Member Info for kempey

“I wouldn’t touch Scallywag with a barge pole. It’s already knocked the wind out of our sails once….”
You don't walk away after one duster!
Didn't NM or NC (can't remember which) walk away from Haverion after not drilling deep enough? It took Greatland to drill deeper to come up with the find of the decade in Western Aussie. if not world wide.

The infrastructure is already there in Telfer and as Magic says we already have the working model of the direction we need to drill in to find the possible intrusive centre.

Magic, where would you mill the ore at EG. Greatland could not afford to build a mill unless its a massive find as CAPEX would be too great. Surely its best to stay within striking distance of Telfer until revenue is really coming in, in perhaps 18-24 months time.

Could be Russians selling before sanctions hit them. They need to turn their investments into $ or £ or Euro's before the next round of sanctions and freezing of assets. Most likely manipulation by Institutional investors shaking out the PI's or shorting the share. If the latter its not working...at the moment. Seems strange that sells are greater than buys yet the SP goes up. As we all know the Buy/sell data needs to be ignored as it usually inaccurate.

RoJo ... Chinese will most likely buy the BP share for a 'song'

The bigger the deposit is found to be the more they will have to pay for Greatlands share. Having said that the bigger the deposit is found to be the more money NC will realise from it so maybe they are happy to wait and see before buying out Greatlands share which I think will be the end result. Either way NC will do very well from this deposit. What we want now is a similar find on a Greatland asset.

Freddie, SXX were going it alone on a massively expensive project. No chance it was ever going to succeed without big money and the Board new that, not that they had any choice in the matter. Bit like Greatland going it alone on Hav and realising once they'd started that it would take a shed load more finance than they could ever raise and thus get taken out at a pittance That's why I sold out once I was in reasonable profit. Greatland has the financial backing and the technical knowledge of a major player from the start. SXX should have brought a viable partner in from the start and brokered the deal GGP has with NCM.

There is so much to look forward to news wise that will be a plus, plus, plus to the share price. Why the sudden distrust in NCM as a partner. They will look for the best deal for them and we will look for the best deal for GGP. (Neither will intend to 'shaft' each other as someone put it!) Somewhere we will meet the middle as usually happens and if not it goes to an independent body to come up with a figure. I think there will be a clause after the initial figure used to calculate the price which states that for each further 250,000 m oz a further payment of X will be made to GGP so that it covers a mine open in all directions and as such currently unquantifiable.

If it does I will re-mortgage the house!! Easy profit over 5 years using the banks money!

For LTI's this is an excellent investment and a sound update from Shaun but not for the 'get rich quick' day traders. Shaun continues to describe this as a first class asset, globally unique with outstanding drilling results and as yet undefined in size. Music to my ears!

Perhaps if we called it franking people wouldn't get so wound up about it! Apparently we have many, many years of gas under Lancashire in particular and yet we import at great cost. I understand the climate change issue but we are still using gas and will do for many years, just not ours. To me it doesn't make sense when some in the UK can't afford to heat their homes.

So Lithuanian and Russian fishermen in Cornwall know what's going on in the minds of Putin, his military strategists and his military leaders. 14,000 dead in Eastern Ukraine in the last few years, Russian agents poisoning former Russian citizens in the UK and doing the same to opposition leaders and journalists who call for change. I think we would be wise to treat Putin as an enemy of western democracy and dangerous to all we stand for. Having said that I fully understand Putin's concerns about NATO moving closer to his borders but its not just NATO he's concerned about its democracy which would see the end of his dictatorship and he probably would see the rest of his days out in prison where he's sent plenty who threaten his position. He has to stay in power to survive. Belarus will become a democracy sometime in the future and Finland given the chance would join NATO. Having spent time in Finland I know how much they loath the Russians.

Hopefully Putin will see sense and withdraw not just troops but the rediculous amount of hardware he has shipped to the border.

Agreed...Prim should at least double their money and most likely treble it. Rambler are a good investment given what they've got, where they are in the production process and the increasing POG and Copper.

Everyone has their price! This will be bought out and sooner rather than later! Later will mean NC paying a much higher price.

City..I agree with your view which as you say is very balanced. I also think Jam asks a good question in that $22m was raised in November so what has happened to that. Ramblers cash burn can't be that great. It's a question that needs answering. I still think this is a good investment and those getting in today should easily double their money this year if not in the next 6 months. The market seems happy to lend the money.

To turn a mining business around takes a lot of money. The operational update is encouraging and even though they have had a number of raises the share price has always increased from the placing price. For short termers it's an easy opportunity to make money but for long termers it's a good investment from here IMO. I will be buying more!

mumbo....there would have to be an ongoing arrangement should the asset be valued at today's inferred amount, as you suggest, so that further payments are made on each 1 mill Oz au found etc. Shaun is not stupid, he knows that it's impossible to state what 5% of an asset is worth when it is effectively open in all directions and impossible at this stage to quantify.

Don't Greatland have 2 places on the NC Board. Surely they would know if NC were buying shares on the open market.

"Shaun Day, Chief Executive Officer of GreatlandGold plc, commented:”The latest set of drilling results at Havieron continue to astound with the most significant intercept reported to date outside the South East Crescent zone observed at the Eastern Breccia."
'Astound' Is a very strong description of Shaun's reaction to the results. At some point this is going to re-rate dramatically. We must now be looking at at least 20 moz Au.

On the main LSE board it's 15 minute delayed but if you put in LSE GGP a graph and up-to-date date price comes up looking at the time on screen and at top of my PC. I use that as a live check and it correlates to my trading account time.

Unless the share was being played, yesterday showed how fast it can move. With some positive news we should see a meteoric rise.