. Very long film (2:40) and sadly missing sufficent 'innuendo chit chat' like the old james bond films cos the snowflakes have gotten to the script.
PS: He dies in the end!
Z

Yes I'd agree with that figure of 23 to 25p say..... by CoP 2021.
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Mog - love this bit:

"...Have a Plan A. And a Plan B.
Plan A: “We can build and operate this on our own” scenario and Plan B: “This larger scale, bigger-
than-Mount Everest mine is beyond our means, but let us dare to dream big” scenario. Optionality of
scale and finance-ability on your asset are both key to staying in the game. Five of the six M&A
transactions that I’ve been a part of have had this trait, a Plan A and a Plan B, each with at least one
scenario that was financeable by the junior. ..."

Good find...thanks
Z

Hi Bunky - the PFS provides a backdrop in which II's can add to their DD with relative confidence. The cost projection deduced by the PFS (to build the mine) falls within a 25% accuracy bracket I estimate the mine to cost circa £1.2Bn (before the PFS comes out).
MM's like PFS's. It forms a milestone in their overview of a junior miner/discoverer.
NCM (the aothors of this PFS) are past masters at providing very detailed PFS's.
The September timeline for the MRE(indicated) has past. I suspect (therefore) that it will now be included in the PFS instead. This would add a little bit of meat to the bone (4.2MozAuEq).
So I will stick my neck out here and suggest the SP (on the day) will rise by 10%.

There are other timelines queuing up to be published over the next 11 weeks of trading remaining in 2021. My money is on the MRE(2)(inferred) set to be announced in December.
I can only begin to imagine what this will do to the SP but I think it will eclipse the PFS outcome.

09/21. Juri JV discovers gold @ Goliath / Outamind. 5 assay results pending.
09/21. At Hav, additional significant grades identified between 1200m and 1450m.
Significant grades identified in N breccia Potential to expand the MMRE(inferred).
E breccia 600m extended strike length. 18 assay results pending.
Q3/21. MRE(Indicated) for SE Crescent and adjacent Breccia zones. (timeline broached).
10/21. Los Diablos / Parlay / Saddle reef assays due.
28/10/21. NCM September quarterly results.
Q4/21. Havieron PFS. (On completion, NCM will own 70% Hav JV).
11/11/21. MSCI quarterly Index Review (effective 01/12/21).
09/12/21. NCM Interim report.
12/21. MRE(2)(Inferred) for extended SE Crescent and breccia / N. breccia zone.
12/21. GDXJ quarterly rebalance. .
12/21. Option for NCM to take over management @ Juri JV.

What's there not to like?

Z

7°

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2673m
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