Greatland Gold Share Discussion Threads

[totally banjo] 18/11/2024 12:04

18 November 2024

Notice of Annual General Meeting and Annual Report


Greatland Gold plc (AIM:GGP) (Greatland or the Company) is pleased to announce that its Annual General Meeting (AGM) will be held at Druces LLP, Salisbury House, London Wall, London EC2M 5PS on Wednesday, 18 December 2024 at 9:30 am.

[totally banjo] 18/11/2024 11:54

18 November 2024

Final Results and Publication of Annual Report

Greatland Gold plc (AIM:GGP) (Greatland or the Company) is pleased to announce its audited financial results for the year ended 30 June 2024.

Highlights

Transformational acquisition of 100% of Havieron and Telfer (post year end)

§ On 10 September 2024, Greatland announced the acquisition of 100% ownership of the Havieron gold-copper project, the Telfer gold-copper mine, and other related assets and interests in the Paterson region from Newmont Corporation (NYSE:NEM) (Acquisition)

§ Total consideration and loan repayment of up to US$475 million including US$155.1 million cash, US$52.4 million joint venture loan repayment, US$167.5 million Greatland shares and US$100 million deferred contingent payments

§ Greatland successfully raised US$334 million (c. £255.3 million) in equity funding through an institutional placing and retail offer, to fund the Acquisition and other uses

§ Debt financing support with Tier 1 banks ANZ, ING and HSBC:

§ Commitment letter for A$75 million working capital facility and A$25 million contingent instrument facility

§ Letter of support for A$750 million project finance facilities to complete the development of Havieron

§ Significant and highly skilled Telfer workforce will join Greatland, preserving the existing capability, expertise and knowledge to enable continuity of efficient operations following Acquisition completion

§ Acquisition targeted to complete by early December 2024

§ Greatland will emerge from the acquisition as a significant Australian gold and copper producer at Telfer, owner of Australia's second largest gold-copper development project at Havieron, and owner of the only operating processing plant in the Paterson region with a significant regional exploration portfolio


Havieron

§ Welcomed the world's largest gold miner, Newmont Corporation (NYSE:NEM) as Havieron joint venture partner in November 2023

§ Completed an updated Mineral Resource Estimate (MRE) for Havieron in December 2023, outlining an increase in the total gold equivalent (AuEq) content to 8.4Moz, a 29% increase from Greatland's March 2022 MRE

§ Havieron access decline development progressed to over 3,060 meters, including more than 2,110 meters in the main access decline

§ Feasibility study to be completed by Greatland within 12 months from Acquisition completion



Greatland Managing Director, Shaun Day, commented: "It has been a truly transformative period for Greatland and our flagship Havieron gold-copper project. Thanks to a huge amount of work by our Greatland team and a highly collaborative approach by our Havieron joint venture partner Newmont throughout the year, we have been able to seize a compelling and strategic opportunity to consolidate 100% ownership of Havieron and Telfer.

"The acquisition, announced on 10 September 2024 and targeted to complete by early December, will make Greatland a significant Australian gold and copper producer with one of the country's best development projects."

"The acquisition of Telfer provides a de-risked near term mine plan with substantial ore stockpiles at surface, and attractive mine life extension opportunities. Telfer's production is expected to generate free cash flow, supporting the development of Havieron."

"Ownership of the Telfer infrastructure substantially de-risks and reduces the cost of completing Havieron's development, and enhances the potential value of exploration success in our extensive Paterson exploration portfolio. We are well positioned to build a generational mining complex and create value for our shareholders."



hxxps://polaris.brighterir.com/public/greatland_gold/news/rns/story/x89kmpr

[hydrogen1] 18/11/2024 11:17

I would be worried if were in Africa or had a bunch of Brits at the helm.

Fortunately we don't.

[knil] 18/11/2024 10:20

Shame about the plastic surgery, does not all go to plan abroad, but it is probably cheaper in Portugal

[hydrogen1] 18/11/2024 10:17

They don't have any debt presently. That was paid off in the raise. They have significant cash flow as of December and very significant cash reserves.]

The war chest they are building here is very large indeed and of the order of 1 billion AUD, which suggests to me they are thinking very big.

Could it even be Block cave big? .... or Winu Big ... ? Certainly 6-7-8Mt out of Havieron per annum big.

Given they have at least 450koz equivalent of mined material sitting on the ROM pad at Telfer

Which is a cool $1.17bn dollars US worth of material - or 1.8bn AUD - ready to deploy into Havieron immediately.

[hazl] 18/11/2024 09:10

They were right above!

Look at the gold price today!

[arthur75] 18/11/2024 09:08

I am expecting Knils next post to start " life is like a box of chocolates ..." What an idiot.
4s this week?

[knil] 18/11/2024 08:32

Ggp has no debt thickhead and my average is now in the 6's.
Producing miner early December.

[havinthelasttoast] 18/11/2024 08:24

“ Greatland will be a debt free producing miner in early December 24.”

Oh dear. What a dummy our knil is. So the debt they are currently working on getting as per the RNS they are going to pay off in less than a month. Hahahahah. Dummy

[lurker5] 18/11/2024 07:53

So what debt will your dream ticket be free of Mr Knil, pray ? Never noticed what the Aim Adm Doc says about future debt I suppose ? A true clappy - you should stay over on the kiddy board. That's the one for kiddies.

[arthur75] 18/11/2024 07:07

Knil is having a breakdown.His large average weighs heavy doesn't it.Another fruitloop creating a ridiculous conspiracy theory to justify his losses. Sorry chum, I think your pain is going to get worse. Have a good week ! LOL LOL LOL.
Ah look Masterrsi,as predicted ,has got his crayons out, what an imbecile. Grow up!

[knil] 17/11/2024 21:32

Toastry corndog and his sidekick senile arthur does not want anyone to buy shares in Greatland.
They spread poison and lies to get investors to sell their shares so that their employers can buy them all up at a cheaper price.
They spend all day every day here working for their masters far below minimum wage.

[knil] 17/11/2024 21:09

Do not believe toasty.
He is the a doom and gloomer who wants you to sell your shares to his cronies.
Greatland has found a large gold/copper deposit in Havieron.
8.4 million ounces.
Top jurisdiction in Australia. (Stay away from Africa).
Very experienced board of directors.

[knil] 17/11/2024 20:54

Greatland will be a debt free producing miner in early December 24.
Cheap as chips
Fill your boots as long as you can
Lots more gold and copper at Telfer

[havinthelasttoast] 17/11/2024 16:00

NTL how’s your mummy ?

[havinthelasttoast] 17/11/2024 15:59

Not one decent argument from this regurgitated ramper KNIL. (Fitting name )

It really is toasty 10 K NIL 0

Imagine coming on like the rampers are the victims here. The rampers have cost a lot of thick folk a lot of money. The warnings from the more cautious have proven to be correct. Have you nothing to offer KNIL but poor me. Ya daft ramping mug

[jakehowells] 16/11/2024 17:02

They have accused members here of spreading lies etc. When some rightly said this would reach 6p and then 5p!

The desperation by the LTH is sad to see here, many deep underwater and not only here. Take Telbap as an example who is on MATD too, that plummeted big time this week!
Can you imagine the worrying weekends these LTHs are having.

Glad it's not me!

[knil] 16/11/2024 16:05

Toasty and arthur
Posting untruths again.
Untruths made up as you go along hoping to get investors to sell so your cronies can buy up the shares cheap.
You pair will spoil the lives of so many people.

[arthur75] 16/11/2024 15:45

Knil deep breaths,you got all excited and didn't think before posting and now you are embarrassed.Its ok, we all know you are seriously underwater, just learn from the lesson. You are welcome.

[knil] 16/11/2024 14:39

arthur
you are a right thickhead
Most of my buys were in 2024 when the price was less.
You are old and decrepit and gets things wrong.
I know someone else not far behind you, that toasty corndog.

[havinthelasttoast] 16/11/2024 11:26

Hey deputy. This must be circa the lowest close in years.

The shorters must be in trouble. Choooo choooo.

Karma