Member Info for MF11

https://www.ggpchat.co.uk/viewtopic.php?t=619

https://www.ggpchat.co.uk/viewtopic.php?t=618

I have just been made privy to email correspondence with Tom Dixon (Head of Investor Relations at Newcrest) stating that they will only be updating their resources on an annual basis moving forward (i.e. as at 30th June each year).

So we should not expect a resource update from Newcrest in Feb 2023.

The conspi******s amongst us would raise the question as to why break a multi year cycle of producing Half Year resource updates (going back to at least 2016) just before the FS for Havieron is released. Not a good sign in my eyes. Something to raise with SD at the Town Hall I guess.

Courtesy of Michael on Telegram

Greatland Gold (AIM:GGP) has been listed as a New “Buy” Recommendation in the December 2022 edition of
@growthcompany
Investor.

https://mobile.twitter.com/GracechurchPR/status/1597210913672761354

Antipa up are up for the CDF Discovery of the Year, which is presented at this event. As we won that in 2021 we should get further coverage in relation to that award. So that should also be promising.

better twice that not a all.

https://audioboom.com/posts/8197813-midweek-takeaway-copper-gold-special-featuring-colin-bird-leon-coetzer-and-shaun-day-ggp-jlp

Midweek Takeaway Copper Gold Special featuring Colin Bird, Leon Coetzer and Shaun Day #GGP #JLP #XTR #GLR #AFP #copper #gold

Yes, we all have different opinions.

Me personally, I do not mind dilution that enables the growth of the company without putting us at further risk.

@Everyonesawinner - Have you seen a list of all parties involved in enabling us retaining the 5%. Multiple consultants from multiple firms, these will not come cheap. I suggest you look at the RNS -\ for more detail -

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/w9e6ndr

The updated Mineral Resource estimate formed part of Greatland's thorough preparation, which combined the Company's in-house capabilities with the sourcing of external submissions including:

§ Stuart Masters (Resource Competent Person; former JORC Executive Member, AusIMM)

§ Entech (Reserve mine planning)

§ SRK Consulting (Resource and Reserve review and technical advisory)

§ PricewaterhouseCoopers Securities Ltd (financial advisory)

§ Sternship Advisors (corporate advisory)

§ Omnia (team led by Neville Power for corporate and technical advisory)

§ Senior Counsel (JVA interpretation)

Collectively, this preparation allowed Greatland to successfully shift the paradigm to achieve the significant uplift in the option price above that implied by the limited Stage 1 PFS on the South-East Crescent, in circumstances where the PFS had only been published approximately two months prior to the option price determination date.

About the role
Greatland is seeking an enthusiastic candidate to manage our Heritage, Environmental and Land Access engagement across both our existing tenure and any new tenure acquired through WA and other parts of Australia. We are looking for proactive people to join our team and would consider permanent part-time for the right candidate. Attractive, market-based remuneration will be negotiated and depend on relevant experience.

Role Responsibilities

Successful candidates will report to the Exploration Manager and be responsible for:

Fostering strong links with traditional owner groups to build strong positive relationship, including providing ongoing communication and reporting to the representative native title bodies.
Liaison with and assistance of Greatland’s field teams in meeting their obligations under the various Land Access agreements, Heritage surveys and State mining acts.
Managing Greatland’s engagement with traditional owners, including working with the exploration team to plan and conduct Aboriginal Heritage Clearance Surveys.
Assisting Greatland management and company lawyers in the preparation of new Land Access agreements.
Managing other Land Access issues including the various State Mining Act requirements for notification and permissions for programs of work and other statutory access requirements, and managing communications and agreements with other Land Holders and stakeholders; and
Managing Greatland’s environmental obligations under the various Acts and access agreements applicable to exploration and mining consultation with the Senior Field Officer and HSE Manager.

Role Requirements

Candidates with some or all of the following qualifications, skills and experience are encouraged to apply:

Excellent communication skills with strong experience with and reporting to Representative Native Title bodies.
Knowledge of current industry standards regarding heritage, environment and safety.
Significant experience in planning and conducting Aboriginal Heritage Clearance Surveys.
Communication of the results and processes developed through clearance surveys and Land Access Agreements to the Exploration teams.
Management of Heritage and Clearance databases.
Development of conservation plans based on the various Acts and land Access Agreements governing mining and exploration tenure, and working with the Exploration teams to empower those plans.
In consultation with the exploration teams planning of land access and earthmoving programmes, and rehabilitation and reporting of rehabilitation as required under Programs of Work approvals and the various Land Access Agreements.
Management of Clearing and Rehabilitation databases.
MS Office essential and GIS proficiency preferred.
Ability to work with a small entrepreneurial team whilst being highly capable to work independently.
A recognised Tertiary Qualification in geology would be an advantage but is not necessary for a sufficiently experienced

Are we looking to expand our portfolio of exploration tenements?

Heritage, Environment and Land Access Officer
Greatland Pty Ltd
Perth WA
Health, Safety & Environment (Mining, Resources & Energy)
Full time

https://www.seek.com.au/job/59112209?type=promoted

@MREMC2 - Not sure which document you have been looking at, but it seems quite clear to me.

From the attached -https://greatlandgold.com/wp-content/uploads/2022/11/Greatland-Gold-Notice-of-meeting-20221206.pdf

Resolution 6 To authorise the Directors to allot Ordinary Shares

The purpose of this resolution is to renew the Directors’ power to allot shares. The authority will allow the Directors to allot new shares, or to grant rights to subscribe for or convert any security into shares, up to a nominal value of £1,650,800 (representing approximately 1,650,800,000 Ordinary Shares), which is equivalent to approximately 33.0% of the issued share capital of the Company, exclusive of treasury shares, as at 2 November 2022.

Resolution 7 Limited disapplication of pre-emption rights

Accordingly, the purpose of Resolution 7 is to authorise the Directors to allot new Ordinary Shares and other equity securities, or sell treasury shares, for cash up to a nominal amount of £250,120, equivalent to approximately 5% of the total issued ordinary share capital of the Company excluding treasury shares as at 2 November 2022, without the shares first being offered to existing shareholders in proportion to their existing holdings.

Resolution 8 - Limited disapplication of pre-emption rights in the event of financing an acquisition transaction or other capital investment

In line with the template resolutions of the Pre-Emption Group, the purpose of Resolution 8 is to authorise the Directors to allot new Ordinary Shares and other equity securities, pursuant to the authority given by Resolution 6 above or sell treasury shares, for cash up to a further nominal amount of £250,120, equivalent to approximately 5% of the total issued ordinary share capital of the Company as at 2 November 2022, only in connection with an acquisition or specified capital investment which is announced contemporaneously with the allotment, or which has taken place in the preceding six-month period and is disclosed in the announcement of the issue. If the authority given in Resolution 8 is used, the Company will publish details of the issue in its next annual report.

https://im-mining.com/2022/10/31/trimble-scanning-solution-helps-steer-havieron-copper-gold-project-progress/

With thanks to Paddy / William Langley.

https://twitter.com/paddygall1/status/1580842764069060608

Out in 10 Mins - https://www.youtube.com/watch?v=6mg1mKYh7J0

https://twitter.com/MarkEJFairbairn/status/1578349435142430721

To add to this further.

The GDXJ fund is rebalanced on a quarterly basis (Mar, Jun, Sep & Dec). When it is reweighted it takes the sum of the Free Float Market Capitalization of all companies eligible for inclusion and attributes a weighting for each company based upon the fund value.

The fact that GGP will have more shares listed will have no impact, as all of the shares taken up by Wyloo should not be considered additional Free Float (they will be tightly held by an II and have over 3% of the share listing). Therefore will have no impact on the number of shares needed by GDXJ on the next rebalance (The Tribeca shares were including in the latest rebalance).

That said, with our latest reweighting of 0.61%, any incoming or outgoing capital into the GDXJ will lead to a daily purchase or sell of GGP funds during the quarter of that amount * 0.61% to maintain the funds integrity. When the next rebalance occurs, if our Market Cap has increased by any significant amount, shares will be need to be purchased at the rebalance.

This is because we had circa 205Million in the US Fund at the last rebalance (0.61% of the fund). As previously stated incoming/outgoing capital from the fund will lead to purchase/sells of GGP shares at 0.61%. During this period, due to Share Price fluctuations our % of the funds will have changed (it is currently 0.62%) when these daily purchaes/sells take place..

This will mean that the number purchased/sold will not always keep the percentage of the fund in line with the Market Cap.

The quarterly rebalance is required to re-align the number of shares held in the fund by calculating:

Free Float Market Cap of each company / by the Sum of the Free Float Market Cap of all companies
Multiplied by the GDXJ Fund value at date of the rebalance.

I hope that all makes sense.

We are on of 99 companies in the index. It will be rebalanced during the standard quarterly reweighting of the funds in December.

That said the news share will not add to the existing free float so will have no bearing on the amount needed by the fund.

Good post and reminder from Hydro on GGPChat.

https://www.ggpchat.co.uk/viewtopic.php?t=553

@acechaser - I think that was Bamps - but worth reiterating.

Unfortunately Paddy was unable to attend last night.

You can see my feedback on it, for what its worth, on - https://www.ggpchat.co.uk/viewtopic.php?t=551