Member Info for kempey

MM's collecting shares. Should rise after the drop given it hit £8 this morning.

Russia selling gold i hear!

Hope the eyesights OK! At 70 I'd take the lower figure. If the DVLA get their way you won't be driving at all let alone a Porche.

As predicted by the chartistists 14p seems to be quite a resistant point. Does anyone know what the next resistance point after 14p is?

Excellent news !! Early rise will probably be followed by MM's chasing stop losses.

In the life of a mining company Greatland is a young company. The Telfer deal was an excellent opportunity to aquire the tailings,of a mine near the end of its life and the mill. Without this the company have Haverion which has moved from an exploration find to mine development phase and some tenements with potential but as yet with limited exploration. The company has put together an excellent management team and with dual listing and the expected rise in the POG has all the hall marks of an excellent investment. I, fortunately, invested at the outset having researched the mining history of the area and read thoroughly the company presentations and the many exploratory drilling results. On completion of the mine I think there is the potential of 5 to 10 years of gold and copper production. I would expect dividends in due course together with share buy back and a

Valuable rise in my investment. Given that the Haveiron mine is still in construction in my opinion it is still a fledgling company, albeit with great potential over time. As an investment I already have a significant return but will not be selling for some time yet. The rise in the POG will continue for some time I believe due to political insecurity and other monetary factors.

Happy to be told I know nothing given the number of shares I hold here at an average of 1.6p. I'm definitely not negative as you can see from my ' strong buy' recommendation.

What slows this rise down? Can only think of good news to come"

True but it's a fledgling company and already has a MK Cap of $1.22b plus some are trading the rise.

"What slows this rise down? Can only think of good news to come"

True but it's a fledgling company and has

The uncertainty being created by Trumps shenanigans will only strengthen the value of gold even if the dollar rises in value.

Do your calculations take into account that they now own 100% and not 30% of the asset.

I wasn't aware there was another Tier 1 find in the Pilbara. I wonder if they will process the ore at Telfer depending upon where in the Pilbara this Tier 1 find is. Will need to do some research on this as it's the first I've heard of it.

Having received credit approved term sheets from a syndicate of domestic and international commercial banks, De Grey said Australian Government credit agencies, the Northern Australia Infrastructure Facility and Export Finance Australia, were close to confirming their funding participation.

De Grey is expected to receive a $1 billion senior debt facility and $130 million cost overrun facility across the financing streams.

This will help fund the construction of the Tier 1 Hemi gold project in the Pilbara region of WA, which De Grey hopes to commence in the second half of 2024, with a two-year construction period to follow.

De Grey then hopes to achieve first gold production in the second half of 2026.

It comes after the company closed a $600 million capital raise in May, which was said to unlock further financing discussions.

Apologies if this is old news but noticed this on X . Has there been any discussions on where the ore will be processed. Shows significant funding is available.

According to the Stock Exchange data all the Greatland trades so far today have been 'off-book'. Not sure why this should be! Is the electronic trading system down?

I'm sure its been cleared with Newmont. They would have been aware at TO of Greatlands commitment to update the resource estimate to its shareholders. Most likely the next one will be a joint statement. Haveiron is just one small part of Newmonts jigsaw but a very big part of Greatlands. I still think a buyout of Haveiron is on the cards for Newmont. Especially as its open at depth.

Looking more likely that Newmont will buyout GGP. Excellent update on resource and more to come.

There always is on a round number. Lots of stop losses set at 11.00p as there will be at 11.5 and 12p and so on. Will not stop the rise long term.

Lots of small sells going through. The 5% sellers will dry up soon and the next move upwards will begin towards 11.5p. The sells are being taken without a major effect on the price so someone is building a stake. Possible large buy at COP.

Yes, all neatly round amounts. Smacks of shorters closing. They've made their %.

Apart from 2 or 3 sells most are for small amounts. Wouldn't surprise me to see a big buy at COP now the MM's have accumulated enough shares.