Greatland Gold Share Discussion Threads

[aidenabettin] 08/6/2020 09:11

Aboriginal lives matter?

[uknighted] 08/6/2020 09:11

RNS
Gervaise Heddle, Chief Executive Officer of Greatland Gold plc, commented: "The agreements announced today represent another important step forward for the Havieron project and will assist in the process for a Mining Lease application, which is expected to be lodged within the next couple of months.

"Greatland looks forward to further strengthening its relationship with WDLAC and the Martu People of the Central Western Desert region, both as a Joint Venture participant and through our own exploration activities in the Paterson region."

[value_seeker] 08/6/2020 08:46

Here is an overlay of the last two Sentinel-1 images over the current Sentinel-2-image. Paddy, AM90, Strudel already gave good advices on image interpretation (on the other board). Thanks a lot for this.

value_seeker

ibb.co/BCvW9fr

[10ak] 08/6/2020 07:06

Wow Aiden in GGP

[aidenabettin] 08/6/2020 06:59

hTTps://twitter.com/johnpilger/status/1269758940209766400?s=19

[terry508] 08/6/2020 06:49

Add me in for 0.2

[1gandhi] 08/6/2020 06:16

Interesting GGP shareholding list compiled by hydrogen on other bb.

[wisteria2] 07/6/2020 15:42

Well with restrictions being lifted in Oz re Coronavirus, would hope for an update on drilling date etc for scallywag target. This rns could possibly fall this week or next at a guess. Assay results if good on the perimeters will certainly bolster and lift the share price imo ultimately increase the value of havieron and GGP

[timberwolf] 07/6/2020 14:02

Just FYI, the Australian ASX is closed tomorrow, Monday 8th, for the Queen's Birthday, although it's not celebrated in WA until 29th September. It may, or may well not, have an effect on the GGP share price level, but it's still maybe worth taking into account. Tuesday, 9th June may be different, but, as always, only time will tell...

DYOR & GLA

[timberwolf] 07/6/2020 12:58

@telbap
"...unless GH pulls the Scallywag drill news out the hat. I cannot understand why he has not done this already ?!"

IMHO, probably one or more of several reasons.

Maybe the Government of Western Australia and/or the indigenous people's representatives, have not yet set a firm date for allowing new drilling yet.

However, also, as I've said before, GH is a canny PR operator. He'll drop any news in at the best time for GGP. DYOR & GLA

[telbap] 07/6/2020 12:47

@jc.....they are peripheral. GH will concentrate on Patterson right now. Last AGM he mentioned that NCM were red hot for GGP to get drilling up there. Scallywag will be the next target in line.

[johncasey] 07/6/2020 12:05

what about firetower and bromus?

[johncasey] 07/6/2020 12:05

what about firetower and bromus?

[telbap] 07/6/2020 12:03

@proton.......you are quite correct but we are coming into the orphan phase, once the next set of drill results are out we will be a long time with no new news unless GH pulls the Scallywag drill news out the hat. I cannot understand why he has not done this already ? !There are a lot of deals/ talks/ negotiations happening behind the scrnes here, just got to ride out the quieter weeks ahead.

[pr0t0n] 07/6/2020 11:32

How anyone can put a value on it without even maiden JORC, never mind PFS ?!
Plus there is another 80000 meters to be drilled from the 1st of July.

[1gandhi] 07/6/2020 10:19

I’d agree with 50p for Hav especially if the full potential for Hav is realised. I still think GGP can become truly great if they maintain jv, or part sell part collect royalties for Hav, and then realise full potential at other sites.

[johncasey] 07/6/2020 09:49

HAHA...WHEN GOLD DOUBLES

[imperial3] 07/6/2020 09:41

Fantasy!!!

[johncasey] 07/6/2020 08:01

id say 50p for havieron alone which is still under 2bn...and the rest of their assests could be worth 1bn as well or more in time

[amt] 07/6/2020 07:37

Yes but at what price would a take out bid occur. Are were talking about 15p or nearer to 20p?

[terry508] 06/6/2020 18:56

I wasn't suggesting anyone buys PRIM I'm just posting their views, which as investors I personally find encouraging as I hold GGP

[1gandhi] 06/6/2020 18:42

Terry508...maybe you should have a word with mm’s at PRIM to narrow the spread and increase the price to reflect nav?

Alternatively prim should liquidate assets and return capital to shareholders..

[terry508] 06/6/2020 17:59

For those of you you that don't know, PRIM invested a large amount in GGP and have a large holding. This is what they say about GGP in their quarterly report.Greatland Gold Plc ("Greatland") began the Quarter at 1.80p and closed on March 31 at 4.70p representing an increase of some 261%. At the time of writing the share price was 6.40p representing a year to date gain to date of over 355%.By any measure this is an outstanding performance and in the current environment even more so. Remarkably our Greatland holdings represent over 65% of our entire market capitalisation at the time of writing. This implies virtually no value is being attributed to cash and other investments.Since our last Quarterly update, the Havieron Joint Venture (now standing at Greatland Gold 60%, Newcrest Mining Ltd 40%) has reported further outstanding drill results. Furthermore, Newcrest have highlighted the significance of a new type of high-grade breccia mineralisation.Newcrest recently completed Stage 2 of it's farm-in agreement with Greatland and in so doing moved to a 40% ownership. The pace at which this has been done is years in advance of the minimum Farm-in contractual requirements. We believe this speaks volume about the size and potential of Havieron and the surrounding region.Having reviewed in some detail many sources of publicly available data it is clear the drilling footprint has expanded dramatically in the WSW and SW, SE and N of the existing Havieron drilling grid. Why that should be we can only speculate, however there is the possible conclusion that Newcrest have discovered significantly more mineralisation outside the previously defined limits. This could have a huge impact for the valuation of Greatland.Our view on the end-game (exit) for our investment in Greatland is very simple. In our opinion Newcrest Mining will seek to acquire the entire share capital in Greatland in the near future, possibly just post a maiden resource estimate for a small part of the overall mineralised system. We expect this maiden resource in late Q2 to early Q3 of this year.The reasons for these convictions are again simple. Telfer is 100% owned by Newcrest, as are all their Australian operations. We can't see any reason for Newcrest to maintain a minority partner at production level and the market capitalisation of Newcrest at some circa A$24 billion and with billions in cash and at call liquidity, it is easily capable of swallowing Greatland. The only question left in our mind is what price will they pay?Therefore, we will continue to hold our shares for that possibility and believe the best share price appreciation for our investment is still in front of us. Perhaps large UK institutions will take notifiable interests in Greatland soon, but they have been conspicuously and inexplicably absent to date. In our opinion Havieron is shaping up as a once in a generation discovery in a gold bull market. What is not to like?