Member Info for Chuffchuff

First came in at 0.082 I think it was. I did take my original stake out a bit later after it doubled not long after but I've drip bought a little since. I'll be honest, I'm very heavily invested in GGP and regardless of Callum Baxter's pedigree and the anomalies directing to drill locations so far this is still a high risk game at this early stage. Depth is an issue, but there is better tech a) to drill there, and b) to recover it if results are good. We all know that down the line if we have recoverable gold that there will be raises and/or JV's or even a buyout. None of these need be negatives I hasten to add but it will cause SP volatility. If you do look at the Lasdinde Curve there is still potential upside ahead of drilling or at least as the drills start to turn. It's why I bought a bit more today (which actually shows as a sell but I suspect this was as the price was turning). Some will get out after that because they made a little profit and bail because they fear drills won't be as hoped for. There could be a slight dip then but obviously if drill results are good or spectacular then there is potentially a huge uplift. We know the path to production in that event is years away. Prepare for a drop as funding issues bite and that is the bit that is hard to call as it is a long slog from there even if the eventual prize is huge. But there are mini events along the way with good exit points whatever your personal timescales. My note of caution is the coffers run dry eventually without a raise or two unless (and I really don't have a scooby on this one) we get progress on the oil play. If that comes through sooner rather than later then this has another catalyst that makes this a fairly unique share and one that's hard to call!

I'm sure someone said they had sold up but would buy back at 220? I wonder what they will do? On another note perhaps it's time for the extremes at either end to curb it a bit? I don't mind some conjecture but some state things as if they are guaranteed. Many of these statements have backfired. Offer a personal view and bring statistics by all means but some have a habit of conjecture that goes a long way beyond what the reality is. Yes I know we should all do our own research but please don't let's have the hyperbole we had before. Those that deramp for whatever reason I don't pay any regard to, but for those that I listened to for other reasons will I hope use a bit more caution. Before anyone makes any assumption, I am not referring to Bamps, who in my view brings forward looking info based on knowledge without stating in any particular way where we are headed short term SP-wise.

I'm certainly not going anywhere. There will be massive upsides to come. However, no one predicted this. Yes we are up on the year but we are close to half where most of us expected to be if we are honest about the current SP. What does it mean? I think that for even this holding as we get anywhere the recent highs of 360 (18p in old money) there will be more people taking profit so as not to get bitten again. This preclude any unexpected or remarkable news. Of course many more will stay until 2028 and beyond but I do fear any slippage with that timescales unless the resource at Telfer is proven absolutely banging and recoverable in decent quantity before Hav gets online. We need both in tandem in my view - great Telfer drills with expedited progress at Havieron. One or the other may do, but without it it is going to be a nervy ride. Still in positive territory personally but none of can be too happy with the state of play and wherever it comes from the rot has to be stopped before we can rebuild.

I suspect those LTH's who've sold are simply looking at their timescales and been shaken by recent events. In some respects it may mean nothing to them that we are on a necessary path that involves greater expenditure over the next 18 months or so. I feel sorry for them as others have said. I don't regard their posting (unlike some regular agitators who demean anything and anybody) as derogatory. I can see myself walking in their shoes if I were more strapped for cash. Hardly anyone felt we would be back down to 12 in old money when most were ancipatong 20+ after ASX (or fantasists proposing even more). On that basis it feels like a 50% drop rather than 30% and so I can understand those who fought hard to get in profit averaging down year after year, being spooked by events. They were not unfit to take the risk, they bought in to a good company. They have chosen to opt out because the risk feels greater than it did.

I hope for strong Telfer results boosted by drills elsewhere. I do get the positives in Bamps post and all that SD is attempting to do. The workforce retention and buy-in point is not to be dismissed. Every ounce counts. My concern timescale-wise is partly the path to production at Havieron. Because I didn't walk away at the new 3.50 believing more was on the horizon, I'm staying put for the Hav FS. My concern is if anything occurs that puts Hav back to beyond '28, or if there is a major setback at Telfer this becomes a 10 year project and I wasn't/can't be here for that. My risk - thankfully mostly derisked apart from this blip, but some are finding the risk/reward balance too acute at this stage of their lives even though we could be sitting pretty again in 3 months. That's OK. Thanks to them for being stalwart investors over 7 or so years. They helped us up the path. I hope they get their rewards elsewhere, or here if they left some in or buy back. I'm a gloomy sod at times but what I mean is I understand the reaction of some and the honesty that has come with it so I don't believe they should be shut down. There is still the possibility of mid-term reward I believe, but it is a tightrope.

As I said before, to anyone coming into this share newly on the ASX I can understand why confidence has been dented - I fully get that. It's not been great. Here meanwhile the symbiotic relationship with the ASX means we are sucking up some of that negativity here. Sentiment is all. Remember why you are invested. Eventually we will be compared to our peers and there is simply no way this can be held down when the light comes on for people. Management do need to avoid any missteps going forward and news management has to be given a priority whether news be good or bad. Back on the path to accretive growth with some notable pick ups along the way I hope.

Well there's not really a positive spin to be made other than the sentiment has taken a kicking even though the drop we've had is unfathomable. Look at the profit the company is gaining. I guess it could try to simply ignore what is a pretty depressing state of play for those who have a shorter timescale, but I suspect provided we get some decent resource on stream this should be just a hiccup. If it's not then 95% of us have been wrong-footed. In that sense I do have more caution about the catalysts that are to come - the ones short that is of first ore at Havieron. I do get we are in a much better position being (hopefully) self-funded going forward, but I do now hesitate slightly on what (or rather when) we get propelled beyond the recent highs. I feel at the moment like I've ballsed up slightly (as maybe a few others do?).

From being underwater what seems like not all that long ago, to being in tantasysingly close to significant enough profit to what I might have drawn on, to then dropping back to somewhere still comfortable but not exactly sitting easy is a slight confidence-shaker! Am I confident in the main prize? Yes. Am I still confident in SD and the board? Yes I am. I just don't half wish Havieron was a little further on. No delays to that please! Let's hope this is behind us in a few months. No one of any merit called this even if there were doubters over the ASX, but I'll be very interested in how Shaun deals with it. Doing nothing and continuing to build profit and drill isn't a bad response as such. A lot depends on just how much sentiment and confidence bite. Let's see what happens on the next bit of good news... Still here (for a bit longer than planned 😂)

On a somewhat irrelevant note to what's currently important the photo of the Telfer Dome pre-excavation is fascinating to see when you compare it to the photos of now.

We have enough non-invested disrupters on the board so can't we at least keep politics from those invested out of it? I don't mind some economic speculation but deeply held political views normally get extremely polarised and divisive. It normally ends up with one side antagonising the other and no one changes their mind regardless.

I think that's a fair post Dip. We all feel that the SP is now undervalued (it actually is I believe).. BUT, if I put myself in the head space of a newly invested Aussie who was listening to the quarterly presentation and Q&A so soon after the cross listing that enabled me to buy in, then yes it would have shaken my trust somewhat. As a long term UK holder I come at this with a slightly different attitude, but mistakes in the messaging were made regardless as to subsequent press so it indeed in the hands of GGP under Shaun to put this right. Let's hope for a reset at Diggers & Dealers tomorrow and a steady climb through to September and beyond.

I'm pleased to understand these mitigation works Bamps and the portal works seem to be an eminently sensible way ahead. It's quite clear that flooding risks are increasing across the world and planning for extreme events is essential. Regarding the evaporation ponds GGP will be extremely keen to maintain a good environmental and safety record so money spent averting any further potential for overspill is essential. Moderate cost increases at the outset to mitigate against events that could otherwise create danger, a suspension to operations and/or environmental and reputational damage is money well spent in my book.

Are we really saying that a game of Chinese Whispers has caused many on here to lose 10ʼs or even 100ʼs of thousands of pounds in a few short days?

Buffa I think Shaun will be obliged to make a response, but I would have thought it more likely be contained in an RNS containing (hopefully positive) drill results. Although the expectation was that there would only be quarterly updates going forward I would think he will use another opportunity to address the slide. Complete silence for the next three months would not look great, but I think Diggers & Dealers is in just a few days time. Maybe we get a more confident looking assessment from him then?

As ever there need not be such polarised views. We are all here to make money, although this (save for one other non-mining investment of mine) is fairly unique in keeping me interested about the destination. However, I totally sympathise with people having differing "get out" requirements. There is a difference as to whether anyone is looking to pass this investment to their children or whether they wish (or need) to monetise this asset sooner. A lot of this is age and circumstance dependent too. There are many names I see on here from 5 years ago. It's been a long journey. Most of us are doing OK although not sitting quite as pretty as a few days ago. I made no secret of the fact that I would likely need to draw on this by early next year and my initial thoughts were that there would be enough catalysts to move the SP substantially north by Christmas even with Havieron still a couple of years down the road. Time will tell but I (and many others) appear to have been wrong-footed on that score. I don't really have an issue with people pondering unsubstantiated takeover offers as I would have to consider it given my current timeframes and what has occurred. However, that's not my preference and I would love to see drills really enhance the resource and for this to regain lost ground in short order and then push beyond. Nevertheless we are in a space where vulnerability (part of which has been self-made) amplifies the risky business we are in. I take some comfort in knowing that GGP prevailed through a precarious negotiation to lift many of us out of deficit and into profit when we bought the farm.

The personal test for all of us is in balancing all the risks and rewards over the next 6 months to what is in store in 2 or 3 years. I don't regard someone taking a truly sensible buy out offer as anything other than someone derisking their portfolio as it gets closer to needing to draw on it. I'm open to several pathways and I'm certainly not going to hold any grudge against genuine long term PI's as to whether they stick or twist as events unfold.

Disappointing day perhaps but a tree shake is far less likely to loosen UK holders many of whom have been here for years - and so far (hope I'm not speaking too soon) that is playing out. We do need some decent drill results to move this up I suspect. I think a cautionary note is that SD always mentioned about managing expectation for this quarter due to grades, expenditure, etc. It was never going to match the flying start. Note to self is to hold on to some of that prudence and to filter some of the extremes at either end of this board. I'm still very much in profit so this hasn't been devastating but I know that's not the case for all. I hope we get a spectacular FS for Havieron and as much as I appreciate that the bridge enabled by Telfer production to the the commencement of Havieron production I would still like to see Hav become an increasing part of our newstream. Let's let this settle. Having observed the ASX drop there was absolutely no point in selling this morning and I'll be sitting tight. A slow recovery will occur I think but ultimately we make our own choices. As in society itself a slightly more moderate discussion board with a little less noise from the extremes at either end would probably suit where the silent majority are at perhaps?

Lots of reasons to be where we are. I think a lot of LTH's are neither buying or selling - sitting tight and waiting on news, which may not make for the most dynamic market but it is where most of us are (or at least where I am). Although I'm managing expectations about the quarterlies due to what Shaun said at the last TH, there have nevertheless been a lot of positives. So a 10% rise might not be out of the bounds of reasonable expectation which would mean 370 off today's price 18.50 in old money. So then what about the next quarter with increased resource, maybe 15% with the Havieron FS following in short order? So that becomes 444 or 22.5 or so. Not to bad. I think that's a reasonably conservative take and does not account for truly exceptional drill results either at Telfer or elsewhere. Don't forget that when news flows on Havieron we have the potential to ride that upward SP curve even more steeply if Lassonde still applies to us. I don't think this is a ramp. I think I'm managing expectation reasonably conservatively but still seeing a pathway to great returns.

For those who missed it:

June Quarter 2025 Results

Greatland Resources Limited (Greatland) (ASX:GGP, AIM:GGP) will lodge its Quarterly Activities Report

for the June Quarter 2025 with the ASX on Tuesday, 29 July 2025.

Greatland will present the Quarterly Activities Report via a webcast for shareholders, research analysts,

media and other interested stakeholders on Tuesday, 29 July 2025 at 1:00pm AWST / 3:00pm AEST /

6:00am BST, followed by a Q&A session.

June Quarter 2025 Webcast

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It is recommended to log on at least five minutes before the scheduled commencement time to ensure

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I can report that for the first time in 4 years nothing useful has been contributed to this board for at least 7 days (except for meets information which involves real life people prepared to show their actual faces and listen to people with expertise and ask questions or debate without being twats). Those who constantly belittle or cast aspersions or defame through one means or another will continue to hide. I partly measure people by their history and whether they are open to reveal themselves in a real life situation and be accountable to some degree. All sorts of reasons or excuses will be there for why they won't. Truthfully I believe even those on the wilder side of debate would be welcomed to a meet to listen to their point of view. There's a challenge. Who will take it up?

Penn is a lovely part of the country but a little tricky if not driving. The Bricklayers Arms at Tooley St (within walking distance of London Bridge Station) has a function room upstairs but not sure of cost. My old workplace used it for no nominal fee I think. http://www.shipwrightsarms.co.uk/function-room-shipwrights-arms.html It would not be too bad for Fenchurch Street/Tower Hill etc if prepared to walk over the river. Otherwise both Fullers and Youngs have websites for pubs with function rooms (I would say closer to a mainline station the better) - but I've no idea of charges.

It's a great shame given how enjoyable the meets clearly are, that more people didn't register their interest in a London/SE meet. Is it a case of hoping others commit first? There must be huge numbers who would be prepared to attend to get input from Bamps, Element and others who are just hoping the event would materialise rather than be part of making it happen!

Nvm. Gone already