Member Info for MH01

Raising money to keep the lights on is terrible, 99% share price destruction per charts, very sad for most shareholders no doubt.

Willem's tweet explains why he believes GGP is undervalued

He says are a great investment https://youtu.be/Sj_zvZp9vcw?si=ejuRfFdyHG5Z79yf

So 11.5pence a share at the bottom end of a valuation. If the AISC is lower than my figure the net profit after tax will be much higher and so will the share price. Same for PE ratio if higher than 10 the share price will be much higher.

11.5p as a base case for the share price which is lower than the 11.9p share options issued to management and the BOD. Plenty of incentive for them to get the share price to 20p and beyond.

From now as a producer if GGP can manage 300,000 ounces pa each year on average that is US$330mill net revenue based on $2600 less $1500 AISC = $1,100 x 300k = $330mill.

Less taxes etc to arrive at a net profit after tax of say $200mill to $230mill per annum. PE ratio of 10 = US$2bill market cap. Which is £1.5bill. Being 50% higher than the current today’s market cap.

Https://youtu.be/f1d7SLERzyo?si=87qzKuTnNDmxkEeZ

Https://youtu.be/EV9f-m7aEyA?si=-7qdxt2dnNIloCfj

One of the Q&A questions from Liam in the back end of the interview asked about production before Havieron comes online.

Some great posts on GGP's LinkedIn page... definitely worth scrolling and reading through them

https://www.linkedin.com/company/greatland-gold-plc-ggp-/posts/

Https://www.linkedin.com/posts/greatland-gold-plc-ggp-_newmont-officially-handed-over-our-telfer-activity-7270681619940667392-auV0?utm_source=share&utm_medium=member_desktop

Wonder when we’ll find out if GGP will take over Newmont’s interest … it is interesting reading the AZY on HotCopper and thoughts from their shareholders

SC all investors have varying buy in prices. That’s a separate topic versus the price paid by GGP to buy Telfer/Hav.

Dilution was always expected to fund GGP to a certain degree. We all expected we’d own 30% and Newcrest would own 70% and the income would cover our share of costs. However it all changed when Newmont bought Newcrest. Nobody could foresee any of this. Nobody expected the share price to fall as it has. We’ve all had the chance to average down over the last few years. No point now in bringing it all up. It’s done and none of us can change it. Most didn’t sell at the highs and some did. All we can now do is look ahead from here and ask what share price can be achieved.

The cost paid for buying Telfer plus Havieron is a great deal

https://youtu.be/OfzLOqZKTsw?si=c1ZdRuIRMG930u2M

Or it may not come. If it did then what is GGP worth compared to Hemi? Gotta be a 20p plus stock once ASX listed and GGP release all data to the market.

https://podcasts.apple.com/gb/podcast/the-call-from-ausbiz/id1506523664?i=1000679428743

https://shows.acast.com/the-call/episodes/the-call-friday-6-december

Topslicer go fark yourself. I was replying to JBCarter you moron. Your uncalled for snipe at me … learn how to read. (W)anchor.

Https://greatlandgold.com/about-us/strategy/

""4. Disciplined assessment and, where compelling, pursuit of new investment and acquisition opportunities in the resources sector.""

Many catalysts to boost the share price over coming years. We have a JV with RIO and are searching for the next Havieron in and around Telfer/Havieron.

Other companies like Antipa are looking for the next Havieron, so we may link up if something is found.

Away from Telfer/Havieron -- next door to Ernest Giles our neighbours are drilling so who knows what can happen there.

We need some luck so hopefully another HAD005 type discovery is in our future.

""My “short term” goal is 25p unconsolidated by 6 May 2026. That’s the date SD gets his 5m bonus shares. What’s happening now is the best way for Shaun and the rest of us to achieve that figure.""

These are the share options first granted to Shaun when he started? If yes, they are for 25p and that is the price Shaun has to pay GGP. They are currently out of the money and unlikely to be exercised.

https://greatlandgold.com/investors/share-information/

Need to focus on the market cap more than the SP. We need to be reasonable and we can by comparing to the ASX peers. Where do we stack up against them? Then divide by 13bill shares. Hence 20p is De Grey level valuation. That’s still a multi bagger from here.

Given what GGP now own and will earn, and also in the context of ASX peer valuations, 20p plus is expected by me.

Keen to see and hear from the BOD. Easy to write words but actions are all that matter.

More on Newmont and their vested interest in GGP:

“Newmont is Greatland Gold’s largest shareholder with 20.4% of shares on issue. Newmont’s shareholding is subject to an initial 12 month voluntary lock-in, a further 12 month orderly market arrangement, and a relationship agreement. Up to US$100 million of the acquisition cash consideration is being deferred until Havieron commences commercial production and is also subject to a gold price hurdle.

Realisation of any deferred cash consideration is linked to a successful operational scenario, demonstrating Newmont’s support of Greatland Gold’s stewardship of Havieron and Telfer.“