Member Info for CastleT

Thanks Dip. So if NCM had bought the 5% it would have increased the value of Havieron, by declining they are sticking two fingers up at the GGP independent valuation raising the likelihood of a takeover from NCM which completely ignores GGP's valuation. Hardball stuff from our joint venture 'partners'.

Hold for gold. Stay strong go long. They want your shares beware!

Hi Speedy- the offer coming under the Takeover Code, when a buyer acquires “control” of a target company it must make a cash offer to all shareholders offering to acquire their shares at the highest price paid in the last 12 months.

I don't have the highest SP during past 12 months to hand but I have been thinking that NCM have been controlling the SP.

'Kazakhstan is the greatest country in the world.' Source: Borat

Thanks for the update Bamps. Appreciated.

I'm back in if it goes into single figures.

@MrEMC2 I take it you are trading this share? Have you got a stake in for the long term? I'm in for the next 20 years and am looking forward to the debt-free production phase in 18 months time. Good luck with your investment mate.

Hi Joey. The rise is explained if you You Tube "Greatland Gold Shaun Day LSE" interview dated 21st July. All good.

Cheers Dip. I noticed that the Q&A kicked off with your question!

Having watched the LSE interview there is only one way for GGP and that is to grow and mine Havieron for the long term. Why would anyone contemplate selling a prize asset that is still unproven in depth and breadth? This is a great time to be in GGP. Personally I want to be in for the next 20 years but everyone has there own road map. GLA!

Well said Sharane. Not only will GGP be debt free but also in production in 18 months.

I would be interested in joining the new group. I have always believed that the more a share is bashed the more upside there is to come when the fun and games subside. 5% key here to end the charades. One party wants to keep SP low. Other party want fair honest share price.

Just to clarify is it pronounced 'Ellsexit' or 'Elless-exit'? Thank you

Often a deramper addresses a positive comment by their name e.g. 'Stu, whilst you make a valid point, you failed to consider X, Y, Z'.

Van Eck at 4.9%!

"...over the next 12 months, there is tremendous potential to further expand the Havieron resource and unlock the true scale and value of the broader system,” SD said. Says it all really. Mind blowing.

"Pleasingly, the decline has encountered better ground conditions, resulting in recent improvements to the decline advancement rates." MD Shaun Day

Likewise. Another top up at 11.93.

Big RNS due after 9am?

"Greatland Gold PLC (AIM:GGP, OTC:GRLGF) shares could nearly double in price, according to a target set by stockbroker Canaccord Genuity (TSX:CF, LSE:CF), which has reacted to Thursday’s upgrade to resources at the Havieron project in Australia.

Repeating a ‘speculative buy’ recommendation and a 25p price target (current price 14p), in a note, Canaccord set the scene for further gold upgrades in the future.

“We expect further upgrades to the resource and reserve base over time, and flag our base case assumption of an 11mln ounce resource which underpins our 25p target price,” Canaccord analyst Sam Catalano said.

“Notably, this resource update has been released ‘unilaterally’ by Greatland Gold (and independently assessed by SRK Consulting), following Newcrest’s decision not to include recent drilling for Havieron in its most recent update to resources and reserves across its portfolio.”

The analyst added: “While investors will likely be hoping there is much more to come on the resource front, we believe it is worth acknowledging the impressive progress in delineating a further 2.3moz of AuEq resource in just 12 months, from 21km of growth drilling.

“We look forward to further strong drilling/resource updates from the current 90km programme (~40km of growth), any news flow on the Havieron option price, and the DFS due in 2H22.” Source: Proactive Investor website. GLA