GGPChat

Red:I agree GGP has plenty to keep our hands dirty extracting Gold and Copper, no point in getting diverted, happy for WA to put up dollars to look for Tungsten.

Let keep doing the day job the other teams at GGP can explore, but now while vital, can churn through the process aa and when if they report then we can appraise.

Didn’t SD comment that he’d been in contact with ‘the American’s’ regarding said Tungsten - you’re not telling me he’d have a reason to do that if the deposit was as insignificant as a few tens of millions!!

The PRIZE is Telfer.

The way I understand it Tungsten is a side issue, more than happy for GGP to take WA money to help drill, but I think Shaun will not get diverted by O'Callaghans.

We are a (Young) Gold producing company we have more than enough to deal with in the Patterson for several years.

We are still exploring but in a controlled way so as not to affect our main focus, Telfer mining, Telfer mine development, Telfer exploration, Havieron mine development.

Just as with Newmont not wanting more than 10 projects, we can only walk before start jogging when that's OK we can think about running, but this is going to take YEARS.

I recall SD playing it down, recall him mentioning that he'd spoke to the Americans, but assumed at the time it was for some funding/JV with the China situation.
I must admit it doesn't sound impressive if the largest desposit outside China is only worth $60m - Maybe it's a probing question for next weeks TH?

I think Shaun knows that at present it is just a distraction