Member Info for Dip666

Sorry, meant to add it's pages 45 onwards related to Newmont lock-in etc.

https://www.greatland.com.au/wp-content/uploads/2025/03/AIM-Admission-Document-10-Sep-2024-1.pdf

Pain in butt they haven't set up a forwarding service from old web domain so old historical link users are redirected to new domain so emailed IR... also means many of the longer research related posts or used in things such as transcripts are now using defunct links, but such is life :-)

I've updated links in forum post below related to the Acquisition to the new web site for AIM admission docs etc.

- https://www.ggpchat.co.uk/viewtopic.php?t=969

*AIM Admission doc*

- https://www.greatland.com.au/wp-content/uploads/2025/03/AIM-Admission-Document-10-Sep-2024-1.pdf

- Definitions page 552

- Glossary of technical terms on page 560

*Some useful sections*

CONTENTS LIST ON PAGE 14

PART 1: LETTER FROM THE NON-EXECUTIVE CHAIRMAN........................................... 19

- Kind of an exec summary

- Proposed ASX Listing on page 29

PART 2: SUMMARY OF THE TERMS OF THE ACQUISITION.......................................... 40

- Overview page 40

- Acquisition Conditions and adjustments page 41 onwards

- Employees transfer summary page 44

- Termination conditions & Deferred Consideration payments &Newmont lock In page 45

- Newmont Relationship Agreement - page 46

- Wyloo Call Options page 47

PART 3: INFORMATION ON THE ASSETS, MARKET AND JURISDICTION.................... 49

- Havieron Capital cost estimate page 59

- Havieron Optimisation opportunities page 61

- Amended EPA Proposal page 62

- Havieron funding details page 63

- Telfer tailings storage facilities info page 67

- Telfer initial mine plan page 70

- Potential opportunities to extend the Telfer mine life page 74

- Telfer Exploration Targets: unclassified mineralisation page 75

- Other assets to be acquired as part of the Target Assets page 79

- Other assets held by the existing Group Page 84

PART 5: THE PLACING AND THE RETAIL OFFER............................................................ 105

PART 6: RISK FACTORS ....................................................................................................... 126

PART 7: COMPETENT PERSON’S REPORT ON HAVIERON & TELFER ........................ 158

- Prepared by SRK, contents page 162

- Exec summary from page 178

- Valuation and Market Summary page 186

- Technical value assumption after Oct 1st page 188

NOTICE OF GENERAL MEETING ........................................................................................ 546

- Info. on resolutions and explanatory notes

- Generic info on Shareholder rights and resolutions at https://www.ggpchat.co.uk/viewtopic.php?t=961

ADDITIONAL INFORMATION ON TELFER EXPLORATION TARGETS ............................. 562

*Supplementary Admission Doc - 03 December 2024*

https://www.greatland.com.au/wp-content/uploads/2025/04/Supplementary-Admission-Document-3-December-2024.pdf

CP, I'm not sending you any love poems and I certainly haven't got the horn for you.

And I certainly don't want to have any 'experiences' with you in a Wendy House... or any house for that matter.

All this talk of tickers seems to have got you a bit overexcited it seems...

Ticker will be GGP on both.

Legend also has it that Max was actually hatched from the same supersize 180kg silver nugget found in Elizabeth Hills in the year 2000 - spawning the legend of 'SilverMan'.

His only known weakness as a super being with the ability of flight, super strength, super sonic speed, laser eyes and invulnerability to SP dips is through sustained exposure to sulfur containing gases that can actually 'tarnish' his eternal optimism.

However... he can regain his powers by being submerged in DSO grade iron ore :-))

Jokes aside - despite the nepotistic relationship with RS's companies and JV - at least we're seeing some action on EH as HH states.

SP reflects sentiment at mo - as it always does - some feel we're undervalued and others overvalued it seems - the price of anything is what anyone is willing to pay for it at the time of a transaction. What it's reflecting at EOY is what concerns me as I feel we need more data to process and time for the market to absorb and ASX should in theory be a very beneficial place to be cross listed and I feel we'll be north of here - we all have our own timeframes and strategies of course.

We are banking a lot of cash at the minute but of course we also have a lot of development to fund to increase Telfer LOM and get Hav into production - and of course the development in turn will increase production profile to generate ROI over time, helping grow the company organically. This all takes time and they've only had the reins for a few months.

We don't have a very complete picture at the minute as a very new business so any assumptions (bad or good) are very loose - we've also had a big SP rise and now a 'quiet' period until ASX, albeit prospectus is due in next fortnight. On AIM this kind of scenario often leads to a bit of volatility and as some have posted, insto's rebalancing due to that big rise is also a factor in the current dip and it is a valid point as many have fixed values for how much weighting each investment holds.

The team may not need to secure and tap into the provisional debt funding for Havieron for for example OR the team may decide we should tap into some due to a variety of reasons nearer the time as there are compelling reasons for debt to be leveraged in healthy businesses that don't need to utilise debt from tax efficiency to ensuring a war chest for any adverse conditions/issues in future or provide M&A capability as some that quickly come to mind.

Large corporations do it for a multitude of reasons all the time such as those I listed above, easy enough to research online albeit Shaun seems to be confident we won't need to. Shaun started off as a bean counter so I'm sure he and the rest of the world class team (one any major would kill to have) will make very astute decisions such as they have with the Puts and it's excellent to have a capability not a need to utilise debt through banks such as Tier 1 banks in HSBC, ANZ and ING.

We should avoid getting too fixated into any fixed narratives IMO - still too early to make accurate assumptions without more production and financial updates and a better understanding of how much we need to fund our planned developments and detailed forecasts of their potential ROI. Hard to argue though that we seem to be off to a very healthy start and the future looks very promising - certainly what the SP has shown over the last few months since the deal was closed.

Failing to manage expectations... ?!

Says the guy whose face is flat from falling upon it constantly due to failing to manage his alcohol intake appropriately....

I'm sure Tymers is ordering another Wendy House today Freddo :-))

I don't have time to do transcripts any more or hunt for facts or data to copy paste into boards or share any research as also not had any time to do any - but I also don't think it's needed now we're a producer.

When we were just a junior trying to make something of Havieron and everything was up in the air, it mattered... you needed to reiterate what was actually planned or said to combat FUD or misconceptions or just help debate potential outcomes from the many potential scenarios we were looking at prior to a deal.

Folk just need to read the market releases as shared by multiplier just now, the quarterly and financial reports moving forward, presentations and interviews and keep an eye on macro going forward.

The numbers will do the talking and we'll see how the market responds once on ASX. For the very short term we can look at being approx. 300k per annum producer with plenty of organic upside to be outlined soon.

There is no big brother JV partner controlling Comms so Shaun is sharing absolutely everything he is allowed to share nowadays, he's almost too honest. You can't criticise everything being laid out in timetables that traders can play about with as that's how grown up companies operate and are expected to operate.

The company will shift more and more towards institutional ownership whatever claims some are making of never selling, it's what always happens and will happen here as some slice or sell to use money elsewhere and circumstances force the hand of others reluctantly.

The age of retail is over, it was over when we voted the deal through and by doing so we had already agreed to things such as the ASX listing.

Now we just have to wait to see how it turns out, doesn't matter what trolling or ramping gets posted according to ones perspective as the reality is the market itself will judge Greatland and we'll know soon enough.

Putting things into perspective we have had good news after good news since the deal and the SP whilst volatile has been positive.

Personally I am expecting a positive Hav DFS and positive Telfer updates and a good environment for mining companies ahead and feel ASX listing will benefit us and increase mCap so happy to ride any short term volatility out.

The team is diligently working away to put flesh onto what is still a loose framework or skeleton of what the company will become.

Greatland is off to a fantastic start, keep sight of that and don't let fears creep in because of some volatility that was expected by some anyway IMO.

Look at where we started the year and where we are now ;-))

I thought Charles Archer made a good call about volatility into the listing and SP perhaps dipping to 11.5p and seems he did.

The ASX listing much like the deal may take time to deliver ROI and nothing is ever guaranteed. The company has a solid future, it's not going anywhere now, how this is reflected in the SP is as always not written in stone.

My 'trade' is based on what I articulated after the deal that I'd see the whole year out to let the potential catalysts play out to judge the team and their performance at year end and decide if to sell or slice into 2026 then or retain my holding (not interested in adding more as happy with what I hold) and move to quarterly assessments into 2026.

The company is solid and no worries there, the risk as an investor is always in that growth of your own invested capital is reflected as well performing companies can still have mediocre stock market performance.

Set a strategy IMO to reflect your timeframes, remain vigilant and don't worry about short term daily fluctuations unless a worrying trend or some issue rears it's ugly head.

No one's been calling the short term macroeconomic trends in these chat boards well whether positive or negative as too hard to predict. So no point IMO in arguing about it surely...

As I've opined before, this is a pivotal year and by end of year we'll have a clearer picture of both the potential for investors and the fundementals.

DYOR of course as we all should be :-))

The 11p statement isn't one I recall Shaun making personally albeit might have missed it at a TH or in an interview.

I think it's getting confused with the understanding that there is a 20 cents AUD threshold to list on ASX which roughly correlated to 11p at the time.

You can actually apply for a waiver when some of us looked I to the rules but the fact we're consolidating has made it a non-issue anyhow.

I'm pretty sure Shaun would be careful to not give any desired SP target for a key event like that in public or it was misunderstood that he meant being at the threshold at a minimum would be ideal.

Bit confused with him Timber, am sure be claims to have a background in the industry in SCM or involved in some way in the supply chain from what he said when he started posting and not seeming to display any particular insights into the mining industry, unless I've confused him with someone else.

@Letsgetrich, The mining industry itself is abundant with examples of mines and projects let go of by majors that have been picked up by smaller mining companies that have flourished.

And rarely with the kind of start that GGP is enjoying or such a deep level of experience and expertise across the team.

The odds are more than favourable for success ;-))

@Doozer - takes a strong person to be kind and gentle mate - no shame in being a softy :-)

As for Pee Wee Herman - as Dr. EVil might say... "Why Must I Be Surrounded By Frickin’ Idiots?”

I suspect everyone will be much more chilled by Q4 as the ASX listing's benefits have hopefully kicked in ... and we have the Hav DFS as a xMas present to look forward too :-))

Hi Doozer, I was just pulling your leg bud, as you say any bad behaviour is usually down to the owners than any particular breed, they usually have hearts of gold as such.

My brother just had to have their greyhound cross of some kind put to sleep a few months ago and been a terrible loss for my niece as he was there all her life.

@Doozer ... Dr Evil also had awful taste in canines 😁

He's not saying anything we don't already expect from Telfer and signposted by Shaun in that we'll see viable extensions of mine life as we get more updates.

The SP may well dip down below 12 for a while but it's where it will sit in accordance to your timeframes and strategy that really matters in the long run unless you need to slice or sell soon.

The ASX listing doesn't mean we won't ever see SP volatility again as obviously there is plenty with ASX stocks too.

Sentiment rules and there is also a lot of uncertainty and unpredictability around

Lol Speedy, I may have inadvertently lost my toolbox it seems, such a shame!

It's not just about the listing.

We'll see further data and productivity updates this year and beyond that will make the case for organic growth both short and mid term with the 2 key assets being the key focus for the team and what will drive growth.

It required a mental reset for us as existing investors to understand Havieron being delayed and Telfer playing centre stage initially as being positive as we had to absorb a momentous change in what we thought we knew about Telfer.

We seem to have had our day on AIM so it's worth any presumed risks to see if the team can leverage an ASX listing IMO for the now well articulated benefits that were put to us and have been approved today.

We should expect volatility to continue due to many reasons both related to internal and external factors for the remainder of this year, but as long as the overall result is ROI by year end, then we're all winners.

Growth is always painful, in every sense of the word. We just have to accept it won't be straightforward and there may still be some challenging periods ahead ;-))

Charles Archer's called it well in his TG group suggesting a lot of volatility between 12 to 20p ahead while we move through the steps into and beyond listing, best to focus on the longer term than daily movements IMO ;-))

Afternoon CP, hope you're keeping well, we don't want you blowing a fuse in this weather!