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Looking good for my 23.5p prediction expect this to be passed onto 26p by Wed pre results. Hold on in there Genuine Holders
23.5p
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Is it a prediction or a forecast or a guess ?
I’ll get my jumper.
GLA LTHs - TFG
TimeforGold. Can you read? Prediction fella and a few larger investors I speak to agree with my prediction of 26p by Wed pre results. Feels good Holders
A new research note from broker Hannam & Partners has spoke of “a year of major progress” at the Havieron Gold project which was originally discovered by Greatland Gold (LON:GGP), and which it now holds in joint venture with Newcrest Mining (ASX:NCM).
Hannam noted that at one point earlier this year, Greatland’s market capitalisation had exceeded the £1bn mark, a remarkable feat for a junior company that was counted among the microcaps just a few short years ago.
“This share price appreciation has been driven by spectacular exploration success at the Havieron project that outlined a world class asset both in terms of grade and scale, within a truckable distance to the 20mln tonnes per year Telfer mill, hungry for ore,” said Hannam.
“In our view, the market is valuing Greatland Gold shares based on a much larger resource at Havieron than the maiden resource announced in December 2020. Drilling results to date have shown a significant mineralisation footprint, as well as continuity of mineralisation that, in our view, will support a mining operation for several decades suitable for both selective mining in the higher grade sulphides and bulk mining in the lower grade breccia zones.”
The impact of all this is profound.
“Thus,” continues Hannam, “we have derived a valuation based on extending the life of the sub-level cave (SLC) mine outlined in our previous notes and also modelling a bulk-tonnage, block cave mine at Havieron over 25-year life, which is common for similar operations around the world. Adding a block cave to our valuation scenario increases target price to 30.1p.”
This in part is based on an updated DCF which puts a valuation of US$4.28bn on Havieron.
“Our updated risked valuation for Greatland shares based on our DCF model for the Havieron sulphides project is US$1,434mln or GBp30.1 per share, an upgrade from our previous valuation of GBp16.7 per share,” said Hannam.
“In our view, the most significant potential catalysts over the next 12 months are increases in the Havieron JORC resource as well as the pre-feasibility study expected before the end of the year.
TimeforGold. Can you read?
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Of course, yes. The last post that you had, which got deleted I think, called it a forecast. You also stated that was tomorrow’s target not today - so if it ends at 24p today is GGP overbought ?
You’re just doing what others are doing, guessing, which I have no problem with, apart from you think it is ok for you to guess but ramping when others guess.
Larger investors agree with you, so you are operating in discussion off board and.bringing collective though to this bb - good for you, are others allowed to do the same ? Pot - Kettle comes to my mind, I’ve read that somewhere.
GLA genuine PI’s - TFG
23.5p!!!! How pathetic; where's the fella with his £40 guetimate ? much more to my liking; even if it did make me laugh-- to start with. Then one's thoughts turn to considering the possibility, then they run amoke. So, I've got a little list and nothing will be missed; £10 mill. already spent. 'Perchance to dream, there's the rub, for in this sleep what dreams may come..... Wake me up cause virtually whatever one dreams of, Covid has b.......d it up. Stay Safe.
Can you repeat that
Prediction Number one Hit holders
News rich period now all. We've been through the rough stage, hope people made use of blocking noise and jumping in with the big boys.
Exciting stage until year end.
GLA
Chase
Why be so provocative Timeforgold?
he must be Up2NoGooD
Why be so provocative Timeforgold?
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Hi Up2NoGooD,
Just promoting equal say for all participants - I believe Tymers complains about others’ enthusiasm but feels his can be messaged unchecked.
Doesn’t matter that one person says 44p or 66p and he says 23.5p - they are all guesses unless that person has some control over the sp.
GLA LTHs - TFG
Strong close coming
23.2 100,000 JBER 15:46
24 250,000 CFEP 13:49
24 75,000 PEEL 15:50
24 250,000 SCAP 15:52
24.5 100,000 MREX 14:08
25 300,000 WINS 16:02
Nice 1m buy there
be nice to finish on 23 plus from a psychological viewpoint today!
be nice 24p or above
I have no problem with equality myself. In fact i promote it in threads. Unfortunately they often get deleted for personal attacks on members well esteemed and those that are not.
It usually starts off innocently enough though, Whatabboutery, predictions i know something you don't nd such.
There's really no need for any of it.
It's soooo bloody boring .
This share price is like a motorbike trying to do a big jump
Hell Nap...it'd be great to hit that £40 but one step at a time hey? :-)
23.25p My GUESS! ;-)
hahaha!! there it is!!...wait for it.....
The manipulators are dragging it down again .. lucky if we get a 23.5p finish !
Possibly 23.65p according to what HL has as the last trade before the close