Greatland Gold Share Discussion Threads

[ahhh luke warm] 30/3/2021 09:27

AC12s been called. Neighbouring caravaners have reported screams and motor noises. Russell was recently appointed as a Bridlington Community Constable though most thought he was just dressing up what will all the caped costume visitors

[chickndinner] 30/3/2021 09:21

And fishnet stockings and suspenders underneath 🙈

[ahhh luke warm] 30/3/2021 09:10

Halland last seen entering Russell Grants caravan at Bridlington sands - looking fresh in a pirate onesie and high heels...

[daddy warbucks] 30/3/2021 09:07

Trying hard to keep it under 20p, which is fine by me. Next week can transfer another 100k shares into my isa and with the low price , the capital gains is minimal. Thank you to those doing it. ;0)

[pr0t0n] 30/3/2021 08:56

I mentioned Northern Star ,MC AUD11 billion.
Saun Day was their CFO for 5 years.
Ideal partner for the project of this size.

[chickndinner] 30/3/2021 08:39

Shaun Day hitting the ground running. 2 new licences already. I like it...

[chickndinner] 30/3/2021 08:38

Halland75. My 2 tops last week @19p ain't looking to shabby now are they.

BYW. Has anyone seen Halland75?

[timberwolf] 30/3/2021 08:33

More than doubled our Ernst Giles holdings. It’s underexplored West Australian greenstone belt. Exceptional #gold prospectivity. #GGP

[pr0t0n] 30/3/2021 08:30

Well, always expect the unexpected.
Maybe they have another partner for that one ?

[johncasey] 30/3/2021 08:25

maybe newmont will come back now

[zooman] 30/3/2021 08:20

RNSGreatland Gold PLC New Licence Applications at Ernest Giles Project

[timberwolf] 30/3/2021 06:40

For information, the latest Greatland Gold Finacial Review, taken from the March 2021 Interim Results (Results for the six months ended 31 December 2020), stated the following:

QUOTE

Financial review

Greatland reported an unaudited operating loss for the six months ended 31 December 2020 of £2,674,445 (six months to December 2019: loss of £2,623,975). Loss per share for the period was 0.07p (six months to December 2019: 0.07p).

The Company is well financed with £5.9 million in cash as at 31 December 2020, which enables the Company to pursue a targeted exploration programme across its key projects over the next 12 months. The Company issued 118,458,915 shares during the six months ended 31 December 2020.

Greatland continues to adopt a disciplined approach to cashflow management while it grows the business. As part of the Havieron Joint Venture, the Company secured a US$50 million loan facility with Newcrest to fund its share of joint venture costs, including Early Works and Growth Drilling up to the completion of the Feasibility Study. In addition, as part of the new Juri JV, Newcrest has committed a minimum of A$3m in exploration spending, which is expected to cover the costs of planned activities for 2021. As well as securing funding for the development of Havieron and Juri, this enables the Company to focus resources on its 100% owned licences.

UNQUOTE

[telbap] 29/3/2021 23:48

Too much whisky tonight :))

[telbap] 29/3/2021 23:47

Three options1. A raise for future drilling plus keeping the lights on.2. Ability to issue stock to go buy another licence (personally doubt this but never say never) 3. This is just the mechanics the company has to do to complete the companies legal obligation to settle the 145m share for the Haverion licence.Something is afoot, just don't know what yet.

[telbap] 29/3/2021 23:43

Roll on the 29/4/21, day of the next report. Things will be a lot clearer by this time, we will see a shed load more drill results, the NE breccia will have some drill context, GGP drilling will be underway, NCM juri JV will be underway and we I'll get a lot closer to seeing an upgrade to the resource of 4.2m oz we currently have. My figure is somewhere around 6.5moz but happy to be under :))As the song goes, things can only get better :))

[hodhasharen] 29/3/2021 23:41

Terry, please in english!

[telbap] 29/3/2021 23:35

So, we have three possible options here, a raise, a purchase using shares the completion of the commitment they has when taking the Haverion licence. The current share price action would only be tied into the first two....the third is a documented action the company must take once we have the FDM completed. We have had the "we are fully funded" scenario before and GH went on to make a raise....it happens.

[pr0t0n] 29/3/2021 20:54

Also, 145 million shares are due to Pacific Trends.
Very hard to find any info /

Contingent Liability
145,530,000 shares to be issued to Pacific Trends Resources Pty Ltd upon a “Decision to Mine” at Havieron (see RNS dated 26 September 2016)

[pr0t0n] 29/3/2021 20:50

Hard to predict at this point, 22 April is a long way away.
If resolution passed nothing will happen before MAY.
Obviously ,big boys would like as cheap as possible, but we may also see
acquisition (all shares) as I speculated this AM.

[ahhh luke warm] 29/3/2021 20:29

Pr0 I meant shorts on EUA not GGP. Thx.

[chipstir] 29/3/2021 20:24

Hi Telbap

Any reasoning behind the figures you quote? (If indeed a placing is on the horizon (I hope not) )
As fully funded (we’ve been told) for this years drilling, and still money to come from warrants.
So be disappointed if placing happens anytime soon /:

[telbap] 29/3/2021 20:17

@wisteria2. Sadly not this time!!Had they handled the news flow better, followed the old GH system and butter up the bad news with some juicy new forward prospects, then maybe, but the new boys are in town and they do things a little differently.