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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
|
|
|---|---|---|---|---|
| -0.35 | -5.74% | 5.75 | 16:35:28 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 6.10 | 5.825 | 6.10 | 5.75 | 6.10 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 15/12/2024 07:28 by hydrogen1 Well that miserable post didn't age well did it ... Imo this is 10p by Friday (but it's worth 35p++ now) ... massive breakout 2months post placing. Today ggp is now Australia's top 5 gold producer:hTTps://you |
Posted at 09/12/2024 10:58 by hydrogen1 Tweet From Willem -Great example of the current undervaluation in mining: Greatland Gold (GGP) just completed buying the Teller Gold Mine from Newmont. Building a plant like Telfer, 4th largest gold mine in Australia would cost at least $2bln) Why? They made the huge Havieron gold-copper discovery right next door. It’s the second largest gold(copper) discovery in Australia. (Almost as large as DeGrey’s Hemi discovery. Northern Start tries buying it for $3.2 bln) So GGP owns assets (valued according to comparable) worth $5bln Today’s Market Capitalization is still sub $1bln Telfer Mine: Value $2bln Havieron Project: $3bln (And huge land positions in the Paterson area) Outlook: They might see a revaluation when they will get a second listing (ASX-Sydney) in H1 2025, and Q1 numbers will start open some more eyes. Disclaimer: GGP is our second largest position, we own almost 0.5% of Greatland Gold |
Posted at 09/12/2024 10:28 by timberwolf Willem Middelkoop post on X:Great example of the current undervaluation in mining: Greatland Gold (GGP) just completed buying the Telfer Gold Mine from Newmont. Building a plant like Telfer, 4th largest gold mine in Australia would cost at least $2bln. Why? They made the huge Havieron gold-copper discovery right next door. It’s the second largest gold (copper) discovery in Australia. (Almost as large as DeGrey’s Hemi discovery. Northern Start tries buying it for $3.2 bln) So GGP owns assets (valued according to comparable) worth $5bln Today’s Market Capitalization is still sub $1bln Telfer Mine: Value $2bln Havieron Project: $3bln (And huge land positions in the Paterson area) Outlook: They might see a revaluation when they will get a second listing (ASX-Sydney) in H1 2025, and Q1 numbers will start open some more eyes. Disclaimer: GGP is our second largest position, we own almost 0.5% of Greatland Gold Study and do your own due diligence .. (thank me later 😇🙏) |
Posted at 06/12/2024 13:33 by lurker5 re DeGrey bid, its not a marker for GGP's value. Just as for Newmont's bid for NCM, (also at similar premium) and other premium bids, these acquisitions are much more valuable to the acquirer (because vital to extend their lives and managements' jobs) than to stockmarket investors (who - the more professional ones - demand a much higher return than the discount rate used by a project owner to calculate NV's. Which is why, except in periods like the present when lemmings are chasing and ramping, a share like GGP will relapse eventually to a proper professional fund manager valuation. Its why private investors aways eventally lose money in these private investor driven shares. Any institutions drawn in an obvious ramping phase are here for short term profits, which they will take once they've done the sums (None have been done or published yet for GGP, except Dim's and his mates' kindergarten fantasies) |
Posted at 06/12/2024 12:12 by lurker5 Do you understand what the justification is for a PER Dim ? It relies on the forecast growth and sustainability of earnings. Once Hav is up and running with regular dependable earnings there won't be any annual growth, so investors will value on a dividend yield basis. But Hav's cash flow will go to repaying capex loans (we won't know how much until the DFS) and on exploration, plus whatever else GGP might buy. What with the panic starting now to buy capacity, there probaby won't be any economically viable projects still available. That's why your assumptions re GGP's future are ridiculous. |
Posted at 03/12/2024 13:37 by hydrogen1 No Toast Just look at the price paid for De Grey. They paid $300 US per resource oz as a first bid with a huge $1.4bn construction capex THAT MEANS THAT NST HAVE TO PAY OVER 6.5BN MIN TO GET DEGREY INTO PRODUCTIONWe have as much gold NOW AND at better grade, with no where near the plant, and metallurgical complexity. BUT Thing was GGP was not for sale. Not like DeGrey. >>>> De Grey’s chosen method is pressure oxidation, a pathway operated at around 20 sites worldwide. For the investment community, many of the questions around Hemi come down to the expected performance of the POX circuit. “We’re very comfortable with pressure oxidation. Almost 40% of the world’s gold production comes from refractory ore bodies,” Jardine said. “There are 20 pressure oxidation plants around the world, including three or four in the Asia-Pacific region. “We don’t see any particular concerns with commissioning that plant.” GGP JUST DIG IT UP AND PROCESS IT. MUCH MUCH MORE SIMPLE. Therefore you can add the ocapex to the price paid which is 590/oz in AUD or $382 US per resource oz IF GGP was valued at $382/ resource ounce let's assume 9moz on todays reports. = US $3.43bn for GGP YUP $3.43 bn based on like for like of UKP2.71bn today if sold... Not to mention the infrastructure that you get with that price. You could arguably take off the $400m Capex to build Havieron but still 20p a share sold now today... But Degrey is 5 years away from production. GGP is in production tomorrow. Big re rate... coming. Funny eh? |
Posted at 03/12/2024 10:59 by hydrogen1 I'm excited Arthur - Truly I am ...This is about to take off... big time steady daily progress, steady news updates and lots of gold production/ ITS been a very long time coming. But finally we are there. Safely stewarded by Shaun 00Day to the other side. Tomorrow GGP is a wold class GOLD producer..,. and A major producer top 5 in Australia. No ramp up. No cost blow outs , no construction overruns nope - None of that. I always said it we would be a producer by late 24 early 25. Admittedly it didn't happened happen exactly how I thought it would 3 to 4 years back. BUT under Shaun Day it Happened and t hanks to the epic leverage of GGPS ROLR. How many AIM stocks can stay that..? not many - virtually none. GGP has arrived in epic style 350kox - 450 koz/ann $1bn gold producer overnight. I wonder what those WDD drill results will look like? - maybe thats the reason Firetrail afre adding om market at prices 40% noire than they came in at, because they get the feeling the WDD results are good too. Congratulations to Shaun, Callum and the team - now we get to enjoy the growth. Could this transaction have been timed any better (given the gold price and the date of the deal Jan-march 2024 where gold was bouncing between 1900 and 2000... Massive - just Massive result |
Posted at 02/12/2024 04:03 by catsick Interesting to see the takeover of de grey on the asx announced today, 5bn aud for a 500k oz pa mine under construction not too far from Havieron, this actually looks a lot like GGP + Antipa , which would easily be 500k of production, with Antipa at 100m aud of market cap and with decent grade ore that can quickly be sent to telfers spare capacity ggp should be getting a deal done asap , all stock and use the antipa asx listing , ultimately ggp needs an asx listing as the value of the company is 50% higher at least there given that when at full production it will be able to issue franking credits to Australian investors need to get out of the cesspit of the uk and aim . |
Posted at 22/11/2024 11:47 by hydrogen1 Stupid boy Pike -It is certain oz super Pension funds that are typically ASX mandated only. And a single Pension fund can own up to 10 or 15% of individual companies. They tend to support Australian companies with an 'Australia First' attitude... Take Sandfire resources the copper company they were principally Australian with tyiheui launch asset Degrussa and Monte mines but are now principally operating in Botswana and the Iberian copper belt. But the Oz super funds own like 20-25% of the company (and that's before all the other big ETFs and fund mangers listed here which are listed 'fund managers' and funds not pension funds.) I have written several detailed poss over on www. GGP chat last year all about the Oz pension funds and how they operate and their Australian bias for commodites. Most already have small starter positions in Greatland... Regarding the 100-200 % Bullishness - Upside there's a rather good post from Bamps21 on LSE which I will repost here. (below) where I largely agree with his numbers and growth potential... Personally I see as easily 4-5x from here (where Bamps an I have disagreed was what the initial DFS Hav Production volume would finally contain - my sources say 6Mt was feasible (and up to 8mt) was possible from Havieron... but Bamps thinks this was unlikely in the first DFS and thus many years away. ) I think you could argue we were perhaps both correct, given the 6month delay to 'contemplate bulk handling system' (ie conveyor decline or haul shaft) Bamps LSE post of this AM: "At the moment Ggp have 30% of 2.9mozeq reserves, that is 870,000 oz eqv. at Havieron. This figure could rise considerably . The 86% conversion factor achieved so far of resource into reserves of 5m+oz eqv equates roughly to 4.5moz eqv. At the moment Ggp has around 19% of the potential reserves given the MRE We could be looking at 5 fold increase in reserves if MNRE expands say 20-30% and the existing resource is converted by 86% Oh yes and now there’s Telfer:- Resource estimate early this year of 426,000oz eqv, Shaun is quoting lately of 500,000oz eqv. That’s a 15% jump. Exploration targets removed from the Newmont MRE could add from 1.3 to 1.5moz eqv ie over a 100% jump. Other assets omitted from Newmonts MRE could = 300,000ozeq Total Telfer resources 2.3moz eqv (less a hefty conversion/recovery factor 65%) would give a reserve approx 1.5moz. Total GGP reserves could be 6moz eqv. Therefore 870koz eq now is 14% gives a 7 fold increase in reserves after acquisition and some updates. On top of this will be the results from the West Dome Deep, I’m estimating 500koz from the top half to be announced in March. A lot to look forward to given the we are in production the moment we get the keys" |
Posted at 12/11/2024 08:59 by lurker5 Oops - heading back to 4.8p as predicted.I don't need apologies - but thnx anyway toast ! Just to remind of the economies with the truth being peddled by Shaugn and totally ignored (or not even noticed) by the clappies 1) NEM is 'happy'to keep 20% of GGP. Wrong. The Aim admission doc says clearly many times that 'if' GGP had been able to raise more than it did, NEM would have taken cash for 10% instead of as GGP shares. But investors obviously wouldn't cough up. 2) Still pretending that SD was 'instrumental' in Northern Star's phenomenal rise. Wrong. SD only joined NS in Oct 2014 (and then in a finance role and not one where technical and economic decisions re an acquisitions would be taken) 'after' the key decsions had been made to acquire cheaply (when they had been decimated by the previous gold price slump) the Jundee, Plutonic, Kundana and Kanowna Belle mines 'heralded acc to the chairman in 2015 'as the arrival of Northern Star as a significant force in the Australian gold mining industry.' It was those, benefiting from the subsequent near 50% rise in gold later on that drove N Star's performance. To pretend GGP can repeat it is grotesque Clappy and Roast Numptie nonsense. 3) Pretending that GGP is more vluable than DeGrey, when any competent analyst can show that DeGrey is far more advanced with a much stronger balance sheet. s 4) Coming after the 'no dilution' blatant weasel words based not on what counts for the shares - ie profitability or cash - but on the remote from value and imprecise 'resource' Its all bluster, as is obviously being recognised in the share performance |
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