GGPChat

Hi Masham.

Hydro's posts are still around. They have been moved to the "Gold, Silver and Copper" area.

ATB RA.

Hi Hydro I think it's as simple as looking through the inventory of assets and determining how they were going to make their $2Bn. As for Telfer, the empirical data shows that there is no absolute guarantee that they will ever work the plant at 100% capacity again, therefore it will (in their minds)...

Updated from RNS which advises progress is now at 2824 as at 8 Oct.

Hi Emc When I first started the graph, I simply calculated the decline length as 2800M (ie 400M vertical at a decline of 1 in 7) It then became evident that the regular reports were including ancillary cuts such as passing bays and any necessary side cuts. I think it was Bamps who put me onto the pa...

Hi Mremc2 Nope, not at the town hall but did read all the reports from the various attendees so am aware that SD is predicting completion of the decline in the Jun quarter - ie Apr to Jun. You'll have seen my regular reports on the sticky thread area of the reference library. The last of which had a...

Updated from SD pres on 13 Sep where he advises progress is now at 2692 as at 1 Sep.

Updated using information from 12 Aug RNS.

Update to graphs following NCMs ASX announcement on 25th July. Decline now 2510M.

apologies as even as i write this i figure it probably should be a new thread, but hey ho. what is the timeline we are looking at, is it worth having an interactive chart with major mile stones along to the way and probable timings? i understand we are looking to have first gold next year, but it w...

Update from today's RNS. Decline greater than 1700M with overall tunneling of greater than 2400M.
My best guess is that decline may be completed just in time for Christmas. Then move on to develop the mine structure.

Updated to show until Mid May. Snapshot taken monthly - mid month.

Ziggy - The exploration updates were centred around the NCM quarterly updates, ie every 13 weeks. GH negotiated that we would get an interim updates inbetween the quarterlies. Therefore, the interval between updates was normally 6 weeks then 7 weeks then 6 weeks etc. However, every few years the ext...

jecsggp. As the ore is taken out of Havieron, it will not be split down into GGP ore and NCM/NEM ore.....it will be JV owned ore. It will then be transported to Telfer and processed there with the costs being borne by the JV in proportions as per the JV ie 30/70. Any income generated will also be sp...

Looks like we have a much better estimate and reference for the amount of tunneling required for the decline. Thanks to Bamps and Paddy under the Havieron subject.
Below are the modified graphs with 3694M being the overall tunneling target.

Bamps - Thanks. When I originally created the graph, I calculated that the decline would need to be 2800M to reach 400M below surface at a rate of 1 in 7. Early on, Zoros advised me (below) that the decline length should actually be 2600M - graph was duly modified. Subsequently, it has become obviou...

Adjusted to show total runnel length as 3250M. Comprising 2600 for decline plus a further 25% (650M) for ancillary tunneling for passing bays and ore storage..

Updated to reflect the information contained in the RNS of 27 April 2023.

There has been some discussion on LSE recently about whether SD should be releasing an MRE or possibly even a FS. Significant downward pressure on the SP has led to folks wondering how SD might be able to shore it up and an uplift in MRE could achieve this. It's also been suggested that he is requir...

Updated to reflect the 16/3 results.

Hi Frolinde Whilst I agree that there is a chance, I'd say it's very low......lots of pieces to fall into place. 1. Newmont have to be willing to increase their offer for Newcrest. 2. Newcrest BoD would need to agree that it is a fair offer and put it to their shareholders. 3. NCM shareholders would...