Member Info for Dip666

Thx Red :-)

And Freddie yep he's deffo that Lurker guy who seems a bit of a tw*t on that site. Just to reiterate it's not that his posts /articles are negative about GGP, I dislike as I wouldn't care less if they were positive as an uninformed or lazy opinion mean nothing one way or the other. When I've twice really gone through his posts/articles he makes so many mistakes about key events or facts that it just makes what he says worthless to me... and not just about GGP - so no way I'm wasting time going through any of his articles in detail any more in future, anyone who wants to listen to him is welcome but fck if I'm wasting my time :-))

p.s to those slating GGPChat constantly - it's useful like this when you can go back in time and easily find something some of us did and share the info. again in a few minutes vs an hour!. Had we made that thread here I'd have to try and remember around when we posted it and go back through either all my post history or the threads in GGP to try and find it. The site is serving very well as a research hub and library - I wish I had that kind of resource for every stock I was invested in.

Truth is the DFS which is now over the standard 12 months of following the PFS which I understand as an industry standard (?) in what have been very turbulent and inflationary times - is what will tell us the 'truth' than any so called journalist. IMO we need to wait to see how/if inflation has impacted the project and also how the Optimisation Studies may have helped negate or minimise this and increase production profile etc. as signposted in PFS by evaluating the DFS and mining plan and also what they intend to do moving forward in general terms with how they mine Havieron since all the drilling and analysis since the PFS has better informed their understanding of this complex but highly commercial ore body.

Let's not forget NCM are a major and leader in certain specialisms and NEM the industry leader in general and soon to be even more bigger once the deal concludes and they've both been through all kinds of economic cycles. All corporations have long term policies such as hedging strategies to cope with economic and supply chain turbulence. We'll soon find out what structure the ASX listing is taking and we'll see what impact it has once concluded too and of course once DFS/DTM delivered what kind of rerate we get.

One way or another - we find out in the next 12 months now after such a gruelling couple of years - I think this waiting period is seriously frustrating some now and all I can say is it really is best to switch off a bit and just wait for the next 'phase' of GGP to begin with the ASX listing proposal if you plan to hold into production and try and enjoy the summer - as always DYOR :-))

We've dissected a couple of John 'Cornball' Cornford's articles before Freddo, he's also known as Lurker on ADVFN site. He has a right to his opinion as a self stated 'master investor' as outcomes are quite random in many ways for a company at GGP's stage and with the Newmont situ and of course ASX format has still to be formalised and presented for a vote to us.

BUT previous articles have been pulled to pieces, dissected and some glaring errors found in his understanding of GGP in the past as you might recall around the option exercise, unforgivable errors for a 'master investor' and journalist who should be doing his research and establishing facts before writing articles and making strong opinions on investability or lack thereof I would have thought.

Having read his posts on ADVFN and other stocks he covers in his 'work', he's certainly not the best writer or expert to be reading IMO but DYOR and MYOD - free country and you can listen to whom you wish but I don't respect tardy research from an 'expert' whatever their opinions or conclusions are, even if positively speaking about any stock I own as someone who spent many a year in market and biz intel ...

Threads are on GGPChat inc. this one:

https://www.ggpchat.co.uk/viewtopic.php?t=442

Thx Rotherby and yes hopefully can make the next TH mate, surely can't be too far away now;-)

ITS - your posting history is full of vitriol, spite, FUD and very very little (if any?) in the way of actual market or company information/research or dissemination to assist fellow investors or those looking to invest - so stay posting here - as yes your type of posts would be removed as they serve no purpose or contain nothing useful or of interest to most.

GGPChat has morphed into a library with longer form threads on topics of interest that are broken down over time and I like the form it's taken... vs having hundreds of posts that are less useful for those looking less for a social aspect and more for info. so it suits me and many many others.

Personally I use it to post transcripts and longer from research or my analysis /thoughts such as the option exercise and outcome, info. on ASX cross listings as an example. Point to any posts you've ever made that are really useful or analytical in your banal posting history on any platform?

Must be winding your type up that the traffic is dwindling across LSE chat boards even more so that the summer period would have caused... so many less people to try and wind up, you'll have to stick to your fictional high life in London because of course if you post it here it must be true? LOL

I've been posting less due to personal and work commitments (and enjoying the summer!) but I'm really finding it pleasant tbh as I never used LSE before the first lockdown and it is an increasingly toxic and poorly moderated platform. I'll stick to posting less while we're in a quiet period at the very least if not for good moving forward.

Have fun FUDing all day like the other pathetic so and so's that dominate LSE boards nowadays - what lives you miserable geezers must have in real life vs your online fantasies. Perhaps amuse yourselves by watching the videos they have integrated across the site :-)

Have to agree ... enjoy the weather :-)

Sadly a combo of summer, market and sector disinterest, the stupid video integration across the site and decreasing level of posts making it easy to skip this and other LSE board's more and more, I really do wonder how many of us will be posting here soon.

It makes sense to have a strategy in mind for whatever scenario comes to light with ASX and your OWN personal interpretation of if any raise that may or may not be part of the ASX Listing is accretive and in your OWN timeframe for investment. But we'll need to wait and then consider any POTENTIAL raise at the time against something like RA's excellent list of scenarios against personal goals and expectations.

SD will need us PI's still at this stage of the company lifecycle so needs to be something most of us find amenable. Listening to the likes of Fred is a waste of time as much as anyone only ever seeing the best in GGP - balanced views and consideration and again... what may suit me may not suit someone else on their own timeframe or need for funds so not one single poster has the 'correct' strategy as such...

IMO, just enjoy the summer, not much to do now but wait and see how the long awaited catalysts play out really for those looking to hold into production and beyond :-))

Notes from AIM ON AIR interview - Part 2 - 19 Jun 2023

https://www.ggpchat.co.uk/viewtopic.php?t=734

It was discussed in part 1 inc. the response Freddie.and to reiterate that though Shian has stated there is no planned raise on an ASX listing whenever asked that they are still exploring all options and the article.was irresponsible etc.

Https://youtu.be/hNcQI3KmQaE

Spotted that after posting - very backdated... :-)

Https://uk.advfn.com/stock-market/london/pathfinder-minerals-PFP/share-news/Pathfinder-Minerals-Plc-Holdings-in-Company/91369859?xref=newsalert

Https://youtu.be/0ldumq_s_mw

Shaun Day joins Liam again for a company update, of the RNS news items

"Havieron Exploration and Development Update"

"Juri Joint Venture Management Update"

Followed by part two of the Q&A with questions posed by shareholders.

The content found within this video is not advice and should be used for information purposes only.

Greatland Gold plc (AIM:GGP) is a mining development and exploration company with a focus on precious and base metals. The Company's flagship asset is the world-class Havieron gold-copper deposit in the Paterson region of Western Australia, discovered by Greatland and presently under development in a Joint Venture with Newcrest Mining Ltd.

Havieron is located approximately 45km east of Newcrest's Telfer gold mine and, subject to a positive decision to mine will leverage the existing infrastructure and processing plant to significantly reduce the project's capital expenditure and carbon impact for a low-cost pathway to development. An extensive growth drilling programme is presently underway at Havieron with a maiden Pre-Feasibility Study released on the South-East Crescent on 12 October 2021. Construction of the box cut and decline to develop the Havieron deposit commenced in February 2021.

Greatland has a proven track record of discovery and exploration success. It pursues the next generation of tier-one mineral deposits by applying advanced exploration techniques in under-explored regions. The Company is focused on safe, low-risk jurisdictions and is strategically positioned in the highly prospective Paterson region. Greatland has a total of six projects across Australia that focus on becoming a multi-commodity mining company of a significant scale.

HI CP - Feel free to reuse any post I have made, hectic at mo so barely time to read/post anything and happy if it helps provide clarity to anyone :-))

Explains the difference between cross and dual listings

https://investinganswers.com/dictionary/d/dual-listing

Excerpt:

Cross-listing is often confused with dual listing. Both terms refer to a company listing their equity shares on a domestic and foreign exchange. However, cross-listing refers to one company listing the same stock across multiple exchanges. Dual listing occurs when two companies (functioning as one) list their individual stocks on different exchanges.

What Is Cross-Listing?

https://www.investopedia.com/terms/c/cross-listing.asp

Excerpt:

Cross-listing is when a company in one country becomes listed on more than one exchange or an exchange in another country. A business would typically want to become cross-listed if it needed access to more capital than is available on one exchange or if the move was part of its strategic growth plan. This tactic has several advantages and disadvantages.

To be approved for cross-listing, the company in question must meet the same requirements as any other listed member of the exchange with regard to accounting policies. These requirements include the initial filing and ongoing filings with regulators, a minimum number of shareholders, and minimum capitalization.

https://en.wikipedia.org/wiki/Cross_listing

Excerpt:

Cross-listing (or multi-listing, or interlisting) of shares is when a firm lists its equity shares on one or more foreign stock exchange in addition to its domestic exchange.

To be cross-listed, a company must thus comply with the requirements of all the stock exchanges in which it is listed, such as filing.

Cross-listing should not be confused with other methods that allow a company's stock to be traded in two different exchanges, such as: Dual listed companies, where two distinct companies (with separate stocks listed on different exchanges) function as one company.

Depositary receipts, which are only a representation of the stock, issued by a third-party bank rather than by the company itself. However, in practice the two terms are often used interchangeably.

Admitted for trading, where a foreign share is accessible in a different market through an exchange convention and not actually registered within that different market.

Some good forum posts discussing too:

https://www.ggpchat.co.uk/viewtopic.php?t=434

https://www.ggpchat.co.uk/viewtopic.php?t=715

Https://uk.advfn.com/stock-market/london/pathfinder-minerals-PFP/share-news/Pathfinder-Minerals-Plc-Update-re-Sale-of-IM-Miner/91331781?xref=newsalert

Update re Sale of IM Minerals

Further to the Company's announcements during May 2023 regarding the disposal of IM Minerals Limited, a wholly owned subsidiary of Pathfinder, to Acumen Advisory Group LLC ("AAG") and, with it, the rights to bring a claim against the Government of Mozambique for the expropriation of Mining Concession 4623C, Pathfinder has been advised by AAG that AAG's UK legal counsel ("AAG Counsel") has received approximately GBP1.1 million into its client account.

These funds are being held to order by AAG Counsel and, together with additional funds which are expected to be received into AAG Counsel's client account in due course, will be used to satisfy the initial consideration payable by AAG to Pathfinder pursuant to the sale and purchase agreement, and therefore facilitate completion of the disposal. A further announcement will be made as and when appropriate.

Hi CP, I would say that 'currently' Shaun doesn't foresee Newmont divesting Hav/Telfer interests as he's left NEM alone to focus on the acquisition from what I gathered from the interview (my own interpretation of course) and certainly I've long felt it's just too early and also very distracting for NCM to do so unless NEM request so.

I would think once the acquisition is complete as par for the course NEM will not only be conducting a thorough contemplation of portfolio optimisation but also meeting all JV partners and discussing options and progress in alignment with their developing thoughts on whether assets will remain or be divested - but all in good time from 2024 onwards and of course with GGP they need to focus on production nearing ASAP at Havieron as soon as they have their hands fully on the reins.

Hopefully that means for now, we'll see the DFS/DTM be delivered rapidly post completion of the NEM/NCM deal so we can start to enjoy a rerate. The production ready decline is still being developed as is supporting infrastructure and from what we know plans for the new cutback at Telfer too are ongoing - that alone gives me confidence that everything will continue as planned into production vs those fearing more negative scenarios and these should be put to bed hopefully once we see the DFS and an official DTM.

Again with Telfer - it's the timeframe and scenario of Havieron, Gold/Copper prices and costs that affect it's business case as right now it's certainly not the most commercial asset on their books short term and the new cutback very much so seems to be to enable that stop-gap for Havieron and of course perhaps rising Au/CU prices offset against whatever the prevailing costs are at the time will allow Telfer ore to be put through longer but Havieron ore should markedly improve that over the years as production and bulk mining ramp up.

And of course even longer term there should be other sources of ore that could be fed through if the Paterson delivers on it's assumed regional prospectivity. NEM will have their own metrics, outlooks and internal corporate policies shaping what approach and outlook they assume for Telfer, much like divestment or a bid for GGP, I feel the options remain very very open vs clear-cut for them so I am personally open to ALL scenario's currently - this will develop of course as NEM's strategical positioning becomes more clear once they assume ownership and start to make some moves :-)

Depends on the timeframe IMO, right now Telfer may not be very appealing commercially but with Havieron coming online that all changes when an entity owns one outright and the majority share in the other, also why they seem intrinsically linked at the minute to each other.

Now Shaun has outlined that there is a viable path to Havieron processing its own ore if needed and I'd assume that there is a strong enough business case to fund this in the very remote possibility that this would be required and Newmont decide to spend the money required to decommission Telfer and throw away the half billion too spent on taking Havieron a few fingertips away from production...

I bet Newmont shareholders will love that after such a major acquisition when they want to see ROI. Shaun made it clear I feel that no discussions are ongoing as he is letting Newmont focus on the bid and more than a few of us sensed he doesn't see Newmont parting with either asset in Liam's first of two interviews.

I'm quite happy with that as feel the original roadmap was very achievable as a passenger on Havieron to fund more growth, less risky and capital intensive for instance and of course if they want the rest of Havieron then Wyloo will not want to see it go too cheaply especially when they have no need for funds and appear to see GGP as a vehicle for their aspirations in Australia and the Pilbara in particular...

Interesting and somewhat stressful times but let's see if Shaun and co can start delivering into production as the ASX and other catalysts finally get released.

Notes from AIM ON AIR interview - Part 1 - 02 Jun 2023

Shaun Day joins Liam again for a company update, of the RNS news items

"Farm-in to Rio Tinto's Paterson South tenure"

"Havieron Debt Funding Update"

Followed by a Q&A with questions posed by shareholders.

https://www.ggpchat.co.uk/viewtopic.php?t=727

Great summary Panama, thank you... you're really pushing that 'Prince of The Paterson' narrative aren't you lol

My view on remaining in a JV that I posted earlier on TG was that it's anything but a negative outcome if we remain in a JV with NEM and who knows how things work out across the decades the mine will be in operation? Also, we may well have other feeds for Telfer too dependent on exploration success over the next decade, so a myriad of scenarios to potentially play out.

The original roadmap of JV to fund growth I feel would be just as effective in long term growth and also perhaps preferable for those existing holders who are conflicted about if/how accretive an acquisition would be of Hav/Telfer in their desired timeframes.

IMO as SH's we should never get too hung up on a particular scenario that isn't in GGP's control but subject to the whim of a more powerful partner and remain open minded on both the scenarios and their potential ROI. I feel being a JV partner at Hav is an easier task in some ways with piggybacking them, utilising our resources elsewhere while funding growth as an example, always pro's and con's for each scenario 🙂

Aim On Air Interview and Q&A with Shaun Day - Part 1

Part 1 of Liam's interview with Shaun

https://youtu.be/tqObMGixczo