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Pin to quick picksGreatland Gold Media (GGP)

Share Price Information for Greatland Gold (GGP)

London Stock Exchange
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Share Price: 7.30
Bid: 7.20
Ask: 7.40
Change: -0.11 (-1.49%)
Spread: 0.20 (2.778%)
Open: 7.30
High: 7.25
Low: 7.25
Prev. Close: 7.36
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Shaun Day, Greatland Gold MD discusses the Havieron/Telfer divestment options at the March Town Hall

Newmont, owners of 70% of the Havieron gold/copper project in Westen Australia, and the Telfer gold mine 45KM away, have opted to divest several non-core assets.

Greatland Gold (GGP) Managing Director Shaun Day took your questions on the various options open to Greatland Gold. Shaun explained that the divestment process hadn’t yet begun and that he had an excellent working relationship with Newmont, whom he had known for several years.

What Shaun will discuss:

- Why Greatland will asses all the opportunities open to the company for both Havieron and Telfer

- Why Havieron remains hugely attractive as a stand-alone asset

- What having a legal Right of Last Refusal means

- What role Wyloo may play, and the support they bring

“An opportunity to do an accretive transaction is always a welcome development, and we are uniquely positioned in terms of our information and understanding of Havieron, the contractual rights we have and the team we have assembled, who have deep experience of Telfer as well as Havieron” commented Shaun Day, MD, Greatland Gold.

Why Greatland Gold should be on your Watchlist

- Havieron is a high grade Tier One gold/copper asset

- One of three/four lowest cost gold mines in Australia

- Located in Western Australia, an excellent mining jurisdiction

- Gold price is strong due to global geopolitical tensions

- Feasibility Study due 2H24

- Already own 30% of Havieron, with the 70% of Havieron, and Telfer Mine to be divested by Newmont

- Mid-caps have previously benefited from Super-Major divestments

- Strong Australian exploration portfolio, including a JV with Rio Tinto

- Share price has traded between 6p and 11p in the last few months, currently 6.45p

The Greatland Gold Webinar with Shaun Day MD was hosted by Donald Leggatt, IR Media Director at focusIR.

Related Greatland Gold Media

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