Share Name Share Symbol Market Type Share ISIN Share Description
Greatland Gold Plc LSE:GGP London Ordinary Share GB00B15XDH89 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 10.10 8,258,273 16:35:27
Bid Price Offer Price High Price Low Price Open Price
10.00 10.30 10.30 10.05 10.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -5.52 -0.14 411
Last Trade Time Trade Type Trade Size Trade Price Currency
17:21:25 O 2,704 10.1476 GBX

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Greatland Gold (GGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-24 16:21:2610.152,704274.39O
2022-06-24 15:35:2710.1030,6593,096.56UT
2022-06-24 15:30:0110.3048,5444,999.98O
2022-06-24 15:29:2510.2850,0005,137.50O
2022-06-24 15:28:1110.32290,44729,974.13O
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Greatland Gold (GGP) Top Chat Posts

Greatland Gold Daily Update: Greatland Gold Plc is listed in the Mining sector of the London Stock Exchange with ticker GGP. The last closing price for Greatland Gold was 10.10p.
Greatland Gold Plc has a 4 week average price of 9.32p and a 12 week average price of 9.32p.
The 1 year high share price is 22.80p while the 1 year low share price is currently 9.32p.
There are currently 4,070,547,171 shares in issue and the average daily traded volume is 20,499,931 shares. The market capitalisation of Greatland Gold Plc is £411,125,264.27.
tibszol2: Rick Rule at Sprott has a very interesting perspective on a falling share price. If he remains positive on a company`s narrative, he rejoices when their share price falls, he views this as a wonderful buying opportunity. That is my view when I see GGP share price fall, only remains for me to decide on the timing of my purchase, and if they then fall further,no problem, another buying opportunity, all this is supported by my continuing faith in the GGP narrative. Patience is my watchword.
lurker5: If you do the calcs on the initial PFS, GGP's share even of the NPV is 1/3rd its current market cap. And no share ever is rated even close to an NPV based 'target'. The reason ? NPV calcs don't tell you the cash flow - which in the prel PFS doesn't turn positive until year 4 - ie 6 yrs from now. How much of that will flow to GGP and how long after turnng positive we haven't been told. That cash inflow will be the only basis on which the market will value GGP. The updated fs next Dec will no doubt show a better result. and if published in full ought to (but often doesn't) show the cash flow profile which - even if the resources is increased, won't necessarily bring it forward - merely extend it to later. The prel PFS shows the capex - which GGP hasn't prepared for and isn't allowed for in the crrent market cap. In short, without a full cash flow profile and a statement how much if any will be passed to GGP, and a forecast how much GGP will need to raise to fulfil its committment or repay the NCM loan there is absolutely no information basis on which to value it at the moment except the rough calcs I've shown from the initial PFS. On any basis GGP looks far too expensive - which is why insti's aren't buying. I haven't seen Berenbergs 'valuation' but I suspect its the usual analyst's exaggerated 'target' based on NPV's - a lazy and innumerate way to puff a share in the hope of stimulating business or pleasing a corporate client and never, ever, achieved in practice. Even if it were to be a value that the market would accord to a similar 100% owned project, a 25-30% share will attract a big discount. If anyone has any other properly worked out valuation I'll be interested to see it, To sum up, GGP doesn't own Havieron. Yet all the co's announcements and presentations pretend it has 100% as if it is in full control. It isn't. Nowhere in its announcements is there any explanation how its minority share will benefit it - ie what cash will GGP earn from it. That is now the key factor determining GGP's business and how the market will value it. Yet no explanation whatsoever or even recognition in its presentations that it only has a minority share. Why Not ?.
chickbait: What I find amusing is reading about all of the short positions and NCM suppressing the share price and accumulating cheap shares for a hostile takeover. What a load of baloney. JPM Chase took out a small short position against GGP and as soon as they got found out they immediately reduced that short position below the 0.05% declaration threshold. JMP Chase do not have a great track record of shorting and have been royally squeezed in the past: HTTPS:// (Crypto crashing. GOLD AND COPPER IS KING) Then when you look at the shares out on loan it is a measly 70 million there about which is nothing. This INMO is a distraction used by the city and day traders to manipulate the share price They work in tandem. They have excessive funds. They trade in small amounts not to raise suspicion. £30k here £20k there buying and selling. One loses a little but the other gains and they split the proceeds and so on. The same with the small short positions. Same scenario but different methods. It may seem small but on a daily and weekly basis it all adds up and these sharks rob you of your shares and are laughing at you reading their posts on these boards getting everyone bickering between themselves. GGP has been a cash cow for many over the years that managed to get in early and top slice. Nowaday's it seems that there is a more orchestrated team of city and day traders working in cahoots which are now not so easy to spot? When I see trading patterns on a share I own like this when I know the asset is worth way more than the market cap I have to agree with Paddygall and sit on my hands because if you try to play the city and day traders at their own game you will lose!! Words of comfort. I take extreme pleasure and delight letting the city and day traders and shorters fighting it out between themselves because there will always be losers! Not me because I am not selling but adding on the dips when ever possible... TBC...
teacup: Saracen- Bought most of my holding at 0.06p so my holding of 2 million shares that cost £1200 is doing quite nicely thank you. Thanks for your concern though. Making big money is about knowing when you are invested in a world class asset and ignoring all the white noise created by people like you that have an alternative agenda.Chat about GEM on the GEM bb.If you make a bit on that share then good luck to you. GGP has had quite ride over the last 7 years and has pulled back several times. There is no doubt that in one to two years GGP will be multiple times the current share price or bought out, split up for multiple times current share price You need to think seriously about your investment strategy. Think long and don't spend all day staring at the share price Invest well and relax.
daddy warbucks: Thanks Pr0t0n. It looks like our share price is tracking the gold price at the moment. Gold coming back up as is our share price
skyship: Hi Hazl. Sustaining my interest due to last November's oversubscribed placing at 14.5p. Seems to me that the selling has to be a large subscriber exiting; and once dried up - recovery! Also, of course the possibility of Newcrest deciding now may be the time to take out their minority partner. =========================== Result of Upsized Fundraise Further to the announcements on 18 November 2021 in relation to the Fundraise, Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, is pleased to announce the successful completion of the Fundraise announced yesterday (the "Fundraise Announcement"). Following strong demand in the bookbuild, the total gross proceeds from the Fundraise has increased from the minimum amount of approximately US$10 million to approximately US$16 million (GBP11.9 million). A total of 82,000,000 Placing Shares, Subscription Shares and Retail Shares have been placed at an Issue Price of 14.5p per New Ordinary Share. The Issue Price represents a discount of approximately 10.5 per cent to the closing mid-market share price of the Company's ordinary shares on 17 November 2021.
teacup: Saracen - your argument are weird and you have bored the pants of everyone on this board. You don't make anything on a short until you buy it back. So tell me how would you buy 60 million shares with the share price moving. Once people see a short position closing and the share price rising up the share price goes. The stick is being shorted at these levels for a reason. You know, I know, everyone who knows anything about GGP knows but let's pretend otherwise. I have been here 7 years and along the way there have been lots of doom mongers like you hoping to knock the stock to gain an advantage. When the share price recovers as it inevitably will you will be gone. Your mission here will no longer be relevant. I will still be here and making loads of money as I already have with stock bought at 0.06p
saracen3: From LSE Some common phrases that crop up here from time to time, and what they really mean for GGP investors: ‘Fraction of a fraction’ – as mentioned by Shaun, this refers to the proportion of your investment you will be left with if you make the mistake of buying GGP at this sky high market cap. ‘The gift that keeps on giving’ – the unending supply of AIM investors eager to buy shares off Gervaise Heddle, finally he said thank you very much, turned and ran for the hills, never to be seen or heard from since. ‘Shorts are in trouble’ – assumes that the 5% transaction will cause an upward re-rating of GGP, clearly JPMorgan and the well informed institutions who are short expect a sharp re-rating in the other direction ‘When you know, you know’ – clearly nobody invested here really knows anything at all especially Viking, Hydro and Bamps who have been urging punters to buy all the way down from the mid 30s. ‘Shaun knows how to play them’, no doubt he does and if he is a fan of Kenny Rogers he also “knows when to walk away and knows when to run”. Will he really stick around if the share price gets anchored in single digits?
chickbait: HTTPS:// Why You Should Never Short a Stock By SEAN BRYANT Updated December 31, 2021 Reviewed by JULIUS MANSA If you've ever lost money on a stock, you've probably wondered if there's a way to make money when stocks fall. There is, and it's called short selling. Even though it seems to be the perfect strategy for capitalizing on declining stock prices, it comes with even more risk than buying stocks the traditional way. KEY TAKEAWAYS Shorting stocks is a way to profit from falling stock prices. A fundamental problem with short selling is the potential for unlimited losses. Shorting is typically done using margin and these margin loans come with interest charges, which you have pay for as long as the position is in place. With shorting, no matter how bad a company's prospects may be, there are several events that could cause a sudden reversal of fortunes. How Shorting Works The motivation behind short selling stocks is that the investor makes money when the stock price falls in value. This is the opposite of the "normal" process, in which the investor buys a stock with the idea that it will rise in price and be sold at a profit. Another distinguishing feature of short selling is that the seller is selling a stock that they do not own. That is, they're selling a stock before they buy it. To do that, they must borrow the stock that they're selling from the investment broker. When they do, they sell the stock and wait until it (hopefully) falls in price. At that time, they can purchase the stock for delivery, then close out the short position at a profit. You may be wondering what happens if the stock price rises and that's an important question. The seller can opt to hold a short position until the stock does fall in price, or they can close out the position at a loss. Short Selling Risk vs. Reward A fundamental problem with short selling is the potential for unlimited losses. When you buy a stock (go long), you can never lose more than your invested capital. Thus, your potential gain, in theory, has no limit. For example, if you purchase a stock at $50, the most you can lose is $50. But if the stock rises, it can go to $100, $500, or even $1,000, which would give a hefty return on your investment. The dynamic is the exact opposite of a short sale. If you short a stock at $50, the most you could ever make on the transaction is $50. But if the stock goes up to $100, you'll have to pay $100 to close out the position. There's no limit on how much money you could lose on a short sale. Should the price rise to $1,000, you’d have to pay $1,000 to close out a $50 investment position. This imbalance helps to explain why short selling isn't more popular than it is. Wise investors are aware of this possibility. Time Works Against a Short Sale There's no time limit on how long you can hold a short position on a stock. The problem, however, is that they are typically purchased using margin for at least part of the position. Those margin loans come with interest charges, and you will have to keep paying them for as long as you have your position in place. The interest charged functions as something of a negative dividend, in that it represents a regular reduction in your equity in the position. If you're paying 5% per year in margin interest, and you hold the short position for five years, you'll lose 25% of your investment just from doing nothing. That stacks the deck against you. You won't be able to sit on a short position forever. There's more news on the margin front, and it's both good and bad. If the stock that you sell short rises in price, the brokerage firm can implement a "margin call," which is a requirement for additional capital to maintain the required minimum investment. If you can't provide additional capital, the broker can close out the position, and you will incur a loss. As bad as this sounds, it can function as something of a stop-loss provision. As we've already discussed, potential losses on a short sale are unlimited. A margin call effectively puts a limit on how much loss your position can sustain. The major negative on margin loans is that they enable you to leverage an investment position. While this works brilliantly to the upside, it simply multiplies your losses on the downside. Brokerage firms typically allow you to margin up to 50% of the value of an investment position. A margin call will usually apply if your equity in the position drops below a certain percentage, generally 25%. Factors That Can Hamper a Short Sale No matter how bad a company's prospects may be, there are several events that could cause a sudden reversal of fortunes, and cause the stock price to rise. No matter how much research you do, or what expert opinion you obtain, any one of them could rear its ugly head at any time. Should it happen while you hold a short position in the stock, you could lose your entire investment or even more. Examples of such situations are: The general market could rise significantly, pulling up the price of your stock—despite the weak fundamentals of the company The company could be a takeover candidate—just the announcement of a merger or acquisition could cause the price of the stock to skyrocket The company could announce the unexpected good news A well-known investor could take a large position in the stock, on the opinion that it is undervalued The news could break about a major positive development in the company's industry that will cause the stock to rise in price Political instability in a certain part of the world might suddenly make your short sale company more attractive A change in legislation that affects the company or its industry in a positive way These are just some examples of events that could unfold that could cause the price of the stock to rise, despite the fact that extensive research indicated that the company was a perfect candidate for a short sale. The Bottom Line Investing in stocks in the usual way is risky enough. Short selling should be left to very experienced investors, with large portfolios that can easily absorb sudden and unexpected losses.
knil: Agree telebap. I think there is a conspirancy going on here to keep a lid on the price. Great drilling results recently and the share price goes down. I am of the opinion that in a year or two the share price will be considerably higher or Havieron will have been taken out by NCM, or another. Have seen these situations in the past and it is about holding firm with your own beliefs and not listening to others with ulterior motives. This is only my thoughts and not advice to others.
Greatland Gold share price data is direct from the London Stock Exchange
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