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GGP Greatland Gold Plc

7.60
0.125 (1.67%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Greatland Gold Plc LSE:GGP London Ordinary Share GB00B15XDH89 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.125 1.67% 7.60 59,055,707 16:35:14
Bid Price Offer Price High Price Low Price Open Price
7.55 7.70 7.675 7.45 7.45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores -14.87M -0.0011 -69.27 977.68M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:50 O 2,500,000 7.60 GBX

Greatland Gold (GGP) Latest News

Greatland Gold (GGP) Discussions and Chat

Greatland Gold Forums and Chat

Date Time Title Posts
01/2/202511:38GREATLAND GOLD - CHARTS & NEWS34,129
31/1/202521:32Callum knows - The 37p + Thread7,731
29/1/202516:41GGP - Independent explorer, soon to be gold producer776
20/12/202408:07HydroWrong's Greatest Hits80
25/11/202408:39Greatland Gold Australia31

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Greatland Gold (GGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-01-31 17:15:007.602,500,000190,000.00O
2025-01-31 17:15:007.5314,500,0001,092,198.00O
2025-01-31 17:15:007.531,000,00075,250.00O
2025-01-31 17:07:507.60495,00037,620.00O
2025-01-31 17:02:247.701,28298.71O

Greatland Gold (GGP) Top Chat Posts

Top Posts
Posted at 01/2/2025 08:20 by Greatland Gold Daily Update
Greatland Gold Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker GGP. The last closing price for Greatland Gold was 7.48p.
Greatland Gold currently has 13,079,294,602 shares in issue. The market capitalisation of Greatland Gold is £996,642,249.
Greatland Gold has a price to earnings ratio (PE ratio) of -69.27.
This morning GGP shares opened at 7.45p
Posted at 27/1/2025 13:56 by gowlane
Not invested here but keeping an eye on it.

My calculations show about $20m per month net profit for the stockpiled ore


Costs calculated as follows

No mining cost but a couple of dollars handling costs according to Shaun Day, so allow A$3 per tonne. Processing costs of A$14.90 and Telfer site G&A of A$4.09, all adds to A$22 per tonne, see GGP presentation in Dec 24.

Multiplied by 35.4mt gives A$778m total production costs

Add on A$10m for GGP HQ admin costs and A$106m for sustaining capex (per GGP).

Add on realisation costs. The GGP presentation in October 2021, page 12, estimated then as being USD $120/oz. Adding 10% for inflation gives us USD132 or A$211 per oz. This amounts to A$88m, leaving us with total overall costs of A$982m.


Now revenue calculations

82% recovery on 509,000 ozs gives 417,380 ozs of gold produced

Say Gold revenues of A$4,100 per oz, less 3.5% Govt royalty gives A$1,651m net

72% recovery on 19,800 tonnes of copper, gives 13,416 tonnes of copper produced

Say Copper Revenues of A$13,500 per tonne less 3.5% royalty gives A$184.564m net revenue.

Deducting the copper credits of A$184m from costs of A$982m costs gives us net costs of A$798m


On to Profits

Deducting A$798m costs from gold revenues of A$1,651m gives pre tax profit of A$853m

Less 30% tax leaves us with A$597m profit after tax, equal to USD of USD373m

If produced over 18 months gives a net profit of USD20.7m per month

Still a chunk of money but nothing like the figures being quoted

My main caveat would be that a 40 year old mine might require extended shut down periods for care and maintenance and the recovery rates on the low grade stockpiled ore might be lower still than those experienced in December.
Posted at 23/1/2025 12:19 by hydrogen1
Abrahe00 .. I think it's necessary to reshape your thinking here.

Hard, but we have to look at Greatland though an entirely new lens: The company has been truly transformed by Shaun Day. Simply put it's not a 'JUNIOR GOLD developer' anymore - it's a top 5 (soon to be ASX listed) Australian 'gold miner'. Obviously a HUGE SUCESS from management using extremely clever deal execution and leveraged circumstances.. In my view Shaun Day is yet to be fully recognised for this frankly astonishing achievement (but don't worry, that's still to come).

IMO we have to accept there probably wont be that much exploration news or new link ups/ JVs with far flung organisations for some time (especially with speculative companies who have nothing tangible to offer - eg Wishbone or GBP).

I'm not saying there won't be new drilling; at Scally or Black hills. I'm, sure that will continue. I think the corporation's intense focus will NOW rightly be fully on transforming Telfer.

Telfer is a massive proven, former T1, globally significant, gold mine. Transforming it back into a major, highl profitable gold/copper asset is by far the biggest and best opportunity for Greatland. It's immediate payback. Every dollar spent at Telfer directly improves our balance sheet - which in turn, directly increases the chances of perfect execution success at Havieron. Telfer pays for Havieron... Havieron makes us rich.

Havieron is an exceptional, massive asset. The delivery of its full development potential will not only be hugely profitable, but also fairly complicated from an engineering perspective. There is a well known adage - within the mining industry - that a junior bringing on a single development asset, as a single asset company, is about the most difficult risky scenario in gold mining. Period.

which means there's a lot of upside too.

BUT The fact is - we NOW have side-stepped that risk with a 400z PA gold mine in Telfer humming away for 2, 3, 5 or 10 more years, making this company far less risky. Greatland and Havieron is hugely de risked. And now the fact stands, extending Telfer's mine life is more important than anything to GGP shareholders right now...

For a long time - We were led to believe the narrative that Telfer was running out of gold. I'm not sure where that came from , probably Gervais and Callum - but we were led to believed that's why Havieron was so critical to Telfer. Which long term, sure, it was... so it was not dishonest... However we now understand Telfer's short mine life was probably more a function of NCMs operational laziness and competition for capital within the group than Telfer running out of gold.

SO - The truth, it transpires was slightly different. Hav was critical to Telfer and NCM long term because they saw Telfer as a problem asset compared to Cadia. But the timescale is not well understood. Shaun day said Telfer was ripe for a massive overhall. Telfer is so big Daysays it may easily run for another 10 years (or like Jundee another 20 years), if the gold price environment supports economic production.

I can’t emphasise enough that when I first met SD a few years back how excited he was at the prospect of making a huge efficiency savings at Telfer. He was literally chomping at the bit back then, ridiculing the way NCM ran Telfer with that "stupid little NCM book of theirs "How to mine gold” ...from the 1980s that they still followed to the letter".

At the time it had no context, because I don’t think I believed he could pull it off - it was like an outrageous childhood fantasy or something! How could GGP possible buy Telfer and Havieron?! - well, just look at how the cookie crumbled.

That ALL facilitates a low risk pathway to the full (5-6Mt - ie GGP scale) development of Havieron. Once production is executed, then other opportunities such as Antipa will be considered to fill Telfer; eventually.

Reality is today we are a long way from that. Matty Michael ex miner who presents on Money of Mine pod cast claimed In todays podcast some crucial NEW intelligence :



that there was once a high level plan some years ago to mine the whole zone between the main dome open pit and the the west dome open pit and underground. That's an absolutely F massive opportunity to contemplate, but the 2017-2019 gold price probably precluded it...

Well >>>> Hello $4400 AUD gold my old friend...

The next key transformation will be the re-rate to match Australian Goldie peers as GGP become a top 4/5 Australian gold miner :

I can guarantee that hasn't happened yet - but it is going to be quite a ride.

Enjoy ;0)
Posted at 05/1/2025 15:01 by lurker5
Another mind-bogglingly irrelevant and desperate gem from our Dim friend displaying his utter ignorance of markets and funds. How does anyone who hasn't analysed Pengana's portfolio and the performance contribution from each holding tell that its GGP holding will continue to help its out-performance ? For all anyone knows it happened to catch GGP at just its lemming spike while other holdings might have contributed more. To say that because a fund has a GGP holding means GGP will continue to outperform is what one would expect from a child - and a very backward one at that. Every time you post Dim, you dig yourself in even deeper. You know nothing about fund management and their managers capabilities and tactics.
Posted at 04/1/2025 09:15 by lurker5
Thats the whole point Dim. One you've missed like all the others you miss. Dilution keeps share prices down even as market cap increases Doh ! (And I thought your mummy would have told you it's share prices that count for all you little children. Market cap is irrelevant. And what counts with the big boys when comparing miners isn't share prices, or shares in issue, or even market cap - its 'enterprise value' - Doh !) - which is why the Lassonde Curve doesn't work for share price, as little children seem to believe
Posted at 19/12/2024 09:26 by lurker5
I see there's another nonsensical 'target' from Canadian SCP Capital (was Sprott, admitted to be 'non-independent' research and after doing deals for GGP). What's nonsense is to tot up all SCP's estimates of future cash flows as a 'target' value and hope mug investors think that's what the shares are 'worth'. Only a mug would pay 'up front' (which is what that is) for income up to 15-20 years ahead from risky mining. Especially when use of only a 5% discount rate which inflates the 'target', means any mug doing so, (and if the outcome is as SCP 'estimates' for each year) merely gets his 'target' value back over 15-20 years plus a mere 5% annual return. (Basic investment maths). Other nonsenses include comparing Price/Nav with an 'average' of others, when anyone who follows mining knows such averages span an enormously wide range of actual metrics meaning an average means absolutely nothing and no competent analyst would use it. What DOES determine mining share prices is annual cash flows and SCP's table shows after a 2025 temporary boost, cash flow collapsing (due Hav capex) until steady state from 2029 when maybe a 10p share price would be justified.
Posted at 17/12/2024 14:11 by knil
The share price is in the high 6's, MM's manipulating the share price down to fill a large order, they do what they like.
A long way from 4p, which will never happen.
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://youtu.be/RRbK8ApYW4A?si=FzDFWa3pZXVR0rNPHere Rick Rule puts GGP next to industry blue chips; Wheaton Precious, Franco Nevada, Agnico Eagle and Sovereign Metals...He waxes lyrical that he LOVES the ggp Geology ... because GGP = Geology ALPHA !! When you know this and understand why, (like me + Rick) it's easy to show the trolls the middle finger. ?See y'all at 15p
Posted at 12/12/2024 11:09 by wisteria2
What's not to like !! GOLD increasing its value, and the share price is up 50% in the space of a few weeks. Considering GGP has 100 percent of havieron, and with telfer thrown in as a substantial producer the share price is only going higher imv
HOLD for GOLD

8.2p for xmas
Posted at 10/12/2024 14:28 by arthur75
After all the recent "excitement" and positive rns' the share price has barely budged, bit of a worry for the lths isn't it ? Long way to your mid 20s averages isn't it chums?
By the way ,share price was 9.60 at the start of this so called great year by the rampers.
More pain to come imo , mind the spike! LOL LOL LOL LOL
Posted at 09/12/2024 18:22 by ste2000
Deputy dog,

what does the share price matter, as its market cap not share price that shows the value, ya daft mug! secondly there is tons of producers with a market cap a lot less than GGP!

You defo are a total thicko! There is tons of micro producers, small producers, mid tier producers and majors, how low is your intelligence dopey dog!! please think before you post!

Once GGP consolidates its share price the price will be 75p on todays price, so now go and do some research and see how many producers are under 1.25b, too many to list!
Greatland Gold share price data is direct from the London Stock Exchange

Greatland Gold Frequently Asked Questions (FAQ)

What is the current Greatland Gold share price?
The current share price of Greatland Gold is 7.60p
How many Greatland Gold shares are in issue?
Greatland Gold has 13,079,294,602 shares in issue
What is the market cap of Greatland Gold?
The market capitalisation of Greatland Gold is GBP 977.68M
What is the 1 year trading range for Greatland Gold share price?
Greatland Gold has traded in the range of 5.025p to 8.85p during the past year
What is the PE ratio of Greatland Gold?
The price to earnings ratio of Greatland Gold is -69.27
What is the reporting currency for Greatland Gold?
Greatland Gold reports financial results in GBP
What is the latest annual profit for Greatland Gold?
The latest annual profit of Greatland Gold is GBP -14.87M
What is the registered address of Greatland Gold?
The registered address for Greatland Gold is SALISBURY HOUSE, LONDON WALL, LONDON, EC2M 5PS
What is the Greatland Gold website address?
The website address for Greatland Gold is www.greatlandgold.com
Which industry sector does Greatland Gold operate in?
Greatland Gold operates in the GOLD ORES sector