Member Info for Howard2020

FDR raised £2,300,000 in July 2025 in IPO financing and secured its Admission to AIM. IPO proceeds will be used to fund its operations.

Seeing as Global Petroleum Limited (LSE AIM: GBP) now named GEO Exploration look to have about £1.5 million (that was from their placement back in January 2025 - does not account for any working capital in the last 8 months) and are drilling 4 diamond drill holes to depths of 750m and 1000m, would suggest FDR have room for an additional drill or two if results are positive. Especially as we have the same drilling contractor. That is before any warrant income.

Greatland already are 'Northern Star mark 2', as Shaun has repeately stated Greatland have a stronger launch asset than Northern Star had.

In terms of the GDX they are a passive fund, that 'attempts to approximate the investment performance of the Gold Miners Index'. The requirements for being included in the Gold Miners Index are:

1. Companies must derive at least 50% of their revenue from gold or silver mining (exploration, development, or production).

2. A minimum market cap, typically $750 million USD or more, is required to ensure company size and stability.

3. Minimum average daily trading volume (e.g., 50,000 shares).

4. Minimum average daily trading value (e.g., $1 million USD).

5. Ensures the stock is liquid and tradable.

6. Companies must be listed on a recognized and eligible global exchange, such as the NYSE, NASDAQ, TSX, ASX etc.

7. Companies must be primarily involved in gold or silver mining, not just owning royalties or holding exploration assets without clear operational activity.

The only criteria I do not believe we hit right now is 'recognized and eligible global exchange'. Which will change once we list on the ASX.

Charles Archer is clearly suggesting that GDXJ (US) is holding back from taking a full position in Greatland Gold due to its sole listing on the AIM market.

As things stand, the GDXJ London ETF (GDXJ LN) has allocated 1.29% of its portfolio to Greatland, which likely reflects its fair weighting based on market cap and sector position.

In contrast, GDXJ US holds only 0.55%, likely because Greatland is still only listed on AIM, a market that many institutional funds view as: lightly regulated, illiquid and risky for large allocations.

Archer and others rightly suggest that once Greatland lists on the ASX on June 23, this constraint disappears. The ASX is a reputable, liquid market—especially for mining stocks—and this opens the door for the GDXJ US to increase its weighting to align with GDXJ London (1.29% or more), requiring millions of dollars in new share purchases.

The larger GDX ETF (which tracks more established producers) to also but in once listed on the ASX. Australian institutional investors and funds (which often cannot buy AIM-only stocks) to begin building positions.

In essence, the ASX listing is transformational for Greatland not just because of retail attention, but because it unlocks systematic demand from global ETFs and institutions.

Interesting reaction over the past week in the market, clearly Greatland has underperformed both global gold giants and the broader tech-heavy U.S. market. Gold has fallen 2.8% in the past week. This drop for Greatland will be short lived ahead of reporting what should be huge Q1 figures.

Change between 2nd and 9th April 2025

Greatland Gold plc (GGP) - down 17%

Big 7 American Companies:

1. Apple Inc. (AAPL) - down 22.1%

2. Microsoft Corporation (MSFT) - down 6.2%

3. Amazon.com Inc. (AMZN) - down 9.1%

4. Alphabet Inc. (GOOGL) - down 6.4%

5. Meta Platforms Inc. (META) - down 11.1%

6. Tesla Inc. (TSLA) - down 12.8%

7. NVIDIA Corp. (NVDA) - down 10.2%

Top 5 Gold Mining Companies in the World:

1. Newmont Corporation (NEM) - down 7.6%

2. Barrick Gold Corp. (GOLD) - down 11.1%

3. Agnico Eagle Mines Ltd. (AEM) - down 7.8%

4. Gold Fields Ltd. (GFI) - down 12%

5. AngloGold Ashanti Plc. (AU) - down 11.3%

Top 10 ASX-Listed Gold Mining Companies:

1. Northern Star Resources (NST) - up 7.2%

2. Evolution Mining (EVN) - down 6.4%

3. Perseus Mining Limited (PRU) - down 13.5%

4. De Grey Mining Limited (DEG) - up 9.8%

5. Emerald Resources (EMR) - down 13%

6. Capricorn Metals Ltd (CMM) - up 6.3%

7. Genesis Minerals Limited (GMD) - down 1.4%

8. Westgold Resources (WGX) - down 4.6%

9. Ramelius Resources Limited (RMS) - down 6.4%

10. Regis Resources (RRL) - up 5.9%

Only thing pathetic are your continued hourly comments - you are still yet to offer any actual opinion on Hex, a company you claim to be invested in. What exactly are your concerns?

To quote Ofsted, Bagzzz718 requires improvement.

As a debt free company Greatland has no need to raise any cash through a placement and Shaun seems very up-front that Greatland ' from a company point of view we would quite like to just do a compliance listing, we don't want further dilution, we just want to get the benefits of the ASX listing and their is blatant demand here that will buy shares and adds a whole new demand to our share register'.

If you want a discussion on the interivew, lets talk about the much more interesting comparison with Hemi. As Shaun says, Haverion and Hemi 'are the two premier assets in Australia for Gold and one is subject to a $5 billion dollar bid, plus the cost to build it. Whilst we are trading at £2 billion dollars and are half built and we have existing infrastruture...Some might prefer Hemi , some might prefer Telfer/Haverion but they are very similar and suggests the potential to re-rate when we come to Australia'.

Just to clarify for those who may not listen to the 53 minute interview, if you can I would suggest anyone does as it shows what a great invesment this will be over the coming months.

Shaun Day stated that the 'ASX might require Greatland to demonstrate market interest, I think that could be up to £50 million Aussie Dollars. But hopefully they don't. Hopefully they say you are a multi-billion dollar company with a high profile asset, we are confident that this satisfies the market interest test'.

Worse case there is a raise of £25million which will create some liquidity of the bat on the ASX, which as of today is 2.27% of Greatland market cap. Anyone who thinks that would have any meaningful impact when at the same time we are open to a new market that is much more favorable to mining companies should go and invest in GBP and trust their CEO, who will 100% be issuing another placing in the coming weeks.

The dude's message history across numerous companies is just repeating made-up claims to support his short position. Poor guy.

They have actually increased from their last notification on 15th Oct 24 - 9,813,812. As of 11th Feb 25 - 10,306,385

You do realise that Anglo American issue the 'Publication of Offering Circular' on a regular basis. In fact they issued the same RNS on 07/09/20 and 10/03/20.

E.g. Offering Circular dated 10 March 2020 (the "Offering Circular") relating to the U.S.$15,000,000,000 Euro Medium Term Note Programme by Anglo American plc1 and Anglo American Capital plc2.

Sojourner - Isn't that article from 2012...

7.5Moz x £1400 is actually £10.5bn.