Member Info for mrmork

How many £20k buys are we going to see on for GGP on Monday?

It could be as simple as using a global equity tracker etf, after all this malarky has played out of course

I watched a podcast with the EMH MD last night, the chap looked and sounded exasperated. Their DFS is delayed with no news and working as the junior in a JV could be taking it's toll.

So what's your take on ZNWD and EMH.

I just realised that ZNWD is now worth more than EMH even though the deposit it smaller, although it's fully owned rather than a JV. I think there lithium has higher concentration on the german side too.

The Whitehouse have clarified that Gold is exempt from tariffs

Ok, for June i'm surprised it's only 3200. I'll be expecting close 3300 by june.

No it didn't.

Nasdaq is now down 2.5% having been up 1.5% or so.

Gold only edging up to 3135.

One interesting fact, the EU have been stung for 20% as they have 39% tariffs and the UK who charge 10% will get a 10% tariff in return.

Just watching Trump going through the new Tariffs and market volatility is interesting, gold is bouncing between 3110 and 3130 within minutes. The US markets are all spiking higher, the Dollar is falling.

I wonder what this will do for Gold in the long term.

Dont quote me, but a bit part is the pension funds:

- in the UK, mining is bad so they only hold something like 4% of funds in a naughty non-esg stock

- in Aus, mining is bonza and they hold around 20% of their funds in mining

Then the ASX200 is a better caliber market that more funds can invest in ... so we'll have a broader spectrum of investors

I 100% echo this sentiment, you're input it invalable and very apppricated by myself and many others here.

Congrats on the trade, how long did it take to grow that much?

I'm in here thanks to Bancora. It looks a good opportunity to my relatively inexperianced eyes. imho the challanges appear to be securing permissions and aquiring their choosen sites. The residents may be used to mining, but i'm not too sure i'd be too keen on a monster mine under my house. I wonder how much local opposition there will be regardless of the proactive charm offensive.

I read the the govenments (saxony and German federal government) were willing to help with funds, considering the significance of the resource and the fact that the tax take over the lifetime of the project will be about 5bn in total, then they should be behind it.

But they wont bankroll the whole project, so there will be other options:

- Issue bonds

- banks and debt financing

- Issue further shares on the markets but i have no idea how much they could raise given the current valuation

- goverment loans/grants

- partnership with another miner

This must be a well trodden path by other mineral explorers, I wonder how this has been done before?

We've had the PFS (prefeasibility study) that seemed very positive both on the mineral content and the financal aspect, we're up 10% today, but a long long way to go even before we reach the 52w high.

What do you mean, 30min stall in trading? The other day I was unable to buy online even though other trades went through.

Also, looking at the numbers from the other day:

€30m - The current market cap is around €30m

€1048m - They will need to do a fund raise to cover the €1048m construction costs

€484m - Average anual EBITDA

Once all is done, we could be left with a business worth €3500-4000m should all go to plan?

The full pre-feasibility report is here https://www.rns-pdf.londonstockexchange.com/rns/8115C_1-2025-3-30.pdf

I thought it was end of month, end of quarter, so perhaps some rebalancing after the great 3 months we've had.

Presuming you're eligable, then you should have got that a week or two back. My account had some really strange entries with money in and out for the new shares and then instant cashing them in.

I'd speak to your broker to find out what's happened

Managed to double my holding. I think the long term outlook is positive, but I still have doubts about any kind of large dig/contruction project in europe actually going ahead let along going according to plan.

What a rollercoaster morning, 13.2 > 12.5, now back at 13.1

I've been trying to topup and i can't get an online quote! Should have bought late last week as it's up 5% already

Morning, I've noticed a new RNS showing a new (to me) presentation for GGP:

https://greatlandgold.com/wp-content/uploads/2025/03/Greatland-Corporate-Presentation_Mar-25.pdf

PS, what is backdoor?