Next Minelab

[Gold Catcher]

17 minutes ago, RONS DETECTORS MINELAB said:

yeah I think we’ve been you know quite consistent. We’ve got two gold detectors,

If one is the GM2000 then the other one has to be either the "8000" or a SDC successor. But I suspect it will be the 8000.

GC

[RONS DETECTORS MINELAB]

32 minutes ago, Gold Catcher said:

If one is the GM2000 then the other one has to be either the "8000" or a SDC successor. But I suspect it will be the 8000.

GC,

I could only hope that the GM2000 is an ultra pulse that uses the Just released Coiltek Elite-Max coils. That would be the best thing for gold hunting with all our mineralized gold fields that kill VLF’s depth.

[Knomad]

Pure Speculation..!

One big question is -- Will the 8000 or whatever it is called include target I.D, Ala Algoforce, I suspect that new PI feature may have been stolen from early R&D for the future 8ooo, for no doubt they have been working for years on the successor to the 7000, but was in no hurry to release it as long as existing sales were ok, But the 6000 no doubt cut into 7000 sales and Algoforce has added to it.

Another possibility is the Algoforce has forced Minelab to add such an I.D feature and that has delayed the new model.!

[VicR]

17 minutes ago, RONS DETECTORS MINELAB said:

We’ve got two gold detectors, two recreational detectors, and two countermine detectors coming out over a period of time you know our various technologies all leapfrog technologies, so that’s what we’re excited about.

Those comments come straight from the CEO of Codan - Alf Ianniello in reply to a question to a business analysis from Macquarie Bank (very major Australian investment bank). Alf would be very careful in what he says to the market - Macquarie Bank will write up an investors report based on what he has said which is that he is very up beat on Minelabs future sales of metal detectors especially the 2 gold machines because of technological change - and Macquarie could write up a report that says - now may be a good time to buy Codan shares because profits are forecasted to rise over the next 2 years. So based on Alf's comments the share price could increase but if Codan/Minelab do not deliver the machines the market expects then their share price could be savaged. Publicly Listed companies in Australia are very careful on what and when they disclose information to the share market.

" companies’ disclosure requirements are clearly set out in the ASX listing rules, the Corporations Act and the ASIC Act – public companies must immediately disclose any information that could affect the price or value of their shares."

but i do agree the terminology of leapfrog technological change smacks a bit of marketing hype. Was the GPX6000 a leap frog change to the GPX5000? - to me it was simply because it found gold on the same old ground that had been flogged for the last 40 odd years by other detectors. Will the Gold monster 2000 and the 2nd new gold detector be a revolutionary change or an evolution ? - that is the question that we will soon be debating. Also has the Gold monster 2000 been designed to take on Nokta, Algoforce and Garrett PI gold machines? If not then the second gold machine would from a marketing point of view have to be a SDC replacement to compete against these machines which would mean no new GPZ replacement in the short term - but then remember the GPX5000 has recently be discontinued which points to another high end machine - so this only makes sense if the Gold Monster 2000  is a PI machine designed to take on Nokta, Algoforce and Garrett PI gold machines.

[phrunt]

I'm sure the GM2000 is a VLF, it makes no sense to continue a model line and completely change it from VLF to PI, the second machine is more likely to be taking on the new lower priced PI's.

It was a stretch to call the GPX 6000 a GPX, but going from VLF to PI on the same model name is taking it too far.

 

[VicR]

But how does a VLF Gold monster 2000 provide the leap frog technology?  From a marketing perspective you already have "Gold Monster" brand awareness that you don't have to invest more money into.

[phrunt]

3 minutes ago, VicR said:

But how does a VLF Gold monster 2000 provide the leap frog technology?  From a marketing perspective you already have "Gold Monster" brand awareness that you don't have to invest more money into.

Single frequency to SMF maybe?  The leapfrog isn't necessarily both models either, the PI might be considered a leapfrog.

Leapfrogging occurs when a company bypasses traditional stages of development to either jump directly to the latest technologies (stage-skipping) or explore an alternative path of technological development involving emerging technologies with new benefits and new opportunities (path-creating). 

Adding Target ID to their PI would be considered leapfrogging too, something they've never done before but a competitor has, no patent on the Target ID method on the Algoforce.

[VicR]

 

3 hours ago, phrunt said:

ingle frequency to SMF maybe?  The leapfrog isn't necessarily both models either, the PI might be considered a leapfrog.

Leapfrogging occurs when a company bypasses traditional stages of development to either jump directly to the latest technologies (stage-skipping) or explore an alternative path of technological development involving emerging technologies with new benefits and new opportunities (path-creating). 

Adding Target ID to their PI would be considered leapfrogging too, something they've never done before but a competitor has, no patent on the Target ID method on the Algoforce.

I can see where you are coming from but i take you back to Codan's CEO February comments " all (of the 6 new detectors) will be leap frog technology" then he singles out the two new gold detectors " performance of next generation gold detectors will be at another level". So i believe the leap frog technology will be in both new gold detectors.

[RONS DETECTORS MINELAB]

39 minutes ago, phrunt said:

 

I'm sure the GM2000 is a VLF, it makes no sense to continue a model line and completely change it from VLF to PI

 

Not sure yet if PI or VLF but the GM-1000 was a hot name and Minelab would be wise to keep this well known name even if it was changed to an ultra pulse.
This would be how they could compete with the Axiom and Algoforce.
Goldmonster is $799 Manticore is $1299 on the back to back sale, Axiom is $1600 on their 20% coupon, and Algoforce is around $2000 with a good coil. Not sure where their prices could come in with this GM2000 if only a VLF, best guess would be probably around a $1000, but if it is a PI then $1,399 would allow it to smoke the competition especially if any decent iron reject or target ID and of course Minelab’s awesome automatic ground balance features (geosense).