Well, a 1000% is still only 0.29p. Many bombed out share prices in the 1/00th of a penny range can make collossal gains on good news. Then those that hold a percentage for LT can find it happens again on good news, whilst the old lows get largely forgotten as new investors come in at the new levels. They in turn think they are in with a bargain. It's all relative to how low the sp originally was
However, shares already trading in the pennies rarely move into the ££'s on good news. You have a chance to 10 bag up to 200bag on extremely low prices with ongoing good news due to the 'catch up element. ie 18 months ago we were trading at 3p - 4p albeit with further dilution, though i would expect the sp to be at least 100x higher within the next 18 months on the right news at around 2p - 3p. It's all relative to how low you got in.
B1gdeano...i agree with you there. Our investments are valued at '0' and i have written my money off over a year ago. So, assuming my money is nil, if we come back trading any price will be a bonus. Even a penny a share will return me 11 grand...better than nothing ?
I also wonder montwhy EG has been forgotten.
Apparently EG is too extensive to explore in the near term and needs more survey work to pinpoint the best areas. GGP are still active in EG as they are on all their projects. Newmont said as much "not at this time". So, possible they'll be back at 'some other time'. NMT never published the results on EG, so we come to our own conclusions. Mine are that there are multiple areas of prospective gold deposits in a largely unexplored area of the Yilgarn Province. EG may still be of future value.
Greatland believes the project has the potential to deliver significant shareholder value with the discovery of large +5 mil oz gold deposits.
EG TenGeol 27 06 19
The eastern Yilgarn Craton is the most highly mineralised area in Western Australia, containing numerous gold deposits e.g. Laverton +25mil oz, Tropicana +5mil oz, Yamarna +6mil oz, all of which are found in greenstone belts of similar size to that in the Ernest Giles area.
Due to its remote nature and cover sequences there has been only limited previous exploration in the Ernest Giles area. CRA Exploration and WMC Exploration explored parts of the project area between 1996 and 1999. Limited reverse circulation (RC) drill holes were completed by WMC Exploration which confirmed the presence of gold prospective Archean rocks at a depth of 170m.
Greatland Gold results so far are very encouraging considering the unexplored nature of the property.
IF they can't RNS us of a director change termination, thenn this current BoD are....
a. In deep sh/it
b. Don't give a monkey's
c. Totally without dereliction
d. Liable to lose their Nomad
e. Contracts being delayed
f. Market lacks confidence
When Black Hills came out with their great surface nuggets Rns...guess what happened to the sp...it flew to an all time high? Looks to me like as 'The Postman Always Knocks Twice...finding GOLD NUGGETS for the second time around is NOT ACCEPTABLE by the markets. So, we wait for that magical Rns whichj says....
....."HAVIERON HOLDS MORE GOLD THAN THE WITWATERSRAND"
I have a sneaking feeling THAT would get us over 2p....ffs
Further field reconnaissance has successfully located additional gold nuggets over an area of 900m by 200m approximately 1km further south-west from those previously announced on 8 July 2019.
· The additional gold nuggets collected further extend the strike length of the mineralised trend from 4.3km to 6.1km.
· Phase one geochemical sampling completed with soil sample assays awaited and a detailed, low level airborne magnetic survey covering the entire Panorama project area is also now complete with the data currently being processed.
· The geochemical and geophysical data sets will assist with the interpretation of structural and basement geology and provide better definition of existing targets.
My spy down under: reports on Black Hills, Havieron, Scattywag and says everyone seems to be lying around in the shade, temperature in the high 40's..... stirring something in big pots, strong smell of coffee....something brewing. lol
I AM SOLAR
Nature of business (SIC)
03220 - Freshwater aquaculture
35110 - Production of electricity
36000 - Water collection, treatment and supply
72190 - Other research and experimental development on natural sciences and engineering
I had researched this last month. Antos was briefly involved but can't really find when he left. Aaron King is still active but Dr Paul Dougan had bjoined the bod TWICE and left twice. This company is a mystery and doesn't seem to know if it wants a sh/it or a haircut?
KING, Aaron Douglas Manuhuia
18 London Road, Glasgow, United Kingdom, G1 5NB
TomTbomb.........We need 15p+ for Haveridon.
I believe NC don't want any life changing results released yet which would push up the sp. They may be trying to agree on a price right now, so a rising sp may counter any offers in the pipeline. They can't delay update news for much longer if they already have figures for release?
I disagree, if a finance company or bank were impressed with the TallyMoney business structure, they may agree on some kind of finance/equity deal. They do with any other AIM listed company.Don't forget the worst of the dogs of AIM SEEK and GET finance other than share placings and ipo's
For those with itchy feet....don't run....READ
for any that missed this or justb read it on here.....
12 Aug 2019
Gervaise Heddle, Chief Executive Officer, commented: "We are delighted with the support shown from our current shareholders and welcome a number of new institutional and high net worth investors to our register. Their support is indicative of the significant progress Greatland has made over the last 12 months and our strategic position in the highly prospective Paterson region, where we believe there are multiple potential tier-one opportunities present.
"Our 2019 exploration programme has presented some exciting results to date, which led to the decision to ramp up our exploration activities, particularly in the Paterson region. The funds raised will initially be used to advance our Scallywag target and several high-priority targets recently identified at our Paterson Range East licence. With the advancement of our exploration programme, alongside the excellent first drill results from Newcrest at Havieron, Greatland is moving forward apace on multiple fronts and we look forward to providing further updates on our progress."
Placing and Subscription summary
Greatland has raised £4,177,550 of gross proceeds through a placing and subscription of 225,813,513 Ordinary Shares at price of 1.85p per share (the "Placing Shares").
Each Placing Share issued has an accompanying unlisted and non-transferrable warrant to subscribe for an additional Greatland new Ordinary Share at a price of 2.5p at any time within the 24 months following admission to trading of the Placing Shares (representing the issue of a total of 225,813,513 warrants). Should all of these warrants be exercised, a further £5.65 million will be raised for the Company at a price of 2.5p.
The 225,813,513 Placing Shares are expected to be admitted to trading on, or around, 27 August 2019. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of Greatland following the issue and allotment of the Placing Shares comprises 3,549,233,658 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury. This total figure of 3,549,233,658 may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in Greatland under the DTRs.