RE: Greatlandโs Playbook is Revealed - Money of Mine10 Sep 2024 09:29
The Money of Mine guys know their stuff. That was a great overview. The potential here with GGP at the helm is enormous. Very exciting time for us shareholders.
For as long as it takes to "with immediate effect until such time as the admission document in relation to the possible acquisition and fundraising have been published in compliance with AIM Rule 14."
RE: Greatlandโs Playbook is Revealed - Money of Mine10 Sep 2024 07:49
I love seeing Greatland making headline news in Oz. Increases exposure to the general public and hopefully the ASX listing will be in hot demand once it happens in 2025 ๐ฐ ๐๐ฅ
Quite the opposite... this site has benefited many via cross referencing... ask many of the GGP holders how they learned about GGP in the first place. GBP is not a sure thing, regardless of Callum being paid to help out. GGP is buying Telfer + Havieron and perhaps the other JV interests owned by Newmont in the Paterson. It is an exciting time for GGP. Nothing wrong in sharing this information with others. You can scroll on.
Hopefully GGP uses debt as well, we have banks lined up, so lower dilution. So a mix of equity, debt, deferred consideration plus Newmont retaining a small stake.
I was looking at the current market capitalisation for ASX100 and ASX200 companies. A lot of EFT monies invest in these so if GGP can make them then it increases demand for shares, increases liquidity in GGP stock and the share price should be buoyant.
Tildo the RNS --- "The proposed terms of the Potential Acquisition remain CONFIDENTIAL, however Greatland notes that the proposed consideration includes a mix of upfront cash, deferred payments and equity. "
Wyloo won't want to be diluted to death so the purchase will not be funded ALL by a equity raise.
You'll have to wait like the rest of us on details. GGP clearly stated "consolidate ownership of Havieron on ACCRETIVE terms for Greatland shareholders".
RE: Zoom out a little - bargain price.9 Sep 2024 10:22
Also GGP can go from prey to predator in time. From hunted to hunter. Northern Star made their initial acquisition, then many more followed. GGP will follow this journey.
RE: Zoom out a little - bargain price.9 Sep 2024 10:16
Agree. I guestimate that Newcrest / Newmont has spent anywhere from AUD$500mill to $1bill over the past 5 years on both Telfer and Havieron since their JV with GGP was announced on 12th March 2019.
So to pick then up for say AUD$500mill is a good deal for GGP.