Member Info for LesBoy

Opinions vary, with some really intelligible posts.

After all is said, let's bear in mind that Greatland is neither a one-trick pony nor a short-term trick.

Greatland Managing Director, Shaun Day, commented:

“The June 2025 quarter result has capped a transformational 2025 financial year for Greatland, in which we acquired and successfully integrated 100% ownership of Telfer and Havieron, extended Telfer’s mine life, generated more than $600 million of operating cash flow, and successfully completed an IPO on the ASX. Greatland has emerged from the year as a leading Australian gold-copper producer."

“Looking ahead to FY2026, at Telfer we are focused on continuing safe and strong operational performance. Greatland is targeting further multi-year Telfer mine life extensions by making important reinvestments, including into the drill rig with Telfer’s largest ever drilling program.”

“At Havieron, Greatland is well placed to complete our Feasibility Study on the expanded development in the December 2025 quarter and then resume the development of the world-class gold-copper project.”

I don't understand the negativity being expressed.

In simple terms, 198,319 oz of gold produced at AISC ($/oz Au) of $1,849/oz .

Current gold price (in Australian dollars): 5,084.66.

Net value (in Australian dollars): 641,760,284

Looks good to me.

Release Date: 29/07/25 08:56:

https://hotcopper.com.au/threads/ann-june-2025-quarter-presentation.8684596/?source=email

This stock is still not expensive despite its 343pc gain.

Volex’s recently released annual results were extremely well received by investors.

Shares in the manufacturer of power cords and cable assemblies, which is a holding in our Aim portfolio, surged 17pc higher on the day of its results last month, with double-digit sales and profit growth highlighting its improving performance versus the prior year.

Revenue rose by 19pc year on year, with organic growth (which excludes the impact of acquisitions) amounting to 11.1pc. Operating profit, meanwhile, was up 18.4pc on the prior year, with the company’s operating profit margin relatively unchanged at roughly 9.8pc, as it was able to successfully raise prices in order to largely offset the effects of elevated inflation.

https://www.telegraph.co.uk/money/investing/stocks-shares/volex-stock-not-expensive-343-pc-gain/

I binned the fred the fool ages ago.

... just under half-an-hour to close.

The fool's post:

OCADO16 Jul 2025 10:19

Brace yourselves for the big big drop tomorrow. Its coming.

The company is hoping for as many as 150 more orders for the jet, with up to two-thirds of those expected to be assembled in the UK. It comes after Unite, a union representing manufacturing workers, raised concerns over the future of the assembly line at Warton.

Richard Hamilton, who leads work on the Typhoon for BAE Systems, said he was “really confident” of future orders, with Turkey, Qatar and Saudi Arabia the likely buyers.

https://www.theguardian.com/business/2025/jul/15/uk-defence-bae-systems-typhoon-jet-orders

The ministers highlighted the official launch of Edgewing, a new joint venture between BAE Systems (UK), Leonardo (Italy), and Japan Aircraft Industrial Enhancement Co. Ltd. (Japan), announced by industry on 20 June. Edgewing will serve as the industrial lead for the programme, supporting development of the sixth-generation platform expected to enter service in the mid-2030s.

The statement also confirmed the opening of a new shared headquarters in Reading, which will host both Edgewing and the GCAP International Government Organisation (GIGO).

https://ukdefencejournal.org.uk/uk-japan-italy-set-2025-contract-goal-for-new-fighter-jet/

Any thoughts on a fund raise?

Https://finance.yahoo.com/quote/GGP.AX/

ADVFN showing 15.60

To add to the fun:

Looking ahead, the primary catalyst of movement for the Pound Australian Dollar exchange rate this week will likely be the publication of both the UK’s and Australia’s latest PMI readings.

For the UK, June’s preliminary report could support the British currency should the all-important services sector report an uptick.

For the Australian Dollar, similarly to the Pound, any rise in the countries services and manufacturing sectors could underpin AUD exchange rates at the start of the week.

https://www.exchangerates.org.uk/news/43336/2025-06-22-pound-to-australian-dollar-week-ahead-forecast-gbp-soars-vs-aud-risk-off-flows.html

Thanks for the heads-up TimberTrader; much appreciated.

Https://www.ft.com/content/cfe1ccc6-5c9e-45bd-9dd3-d6d85e8514c2

Timing is everything!

17 June, 2025

Deals & Dollars

WRITTEN BY Adam Orlando

Greatland completes bookbuild for ASX listing

Greatland Resources (LSE:GGP) has received “exceptional demand” as it completes the bookbuild for listing on the Australian Securities Exchange (ASX).

The AIM-listed company has received firm commitments for the issue of 7,576 million shares in Greatland Resources at a final offer price of $6.60 (£3.16) per share to raise $50 million (£24) million.

Proceeds raised will primarily be used on general operating, corporate expenses, working capital and costs of the offer.

BofA Securities, Barrenjoey, and Canaccord are acting as joint lead managers in respect of the ASX listing and Australian offering. Sternship Advisers and Argonaut Securities are acting as co-Managers.

In addition, a special purpose vehicle incorporated to enable the sale of up to 66.730 million Greatland Resources shares by Newmont NOL, a subsidiary of Newmont Corporation, has received firm commitments for the sale of its entire shareholding, resulting in total gross proceeds for Newmont of $440.4 million.

The Australian offering is conditional, among other things, on the UK scheme being sanctioned by the UK Court and becoming effective. The Greatland shares, when issued, will rank pari passu with the existing shares.

Greatland has applied to be admitted to the official list of the ASX and is expected to be quoted on the exchange and begin trading on a normal settlement basis at 1pm (Sydney time) / 4am (London time) on 24 June 2025.

In addition, an application will be made to the London Stock Exchange for the Greatland Resources shares, including those to be issued in the Australian primary offer, to be admitted to trading on AIM.

Admission of those shares to trading on AIM is expected to take effect on 23 June 2025.

Write to Adam Orlando at Mining.com.au

Shares will be issued at a price of 316 pence per share, equating to 15.8 pence a share... after consolidation.

... exclusively powered by the Rolls-Royce Trent XWB-97 engine.

https://www.airbus.com/en/newsroom/press-release/2025-06-riyadh-air-places-firm-order-for-25-airbus-a350-1000-aircraft

This is what makes me believe that the price of the 'new shares' will be 15.80 on opening:

Greatland Gold PLC - operates Telfer and Havieron gold-copper mines in Paterson Province of Western Australia - Greatland Resources Ltd raises AUD490 million, about GBP235 million, from its offer of new and existing shares on the Australian Stock Exchange. Raises AUD50 million for the company from the sale of 7.6 million new shares and AUD440.4 million for a subsidiary of Newmont Corp from the sale of 66.7 million existing shares, both at AUD6.60 per share, about GBP3.16. At that price, which reflects a 20-into-1 share consolidation, the company has a market capitalisation of AUD4.4 billion.

Greatland Resources will replace Greatland Gold as the parent company of the group and be listed on both ASX in Sydney and AIM in London. Greatland Gold shares will be cancelled from trading on AIM on Monday next week and replaced that day by Greatland Resources, which will begin trading on ASX on Tuesday.

By Tom Waite, Alliance News editor - Mon, 16th Jun 2025 12:52