Greatland Gold Share Discussion Threads

[negan] 04/7/2024 15:36

"In Shaun we trust"

[p@] 04/7/2024 15:36

If GGP gets intouch with Anglo America they might buy the aquifer water to put out their coal mine fire .LOL

[negan] 04/7/2024 14:34

Shorts are absolutely screwed over a barrel and praying for a miracle

[negan] 04/7/2024 14:32

Rubbing my hands at all of that instant cash flow we receive as soon as we takeover Telfer with those millions and millions of stockpiled tonnes of ore whilst the tailings dam is being repaired $$$

[havinthelasttoast] 04/7/2024 14:09

That’s not how it works hydrowrong.

The nonsense you wrote about LTH saving GGP is the biggest codswallop ever. You are a total nut

Still love you though because when the real news comes we need rampers like you to create a big fantastic pump for newcomers for my exit liquidity.

The price will go so much more than the value and toast will join your ramping gang as I quietly exit x

Lovya loads

[hydrogen1] 04/7/2024 13:42

If everyone had sold out GGp would have been long gone by now.

[havinthelasttoast] 04/7/2024 10:44

The NPV by Berenberg is calculated on GGP own calcs of 1750 gold I believe and they are using a 1x multiplier which by your own writings is not achievable, 0.4 would be more appropriate. The price is where it is because the company is where it is.

It isn’t fully funded yet, there is uncertainty regarding the processing plant, the initial mine won’t generate us more than 80m revenue per annum before Australia gold super tax and our debt will be hundreds of millions. Our current share price is already too high and has a lot of forward baked into it.

It’s a decent speculative punt at this price. What sort of idiots didn’t sell this from 15p all the way to 38p 3 years ago hahahahhahaha

[lurker5] 04/7/2024 10:22

Hydro-D missing the point as usual. Completely unable to understand that its not just the merits of the mine that counts for the share price - but much more the financial structure betwen it and the shareholder. Its why a mine's NPV is almost nothing to do with the value of a share. Thats been explained to him a number of times. But his addled mind always comes back with some irrelevant item of info he drags out of the pile of dross accumulated in what he supposes (and others laughingly call) his brain

[hydrogen1] 04/7/2024 09:51

All Based on a hatchet job PFS that would have got Shaun taken out of the back and Shot had he produced that at Northern Star...

Smell the coffee Lurker. Look at the resource cut offs. everything oout there is based off the NCM starter mine plan which coincidentally ignored and ommited a huge volume of highest grade material ~4g/t material (right at the top of the ore body within the breccia , but outside the sulphide arc)

Newcrests NSR in the PFS uses $1400/oz gold and 3.6 copper as its price metric.

The games played by NCM to underplay and undermine this deposit - which is now already 8.4moz plus - are nothing short of idiotic and truly epic.

THe real world gold price is 64% higher and the copper price is 34% higher.

They literally shot their own legs off.

[havinthelasttoast] 04/7/2024 08:24

Unfortunately lurker is spot on. You never get close to 1x NPV so 12p in current situation is far too high.

However we have lots of upside potential. If we end up with 40 to 50 percent of havieron and tefler and fully funded we will have done remarkably and this will be a a good springboard for long term growth.

[lurker5] 04/7/2024 08:20

Berenberg's and brokers NAV is based on a discount rate that satisfies a miner's required rate of return, which is far too low to satisfy investors in the shares - which is why share prices never, ever, get anywhere near their NPV based 'targets'. All a bit too finacially technical for Hydro-Dim, and a useful share puffing fudge for brokers and companies. And a good way to bamboozle AIM pi's who don't even know what an annuity (same principle as behind an NPV) is

[havinthelasttoast] 04/7/2024 08:12

So now we need another discovery. A 3000/1 shot on every hole drilled.

Poor hydrodim, a broken man.

[timberwolf] 04/7/2024 06:18

Berenberg suggest that Greatland Gold's new CFO appointment is timely...

Greatland Gold PLC's appointment of Dean Horton as CFO is timely as the miner nears a pivotal stage in its Havieron gold-copper development in the Pilbara region of Australia.

A definitive feasibility study on the project, due in 2024, and a full project funding solution to come are the next key steps.

The appointment will also provide a solid footing as joint venture partner Newmont progresses the sale process for its Havieron stake, Berenberg added, should the opportunity arise for Greatland Gold to participate in a value accretive transaction...

[hydrogen1] 03/7/2024 23:47

Another discovery certainly would do it...

[havinthelasttoast] 03/7/2024 18:56

A price target of 12p is based on one times Berenberg’s discounted cash flow-derived net asset value.

Need a lot to go right here boys to get the big payday.

[jaka] 03/7/2024 18:33

The sale price of Telfer will be included in the significant legacy clean-up expenditure. The workings and landscape have to be made good. Newmont doesn't want that baggage and that's why it's all in the Havieron package. Shaun Day said that Telfer would be ideal, but if they had to build a mill and link to Havieron then that would be the way forward. The most of us vested here will be dead before Havieron is worked out and like Telfer that inevitable clean up has already been estimated and costed.

[negan] 03/7/2024 16:58

7.5 whoop, whoop

[timberwolf] 03/7/2024 16:46

Indeed! It's all somewhat curious, but, at the same time, there's clearly a huge amount going on in the background, that, although I'd like to know about it, I accept that I never will, unless, and until, something is maybe put to a shareholder vote.

That all said, my gut feeling, is that we'll hear something relatively soon now.

GLA & DYOR

[mrpiggy] 03/7/2024 16:14

I was expecting the surge in today's gold price to drag the share price up. Shenanigans at play here for sure.

[millwallfan] 03/7/2024 15:59

Or a discount for taking on a potential liability ????

[cu5hty] 03/7/2024 14:33

I guess the BoD's preference will be to buy Newcrest's 70% as opposed to being stuck with another senior partner.

But at what cost? Presumably Telfer would be included too/ Does Telfer get thrown in for free or at additional cost?

[telbap] 03/7/2024 14:31

My look forward is seeing the full extent of Haverion, and then if we get telfer in the deal all the other potential Haverions around us, buying into them or even buying them outright, milling deals, it goes on and on and on. Sit tight, enjoy the ride.