Member Info for MH01

Dear RAMPERS.... you have been told.... "All your gals misleading posts are now with GBP".

And Wyloo have an option to buy 50% of Newmont's shares for 7.2pence, so both Newmont and Wyloo must be licking their lips.

Well done Doozer on being in the blue.... let's hope all shareholders will be in the same boat in 2025 !

Just thinking about our ASX peer comparison. These figures alone scream "undervalued" given all that we know about GGP and the macro environment we are in.

Feels like the pain and suffering since the ATHs at 31-Dec-2020 are finally behind us. Thankfully Shaun Day was recruited who has assembled a world-class team around him. We have a highly connected BOD at the helm and it really feels like this share price move is not temporary. We have many false rises the last few years but 2025 is different.

GGP is a producer of gold, copper and silver. We are earning a monthly profit. Gold is at ATH's. Copper is rising. Silver is rising. Oil is steady (input cost). GGP has never been in this position before after 20 years an explorer and at the whims of major gold companies. GGP is the master of its destiny now.

Recent broker notes were from 14p to 19p and that could well be achievable before the ASX listing.... touch wood! Then much more to come when the gold price keeps rising.

When we ASX cross-list that'll materially increase demand for shares... plus "hopefully" move off AIM to LSE... and hopefully get added to the GDX. It's like a snow ball rolling down a hill, starts slowly but quickly picks up moment.

When we should be closer to the top. Plenty of UPSIDE to look forward to over the coming year(s).

Top ASX goldies -- Mkt Cap per Google -- PE Ratio per Google -- If GGP's SP matched (at 13b shares)

Northern Star AUD$20.4b 32 £0.78

Evolution AUD$11.8b 27 £0.45

De Grey AUD$4.9b n/a £0.19

Perseus AUD$3.9b 7 - Africa £0.15

Genesis AUD$3.6b 41 £0.14

Capricorn AUD$3.3b 34 £0.13

Ramelius AUD$3.0b 14 £0.12

Gold Road AUD$2.8b 27 £0.11

Red5 (now Vault) AUD$2.7b n/a £0.11

Regis AUD$2.5b n/a £0.10

Westgold AUD$2.3b n/a £0.09

***GGP *** AUD$2.3b n/a £0.089

Bellevue AUD$1.5b 19 £0.06

Onya Stuart he made the show from the beginning

https://youtu.be/H5sFf6GCEWc?si=fKhj6tN8vGXJRR-9

AUD$4,620.95 ... how blooody good is that... great time to now be a gold producer https://goldprice.org/gold-price-australia.html

Copper also making a run up.

"Ffs do you lot not know how pathetic and childish you look, arguing with each other like kids all weekend." - who wrote this moron? YOU. And Why? Read the past weekend, as it is every weekend. Clear to see why this board is a SS.

You are all missing proper returns elsewhere that Cyber "promised" here.. OMI, GGP, BANK and others. Cyber cannot string a cohesive sentence together so I am sure nobody listens to it anyways. Money invested here could be here for years to see a top return, do you have the patience to wait?

Spot https://goldprice.org/spot-gold.html

Wyloo would need to pay Newmont £96,090,562.44 for the shares if they exercised their right. That is 1,334,591,145 times 7.2pence a share.

Newmont would still own 1,334,591,145 shares after the transaction.

"Under the Lock-In and Orderly Market Deed, Newmont NOL (and any permitted transferee) will agree that for a period of 12 months starting on the date of Readmission (the “Lock-In Period”), it will not dispose of any interest in the Lock-In Shares, other than as permitted by certain limited exceptions. These limited exceptions include disposal to Wyloo under the Wyloo Call Option Deed"

So Newmont could sell now if they wanted, if Wyloo wants to buy

Wyloo's options are "in the money"!!

"Should Wyloo choose to exercise the option (in whole or in part), it must provide the required notice and pay to Newmont NOL a cash amount equal to 7.2 pence (“Exercise Price”) per Option Share in respect of which the notice is given (equivalent to a 50% premium to the Placing Price)."

"Under the Wyloo Call Option Deed, Newmont NOL will grant Wyloo an option to purchase up to 1,334,591,145 Consideration Shares (being 50% of the maximum number of the Consideration Shares) (“Option Shares”)."

PAGE 47 -

6. Wyloo Call Option Deed

Newmont NOL will enter into the Wyloo Call Option Deed with Wyloo on or about the same time as the Acquisition Agreement. Under the Wyloo Call Option Deed, Newmont NOL will grant Wyloo an option to purchase up to 1,334,591,145 Consideration Shares (being 50% of the maximum number of the Consideration Shares) (“Option Shares”). The call option is granted from the date of Readmission and ending at 11:59 p.m. on the fourth anniversary of the date of Readmission (“Option Term”), and is exercisable by written notice from Wyloo to Newmont NOL. Should Wyloo choose to exercise the option (in whole or in part), it must provide the required notice and pay to Newmont NOL a cash amount equal to 7.2 pence (“Exercise Price”) per Option Share in respect of which the notice is given (equivalent to a 50% premium to the Placing Price). In the event of any capital restructure or any UK court approved scheme of arrangement to introduce a new holding company (whether Australian or UK) as the sole shareholder of the Company and pursuant to which the shareholders in the Company at the effective time become holders of securities in the new holding company of the Group (“Re-organisation”) of the Company, the number of Option Shares and Exercise Price shall be adjusted in accordance with the formula set out in the Wyloo Call Option Deed.

Further, under the Wyloo Call Option Deed, Newmont NOL will grant Wyloo a right of first refusal in respect of any Consideration Shares that Newmont NOL wishes to sell during the Option Term (or enter into an irrevocable undertaking or commitment in relation to a takeover of the Company in respect of), and sets out the process that Newmont NOL needs to follow before it sells any Consideration Shares. Should Wyloo decide to exercise the right of first refusal, the number of Option Shares remaining will be reduced by the number equal to the number of Consideration Shares sold to Wyloo. Should Wyloo choose not to exercise its right of first refusal, and Newmont NOL subsequently sells those Consideration Shares to a third party buyer in accordance with the relevant process, the Consideration Shares that are sold to that third party buyer will only reduce the number of Option Shares to the extent that Newmont NOL does not hold Consideration Shares in excess of the number of Option Shares (“Non-Option Shares”) (or the number of Non-Option Shares is not sufficient to cover the total number of shares sold). However, the right of first refusal does not apply to certain limited ‘permitted disposals’, including any disposal of Consideration Shares pursuant to a Re-organisation or third party takeover.

Should the Company proceed with the ASX Listing, Newmont NOL and Wyloo agree to enter into such arrangements as are necessary on no more onerous terms to facilitate the completion of the ASX Listing, including a variation to the Wyloo Call Option Deed to the extent necessary to com

PAGE 46 -

Further, Newmont NOL (and any permitted transferee) will agree that for the period of 12 months starting on the day after the end of the Lock-In Period (the “Orderly Market Period”), it will not dispose of any interest in the Lock-In Shares unless it first complies with the process and requirements set out in the Lock-In and Orderly Market Deed. These requirements in relation to the disposal of any Lock-In Shares include (amongst others) that the Lock-In Shares can only be disposed to a public equity investor (being an entity whose primary activity is making minority investments to generate financial returns, other than those investors whose business directly involves mining exploration, development or operations or private equity or activist funds), but are subject to limited exceptions (including the Exceptions to Disposal Restriction).

Should the Company proceed with the ASX Listing, Newmont NOL will have certain co-operation obligations in relation to assisting with the completion of the ASX Listing, including an obligation to agree a modification to the terms of the Lock-In and Orderly Market Deed to the extent necessary to comply with the Australian Corporations Act and the ASX Listing Rules, or enter into aa new agreement (provided no modification or new agreement is more onerous for Newmont NOL).

PAGE 522 -

Pursuant to the terms of the Wyloo Call Option Deed Newmont NOL will grant Wyloo: (1) an option to purchase up to

1,334,591,145 Consideration Shares (being 50% of the maximum number of the Consideration Shares) during the Option Term and; (2) a right of first refusal in respect of any Consideration Shares that Newmont NOL wishes to sell during the Option Term. Further information relating to the Wyloo Option and Wyloo Call Option Deed is set out in paragraph 6 of Part 2 (Summary of the Terms of the Acquisition) of this document.

Hi Ben,

Thought to share some extracts rather than just offer an opinion. chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://stg.greatlandgold.com/wp-content/uploads/2024/10/AIM-Admission-Document-10-Sep-2024-1.pdf

PAGE 40 -

The “Consideration Shares”, comprising 2,669,182,291 Ordinary Shares, with a value at the Placing Price of US$167,500,000, to be issued to a member of the Newmont Group nominated by the Sellers on Readmission, and subject to the Lock-In and Orderly Market Deed, Relationship Agreement and Wyloo Call Option Deed as described below. The Company reserves the right to increase the size of the Placing and in the event that the gross Placing Proceeds exceed US$325 million (approximately £248.65 million), the first US$83.75 million (approximately £64.1 million) of additional Placing Proceeds will be paid to the Sellers and the Consideration Shares will be reduced. The minimum number of Consideration Shares that Newmont would hold would be 1,334,591,146 which are expected to represent 10.2% of the Enlarged Share Capital;

PAGE 45 - Lock-In and Orderly Market Deed

The consideration payable by the Buyers for the Acquisition includes the issue of the Consideration Shares to Newmont NOL. On or before Acquisition Completion the Company and Newmont NOL will enter into a Lock-In and Orderly Market Deed under which Newmont NOL (or any permitted transferee) agrees to certain restrictions on disposal of the Consideration Shares, and other Ordinary Shares which may be acquired or issued in certain circumstances during the Lock-In Period or Orderly Market Period (each as defined below) (together, the “Lock-In Shares”).

Under the Lock-In and Orderly Market Deed, Newmont NOL (and any permitted transferee) will agree that for a period of 12 months starting on the date of Readmission (the “Lock-In Period”), it will not dispose of any interest in the Lock-In Shares, other than as permitted by certain limited exceptions. These limited exceptions include disposal to Wyloo under the Wyloo Call Option Deed (see summary at paragraph 6 below), disposal pursuant to the acceptance of a general offer for the ordinary share capital of the Company made in accordance with the Code or a disposal otherwise consented to by the Company (the “Exceptions to Disposal Restriction”).

MORE TO COME...

Hopefully the ASX listing also includes moving from AIM to LSE…. And then GGP will fall within the investment rules for many more investment funds / pension funds. Plus, as you say being added into the GDX would be another mover and shaker. So many catalysts in 2025 to look forward too.

Thanks. Can you think of any other major milestone for 2025 I have missed?

Obviously there is the M&A speculation the press seems to promoting lately…ie. the Antipa crowd will continue to bang on about us taking over them, which I doubt myself. Maybe a relationship will form in time but unsure this year.

We know Newmont and Antipa need to decide on the future of the Wilki JV. There is a key date in March (wow only next month!) that Newmont need to decide by what they choose to do. We know Newmont wanted to sell their Wilki JV interests to GGP as part of our deal but Antipa said no. Will that ‘no’ from Antipa help or hinder them in their desire to use Telfer, interesting. Their NPV calculation is great without building their own plant versus using Telfer, compared to having to build from scratch. So that gives GGP the upper hand. Anyways.

If I’ve missed a known milestone add it to this thread please.