Member Info for ChartaRex

Both Belle-ende & Bawbagzz posting carp today? They must be hurting & really feeling the heat - as their shorts burn bright and hot :)

This slight pullback is a BUYERS gift before the main event!

I'm STILL buying & so should everyone else, make them shorters feel the pain :)

JWBelle-ende trying his worst to convince us all to sell, he must be sweating buckets now. LOL!

Azule WILL be signed off soon & tens of millions of dollars will flow into our bank :)

Then we can all breathe in Belle-ends smoke as his shorts burst into flames and our sp shoots ever skyward, lol!!

I'm STILL buying :)

I'm shocked I tell ya, shocked! Who knew the oil price went up and down? You learn something new every day.

I'm still buying though :)

Why not? I'm sure RP's promised the wife and kids an all inclusive, no expense spared holiday this year. Gotta get the money from somewhere hasn't he?

Happen all at once? What, you mean another fundraise for some vague promise in the future, more pictures of other people's golden nuggets, followed by insolvency because we have ZERO income?

Is that what you mean by "all at once?" Asking for a friend.

3.4p and I'm OUT!

Oops, nearly forgot! We also have a 34% carried interest with Genel for offshore Odewayne in Somaliland. It just gets better & better...! :)

Yes, but it's only something like+1% of Canji. We have 100% of Orinduik but will probably farm out 80% for a deal.

1.26 !!

We cashed cica $26.5m last August & another $38.2m in Feb. Assuming we do another $38.2 in the summer, that gives us a P/E of 1.26. We have at least 16 years of production ahead, plus Azule, plus possible the 2 new onshore blocks. We should be on a P/E of at least 5 or 6 I would think. That would give a share price in the region of £1.80-£2.25 going forward.

I'm still buying :)

As JWBelle-ende loses all his money on his short, we gain lots of money by buying!

A transfer of wealth from a loser to us - the winners! :)

JWBelle-End must be getting desperate, lol!

McDade said "weeks". That could be 2 weeks, it could be 10 weeks, it doesn't matter. Either way we're putting hundreds of thousands of barrels every month at record high prices - right now.

May your shorts burn bright and long. Hope it bankrupts you Belle-End.

I know monica, because news never leaks - said no one, ever! Lol :)

Just noted 8 large BUY deals going through, most in the £8-9K region, within the last few hours.

Maybe good news coming shortly. Here's hoping :)

Welcome to the Board chinch, and the most nailed-on investment out there :)

This is an ATM cash machine, and will remain so through to at least 2040.

Happy investing :)

Rex

Plode,

Taken from the Debt arrangement RNS fromMay last year:

"On 12 September 2022, Greatland Gold plc (AIM:GGP; Greatland or Company) announced that it had signed a commitment letter, including a terms sheet, for A$220 million seven-year debt and associated hedging facilities with a syndicate of leading banks: Australia and New Zealand Banking Group Limited (ANZ), HSBC Bank (HSBC) and ING Bank (Australia) (ING) (together, the Banking Syndicate) (Debt Commitment Letter). Further to this announcement, the Company is pleased to advise that it has received a Letter of Support, from the Banking Syndicate in respect of the proposed debt and associated hedging facilities (Letter of Support) which supersedes the Debt Commitment Letter.

Highlights

§ Letter of Support confirms the Banking Syndicate remains fully supportive and enhances Greatland's financial flexibility

§ The update saves the Company from incurring the commitment and other fees associated with the proposed A$220 million debt facilities until the Havieron Feasibility Study is finalised

§ The Letter of Support in respect of the proposed A$220 million debt confirms the Banking Syndicate remains fully supportive while the Havieron Feasibility Study progresses with several value enhancing options underway to maximise value and de-risk the project".

According to the above, there will not be any dilution of GGP shareholders.

Happy to clear that up for you.

Rex

Thank you speedie. I try to be balanced, fair and reasonable when I'm considering things. Hopefully SD will pull off a terrific deal for Greatland. I have every faith in him :)

Rotherby,

No, I'm only talking about the gold mined from Havieron.

If Telfer was in the deal, I'd expect to get it for a nominal sum as the ongoing maintenance & end of life rehabilitation/remediation costs will be huge. That would bring the Hav royalty down to maybe 10-20% overall.

Just my thoughts, who knows?

You could be right Ace :)

But we're at an impasse & something need to give. Time will tell......!

What's wrong with that? Newmont aren't just going to hand over 5.88million oz of gold for nothing, are they? Would YOU?

Also, Hav is still open at depth in 3 directions, with more ounces to come.

Greatland do the shovelling & they get annual cashflow - for doing nothing.

As Greatland has Right of Last Refusal (ROLF) on a deal for Hav, most buyers could be put off spending big money on the detail, only to be kiboshed at the finish line by GGP. Therefore I think the following are the only reasonable options:

1. GGP waits for any offers to come in, matches the highest offer (+ $1.00), then takes 100% control. They have the debt facilities & financial backers to do this.

2. GGP do a JV with a friendly Company, wherby the bidder buys the 70% & then transfer part of that to GGP as a sweetener for allowing them to join the party unopposed. For arguments sake, lets say 20%, giving both parties a 50/50 stake in Havieron.

3. GGP are just given the mine, and pay an ongoing royalty to Newmont of say 15-25%?

Just my thought, be nice to hear what this board thinks? Without the profanities :)

Rex

Don't know about than ianfm, but he said this on the 14th March:

"This was supposed to move well into the 40s and hasn’t!! Must be the next bit of news that is the catalyst, or maybe the one after that, or it it the one after that. Jam tomorrow. Heard it all before".

And yet here we are, 44p :)

This is only going UP. Once the deal is signed we can say goodbye to the 40's and "hello" to the 50's or 60's!!

I expect £1+ by year end. I'm STILL buying :)

Rex