Greatland Gold Takeover Rumours (GGP)

Tommy P says to investors and shareholders, that smiling Shaun Day ain't so bad. We know Telfer is at end of life mine and its going to cost us an eye-watering cost to decommission, redundancies, you name it. We at the board have been in negotiations with the world class board on board at Greatland Gold and we feel it is in shareholders interests for Greatland Gold to takeover Telfers liabilities and forthcoming abandonment costs. The non productive open pit to be. Hands up who wants Telfer? Hands up who wants our 70% of Havieron?

No doubt the lower aquifer is adding to delays but nothing that can't be addressed. Just needs careful planning and execution. Re-Telfer. If GGP become the new owners and if gold keeps going up then this increases the mines life as the lower grade ore is still profitable. So if we do takeover it gives us more time until we reach the high grade ore at Havieron. That's when serious cash flow starts to come in. We become an instant mining company if we take over Telfer and we can pay the interest just from Telfer. I'm wondering if Shaun and his team can strike a deal where we pay Newmont interest for the first few years and when cash positive we pay the remaining balance on whatever that amount will be? So many options. Exciting

Rio must have an interest in the takeover of the 70% of Havieron and Telfer. Surely they are to big an outfit not to be in the running? Come on Shaun, show them what you're made of, show them we can do this, we always knew this 🚀

The timing of the cross listing on the ASX financially is pivotal to Greatland's ambition, mentioned so many times by Shaun Day, to become a mid tier miner. Yet again I point out the obvious, why would Shaun put together this management team just to run a junior explorer. It's ridiculous to think, IMHO, that they'd allow Havieron to be sold out to say Rio when Rio doesn't even mine gold, anywhere, and the copper reserves, for the same reason Newmont say the gold reserves are not high enough at Havieron, wouldn't suit their business model criteria. Rio talks in millions of tons of copper not hundreds of thousands. Palmer did say Telfer was coming home and that includes Havieron and I would say that it was part of the negotiations with the Australian Government that lead eventually to the decision allowing the takeover of Newcrest. Exciting times and can't wait to see the River card.

Agreed Arthur but think the 14p takeover comes this year. A double ain’t too bad so I’ll keep averaging in as it keeps going down. Hopefully it goes down to 3p but I think it will hit a floor there if it does.

Takeover bids incoming INMO. Shaun said it would have to be an eye watering offer. Callum says its a win, win 💰 💰 💰

Looks like 10p is very shaky. Always gives up any rises quickly. Don’t know why the faithful think it will be any different this time. Company is in trouble. Needs capital badly. Of course if they get a takeover bid accepted you could see 15p. That’s the risk you take. Only have to look at HZM another one of hydrowrongs badly timed gambles lol Love the way they are celebrating 10p and talking about pounds again when 10p not that long ago was described as impossible. I do love the rampers. They have a short memory. I don’t.

Daddy Warbucks. Another question? So if Newcrest did loan GGP shares and failed to close them before the Newmont takeover are Newmont now liable for said shares out on loan?

Similar to how Newmonts approach and takeover of Newcrest started, I wonder if an informal approach has been made towards Havieron/GGP?Hence the sudden rise!

hazl, not just a mention "Havieron future linked to Telfer: Prior to its takeover by Newmont, Newcrest stated the continuity of Telfer Operations extends into early FY25 with its West Dome Stage 8 cutback approved in November 2022. In the short term, we don't expect Newmont's plan for Havieron will differ from the proposed Newcrest development timeline. Newmont will hold a stronger hand in any potential divestment discussions of its Telfer and Havieron assets with Havieron in production and de-risked. Initial production from Havieron will be processed through the Telfer Mill, located 50km to the west. In the long-term, we expect challenges in Telfer maintaining its production profile to meet the size of the Telfer Mill. A new standalone mill at Havieron, correctly sized, may be the best option to capture the most value from Havieron. The last sentence is interesting

For Avoidance of doubt Lurker5 is part of a moderately well funded shorter syndicate called Master Investor. They are currently getting absolutely creamed and are watching on in abandon at the million size buys landing here... Now to be clear - They aren't the high end professional shorts that created the real havoc at GGP for NCM's takeover- no - they are just the little 'jump on board' boy piggy back shorts. Anyhow it's clear for all to see : Check out their tips: Horizonte 88% down top to bottom Hells bells. And GGP 61% up bottom to top Indeed the Shorters are very close to being totally screwed. Jabba is huffing furious and Jerker's 'wise' words of Mastery - Hmmm? ... - that it's 'only worth 3p' are looking wholly wrong, and rather, well disingenuously slimy. Lurker5 you are proven wrong; this shares has more chance of reaching £4 THAN 4p I stand by that statement. roll on 16p becuase it will come again.

Oopsie 4% up already... Big close coming. Maybe 8p ...? Then the fun really starts next week. The question is why... why now...? Remember that massive NCM Short... The one used to batter the fuck out of GGP for a cheap takeover...? The takeover failure that cost Sandeep his Job...? Can you hear the sound of Troll silence...?

Shorting is the lowest risk thing to do with GGP. I do it on private investor accounts and thus have balance protection and 5 to 1 leverage. I’ve already withdrawn more than the bet so how would you expect I lose?? You muppets will never get it. We don’t make the price go down. The share is a dog that is going to run out of money. If they get a takeover bid só what I will lose account balance. You can have up to 20 accounts in a main account. I love the FCA and their negative balance protection.

Malcontent: Bigger games indeed... The Newmont takeover probably will mean a full review by them of every project that Newcrest was involved in. This will take at least a year... which ties in with the delayed DFS. I too invested a long time ago, pre the original Newmont deal on Ernest Giles. I just didn't expect things to take this long and had hoped that someone would have bought us out by now. It doesn't look like that is going to happen anytime soon. AIMHO.

Professionals have been trading GGP for many years. They are predicting that weak hands are going to be selling small amounts leading up to Christmas due to the cost of living. Wyloo are not our biggest shareholder for a reason. 10 and 20p are being bandied around on lse for a takeover price. No chance. INMO it's a minimum of 88p. Watch the attack coming. Looking forward.. Nos da 🎣 ðŸ￾  Sets timer.. â￾°

Interesting take, that the PFS was weak to keep the price down and attract a takeover. We await the Feasibility and the 'real' IRR then, which may or may not be spectacular. As for Shaun's talk at town hall, he is unabashed when it comes to forward statements.

Dead duck.Both you and Don are looking at PFS that was designed to facilitate a takeover… The real deal will produce spectacular return. Shaun said openly at the Town hall that Havieron will have ‘half the mining cost of Northern Star’. And Havieron stopes will be up to 125kt vs 25kt at NST. This -IMO - is what Don can see looking at the drilling.