Member Info for GoldenI

Interim drilling results come about half way between quarterly results from NCM.
52 weeks in a year, so there are some 7week intervals.

Thanks Paddy.
Seems like a number of levers are pulling in opposing directions.
We have what appear to be the true start of economic and stock market uncertainty, partly fuelled by the COVID fallout.
There is a lot of speculation - ongoing for some time - that PM prices are set to surge.
NCM continue to progress HAV at breakneck speed and seem to be optimistic about increasing the footprint.
GGP are setting out on an aggressive drilling campaign.
The net result seems to be a stagnated share price waiting for some significant news to drive future direction.

Shares issued under the block listing - almost reached the end of these now.

Trading update RNS seems to confirm much of what was discussed at the recent investor presentation.
The company seems to be reasonably confident that progress and profitability will be sustained.

Lenz
Progressing as expected.
Heavily invested, increased ownership as per JV plan, extensions to outline of goldfield found, all very positive.

now own 60% of Hav

All looking good - growth, growth, growth... open...

Tom
If there was a linear correlation between SP action, current results, market sentiment, POG, then maybe.
However, sadly that is not often enough the case.
I fear the price may move very little from its current range - but the market is excessively fickle.

Maybe because of the 'false close' price on Friday?
Still, good to see.

JiffyBag
That would be good - Oh the irony.
Would probably rig it so the lifts broke down - force us to use the stairs.

Zoros
That is 2 questions.
I would like him to answer "in a best case scenario, when would you expect the NCM loan of US$50m to be repaid, and how do you currently anticipate financing GGP share of mine development costs, and by when would they expect to be recovered?"

Strange that ALL of the disruptors seem to have gone at once.
Weird, eh?

I think Proactive were being Pro Active - they sponsored the event the other night where the sound quality and overall presentation for GGP was fairly poor.
SD answered questions in this latest presentation in a very professional manner.
So far as the share price is concerned, it does feel like a huge battle is underway - both on the market and within this BB.
I do find it a bit confusing - and we have posters who seem to be coming from opposite sides of the field.
Havieron is the only think preventing the share price from behaving even more erratically - at least we know that there should be a floor.

Solgold seem to have almost 200 geologists at Alpala project - is that the normal size of team of geologists for a project of that size?
Reminds me of Python sketch Whicker Island - where there were so many Whickers, there was nobody left to interview.

MANAGE EXPECTATIONS: BE WILLING TO SURPRISE ON THE UPSIDE BUT NOT NOT NOT DELAY.
Scotty: Oh, you didn't tell him how long it would *really* take, did ya?
Lt. Commander Geordi La Forge: Well, of course I did.
Scotty: Oh, laddie. You've got a lot to learn if you want people to think of you as a miracle worker.

Careful silverhorse - sounds a bit Joe Bassesque.

What a truly bizarre few days - neither rhyme nor reason, and whilst conspiracy theories are a bit rich for my thinking, there is certainly something amiss.

Sounds well reasoned Lenz.
There is a lot of acreage, and 75% of the good stuff should give NCM a sufficiently handsome return, with a small margin for risk mitigation (the 25-30% that they will not own).

Hydrogen,
Was thinking along the lines that a nice chunk of shares such as that - if Pacific wanted to sell - would/could be very attractive to an investor/purchaser.

Ponderings...
What did they do with their initial 65.49m shares?
When they eventually get the additional 145.53m additional shares - if a decision to mine goes ahead - what will they do with them?
Surely the decision to mine is becoming increasingly likely, and therefore the isuuance.

"The consideration to be paid to the Vendor by the Purchaser consists of AUD$25,000 in cash and 65,490,000 fully paid ordinary shares in Greatland Gold PLC to be issued by Greatland Gold PLC.
In the event the Licence Area is the subject of a completed bankable feasibility study and the Purchaser makes a decision to mine, Greatland Gold PLC must issue, within thirty days after the date that decision to mine is made by the Purchaser, an additional 145,530,000 fully paid ordinary shares in Greatland Gold PLC to the Vendor."