RE: RNS - NOTICE OF COURT MEETING AND GENERAL MEETING24 Apr 2025 08:40
Whether the debt facility will be used, and the extent of it,is for the future. Without knowing what opportunities the board may be considering, it is impossible to answer.
Greatland simply ‘had’ to undertake an ASX listing. They are doing so, with sp and growth in mind.
The immediate reaction today by early traders seems to indicate punters/investors, setting the price, are not unhappy with the potential of that.
We wait to see what will happen on share availability on listing. A maximum of 2.5% of Newmont shares, I would have thought, would see a squeeze on availability. If Newmont wrap into the Greatland offering on listing,and the extent of their offering, may see less of any squeeze.
Just one of the many things Greatland will be doing in its quest for growth.doing