Greatland's Value.....23 May 2025 14:28
Noticed Gold Road resources ( Aussie miner ) being taken over by Gold Fields ( SA miner )
They're paying about the equivalent of Greatland's current MCap for the GR assets the prize being a 50% share in the Gruyere Mine which produces about 350,000 ounces per annum. £1.8 billion for 175,000 ounces.
We have Telfer which should produce 300,000 ounces per annum PLUS Havieron coming onstream in a few years.
Bargain of the century.