Greatland Gold Share Discussion Threads

[daddy warbucks] 10/1/2023 10:54

You could be right Pr0t0n on NCM having the say on when they report.As for Rio, you know what I meant lol!A big drill result at Scallywag and we could become a takeover target, before we know what we have.

[pr0t0n] 10/1/2023 10:33

RIO is different beast altogether, I wouldn`t compare them to GGP...LOL


"Stage 2, now underway, contemplates an additional A$17m over a further three years (total A$20m over five years). Newcrest currently hold a 51% interest in the Juri JV. Greatland is the current manager of the Juri JV."

Actually, after reading the above NCM holds 51% so that could potentially have an impact when these can be published.

[daddy warbucks] 10/1/2023 10:14

The drilling may have been unsuccessful. On the other hand they may have found something!

Remember when Rio first started drilling Winu? Everything shrouded in silence.They didn’t want to let on for some reason.

[pr0t0n] 10/1/2023 09:37

UK,

Then why just not simple explanation in one of the interviews, or even RNS.

"we concluded our drilling campaign, all cores are in the labs, results in 2-3 months"

[uknighted] 10/1/2023 09:32

According to a recent q&a SD clearly stated that he does not sit on news, he always shares it with the market.

[skyship] 10/1/2023 09:29

Today's RNS explains those 24.8m trades at 8.3p at 12:34 on 6th Jan.

Directors selling to fund taking up the balance. Point is somebody hoovered them up at that level. Our new 8% stakeholder would be my guess.

[wisteria2] 10/1/2023 09:22

LOL, telbap always the optimist a'

[pr0t0n] 10/1/2023 09:21

I`ve no idea, I mean they`ve been drilling since June.
I looked at Antipa`s results.
They had them in November , completed drilling in August.
One has to ask...WTF is going on ?!

[timberwolf] 10/1/2023 08:42

I mentioned this on the other site last week, and my best guess was this week, mainly as I didn't expect anything last week, and this is the first full trading week after the break. Also, Shaun Day did state recently, for Scallywag, "If not before Christmas, then January", and they finished at Juri before Scally, I believe.

However, as always, only time will tell...

[pr0t0n] 10/1/2023 08:18

Still no assays from JURI JV , or from Scallywag.
Back in `21 we had all results before Xmas.

[timberwolf] 10/1/2023 08:11

All the best for 2023.

Copper and gold hit new seven-month high, which is splendid for the Havieron gold and copper deposit.

[timberwolf] 09/1/2023 13:53

Gold Solidifying Amid Shaky Macro Outlook - VanEck

An interesting read from VanEck.

OK, there's always going to be a bit of, "they would say that wouldn't they", but some valid points.

[telbap] 09/1/2023 09:31

Morning all. Another day closer to that FS.January and February will be interesting months for a change :)

[minja19] 09/1/2023 07:23

re: POG
post 27866

USA/RUSSIA trade Gold for OIL
Gold target 3,600

[pr0t0n] 09/1/2023 07:00

Anymore of GEM = curtains.

[timberwolf] 09/1/2023 06:40

The POG has just hit a high of $1879.98 so far today, a now, 8 month high.

[saracen3] 08/1/2023 17:51

Add some sparkle with emeralds
Gold is a unique asset, prized for its lustre, beauty and value.
Coloured gemstones are rather different, but also in demand. Rising prices and growing awareness are good news for Gemfields, which owns the largest ruby and emerald mines in the world, as well as the luxury Fabergé brand.
The company has a tangled history. Listed on the stock market until 2017, the group was taken private by a specialised investment firm, leaving many ordinary shareholders feeling disgruntled and short-changed.
Gemfields relisted in February 2020, just before Covid-19 virtually closed the market for coloured gems.
The shares have rebounded from pandemic-induced lows, the price is 18.5p and chief executive Sean Gilbertson is optimistic.
The son of mining veteran Brian Gilbertson, Sean has mining in his blood. And he is keen to make a mark.

+4
•
Luxury: Ruby and emerald miner Gemfields also owns the Fabergé brand, which is famous for its decorative eggs
Gemfields owns an emerald mine in Zambia and a ruby mine in Mozambique, but it sells rough stones at auction too. Four emerald auctions delivered record revenues of $149 million (£125million) in 2022, a 62 per cent increase over 2021. Three ruby auctions generated record revenues too – $167million, compared with $147million the previous year.
The Fabergé business helps put coloured gems front of mind among wealthy consumers and a 007 Fabergé egg is expected this year, commemorating 60 years of James Bond films. Gemfields has not been helped by civil unrest in Mozambique, which put expansion plans there on hold.
Nonetheless, its balance sheet is strong and Gilbertson is a dividend enthusiast, with 2.6p expected for this year, putting the stock on an extraordinary yield of almost 14 per cent. Brokers forecast a payment of at least 2p for the current year, rising to 2.4p in 2024, making Gemfields one of the very few firms offering inflation-busting income.
Traded on: AIM Ticker: GEM Contact: gemfields.com or 020 7518 3400.
MIDAS VERDICT: With a volatile history and an uncertain future, Gemfields is not for the cautious.
But adventurous investors – or those with a penchant for precious stones – may fancy a punt at 18.5p. And the fat dividend adds extra sparkle.

[saracen3] 08/1/2023 15:35

Gemfields tipped in Mail on Sunday pointing out 14% dividend yield.

[pr0t0n] 07/1/2023 10:05

I can`t see that option...

Will delete my previous post, don`t want it on this thread.

[skyship] 07/1/2023 09:41

Interesting - never realised there was that 3rd option.

Can I go back and amend an existing thread from Read only to a Read & Write version?