Member Info for Lee1235

Man you have heard of Google or chatgpt?

Here is the info straight from my Google search.

Roman gold mining heavily relied on water, specifically using it to extract gold from ore through a technique called hydraulic mining. This involved creating reservoirs and channels to direct water onto mountainsides, washing away soil and rock to expose gold-bearing veins. The Romans also employed water power to transport debris and separate gold from other materials.

Here's a more detailed breakdown:

Hydraulic Mining:

Romans used the "hushing" method, where large amounts of water were stored in reservoirs and then rapidly released to erode the landscape.

Ruina Montium:

This technique involved digging tunnels into mountains, filling them with water, and then releasing the water to cause collapses and expose gold veins.

Water Channels:

Aqueducts and canals were built to transport water from higher elevations to the mining sites.

Complete and utter numpty. I even found info that gold mining started around 2600 BC in ancient Egypt. They had their way to handle water.

So yeah E1 is right so you should apologise to him for been such a twat.

Feck me nine. You really are a clown. Even the fecking Romans had techniques to remove water from their version of mines. So yes this has been going on for probably 1 thousand years or more. Technology changes but its been happening since jesus was apparently on the planet

I am going bed as I cry reading your posts. Ill informed 'expert' but I won't read your utter crap any more. Idiot.

Nine is wrong again. The current deepest mine in WA Oz is Gwalia Gold Mine, near Leonora. Its 1600m deep so more or less the same as the decline in have. The mineralisation starts way before 1600m in hav. So again an idiot who think he knows his stuff. Use AI manm it's there to help. Idiot

nine is just a twat. comes here talking about problems but it's clear hav dfs is december quater so stop sprouting bs trying to scare people. why is this all of a sudden a problem? was this in the presentation? no so i trust the company over some ****** here.

I am defo not selling a bean.

I checked the May presentation. The range for gold produced was 280 to 320 oz so they now made a larger scale of 260 to 310 and AISC was 2670 in the May presentation which is the middle of the range provided. It also explained its indicative as % was inferred and hadn't been checked...

Then we have clowns accusing the company of lying. I tell you, the world is full of muppets and if AI ever gets smart enough to take over I will be at their mercy as I can't handle people any more D:)

Agree Timber. I just get annoyed with idiots turning up and just acting like they are some experts, no research and then trying to cause panic. We all know these want cheaper shares. Saddens me that people are such that's really. Imagine having a life where you need to go slag off an investment? I can't get my head around that really. Man we have money in the bank and 0 debt. Screw the sp today. Investing is looking at where the price will be over a period of time.

I topped up

I will top up again once it calms down.

Nothing changed for me. A 10 per cent reduction in revenue potentially for 1 year and 10% cost increase for 1 year. Is no reason to jump off a bridge D:)

NASA1 have you read the reports? They hedged gold for protection ffs. Why do clowns turn up here without any research posting nonsense?

Also as the change from Explorer to miner just happened why are idiots acting like its not normal for new companies to struggle to make profit whilst they are investing in the future. And most companies grow through using massive amounts of debt

Not to mention there is what 585m AUD in the bank and 0 debt. With 75 mill debt facility available. And gold is still much higher than AISC for July which is 1 / 12th of the year already complete. So the amount of cash will have increased already vs the last 3 months.

Idiot

I say it again. Cash in the bank and 0 debt. If you cant understand that just give up

Freddie - of course. But day to day they dont jump off a bridge over the SP going down. Same, they dont crack open champers if it goes up.

Their focus is on the Business. So i fully expect the team will be working on the Business and delivering against that.

Plode why do you come on a board to bad mouth a share? Is your life that crap that you need to do that? Dont you have a family to spend time with instead or a job?

Probably not actually as you are a scumbag probably sat in the same clothes for the past 6 weeks eh

Honestly the drivel here.

The CEO wont be say crying over the SharePrice after a couple of days. The CEO and the BOD needs to work on improving the outlook. Thats what they should and no doubt will be doing. I sit in board meetings every single month and no the board doesn't just sit there talking for 2 hours about a shareprice or shareholders. The focus is normally on business performance / forecast vs actuals / risks / decisions/ hiring etc. The SP may or may not come up in those meetings as it not the number 1 topic of the day.

Stop crying thinking the BOD is sat doing the same. They wont be, I assure you all.

Loftmonkey57 give it a rest. The Shareholders would need to approve any takeover and if you think Wyloo etc will accept that price then you really are stupid.

Takeovers need to take into consideration revenue / profit plus future potential. I really dont see some low ball offer making it past the shareholders when actually we sent an ok set of results. I think this will be a lesson to the BOD that they need to take a little bit more risk instead of been so conservative. I see this every day in work. Actually i just submitted my forecast for the rest of the financial this financial year. I am pessimistic so usually i plan in a negative way assuming the bad things will happen, but 9/10 i end up over performing. My budget is 60 Million EUR a year so not pennies and i can cut 10% of my costs easily if i needed to but that depends if i am told i need to. If you have 1 Billion Revenue, then cutting cost is even easier. So there is also that to consider going forwards.

Hopefullygold - honestly some posters are just sharing nonsense at the moment. I checked the drill results in Chatgpt - even for FY26 it says the grade is slightly lower in gold but nothing out the ordinary for Telfer. I also shared some of the drill results and the comments give me confidence that there is much more gold to be dug up. I trust AI more than 99% of the posters here who all have bias in one way or another. Share prices go up and go down and if you dont expect that then people should stop investing.

The SP action is disappointing but some of the comments are just insane.

Quepensa what bad results? Everything was in line with expectations in the results which are based on actuals. If you mean the forecast for 26, in the range provided at worst the biggest impact is 40 Oz gold less for a year. 3.3kOz Monthly less good. Its nothing. I expect the cost is higher due to more drilling etc. I dont get why you are saying bad results. If the price of gold increases by 10% in the next 6 months which is very possible then the lower production forecast would be completely offset. I think the market are treating Greatland as a "mature' company instead of looking at the fact we have generated revenue for only 2 quarters. There is no debt, money in the bank and they are looking for more and more mining opportunities to then protect the company long term.

The focus should be the mine extensions, thats the easiest part. + sticking to the timeline for Hav with no delays.

Its a rubbish day but actually my portfolio is up 37% so far this year because of days like this. I topped up already this morning.

Napthman1 I don't get the market over reaction really. If the price drops 25% on open I will top up. Its like Christmas really. I take a step back, Telfer is the crumbs and every day we run this place the easy hav becomes to get online. Days like this are sad but also they help long term.

Mh01. Isn't this a growth company investing in growth? That's how I red the 27 guidance giving the fact they will invest in Telfer. Disappointing market reaction. I really don't think the results are bad. Maybe they could have presented it differently if the aisc is high due to investments.

Saber - the problem is most these de-rampers just come up with random statements like "the share price will be 5p by Xmas". They never give facts, news or actual reasons and its clear as day they are shorts who are stupid enough to think these boards influence a 2 billion pound company share price. Most people would welcome info or news even if its negative but peoples feelings do not matter in investments. Thats the problem with half the r4tards on this board. They have no fact, just complete and utter waffle.

Dipp I just green binned like 30 people and my life is better. Its great where people have different views or can share data and info to contradict a bullish view as thats good info for investiors but people who just come up with 'the price will be 10p' are really not worth your time mate. The good news I haven't seen a single person give factual information to show negative with greatland. Feelings or thinking means little here so if there isn't any facts to show this is a disaster then that's very positive in itself

Doozer - i imagine:

1) Russia invaded Ukraine

2) Middle East war(s)

3) China is probably preparing for invading Taiwan or preparing for economic collapse based on what I said about true debt

4) Diversify against the Dollar -doesn't mean replacing the dollar but supplementing this

5) safe haven asset when the world is as crazy as the past 5 years are

Anyone that thinks a new gold backed currency is happening is living in some alternative reality. All the same issues still apply today which caused the move to FIAT so moving back just gets us back to the same problems that lead to moving from the gold standard.

Also for most countries they are in a state with the finances but its nothing to do with Fiat going bust. All governments spend too much, someone mentioned immigration and honestly after researching this for 5 years now I fully agree that that is the number 1 killer for all economies in the west. The governments need to wise up and start listening - we wont see that in the UK with these clowns. I could fix our economy in 3 -6 months - easily. They waste so much money its quiet astonishing. Or print it and then give it away like we see most days. Its just mental that we all talk about this doom, world going to collapse but all it would take is someone who can manage a budget doing a good old cost saving plan.

And sorry forgot to add. You say debt to GDP but you do know how they hide their debt?

Basically China hides the debt in the municipalities so then the government can say we have low debt. Its a time bomb for them. the way they used to pay this was buy selling land to developers but thats done and dusted. I had a look and this number could be 3 times higher than the official debt number. Then what about the off the books stuff? Then corporate debt is 160% of GDP. I dont think for 1 second they can withstand any shock

We can agree to disagree. Russia is screwed. China will end up the same as Japan. Their way of working is mental and they have many internal issues hence whybtheybtey flood the world with their products. Everything they do is dodgy as he'll. Even ai, lying that they use cheap chips and don't steal from everyone else D;)