Greatland Gold Share Discussion Threads

[come on] 30/11/2022 07:52

Seems a good deal with what they have going on already

[pr0t0n] 30/11/2022 07:44

Greatland enters an option agreement to sell its Tasmanian exploration licences

while retaining a future economic interest in the projects

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, announces that it has entered into an agreement with Flynn Gold Ltd (ASX: FG1) (Flynn Gold) providing Flynn Gold an option to purchase Greatland's Tasmanian tenements, Firetower and Warrentinna, for an option fee of A$100,000 (GBP55,000). The option may be exercised during the option period which ends no later than 30 June 2023.

Highlights

If the option is exercised by Flynn Gold, the following additional amounts are payable to Greatland:

-- An initial purchase price of A$200,000 (GBP110,000);

-- Deferred consideration of:

-- A$500,000 (GBP278,000) if a JORC resource of at least 500,000 oz of gold is announced; plus

-- A$500,000 (GBP278,000) if Flynn Gold obtains a permit to mine, in respect of one or more of the tenements; and

-- A royalty equal to 1% on net smelter returns in respect of any production from the tenements.

[halland75] 30/11/2022 06:23

I think 3p is too much, seriously.
I honestly wouldn't risk money here, even at 1p!

The years have shown me that this share is all mouth and no trousers.
I can't see anything bar losses here.

IMO.

[sincero1] 29/11/2022 17:46

originally I said I would take a punt at 3p ...now I will wait for sub 2 and then I am not sure...

[skyship] 29/11/2022 13:55

Topped up at 7.45p:


free stock charts from uk.advfn.com

[mrpiggy] 29/11/2022 13:47

I concur Jakarta, its very frustrating and it happens all the time!Any upward movement is always sold down on and if we finish the day a few percent up then it is almost always the case that an after hours trade brings it crashing back down!My question is who is behind it and to what end?

[jaka] 29/11/2022 13:37

Any momentum north hits a red wall of nearly 64.97m shares on loan, that is down by 220k from yesterday though against recent trends. It's been an effective device for keeping the market cap down.

[skyship] 29/11/2022 13:33

TW - Many thnx for posting that great Charles Archer article.

With now no more cash to be raised, ergo no more dilution; maybe time to increase my weighting here. Currently at a rather parsimonious 3%.

[wisteria2] 29/11/2022 10:29

Gold.. Aus dollar $2,610 and £1,464 troy oz. Copper is expected to increase over the oncoming with supply shortage. US $5.00 a lb.
The increase in demand from central banks for gold is quite eye opening as Archer points out in timberwolfs link above.

GGP hold for the gold

[halland75] 29/11/2022 06:44

Well it certainly could be.
What I do know, December in recent yeas has not been a good month for GGP.

I hope the trend continues sincero1.

[timberwolf] 29/11/2022 06:11

The 2023 investment case for Greatland Gold shares
Investing Strategy - 28th November 2022

[blackhorse23] 28/11/2022 15:43

Bought more MCL (LSE) today , something brewing & bouncing back

[mrpiggy] 28/11/2022 14:45

There looks to be a lot of support for the share price around the 7.4p mark the last few days, it seems to bounce off that level. Very disappointing for the 6p thread!

[alhambra1] 28/11/2022 12:45

Awww....I'm SO disappointed...

Only those with plenty of time to waste should apply!?

😁

[telbap] 28/11/2022 12:39

Alhambra appears to be our usual idiots in another disguise....member since October 2022. right, another one for the filter

[mrpiggy] 28/11/2022 12:37

bra1, an advfn member since 30th October 2022, all posts on a few threads all negative. Hmmmm?

[pr0t0n] 28/11/2022 11:46

We do not know exact date:

A further update will be provided as value enhancing options are assessed

Feasibility Study Update

-- Technical work to support the development of the Feasibility Study continued during the quarter. While the study remains in progress, it will be extended beyond the December 2022 quarter to allow further time to maximise value and de-risk the project. A further update will be provided as value enhancing options are assessed

-- The extended study will seek to de-risk the project by capturing the ongoing successful growth drilling campaign and allow potential resource conversion to increase production potential and mine life of Havieron

-- Further optimisation work is underway as part of the Feasibility Study which will contribute to offsetting any potential impact of inflation

[jaka] 28/11/2022 11:26

Newcrest CERTAINLY" not in a hurry" YEAH RIGHT! You must be the only one thinking that S3 just ask the long suffering Newcrest shareholders. Mr Sandeep Biswas disclosed he normally sells some shares to cover the tax bill on any vested shares. "But I did sell some about three or four years ago in order to fund a beach house which my wife wanted," he said.And you S3 think he should be running Greatland? Says a lot about you. If Mr Biswas and the board don't get their fingers out soon the "First Strike" will be followed by a second and they'll be gone.

[sincero1] 28/11/2022 11:19

halland75 ...6p ? .. lower for sure ....

[alhambra1] 28/11/2022 09:52

Pig - not much to chuckle about here m8....

[saracen3] 28/11/2022 09:52

Very happy to make you chuckle.

Going nowhere till the feasibility study next spring or summer.

Newcrest certainly not in a hurry. Matters totally out of GGP control.

[mrpiggy] 28/11/2022 09:36

Well at least we have your posts to look forward to havent we saracen!I always warm to people who make me laugh.Keep them coming Saracen, I love a good chuckle! ;@)

[halland75] 28/11/2022 07:30

6p next month, nailed on!

But as we know...
Gervais knew!
😊😊😊