Greatland Gold Share Discussion Threads

[pr0t0n] 19/5/2020 16:59

Tel.
Next year,,,at the end of the day doesn't matter..
They've been exercised and put back on share register.
He is not selling them till T/O...only few here and there to balance the books
and exercise even more.

[telbap] 19/5/2020 16:57

There is a huge difference between 416k raised and £122k bought.Even allowing for double tax (uk and Australia) still way more than needed, and with consideration of his salary.........I know we owe what we have to him and CB but it's not the time to cash in....

[telbap] 19/5/2020 16:49

We're those options about to expire?

[pr0t0n] 19/5/2020 16:17

Well space , it looks now, but they were issued/awarded way, way back in 2017.
That was before Newmont fiasco and 12 months before they hit a `jackpot` with Havieron.
SP at the time was about 0.60p, yes, bit more than half of penny:-)

[spaceparallax] 19/5/2020 15:27

An obscene exercise price - daylight robbery

[imperial3] 19/5/2020 12:18

He is in the money and how!

[wisteria2] 19/5/2020 11:38

GH certainly got some skin in the game....

Following the option exercise and sale of shares, Gervaise Heddle has an increased holding of 68,750,000 Ordinary Shares, representing 1.9% of the issued share capital of the Company. Additionally, he has 46,000,000 share options at various strike prices.

[zedder] 19/5/2020 11:22

That's 17.5m exercised at 0.7p of the 47.5m that were available.

Number Of Director and Employee Options In Issue
14,000,000 @ 0.28p
25,000,000 @ 0.2p
47,500,000 @ 0.7p
39,500,000 @ 1.4p
39,500,000 @ 2.0p
57,000,000 @ 2.5p
37,000,000 @ 3.0p

[coiin stein] 19/5/2020 10:52

Bolly bands suggesting an uplift coming.

[maytrees] 19/5/2020 10:51

Good morning

I sold making 10%+ in the process but wish current holders good fortune.

[alangriffbang] 19/5/2020 10:12

People are still buying shares here ,the party isn’t over yet ,

[rose_by_another_name] 19/5/2020 07:39

Yes, 145,530,000 times 9 pence equals £13,097,700.
Error of two orders of magnitude.
edit- correction beat my post.

[timberwolf] 19/5/2020 07:29

Yup, typo! Thanks, edited. :-)

[divmad] 19/5/2020 06:51

You're 100 times to low.

[timberwolf] 19/5/2020 06:07

@pr0t0n

Along similar lines, something that many GGP investors have either forgotten, or don't even know, is that, under the purchase agreement between Pacific Trends Resources and Greatland Pty Ltd./Greatland Gold PLC back in 2016, in the event that Havieron is the subject of a completed bankable feasibility study and Greatland Gold makes a decision to mine, Greatland Gold PLC must issue an additional 145,530,000 fully paid ordinary shares in Greatland Gold PLC to Pacific Trends Resources.



Taking a current GGP share price of 9p, those 145,530,000 shares would equate to £13,097,700. A not insignificant amount, and one which would certainly be on the low side as an sp, at only 9p, if and when such a decision is finally made.

[1gandhi] 18/5/2020 20:17

Pr0t0n. Indeed they have looked after themselves wrt shareholdings. So all the more likely they will want squeeze as much out of the share price as possible, until they feel sufficiently rich to dump everything, by way of t/o, or individual asset sales, followed by dividend handouts....or, if the share price goes wild, individual sales...
Of course, nothing happens overnight. So some meditation in the meantime!

[pr0t0n] 18/5/2020 19:48

1gandhi18 May '20 - 18:23 - 11779 of 11779 Moderate | Ban
0 1 0
Very encouraging that GH is “keen not to dilute but maximise shareholder value”.

======================================

We just have to wait----it takes time

TIMBERWOLF 2 May '20 - 06:02 - 11469 of 11779(premium)
0 1 0
Just for fun I thought I'd check the current value of director holdings (based on closing price yesterday of 7.8p):

Borrelli - 13,103,372 = £1,022,063
Heddle - 55,750,000 = £4,348,500
Baxter - 77,572,951 = £6,050,690

========================
pr0t0n 2 May '20 - 07:06 - 11470 of 11779


...and if you add options then we are talking some serious cash!
All bets are off after JORC/PFS imo.

Number Of Director and Employee Options In Issue
14,000,000 @ 0.28p
25,000,000 @ 0.2p
47,500,000 @ 0.7p
39,500,000 @ 1.4p
39,500,000 @ 2.0p
57,000,000 @ 2.5p
37,000,000 @ 3.0p

[1gandhi] 18/5/2020 18:23

Very encouraging that GH is “keen not to dilute but maximise shareholder value”. Capital costs of Havieron should be debt financed.

[coiin stein] 18/5/2020 17:32

If IG gets it's feed from LSE
It means absolutely sweet F.A.

[malcontent] 18/5/2020 16:25

another closing high

there is a steady up-pressure on the GGP share-price - plenty of sells around 9p being absorbed

[rose_by_another_name] 18/5/2020 15:25

IG now says: Last hour 86% Sells

No idea how they reckon it, or even whether
it is the whole market or just IG clients.

[uknighted] 18/5/2020 15:23

Thanks Paddy.

[paddygall] 18/5/2020 15:03

CEO interview with Gervaise and LSE

hxxps://youtu.be/NLBEf9ij-aU

Just posted today - Paddy