Member Info for JiffyBag

Just to add, could never understand what they were on about when I was young nipper.

I do now.😀

What was it my Mum & Dad used to say to me.?........Don't discuss Religion or Politics etc...let's just stick to GST if you please. 😎

Hi Reaction,

Yes Google chart on placing cursor as you suggest is showing a volume of 45K for today.

https://www.google.com/finance/quote/GGP:LON

That IMHO is simply wrong , unless of course we see such trades being included in the next days volume for the previous day, ie 21st days trades also include date marked 20th day trades etc.

If so they would also be shown in the London Stock Exchange download at the end of tomorrow as I have seen the same pattern many times before.

Wonder indeed:O), I can't find anything about a 19m nor 22m trade for today.

Perhaps you will kindly post a link?

Certainly no such volume posted on the London Stock Exchange download.

'This Bill brings activities facilitating the use of certain stablecoins, where used as a means of

payment, into the UK regulatory perimeter primarily by amending the existing electronic-

money and payment system regulatory frameworks. Through this approach, the government

has sought to reflect the Financial Stability Board’s recommendations on the regulation,

supervision and oversight of global stablecoin arrangements, and the CPMI-IOSCO

consultation report on the application of the Principles for Financial Market Infrastructures to

stablecoin arrangements, and will leave room to update the regulatory framework as

international standards are developed'

https://bills.parliament.uk/publications/49064/documents/2626

RN,

Re: 'They're interlinked but not dependent i.e. the FCA approval is standalone to the Bill and could come before the Bill is approved. '

The whole purpose of the Bill is to legitimise the use of stablecoin in the UK for making payments via the blockchain etc, so they are dependant on one another as far as the UK market is concerned.

5 or more reports for disruption will see him gone 😎

4. All Hypothetical of course, so the rest would have to be funded by a bank loan in order to potentially purchase 70% share of Havieron, Telfer, and construct the mine etc whatever that cost might be?

Slight correction: Obviously the Options & Warrants have yet to be issued, but you get the Gist of it.

Doublehun,

Has anyone on here to your knowledge done a basic calc of further potential dilution re the ASX listing?

Here are my thoughts:

Total potential for dilution and impact on total shares in issue.

1. Resolution 6 , AUTHORITY TO ALLOT SHARES GENERALLY

THAT in substitution for all existing authorities under the following section to the extent

unutilized, the directors of the Company (“Directors”) be and are hereby generally and

unconditionally authorised pursuant to section 551 of the Companies Act 2006

(“Companies Act”) to allot relevant securities (within the meaning of section 560) up to

an aggregate nominal amount of £1,650,800 etc.

https://greatlandgold.com/wp-content/uploads/2022/11/Greatland-Gold-Notice-of-meeting-20221206.pdf

This resolution was subsequently passed in the 2022 AGM to issue a nominal value of £1,650,800, and as I understand it this equates to issuing a further 1,650,800,000 shares since the nominal value per share is 0.1p per share.

2. So, if such a capital raise was undertaken in conjunction with the ASX listing for example at the current SP less discount, say 10% discount this would then equate to a placing SP of 6.45p X 0.90 = 5.805p

3. In this hypothetical example , GGP would then raise 1,650,800,000 X 0.05805 = £95.80m

4. All Hypothetical of course, so the rest would have to be funded by a bank loan in order to potentially purchase Havieron, Telfer, and construct the mine etc whatever that cost might be?

5. Current issued shares excluding options & warrants stand at 5,068,626,282 shares. https://www.lse.co.uk/rns/GGP/total-voting-rights-t2k1udlyszebo0t.html

6. Add options and warrants:

https://greatlandgold.com/investors/share-information/

7. Grand Total by my simple reckoning would be circa 6.86Bn shares in issue prior to any consolidation.?

Billy,

I found Splats retorts, under the sheets, primary school teacher, etc equally funny.😂

😹🎓😹🎓😹🎓😹🎓

Hi Moomins,

Just posted same as you in effect, you watching Parliament TV? 😁

FS&M Bill just been passed in HOL, now goes back to HOC for a third reading presumably to focus on adjustments made to bill by HOL.

IMHO I would expect it to go through without any further changes.

Bottom line, it's all about KYC and protecting consumers etc.

Hopefully it all comes together as envisaged.

Yes I agree, GST are 'First Movers' re Stablecoin in the |UK of which their business model is based upon, and it is backed up by real hard Fiat curency, and that is what the UK govt /FCA will on the face of it fully support when digesting the thrust of the FSAM bill etc.

For me personally I am putting my faith in this reaching fruition, simply because we have employed the services of an expert in Pinsent Masons.

Just to add, after all it is a RIO not GGP tenure after all etc!

Thing is Bamps, and this has raised a valid question IMHO in my head re RIO JV et al.

Why have RIO offered such favourable terms re 'Stage 1 Farm-In:

Greatland is entitled to earn a 51% joint venture interest in the Paterson South Project by incurring at least A$7.1 million of exploration expenditure and completing 7,500 metres of drilling within four years' ? ( Not that I am complaining)

RIO is far more capitalised/cash rich than GGP etc?

Is this offer too good to be true?

Firefox,DuckDuckGo & Ghostery works for me.

Always include a link