Member Info for lebugue-addick

SAS - 11.18 well said. Glad it has all come good for you.

FID is normally signed off at Board level because of the strategic importance and capital commitments - we don't yet know when that will be. Hopefully not too long.

WA Day in Perth Monday so may have to wait a bit

Manafon - that could be the understatement of the year. Anyone that has met him or been to one of his excellent meetings don't need to be told this.

As sureasblazes said to me the other day: "he is a one off".

Keep doing what you do best Bamps and ignore the noise from the mindless few who have no clue.

SG: Revival of our fortunes; clear water between us and the chasing pack; credence indeed.

All adds up to Credence Clearwater Revival

WARNING TO ALL POSTERS: JB IS BACK

This what he said on 14 November 2025 when the share price was 368p (subsequent high 760p):

"Morning E1,

I'll make you a bet.

SP will be lower after the DFS (and accompanying news). If not i will never post a message here again, if so i most likely will post not much either, but a few readers will remember this post.

SD is the puppet of Wyloo and executes their plans tremendously. PI's are being screwed over, because we do not have all the info and cannot participate in funding rounds. Matters are made worse by Wyloo fanboys like yourself.

Cheers,

JB"

Weak US dollar against aussie dollar.

1.6 a year ago, now 1.42

Mineral Resource domains were created within a NW-SE fault-bounded block whose dimensions are approximately 200m (strike length) x 100m (width) to a maximum depth of 100m.

IF mineralisation exists across the targeted area then a rough estimate of the potential number of ounces across the system is possible. We need a figure for specific gravity of the rocks of course to be able to do this.

Geological Setting: The Anzá project, which includes Pepas, generally involves mineralized, altered rocks (such as porphyry or volcanic rocks) that typically have specific gravity values ranging from 2.6 to 2.9.

So assuming SG is 2.8 and the average grade is say 3 g/t (not 5.46g/t as that is used for Indicated resource) then the calculation should look something like this:

(200 x 100 x 100 x 2.8 x 3g/t)/ 31.1 = 540,000 oz

Clearly if the average grade turns out to be higher then we are looking at some 180,000 oz for each g/t found.

Would be interested to hear if anyone else has had a go at determining the overall resource at Pepas.

Cheers l-a

Has anyone used the full dimensions to calculate a maximum possible ounces at Pepas?

Tomorrow Today doesn't post much as he has nothing to say - empty vessels make the most noise.

If he was really interested about staying ahead of the curve and wow everyone with his knowledge he could always come to a presentation. There were loads last year.

The Malvern meeting next week will be very well attended - 56 people already signed up which I think is the capacity for a small venue. All eager to learn and enjoy the company of like-minded investors. And the social side is equally important - a celebration of sticking with this great company, and what a tremendous ride it's been.

PAF has PE ratio of 29.2 according to LSE. Can't wait for Greatland to be afforded that rating.

OMI's market cap is only £91m so how can this be £100m overvalued?

Shaun worked about 20 metres away in Subiaco with Northern Star, right next door to Greatland. Everyone knows everyone else in the Perth mining world.

When looking at the quarterly production figures, which were by the way excellent, don't forget to look at the sales figures.

I have gone back through the 5 RNS's since we acquired Telfer on 4 December 2024 and cumulative production comes to 365,482 oz and cumulative sales were 334,981 oz. So by my reckoning there are 30,501 oz remaining unsold at 31 December - with a current value of A$201 million.

A truly staggering company!

The other piece of guidance that we are waiting for concerns Shaun's previous statement that "production will be slightly weighted towards H1".

With 167,000 oz in the bag for H1 it would be reasonable to assume some 150,000 -155,000 oz for H2. A positive update on 28 January would be very welcome.

Napthman - for a person with 15,201 posts and regularly in the top recommended posters I would have thought you would have a little humility. Personally, I would rather see just 10 posts from Bamps rather than read the tiny contribution you make. You come across as an attention seeker, someone who spends far too much time on bulletin boards. Your time would be better used doing some actual research.

I think Argonaut's PE projection for FY26 is more credible at 11.4

We will see in August when the annual results for FY26 come out. It will not be earnings of 142 cents per share i would think.

Element1 - according to the actual Greatland RNS of 28 August, the annual results release, earnings per share were 63 cents. That was arrived at using average weighted shares in issue of 530 million. For FY26 there will be 672 million shares in issue, a rise of 22%. This will have an important impact on this year's calculations.

If we get to earnings of 100 cents a share for FY26 I will be delighted, as this will be a 50%+ increase on last year.

Hi Bamps - good to see you pop in here briefly to take Element to task.

Personally, I would be very wary of following Element too literally. He has very good intentions but is prone to over-ramp.

This is what he posted on Christmas Eve (extract):

"And YET it's still on a P/E ratio of 7.5x (ie 300% upside in revaluation to ASX Peers P/E range 15-25 ).

Let that sink in ....

And remember. "Tier1 deposits tend to give you 'nice' surprises!"

GGP... : Literally #Tesla of AIM 🌪️

⚒️🤣💪😳🍻💥🤟🔥🎶🥳🚀🤯😁⚒️

Happy Christmas! 🎄🍾"

If Greatland were on a prospective PE of 7.5 for the year they would need earnings per share of 142 cents based on the 24th December share price.

That is a bit of a stretch as far as I am concerned and I have shared my own calculations on Bamps' WhatsApp group.

We all need to be a bit careful not to rely on any one or two individuals for your daily analysis. It's far better to do your own research rather than try to blame an individual poster.

Happy New Year Greatlanders!