Greatland Gold Share Discussion Threads

[negan] 12/7/2024 10:36

H1, was for the Fudsters

[hydrogen1] 12/7/2024 10:29

You actually don't have any sources, Toast apart from brown staining variety...

Re TS7/8 dam wall - simply Not our problem, for now: Newmont have to fix it. And It will have to be a first class job designed to last decades.

I hope it costs them $10s++ of millions $$$ to fix, frankly. BECAUSE it suits the sell it off narrative - All the more reason to justify giving this 'problematic' Telfer/Hav asset away to little old GGP for a song ;)

Love it. Keep the sauce flowing.

[havinthelasttoast] 12/7/2024 09:54

What’s the market cap of Sheena that has roughly the same as us ? 1b cad

Also remember skeena has pumped up it will give back a load of its gain and the price will likely settle down around 700/800 cad or roughly same as GGP.

Shows how well GGP is valued at considering it’s a minority owner and controls nothing. Thanks for making the comparison it does really highlight how potentially overvalued GGP is.

Not looking good at telfer. My sources say bad news re dams

[hydrogen1] 12/7/2024 09:35

I'm not moaning Negan :)Skeena now up 72% despite the terrifying 'DILUTIVE' fund raising... and massive gold stream off take with Orion.Smelling the coffee - :roll:Degrey gets billions in funding away, despite massive CAPEX very complicated 30-40% refractory gold metallurgy and is years to productionSkeena gets funding away and is 3 years to production with no permits to mine or environmental permitsGreatland - is 'months' to production 80% of the way to the highest grade part of the orebody and has a 22mt plant built ready to go.Just Saying...

[timberwolf] 12/7/2024 08:07

Telfer for Sale: ASX juniors could play a role in the consolidation of a legendary WA gold field
Stockhead - 12th July 2024

- Newmont is selling Telfer and its stake in Havieron after taking over Newcrest Mining in a US$15bn deal last year
- That means the M&A potential of the Paterson Province in WA’s East Pilbara has been blown wide open
- Newmont-backed Antipa Minerals is one of the biggest resource holders across the district, holding the 1.8Moz Minyari Dome project and JVs with Rio, Newmont and IGO

The US$15 billion dollar takeover of Aussie gold icon Newcrest Mining by the world’s biggest producer, Denver based Newmont Corporation (ASX:NEM), has seen the historic Telfer gold mine and a majority stake in the adjoining Havieron discovery hit the auction block.

Considered non-core by the near 7Mozpa gold producer, it promises to be the biggest restructure of one of Australia’s most significant gold fields in decades.

Operating since the 1970s, Telfer is the crown jewel of the Paterson province on the eastern edge of the legendary Pilbara mining district.

But it has been crying out for a major discovery to extend its life and keep the ~400,000ozpa gold mine and copper producer operating in full flight.

The first step to rejuvenating the 32Moz Telfer has been uncovered in the form of the 7Moz inventory at the 70:30 Newmont/Greatland Gold Havieron JV.

But with the underground development only likely to fill a portion of Telfer’s enormous processing plant and a number of challenges around tailings management at the Telfer mine itself, a premium will be placed on additional discoveries made in the surrounding region.....

... ld%20field

[negan] 12/7/2024 07:45

Good moaning

[havinthelasttoast] 11/7/2024 21:25

If affects the share price you tool

[hydrogen1] 11/7/2024 21:24

Historically, March through June is the worst seasonal period for gold and silver prices. From 2004 to 2023, the average month-on-month rate of return on gold priced in U.S. dollars is as follows: March -0.03%, April -0.2% and June -0.25% (source: Bullionvault.com). This year, however, the price of gold rose 13.8% from $2,054 at the end of February to $2,338 at the end June (front-month gold futures prices) over those three months. Silver rose 29% over the same three-month time period.I believe there's two key factors which enabled the prices of gold and silver to defy the monthly seasonal pattern established over the last 20 years. First and foremost is the enormous physical demand from the eastern hemisphere, which has spread to several countries beyond China, India and Russia. The second factor is what I call "stealth QE" from the Fed.Although China claims that the PBoC has not bought any gold for the last two months, I think anyone who has researched the issue of the amount of gold China buys and holds does not believe that report. Andy Schectman (Miles Franklin Precious Metals) said it best about the report on his weekly Arcadia Economics podcast: "Why would it be in the vested interest of a country like China to tell us the truth? They tell us they only have 2600 metric tonnes of gold...and in my entire career everyone would always say that the Chinese are very much not forthright with how much gold they accumulate...and I think it would be in their vested interest to keep that close to the vest."The Financial Post (Canada) reported on July 8th that gold exports to China continue to rise and now represent Ontario's largest exported product to China. The point here is that it is highly probable that the PBoC adds to its gold stack constantly. But it's not just China. India recently announced that it was repatriating 100 tonnes of gold from custodial vaults in London and that it may bring home even more. This puts upward pressure on the gold price because it reduces that amount of gold that can be leased to bullion banks who turn around and sell it. Aside from China, Russia and India's large gold buying, The Central Banks of Tanzania and Uganda have started large gold-buying initiatives in an effort to bolster their currency and support expansion of the mining industry. Nigeria and VietNam made similar announcements a few months ago. Also, the World Gold Council announced that Singapore is becoming a leading global gold hub to service gold buying countries as "gold consumption in major emerging economies is rising" (WGC via CNBC.com). But this also includes established economies in countries like Japan and South Korea, both of which have increased the amount of gold they import this year.Given the large increase in the amount of gold that is flowing to the east, I think it's easy to make the case that this massive demand for physical gold is a major factor in pushing the price of gold higher. A similar argument can be made for silver, particularly with India and China, which require a lot of silver for their implementation of national solar energy grids. The breadth of countries with Central Banks now accumulating gold was much of a factor until the last couple of years and I believe it has offset the seasonal weakness that historically has affected the March through June period.Secondarily, despite the rhetoric about the Fed's hawkish monetary policy, take a look at the Fed's actions vs its words. Despite the maintenance of the Fed funds range at 5.25-5.50% and the monthly QT operations, financial system liquidity has been rising. The M2 money supply measure has been rising since October 2023. More significant, the Fed's reverse repo facility has been drained of $1.4 trillion over the last twelve months. This is money that returns to the financial system, primarily in the form of banking and financial system liquidity. The Fed could keep that money in the facility with just a small increase in the rate it pays. But for some reason it wants that liquidity to flow into the financial system. In addition, the Chicago Fed's National Financial Conditions Index shows that the Fed has set the easiest systemic financial conditions since the end of January 2022, one month before the Fed began hiking rates.The Fed is thus masquerading as a monetary hawk when, in fact, key liquidity indicators reflect the reality of an easy monetary policy. I would argue that the Fed has created this systemic liquidity to offset the deteriorating quality of large and small bank balance sheets - primarily CRE and consumer loans but also leveraged corporate loans. Regardless, the rise in financial system liquidity, in addition to the massive demand in the physical market, is the reason gold and silver prices have been rising steadily since November 2022:

[hydrogen1] 11/7/2024 21:06

Toast you tool - you jump from one Garbage can to another. Its irrelevant because we get paid in UDS unless we raise monwy in Pounds and spend them in dollars. We dont we raise money in Auz dollars and spend them in AUZ dollars or US Dollars

Over the past 5-6 years the US dollar has got progressively stronger against the pound (approaching near parity in October 2022) with a litle bounce in the UKP over the past 6 months.

As we get paid for our copper and gold in USD, the low pound to dollar rate suits GGP shareholders in terms of absolute investment returns.

We mine gold spending Auz dollars. We get paid for that gold concentrate on international markets in US$. GGPs gets paid USD and that gets converted back to UKP for our results and dividends.

THe stronger the USD gets against the UKP, the better for Shareholders. As a producer ( or very close) `I'd much rather have a strongish USD than 1.8:1 as it was 10 years ago. As we are unliely to raise money in the Uk. We dont sell our gold in pounds do we? But if the dollar falls the gold price rises. so a falling dollar is off-set regardless.

[havinthelasttoast] 11/7/2024 17:52

What the rampers don’t say since a few years ago is the pound/dollar rate has got a lot worse for us from circa 1.10 to 1.28 ( let’s say 20 percent ) and our dilution has been roughly 20 percent. So we are 44 percent worse off on a fully diluted basis. The 7.5p price we see today is equivalent to circa 11p a few years ago. Dilution costs! And more to come. Gold is going up with the exchange rate but the mugs ignore that. It needs to go up a lot without the GBP/dollar rate to move for us to see big benefits.

Daft blinkered ramping mugs

[havinthelasttoast] 11/7/2024 17:45

Just seen you sneakily put in 5b in auz as nav so revised share price once at production. 10 to 13p.

Sneaky boy hydrowrong.

[havinthelasttoast] 11/7/2024 17:38

So 30 percent of hav is 1 to 1.5b dollars or 700 to 1b market cap

What’s that like 12 to 16p lol. Then we have more dilution to come. (Remember that )

What happened to 50p hahahahahhaah ya daft ramping mug. Toast right again.

Why didn’t you do this calc when it was 38p 3 years ago hahahahahah ya foolish under water mug when we had absolutely no chance of 100 percent and were non stop ramping it. What a tube you are

Boiler room bamps knew and paddy pyramid. I hear boiler room bamps is back in now and is on full ramp again, he messaged me a while ago and said he was going full ramp again.

[negan] 11/7/2024 16:45

"It's coming home, it's coming home.our remaining 70% is coming home"

[deputy303] 11/7/2024 14:53

Toasty you better get treatment for your 3rd degree burns your boiler room is about to get closed down close your short and move on every one knows you are short and well under water loose lips sink ships

[havinthelasttoast] 11/7/2024 11:59

What day is your pension day deputy ?

[deputy303] 11/7/2024 11:58

Toasty the boiler room shorter is in panic mode again his fingers are burning

[havinthelasttoast] 11/7/2024 11:24

Lot of big sellers around.

They want your shares they want your shares

[telbap] 11/7/2024 08:34

Clearly touched a nerve there. Spreadex do offer shorts on GGP. Here's the phone number, anyone can call them and ask.01727 895 000.You wouldn't know what 20k looked like if it slapped you in your ugly potty mouth. Now run off to school.

[deputy303] 11/7/2024 07:50

Toasty champagne lips with lemonade pockets how big is the wave going to be toasty your short looking burnt

[negan] 11/7/2024 01:38

🎣 🐟