Greatland Gold Share Discussion Threads

[paddygall] 19/4/2020 07:36

That should make it very interesting especially since NCM already snapped up a JV with Antipa (RIO's partner in the North Paterson) in the area.I think the phrase that was used by the Antipa chairman about the region was 'corporate tensions'Should work out good for GGP. If NCM do make a move they will want to make it stuck first time or risk opening up a budding war.

[magnate1] 19/4/2020 07:25

NCM are aware that Rio are planning to move into the area

[paddygall] 19/4/2020 07:15

It's this an omen or what?https://twitter.com/Racing/status/1251089806894878721?s=19ATB Paddy

[paddygall] 19/4/2020 07:05

Are RIO actually going to put boots on the ground now. I know the own the licenses to the North and South of Scallywag but I don't think they have been actively exploring there yet.Seems all their focus has been on Winu up to now

[magnate1] 19/4/2020 06:56

Fairly obvious that NCM will make an offer to GGP to purchase Haverion site. They owned it originally and missed every drill when they owned it. They also have 100's of millions of dollars invested in the region. Rio Tinto are also moving into the area to commence further exploration. Interesting to see how much they will offer :)

[phattrader1] 19/4/2020 06:25

And it’s owned 15% by newcrest, 15% by BHP..
takeover v soon in my opinion

[phattrader1] 19/4/2020 06:24

Any sane investor would buy SOLG after last weeks RNS. They’re on the verge of a $2.85bn buy-in for their Alpala project which already has measured resources 10 times that of GGP but is only 50% more market cap....
that doesn’t take into account the copper and silver they have.
If GGP is worth 20p, SOLG is worth 250p.

[pr0t0n] 18/4/2020 19:11

One step at the time.
JORC (size , grades , metallurgy - recoveries)
PFS ( pre-feasibility , AISC ,,,etc)

All has to be rubber stamped by SKR / Independently reviewed.



Fellows , T/O is not happening this year!!$...

[1gandhi] 18/4/2020 18:38

Ok. Last 2 annual AISC have been $1253 and $1262 /oz. 6 months to Dec 2019 was worrying $1380.

GGP share could be anywhere between $60 - $130 /oz.

[pr0t0n] 18/4/2020 18:15

Basically...Telfer is on its last legs.
Havieron (for sure) and Scallywag (hopefully) will transform the company`s fortunes.

[pr0t0n] 18/4/2020 18:09

452koz
FY19 Gold Production
15kt
FY19 Copper Production
$1253/oz
FY19 AISC



Their quarterly would tell us more.

[1gandhi] 18/4/2020 17:59

NC Telfer AISC between $700- $900 per oz. So in worst case scenario margin = $800 /oz, assuming $1700 GP: GGP 30% share would = $240 /oz @ $1700 GP, $210 /oz @ $1600 GP.

[pr0t0n] 18/4/2020 16:25

The Perth-based contractor now expects the Telfer contract to be cash flow positive over its remaining term, with the contract set to run until January 2023.

[pr0t0n] 18/4/2020 16:22

Well Gandhi, you could use Google, Start Page or Duck Duck Go see what comes up and tell us . I think that would be greatly appreciated.

[magnate1] 18/4/2020 16:18

They will be out of Telfer within 2 yesrs at massive loss. That's all I know

[1gandhi] 18/4/2020 15:55

Does anyone know NC’s all in cost per oz at Telfer?

[pr0t0n] 18/4/2020 15:43

In hindsight, this was a very good deal for shareholders, see video.
$1.2 billion in 2008.


Lundin Gold purchased the asset in late 2014 for US$240 million.
Lundin`s Market Cap today is $1.2 billion.



Where I`m going with all of this...VALUE.
It`s all about timing imo.
3 months ago I thought that $100 dollars for an ounce in the ground would be fair value, $125 would be today.
Yes, $200 looks high but who knows. >?
JORC ( grades and metallurgy) then PFS (AISC and IRR) ....also POG , before any talk of $200 :-)
No T/O any time soon!

[zooman] 18/4/2020 13:00

Paddy, thank you for that.Zoo

[paddygall] 18/4/2020 12:27

Hi Zooman,

I thought the drilling in the 'new' SW area which seems 10/11 holes closely spaced within an area of 250m radius. That seems to me to be more like infill drilling than sterilisation drilling (I'm not a mining expert though)

More interesting to me is the new drill holes than have appeared in the SE sector. There were initially 2 just south of where HAD016 & HAD019 were and then another appeared on the last satellite image just by the area where they made the track through the sand dunes.

Newcrest already said in the last update that the system was closed to the South & East based on current drilling so to me the logical reason for these holes would probably be sterilisation drilling to check that area for the possibility of siting the decline there.

That would be the ideal scenario - they are conducting sterilisation in the SE and they may well have found another deposit in the SW.

ATB Paddy

[telbap] 18/4/2020 12:17

The hope for us all is they have found another lose bigger than the one we have. CAUTION NOTE.1. They could just be ramping up drilling to get the mine into operation ASAP.2. They could be strerilisation drilling in another area as the first one was a. O go for whatever reason3. They found a maaaaassssssiiiiivvvvvvvvvvveeeeeeeeee lode :-)

[zooman] 18/4/2020 11:30

P, would be nice, the other day you talked about drilling off to one side was this do you think to see the extent of the field or deeper drilling to check grades,Zoo

[paddygall] 18/4/2020 11:22

Zooman, that's the first thing I checked and I agree it's very suss but we will find out within the next week or so if he is genuine it not.I certainly hope he is ?

[zooman] 18/4/2020 11:17

Paddy,Look at the date when this person joined ADVFN. May be ok but the 7th April and three posts.Zoo

[paddygall] 18/4/2020 11:10

Hi Magnate,We all hope your predictions come true mate. When you say, your man on the ground, do you know somebody working out there??