Greatland Gold Share Discussion Threads

[timberwolf] 24/11/2022 07:14

A Great Outcome for Havieron - Gold Mining Journal

[morrgan] 24/11/2022 05:44

14p wow, like taking candy from a baby.

[saracen3] 23/11/2022 17:36

Solg have been up for sale for some years now.

Mining project managers are talking about difficulty getting machinery from China, and Russia obviously, causing extra cost inflation generally.

[zoros1] 23/11/2022 17:05

saracen - they aren't going to tell markets that they are up for sale are they? Not at this price currently.
Did you just state that the 20MozAu is only valid @ $60M in total????
Z

[saracen3] 23/11/2022 16:08

SolGold PLC said Tuesday that it expects delays to its Cascabel definitive feasibility
study, as well as to the Porvenir preliminary economic assessment.
The mining company said the delays come due to increased investment costs, and that it
will take a disciplined approach to advance its higher-priority exploration targets.
SolGold has so far defined the resources at Cascabel as less than $3 per ounce of gold
equivalent, it added.
"The Cascabel project team is rigorously reviewing all opportunities to de-risk the
project, reduce costs and further improve project economics," the company added.
Both Cascabel and Porvenir project are located in Ecuador.
Shares at 0942 GMT were down 0.3 pence, or 1.5%, at 17.6 pence.
Write to Michael Susin at michael.s

[zoros1] 23/11/2022 15:54

saracen - if you're going to talk about Solg - do some research first. "Rising costs" have nothing whatsoever to do with Solg delaying their DFS.
Please keep pace.
Z
As Proton states ....Solg and GGP have now become a chalk and cheese ensemble!

[saracen3] 23/11/2022 14:07

I see Solgold are also delaying their feasibility study due to rising costs and that is Ecuador not even Australia,

[mrpiggy] 23/11/2022 13:52

I look forward to reading through all the evidence you have to back up your last post Saracen, can you post it today please?

[saracen3] 23/11/2022 12:03

I certainly would not expect the feasibility study before next spring/summer.

[jaka] 23/11/2022 11:14

SD just highlighted this article and thanked them for their copy. Lifted from a photograph my post contains spelling and grammar errors.

A great outcome for Havieron

by Michael Washbourne

Listing on the ASX despite locking away up to $340 million reatland Gold plc appears likely to still pursue a secondary to fund its share of the development of the Havieron JV.

Located 45km west of Telfer, Havieron has firmed as Western Australia's next major gold-copper mine after AIM-listed Greatland unveiled a lucrative funding package in early September comprised of a $220 million debt syndicate with three leading banks and a strategic equity investment of up to $120 million from Andrew Forrest's Wyloo Metals

Alongside the funding commitments, Greatland also confirmed that respected Perth businessman Mark Barnaba was set to become the company's new chairman, with former Fortescue Metals Group Ltd chief executive Elizabeth Gaines to serve as his deputy. Experienced operator Jimmy Wilson will also join the board as an executive director.

Both announcements are a huge coup for Greatland ahead of the anticipated release of the DFS on Havieron this quarter, with a decision to mine expected to immediately follow.

All that remains to be seen now is whether one of Australia's greatest gold discoveries of the past decade will be more easily accessible to local investors. At Diggers & Dealers in early August, Greatland managing director Shaun Day revealed the company was reviewing the opportunity to join the ASX. Speaking to GMJ from London in late September,

Day confirmed there had been no change to those plans despite the recent transformational announcements. I've been watching the market over the course of 2022 looking to bring in high-calibre directors to be really confident about how we were progressing the debt, and also signalling that we were considering adding an ASX listing to the Greatland platform," he said

"Having been successful in terms of bringing that board in, squaring away the debt and then bringing in the equity on top of that to complete the funding, there is a very Australian flavour to that equity participation...because it's a high-quality Australian asset with an Australian board and an Australian management team. Given our peer group is on the ASX and there's a really strong universe of Australian fund managers that understand the resources space, I think it's a natural fit to augment what is a very successful London listing with access to the Australian equity market on the ASX platform. And think the participation that we've seen already from Australian funds only strengthens the strategic rationale of being ASX listed."

The funding solution for Greatland's 30% share of the Havieron JV came just weeks after Newcrest Mining Ltd chose not to exercise an option for an additional 5% of the project.

Greatland had earlier undertaken an independent review.

[mrpiggy] 23/11/2022 09:31

Has everyone heard the copper gold interview on audioboom a week ago which includes Shaun Day. Well worth a listen. Apologies if already posted. https://audioboom.com/posts/8197813-midweek-takeaway-copper-gold-special-featuring-colin-bird-leon-coetzer-and-shaun-day-ggp-jlp?playlist_direction=reversed

[mrpiggy] 23/11/2022 09:12

Right on cue the orchestrated selling starts to suppress any positivity on the SP, so frustrating but very very predictable.

[chickbait] 23/11/2022 01:05

Paul Forrest keeps selling. He knows but don't tell sincero1 and the ANGS shareholders..

[chickbait] 23/11/2022 00:49

sincero122 Nov '22 - 18:24 - 82 of 84
0 3 0
down again...its going to be in the 6s soon isn't it...

Is it?

Please specify why??

[sincero1] 22/11/2022 18:24

down again...its going to be in the 6s soon isn't it...

[telbap] 22/11/2022 07:37

I believe gold will move earlier than that TW....q1 2023 will see gold touching 1900$

[timberwolf] 22/11/2022 06:36

Gold to rally to US$1,900 by the end of 2023: UBS

UBS says the Fed will begin cutting interest rates in 2023 from 5.0% to 3.25% by year end, pushing gold to US$1,900 an ounce.

"Investors have had mixed feelings towards gold in 2022, in part due to the crosscurrents of rising real rates and a strong dollar (bearish gold) versus high inflation and elevated macro uncertainty (bullish gold)," UBS analysts said in a note last Friday.

Come 2023, UBS offers a few reasons why gold offers value...

[telbap] 21/11/2022 18:05

Pretty much the only blue in a sea of red.We should be used the the redness cos I think a lot more of that is coming our way in the general market.

[telbap] 21/11/2022 18:04

I see GGP as a ticking investment clock. The longer time moves on the closer to the inevitable decline completion, FS, First ore, first pour and maiden cash. All 30% of it. It's great really, has a warming inevitable outcome which will totally screw all the shorts.Just wish SD was a little like GH and would drop some random RNS 's to deck over anyone short here, just imagine a nice 20% jump in SP, the boys over at JPM would be have a brown pants day for sure :)

[mrpiggy] 21/11/2022 12:58

Groundhog Day!

[halland75] 21/11/2022 07:31

pr0t0n on the other thread coming out with yet another classic.
"At least take some time to make your case".

Bahahaha!
He and Timberwolf have been trying to do that for YEARS, and yet GGP can't even hold onto 8p, and all the cases made by those two clowns are yet to make any sense/materialise.

Go figure!