Jackpot Havieron15 May 2022 21:24
I was thinking about this, mainly triggered by the backdrop of last week's frustrating-to-watch share price. I think most long term holders, commentators, GGP & Newcrest alike agree that Havieron is a staggering find. But my question is, is Havieron what the real jackpot is for Greatland? One of the things that many or at least a good few didn't expect was our push to become producers - holding on to as much of the asset as possible rather than selling off and starting all over again. So is the *real* jackpot actually two things - the transition from exporer to producer, but then coupled with this amazing asset that has allowed GGP to attempt this? The low SP to me is due to being in the no-man's-land of developer phase - especially being the minor partner. We've had both the advantages of being tied to a great major in the JV ( rapid exploration & development ) but also the disadvanges ( not having complete control ). But regardless of the current share price, if Greatland can comfortably finance themselves through this phase and come out the other side with the words 'producer' in the company description, then I think we're going to finally start hearing that jackpot paying out.