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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Greatland Gold Plc | GGP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 7.40 | 16:35:25 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 7.50 | 7.35 | 7.55 | 7.40 | 7.40 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 19/7/2024 07:02 by timberwolf New Asset Manager with 33 million Shareholding in GGPAccording to the latest Morningstar GGP Ownership it's interesting to note now that we have a new asset manager, which hasn't been there before, Konwave AG, which has a new holding of 33 Million shares. They are a "Swiss provider, FINMA approved Asset Manager Collectiv Schemes, who offers active investment solutions in structurally attractive themes with a focus on gold mining", and "In gold mining we focus on the most prospective stages of the mining industry. This is done by a very close cooperation with top geologists, which is instrumental for the stock selection within the small cap sector." |
Posted at 18/7/2024 07:50 by hydrogen1 Wong lowIf Newmont breaches the JV there are 2% penalty clauses contained whereby whoever fails to meet their side of the JV must give 2% more of Havieron over to the other party in the event of a material breach: there is in effect no way Newmont can or will 'walk away'. Without of course transferring the ownership of Havieron 2% at a time to GGP = thats worth $20m a pop to ggp - (nice but unlikely) This is why they are spending millions $USD fixing the tailings dams rather than making a sharp exit. They have no choice neither morally nor tactically but to deliver JV or terminate the JV but on mutually agreed terms with Greatland. Therefore Negan is correct. In this instance Newmont cannot just walk away well not w/o that significantly impacting their ownership of Havieron. |
Posted at 17/7/2024 23:08 by hydrogen1 SellHighbuylowWhoaaa! You daft brush - you seem to have forgotten the rise from 0.035p at the other side of that chart, which shows GGP rose over 2500% over the past 10 years, and delivered a 305% rise over the past 5 years for holders. It may be 'junk to you' but it's a pretty amazing investment, to most sensible people. After all - the Nasdaq the king of market returns has in fact only retuned 120% over the past 5 years and 305% (ironically) over 10 years. Not a patch on Greatland's 2500% Return on investment over that period. You'd be almost 10x better off being in GGP than the NASDAQ (and were probably over 1000x better off holding GGP and selling at 35p - rather than the best performing asset class globally the Nasdaq. Just saying. And whilst e are on the subject: If Newmont breaches the JV it is my understanding that there are 2% penalty clauses contained whereby whoever fails to meet their side of the JV must give 2% of Havieron over to the other party in the event of a material breach: there is in effect no way Newmont can or will walk away. This is why they are spending millions $USD fixing the tailings dams rather than making a sharp exit. They have no choice neither morally or tactically but to deliver JV or terminate the JV on mutually agreed terms with Greatland. Therefore Negan is correct. In this instance Newmont cannot just walk away well not w/o that significantly impacting their ownership of Havieron. |
Posted at 12/7/2024 10:56 by hydrogen1 I dont need to argue with you over Skeena Mcap. It validates my opinion, by example. GGPs valuation is based on quality management and expectations of delivery. The facts speak for themselves. The Skeena Chairman categorically agreed with my assertion, that junior miners at the start of a mine's production cycle on a good asset with grade and scale should be valued at 1xNPV...The Skeena the price is on its way to gaining 100% days since the dilutive fund raise yet they are miles away - 3 full years - from production. It is still in full price discovery mode, and has a good way to go to $3bn NPV. but in terms of timesclae they are not comparable GGP is far closer to delivery. |
Posted at 12/7/2024 09:54 by havinthelasttoast What’s the market cap of Sheena that has roughly the same as us ? 1b cadAlso remember skeena has pumped up it will give back a load of its gain and the price will likely settle down around 700/800 cad or roughly same as GGP. Shows how well GGP is valued at considering it’s a minority owner and controls nothing. Thanks for making the comparison it does really highlight how potentially overvalued GGP is. Not looking good at telfer. My sources say bad news re dams |
Posted at 11/7/2024 21:06 by hydrogen1 Toast you tool - you jump from one Garbage can to another. Its irrelevant because we get paid in UDS unless we raise monwy in Pounds and spend them in dollars. We dont we raise money in Auz dollars and spend them in AUZ dollars or US DollarsOver the past 5-6 years the US dollar has got progressively stronger against the pound (approaching near parity in October 2022) with a litle bounce in the UKP over the past 6 months. As we get paid for our copper and gold in USD, the low pound to dollar rate suits GGP shareholders in terms of absolute investment returns. We mine gold spending Auz dollars. We get paid for that gold concentrate on international markets in US$. GGPs gets paid USD and that gets converted back to UKP for our results and dividends. THe stronger the USD gets against the UKP, the better for Shareholders. As a producer ( or very close) `I'd much rather have a strongish USD than 1.8:1 as it was 10 years ago. As we are unliely to raise money in the Uk. We dont sell our gold in pounds do we? But if the dollar falls the gold price rises. so a falling dollar is off-set regardless. |
Posted at 26/6/2024 10:55 by havinthelasttoast Ummm deputy dog. So Sheena has more resource than GGP and owns 100 percenf and is extremely high grade but in case you didn’t notice the share price is less than GGP, let that sink in. Less than current GGP price.I’ve never said funding couldn’t happen on a 100 percent basis but as they need to buy the other 70 percent they will need an equity partner. Anything over 50 percent ownership will be a great result. The valuation is fair currently compared to market comparable but it could easily go below 5 if we have more dilution. Ya daft ramping mugs not selling at 38p hahahahahah |
Posted at 25/5/2024 22:08 by knil lasttoastWhat do you think the price will be if we get taken out then ?. The share price has fallen since a high of 36.9p in December 20 but GGP is in far better shape now thanks to Shaun Day even though the share price is much lower. I think the share price has also been manipulated over that 3 year plus period to shake out and disgruntle a large number of PI's. If GGP are successful in getting some or all of Newmonts 70% of Havieron it will put their share price well over 11 pence for the ASX cross listing (A$ 0.20cents) and possible fund raise at that time. There should be a good demand for GGP shares from institutions and others in Australia as it is a fairer mining friendly environment in comparison to the UK. We need out of AIM and an ASX listing for an Australian company makes sense and UK holders could still have ASX listed shares in their ISA's. A full London listing was mentioned in the last LSE interview by Shaun and would also be considered (as there is a large number of UK PI's I presume) but more costly if listed in both countries. |
Posted at 01/5/2024 12:37 by celeriac1972 This ROLR may be enormously valuable to GGP.The value might only be realised via a distributive negotiation with Newmont though, where GGP’s gain is Newmont’s loss. Now Newmont is looking to sell the 70% interest in Havieron they’ll be all over anything that could stand in the way of price maximisation. So I expect Newmont and its lawyers to be looking extremely closely at the ROLR wording. If there’s a way it could be unpicked that could be extremely valuable in their favour. Has anyone outside of the companies involved seen the actual wording of the ROLR? What circumstances does it contemplate? Is it seamlessly operative both before and after any DFS and associated decision-to-mine? Are there any small print exclusions or cut-outs? Have Newmont acknowledged the existence of the ROLR in GGP’s favour? Can GGP shareholders be completely confident that the ROLR wording is strong enough to force the separation of the Havieron 70% from the Telfer sale if necessary? Can GGP shareholders REALLY be sure that the ROLR wording is unequivocal, legally binding and fully enforceable if necessary? Who were the people in charge at GGP when the wording of the contracts containing the LROR was drafted? Were they and their retained lawyers capable of drafting watertight wording? You’d have to think that Newmont will be subjecting it to extreme stress and pressure testing if it is so valuable. Investors should be very careful in placing reliance on critical contract wording if it’s hidden from sight, for whatever reason. |
Posted at 26/4/2024 12:21 by hydrogen1 You are missing the point. It's about $500m US to build a 350koz plant and mine at HavieronTelfer needs Havieiron, more than GGP needs Telfer. This is called negotiating leverage and GGP has it on its side. IMO the narrative is being 'staged mananged' now for a lowball bid to buy Telfer= 70%. Wouldn't surprise me if Wyloo Orchestrated the entire situation. It's in their inetersts to see the value of Telfer and Haveiron 70% be as low as possible. A high GGP share price is a part of the valuation. Would not surprise me if these Global prime Partners unidentified custodian has been 'enlisted' to manage the GGP share price Nothing would surprise me where $20bn of gold are at stake |
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