Member Info for lebugue-addick

Market cap 2018 A$4.16bn.

Sounds like a multi bn company from where I am standing.

Ham - there have been quite a few iterations over the last 3 years or so. But based on the drill results and the shape of the ore body and the dimensions put out in the RNS's it could be around 1.2 billions tons of ore - average grade somewhere between 0.5-1 g/t.

Yet another great update!

Thanks Liam. It's always reassuring to hear from the top man - full steam ahead now to the top of the ore body.

LSE Admin - remind me, what is the penalty for on line harassment these days? Just asking, as one person must be very close to crossing the line, if not already there.

Midas - unlikely as there are no new drill results to report this time. Greatland brought everything up to date in the their RNS 7 weeks ago. There could be some Juri JV results now that Newcrest have taken back management. But the most interesting news tonight is likely to be the rate of decline.

Dobbs @ 13.02 Reported. Insider info - illegal to post

Gold futures for August 2023 contract currently $1,983/oz

IOT - no need to gate crash; everyone knows your boring views. Every post a negative. And your reason for being here is what exactly?

Updated list:

1. ASX listing

2. Feasibility study

3. Decision to mine

4. Updated MRE 11 August

5. More Reserves - these can be taken onto the balance sheet

6. Low AISC

7. Valuation of gold - Newcrest updated MRE 17 August 2022 used an economic assumption $1,300/oz for gold. It's now 50% higher but this is never mentioned by detractors.

8. First gold - Earning cash next year

9. Free cash flow 2025

10. If Newmont divest Telfer and 70% Haverion, and GGP buy them.

11. MRE of 2.9Moz @ 3.0g/t AuEq high-grade Reserve could lift to 9Moz according to Sprott on infill and roots - a little bit down track but within reach.

12. Again according to Sprott's April report, Reserve increases could support elevated 6-9Mtpa for long-life Tier 1 asset.

13. And again from Sprott: Potential 6Moz caveable material adds optionality above this - a little further down stream but nevertheless a massive catalyst.

14. Use of Telfer mill for Havieron (and further downstream the Rio JV ore from Patterson South)

15. The existing Greatland team and support partners should not be under-estimated. That's probably how they got the Rio JV off the ground.

16. Drilling at EG 2024.

17. JV strikes - Juri and/or Rio

18. Scallywag strikes

19. Fully funded through to production - a reiteration

20. Jurisdiction - Australia is the best jurisdiction in the world right now to find more mineralisation - what has GGP got up its sleeve?

21. M&A activity - a value enhancing acquisition?

Keep adding to the list; just a few for starters.

This Sustainability Report, published on 30 June 2023, primarily covers the financial year ended 30 June 2022 (FY22).

Just for you Toffers (see number 20) - love your enthusiasm!

Updated list:

1. ASX listing

2. Feasibility study

3. Decision to mine

4. Updated MRE 11 August

5. More Reserves - these can be taken onto the balance sheet

6. Low AISC

7. Valuation of gold - Newcrest updated MRE 17 August 2022 used an economic assumption $1,300/oz for gold. It's now 50% higher but this is never mentioned by detractors.

8. First gold - Earning cash next year

9. Free cash flow 2025

10. If Newmont divest Telfer and 70% Haverion, and GGP buy them.

11. MRE of 2.9Moz @ 3.0g/t AuEq high-grade Reserve could lift to 9Moz according to Sprott on infill and roots - a little bit down track but within reach.

12. Again according to Sprott's April report, Reserve increases could support elevated 6-9Mtpa for long-life Tier 1 asset.

13. And again from Sprott: Potential 6Moz caveable material adds optionality above this - a little further down stream but nevertheless a massive catalyst.

14. Use of Telfer mill for Havieron (and further downstream the Rio JV ore from Patterson South)

15. The existing Greatland team and support partners should not be under-estimated. That's probably how they got the Rio JV off the ground.

16. Drilling at EG 2024.

17. JV strikes - Juri and/or Rio

18. Scallywag strikes

19. Fully funded through to production - a reiteration

20. PIs buying - even small amounts!

Keep adding to the list; just a few for starters.

....and less cover than at Havieron. Only 250m from surface.

Sandgrounded - instead of back seat driving you may care instead to put your faith in the BoD who will know more about the best way to achieve returns to shareholders.

I suspect any capital raise, if it comes, will have more in common with accretive M&A activity or funding value enhancing options associated with the feasibility study.

GGP have said they are fully funded for the 3mtpa FS option but maybe, just maybe, Newcrest have 4,5 or 6 mtpa options under consideration.

Either way I am happy to leave it to the Board to decide how best to manage the growth.

Updated list:

1. ASX listing

2. Feasibility study

3. Decision to mine

4. Updated MRE 11 August

5. More Reserves - these can be taken onto the balance sheet

6. Low AISC

7. Valuation of gold - Newcrest updated MRE 17 August 2022 used an economic assumption $1,300/oz for gold. It's now 50% higher but this is never mentioned by detractors.

8. First gold - Earning cash next year

9. Free cash flow 2025

10. If Newmont divest Telfer and 70% Haverion, and GGP buy them.

11. MRE of 2.9Moz @ 3.0g/t AuEq high-grade Reserve could lift to 9Moz according to Sprott on infill and roots - a little bit down track but within reach.

12. Again according to Sprott's April report, Reserve increases could support elevated 6-9Mtpa for long-life Tier 1 asset.

13. And again from Sprott: Potential 6Moz caveable material adds optionality above this - a little further down stream but nevertheless a massive catalyst.

14. Use of Telfer mill for Havieron (and further downstream the Rio JV ore from Patterson South)

15. The existing Greatland team and support partners should not be under-estimated. That's probably how they got the Rio JV off the ground.

16. Drilling at EG 2024.

17. JV strikes - Juri and/or Rio

18. Scallywag strikes

Keep adding to the list; just a few for starters.

Hi TT - given that Newcrest will be preparing the FS then the likelihood is that the financial assumptions they made for PFS will be the ones we will see - Newcrest was $743/oz and GGP $643/oz. Since then there have big increases in utility costs in Aus.

It will be interesting to see what these "enhanced value" options are and whether they have any effect.

I was not suggesting Shaun is withholding FS dates - the situation has become very flexible as a result of the Newcrest/Newmont takeover. There is of course a Sunset date of 31 March 2024 which Shaun has mentioned a few times.

YNWA - what are your expectations for timing of delivery of FS? Shaun has more or less ruled out August because of the ongoing takeover of Newcrest by Newmont which may not be finalised until December. Shareholders are voting in September/October according to Newcrest.

It is confusing as the Scheme Implementation Deed, agreed between Newcrest and Newmont, specifically requires business to continue as normal. Newcrest may indeed be "distracted", as Shaun calls it, at the moment. I had hoped Bottle Rocket would ask my question on FS timings and potential GGP involvement to Shaun. I don't recall hearing it.

Greatland are cross listing ...

16.39 Oh dear FUDIOT is back like a bad smell. Never any discussion about the asset.

So many SP catalysts and all ignored.