Member Info for Bewarethebrokers

I’ve said it many times before and i’ll say it again

Until Newcrest get past the $5m and achieve stage 1 then the share price will be messed about with.

Hold your nerve and don’t give away cheap shares and the rewards will soon follow.

BTB

i think it all boils down to the fact that Newcrest can walk away after spending an initial $5m and once that is cleared and as newcrest work through the stages that is when we will see the share price rising. What could speed things up would be our other projects coming through with positive results. The share price right now is irrelevant to anybody that is seeing this through until the end and that includes me.

BTB

https://www.ig.com/uk/news-and-trade-ideas/shares-news/sirius-minerals--digging-in-deep-pockets-190516

Maybe the bulk of the $65M is for a new rail line to transport the ore to telfer

BTB

Better in than out I say!

BTB

https://www.thebalance.com/history-of-morgan-stanley-capital-international-msci-1979067

We have Clive Latcham ex Rio on our board and Rio Tinto are far bigger than Newcrest

This is more up to date but still behind

https://www.marketscreener.com/GREATLAND-GOLD-PLC-4006214/company/

BTB

https://youtu.be/RVQ0R3gHjmY

BTB

https://www.brrmedia.co.uk/broadcasts/5cd14fd12ab7787998e60225/greatland-gold-commences-field-exploration-campaign

Apologies if already posted

BTB

Black hills, firetower and with Newcrest spending close to $1m a month for the next 24 months to achieve 40% ownership of Havieron ,news should come fast and furious all summer long

Like mr Beetham quite rightly pointed out, this could move a lot faster than people realise.

Roll on summertime!

BTB

Will do Tom

BTB

I sent an E.mail to Newcrest about havieron and here is the reply i received.

Thank you for your email and interest in Havieron.

I have added your email to our distribution list for announcements and market updates so if there is anything to report you will receive notification.

BTB

On 12 March 2019 Newcrest announced that it had entered into an exploration farm-in agreement with Greatland Gold plc on their Havieron tenement located 45km east of Telfer in the Paterson Province. Newcrest believes the Havieron tenement has the potential to deliver high grade ore feed to Telfer. Newcrest is targeting to start drill testing of Havieron during the June 2019 quarter.

BTB

Newcrest are only committed to spending $5m after which they can walk away. As soon as we get past stage 1 the share price will rise but in the meantime patience is required.

BTB

Here is the Newcrest website where the quarterly report is due any day now and hopefully it may include updated plans for Havieron

http://www.newcrest.com.au/

BTB

https://www2.trustnet.com/Investments/LatestAnnouncements.aspx

Cracking site for RNS announcements.

https://www2.trustnet.com/Investments/Article.aspx?id=201904231800068636W

BTB

Alastair Clayton, Executive Director, commented on the Agreement announced this morning: "We believe this US$65m farm-in agreement with Newcrest is an incredible result for Greatland and by default Primorus shareholders. Our investment mandate is to identify, risk assess and then invest early in opportunities where others may seek to wait. We believe today's announcement is a vindication of that strategy and will prove to be transformational for Greatland and value accretive for Primorus."

"We note the deal includes the contemplation of using Newcrest's existing Telfer Mine as a toll-treat facility to support any future mining opportunities at Havieron, potentially reducing any future large capital expenditure requirements and the many years needed to permit and build a commercial mine.

"In short this farm-in has, in my opinion, the potential to open up the entire Havieron region to commercial mining in a time frame and cost that stand-alone operations could never compete with."

He added: "I am immensely pleased that we have been to provide our shareholders with exposure to what we believe is an excellent opportunity. We will continue to hold our shares in Greatland and, funds permitting, add to our position in the future as we believe they remain hugely undervalued".

He thinks they are undervalued at 1.71 so today’s share price must be a bargain!

GLA

BTB

.......LATEST NEWS.........

Shares go up and down shock horror!

BTB