Member Info for MH01

You can read the latest report released this week and let us all know, thanks for your help.

A few of us were calling this out in real time... we just got harassed here if you remember.

Https://greatlandgold.com/wp-content/uploads/2024/10/AIM-Admission-Document-10-Sep-2024-1.pdf

Use keyword search "wyloo call option" for more details on their option to buy 50% of Newmont's shares. Page 47 is worth reading. Option expires 4 years from Sep2024.

Wyloo is the lucky one as they have an option to buy 50% of Newmont's 20% for 7.2pence per share ..... BOOM for Wyloo

Hopefully the Trump effect keeps gold up and oil down… perfect storm for GGPs bottom line 💰

"Conclusion: IF I am correct The the GDX needs to invest = $109m to $136m USD in GGP thats £85m to £106m of Stock buying. So as an example lets take the smaller percentage 0.8% weighting of $ 13bn which means they need to acquire 600-700m shares depending on the weighted average price paid could be anywhere from 10p to 15p. ( who knows GDXJ started buying at 16p and paid 27) BUT thats between 700m and 900bn shares total and at least 49m per day (given there are just 13 trading days left) before the 21st .

Boom baby!! 💥💥💥"

Which would be immense for the share price.

https://www.ggpchat.co.uk/viewtopic.php?t=1083

I recall back in 2020 a female poster Claire said when it hits 25p she is out, paying off her mortgage. She did and good on her. It then went onwards to 38p :-)

"If tariffs are the new normal," - high chance all will be reversed after Trump's presidency, unless his VP wins the next election.

Https://x.com/SaharasCharts/status/1896915109852946918

Https://x.com/paddygall1/status/1896883313895428107

Because GGP is not the cream of the crop that is why, NST and EVN are. The better companies in any industry attract higher PE ratio's as they attract the most money buying shares. PE of 15 is fair in my opinion. Better to be conservative and enjoy upside than the opposite. It is all guess work anyways as GGPs PE on the ASX will only be known after the fact.

P/E ratio review below using ASX peers. I think you need to reign it in to be more conservative. The top end of the ASX gold companies command the top P/E ration's being NST and EVN.

I would use 15 for GGP and if we get anything better than that happy days.

Date obtained from this website https://www.marketindex.com.au/asx/cmm/financials

Top ASX goldies -- PE Ratio

Northern Star 31.81

Evolution 28.36

Gold Road 18.93

Bellevue 16.41

Ramelius 13.91

Westgold 12.42

Perseus 7.98

De Grey n/a

Spartan n/a

Genesis n/a

Regis n/a

Average PE = 18.55

Average if exclude NST and EVN = 13.93

Looking on Google the acquisition has not completed as yet. If it does that means De Grey will be removed off the ASX. This is good for GGP as investment monies will be seeking alternatives and so the listing timing onto the ASX is looking good.

That is because share markets want to look forward to what is coming, not lament on the past. IMO GGP need to release updates for their resources and a 2025 forecast in order for the market to rerate. ASX listing and Havieron FS will also be massive.

For comparison to GGP. Data is from this website https://www.marketindex.com.au/asx/vau?src=search-all

Highest to lowest.

Top ASX goldies -- Shares issued

Vault Minerals 6,802,473,382

De Grey 2,397,908,742

Evolution 1,989,342,740

Perseus 1,372,184,529

Bellevue 1,283,761,841

Spartan 1,279,889,739

Ramelius 1,155,176,999

Northern Star 1,144,397,489

Genesis 1,129,692,730

Gold Road 1,085,160,105

Westgold 943,109,690

Regis 755,477,734

Capricorn 413,010,571

Seem so

Agree... the 2020 situation and 2025 situation are not comparable, neither is the share price. Less shares on issue in 2020 versus now. Also stay home Covid investors sat on their computers playing the markets definitely helped GGP's 2020 share price. In 2025 you need to look at the market cap of GGP in comparison to ASX peers, which is why I have shared comparisons for a while now. Broker targets of 16p to 19p seem appropriate for the time being, versus 8p today. If the gold price keeps rising and more gold discovered then the share price can break back into the 20's again.

“In January 2025, the Group recorded its maiden concentrate shipment, the proceeds from the sale were £48.0 million and were received on 23 January 2025.”

Https://hotcopper.com.au/threads/ann-antipa-to-retain-100-ownership-of-wilki-project.8475657/