Member Info for MH01

Https://twitter.com/paddygall1/status/1725800054659719190

Ben this is my rough guide for myself, hope it helps

Copied from a previous post I made.

What we need is a FS with a production profile that enables a property FCF calculation. We know Don Durrett has USD$340mill net revenue pa multipled by PE of 10 for his USD$3.4bill market cap calculation. Which is based on 200,000pa ounces attributable to GGP which currently is a bit high with what we know.

In comparison:

My target SP range at USD$2,000 gold is 15p to 22p.

My target SP range at USD$2,500 gold is 22p to 33p.

My target SP range at USD$3,000 gold is 29p to 44p.

All based on:

(1) AISC of $1,000

(2) a PE of 10

(3) annual production profiles of 300,000pa, 350,000pa, 400,000pa and 450,000pa.... GGP is entitled to 30%.

I don’t know if the brokers have a target date. I just know the price targets reported here and other places. No doubt their valuation is mainly based on Havieron as well. So should Hav be larger than they forecast, should the margin be higher than they forecast (think higher gold price), and also if GGP can add significant value to the share price from another tenement discovery… 20p will be blown apart.

Recent broker targets are 19p/20p so that would be an awesome Christmas if we were back there again. Been a horrendous 3 years on this Lassonde Curve, looking forward to it being well in the past.

Unsure anyone reads Zak as knowing the future. It’s just one man’s thoughts about the SP chart. He isn’t saying it will happen, just it might happen. He has had plenty of GGP chart videos and been wrong. He just looks at chart channels, resistance points etc and says the SP could go here. Pinch of salt.

About 48million "tomorrow" ..... should say yesterday!!

Yesterday and today's volume is good as well. About 48million tomorrow and over 25million today.

The previous 8 trading days ranged from around 5million at the low end, to 14million at the high end. This was when the share price was consolidating between 9p and 10p.

So today and yesterday has seen a marked increase in volume and the SP has pushed over 11p. All very positive.

Golden cross has occurred per Zak and it is celebration time for the bulls!

Https://youtu.be/jh0QxTF2hes?si=nCkfpEmYb-KseJIW

Revaluation of gold by central governments due to their insane debt levels.

Ahhh the good old “6p days” 😂

https://investingstrategy.co.uk/mining/gold/investing-strategy-the-greatland-gold-edit/

I do wonder what the GGP Board discuss in terms of the other companies within the Paterson, and "if" it is worthwhile joining forces with any. So many variables and possibilities for where GGP could go. The yellow brick road to the Wizard of Oz is a great journey!

Https://www.youtube.com/watch?v=eeGQUuSbJTM

We can agree to disagree

StarBright it depends on the share price. If the SP was 20p with an exercise price of 10p, that is a far significant return versus the interest received on a loan. Plus instant pay off, not over years

Warrants / Options30 Oct 2023 15:27

There are various 10.0pence warrants and 11.9pence options available for. 10.0p for Wyloo and 11.9p for staff/directors. Fingers cross the share price exceeds both in the near term so new monies enter the coffers of GGP.

See 3 RNS's below that show total proceeds of £35million + £23million + £36million + £13million =

£107million TOTAL PROCEEDS.

This excludes the smaller staff options that could contribute another couple of million. ALL VERY EXCITING LADIES AND GENTLEMEN, strap into your rocket seats!!

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

"Wyloo's further potential investment is through the issue of warrants to subscribe for additional equity as ordinary shares at an exercise price of 10.0 pence per share ("Wyloo Warrants") which, if exercised in full, will realise further gross proceeds of approximately £35m."

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/wvj1kvw

- Exercise price: 11.9pence per share

- Exercise Period: Date of issue to 31 August 2026

- Options granted:

Mark Barnaba 100,000,000

Elizabeth Gaines 55,000,000

Paul Hallam 40,000,000

The gross proceeds from the exercise of all the above Co-Investment Options is c.£23m.

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/x44ggpx

"Greatland has granted a total of 302,700,000 out-of-the money share options with an exercise price of £0.119 per share (Co-Investment Options) to certain employees under Greatland's employee share plan."

"Greatland would generate approximately £64 million in proceeds if all Co-Investment Options held by directors and employees were exercised and Greatland shares issued."

Summary of Employee Share Options granted on 19 September 2023 - Co-Investment Options 302,700,000 at 11.9p = £36m

PLUS Shaun and Chris Toon (72,700,000 + 40,000,000) at 11.9p = £13m

Https://twitter.com/Share_Talk/status/1725114008343331036

Agree with that sentiment..... as the SP rises well above both warrants 10p and options 11.9p it is less likely GGP needs anymore cash, if both warrants and options are exercised. The quicker we can rise to 20pence the better, as fairly high chance both warrants and options will be exercised and over £100million will be deposited into GGPs bank account!

On the ASX listing...... it is best to wait until the future is more clear. At the moment GGP does not know if Newmont will retain the JV as is, or sell Telfer/Hav, or want to buy 30%. Also without a FS and DTM future investors will not know which way the wind is blowing. I think Shaun should wait until all these are clarified prior to listing.

Money is driving this..... volume..... buyers. The positive momentum attracts traders and investors alike, so the momentum builds and builds. Hopefully news will follow which will only support the SP and attract more money.

Folks this is how the share prices…. Positive momentum … money flows commence when the chart indicators are all positive and upward. Like a snowball it starts slowly at first and then builds up speed.