Member Info for Multiplier7

Greatland Gold (USD2.4bn market cap)

UK-listed gold miner and developer in Australia, which will also list on the ASX next month. Greatland Gold (GGP) operates the low-cost Telfer gold mine it recently bought from Newmont. As a reminder, Newmont had inherited Telfer in its acquisition of Newcrest. In addition, core to the GGP story is its development nearby of what looks to be a world-class gold project, Havieron (8Moz geo), which would utilise the existing infrastructure at Telfer; notably its significant and hungry 20Mtpa processing plant. Once operational in 2028, Havieron will have the potential to be a 30y+ mine, in our view. We expect GGP to become a consolidator in the Paterson region in Australia.

The company is in net cash and should generate >USD200m of FCF pa from Telfer this year-on and over the next three years at least we estimate at a conservative gold price of say USD 2700/oz. In other words, at that gold price, GGP can more than self-fund Havieron to production. At spot gold instead, GGP would also be left with > USD1bn of excess cash in 2028 (>40% of current market cap). Just for reference, given this is such a low-cost producer and developer, we think the stock presents upside even in a very low gold price scenario of USD 2300/oz gold in perpetuity. In any case, the company has put options on c40% of volumes over the next couple of years at a gold price of USD 2600/oz – protecting cashflows from any gold price downside yet keeping the upside unhedged. All in all, at this share price, you are getting Havieron for a cheap implied value of cUSD 100-150/oz.

The bull case upside presented in the chart assumes USD 3500/oz gold, and 1.3x NAV multiples on the two key assets. Not unrealistic since gold miners traded at to 1.7-2x NAV historically.

Key catalysts:

1) Quarterly results confirming the solid operational performance tendencies delivered at Q1 at Telfer and delivery of guidance. 2) Upgrading the category of the inferred resources at Telfer (c1.7Moz). 3) More resource discovery / consolidation. 4) ASX listing.

Desperation is ramping up each and every day as we get closer to the ASX listing.

So many 'green coffins' and absolute nonsense posted last several days.

And this was the back off tremendous effort by Shaun to get to the Townhall in London, ASX cross listing unanimously voted through by the shareholders yesterday, and only a few weeks ago we had a blindingly positive Q1 results, Telfer Ore upgrade showing no gap to Havieron and significant further increases coming, and the Directors surrendering their shares options.

Price BEFORE all this news, 13.80p, this is the brilliant efficient UK markets LOL

ASX tracker funds, mega pension funds, global institutions will drive this up towards fair value. Lost all hope in the UK markets, hence the flight of capital, just a traders paradise.

Gold is heading towards $4000 by EOY. All trust is lost in the $, central banks are dumping, and then we have Global debt at $300 Trillion, states printing money to pay their interest, totally unsustainable 😂, and then Basel III on 1st July, classifying gold as a Tier 1 asset for financial institutions, this move has just started, its an unprecedented, once in a multi generation events, all at the same time.

So how does this work, we just say a price and then that becomes the consolidation price 😂 may aswel give it a go if others are.

Il say 25p then, aligned to broker notes, post consolidated price on ASX listing A$10 now thats a nice round number 😉

That's all you need to know know!!

No surprises with all the FUD, when share price is rising all these Newbie posters are nowhere to be seen 🤣🤣 They will ALWAYS crawl from their rock, like death and taxes, nailed on.

Everyone wants your shares, hardly anything to manipulate, 1-2% of holders read these posts. Hope the likes of Andrew Forrest and Newmont are not reading the FUD 😂

Only positive, friends and family are building nice positions, so lucky lucky them 😉

With all the pictures he posts from the mine and processing facility, someone who is very close to people at Telfer...

Brilliant news.

Firmed up cross listing timetable.

Australian Prospectus next Friday, and listing document swith ADX, all becoming a reality now, just weeks away.

Https://x.com/Share_Talk/status/1920873370410697118

@GreatlandGold has proven that a mine developer can rise from microcap status to striking it big as a successful producer. Today, #GGP is worth more than £1.8 billion. And if it fully unlocks the immense potential of its massive discovery in Western Australia, it could one day join the blue-chip ranks.

Greatland will continue to re-rate vs peers given their imminent ASX listing and robust FCF, which is well outperforming vs peers with similar production. A company still largely under the radar - the question is: how much longer will it stay unnoticed?

Looking forward to Week beggining 16th June, last week of only AIM Trading, once we are cross listed 🚀🚀

Everyone piling in before the cross listing

Then a survival of the fittest once on ASX, going to be 1 mad scramble with just 650m shares, would guess 550-600 are locked up, an almighty scramble for the few loose shares.

Guessing some kind of an RNS on Monday.

I know it doesn't mean much, but still interesting. According to this website and similar on advfn..

55m buys vs 10m sells today LOL

Held at 13.7p all day

Down 1% LOL

SO GLAD Greatland are cross listing on the ASX.

In 24 hours GGP has been dragged down 13% for no apparent reason. Its just the same few% of shares being traded, as 90%+ holders are firmly locked away.

Everyone knows AIM is useless, not many investors left, as they have been badly burnt, so liquidity is thin, on the whole its traders moving money from 1 ride to the next. With all this known, the level of corruption is staggering, crazy how they allow this behaviour.

AIM market says, you think we are corrupt, hold onto our hats. One of the biggest companies on AIM, just because we feel like it, a 13% chop in 24hrs, or nearly £250m wiped out 🤣🤣

Any surprises companies are leaving, and hardly any new IPO's, literally shooting themselves in the foot. In 5-10years it will cease to exists.

Also notice, when ever the drop is orchestrated, you will ALWAYS get random posters here spouting absolute nonsense, some of it is just comical.

AIM must be the biggest legalised scam going. Scrap the FCA, totally toothless. Rant over Lol

Brilliant for those still continously loading up i guess. Good luck

When you have to print over $1 Trillion just to pay the interest on your debt, you are in a terminal debt spiral.

Then you have all the central banks buying, de-dollarisation, they are buying at any price.

Then you have some kind of reset backed by gold.

The old Fiat money system has totally and utterly failed.

This increase is just the beginning.

We know on AIM we are currently valued with a circa 50% discount vs ASX peers, broker notes etc this is because LSE markets are broken IMO, we have read the liquidity has totally dissipated over the years, pensions funds now hold 2% in UK equities from near 40%+ from several years ago.

By moving to the ASX soon. Will bring huge liquidity.

We know atleast 2 major avenues of investors will arrive which Shaun has mentioned:

1. ASX Tracker funds

2. Mega Australian pension funds who invest domestically, and alot of it in mining, biggest market in the world. This will be an easy investment for them, back the same horse again, lucky for us they will all know who Shaun Day is 😉. And he mentioned yesterday, he is doing a roadshow meeting investors.

However there are another 2 types of investors who IMO will also join the party, but not mentioned by many:

1. Global institutions who will never invest in AIM/penny share, now that we will be cross listed, this huge pool of capital also opens up to us.

2. Retail investors who simply do not go anywhere near AIM. I know so many investors who dont put a penny in AIM. This will be a game changer for them. Again being on ASX, they will also have no problem in about 6 weeks.

So in essence the ASX is not only opening up investment in Greatland within Australia, but practically opens up doors which are firmly closed right now, and now those doors are open to everyone globally, interest in Greatland is going to go up a fair few notches over the coming months, and there will be no stopping.

Do not give up your golden tickets, so many others want it, massively undervalued, most cannot grasp the unbelievable opportunity and what GGP actually have, and the potential to what they can prove up. SD mentioned 30 Million Ounces in one of his interviews a few months back, in 1-2 years he may well get to 30 Million Ounces, let them do there thing, have 100% confidence in them.

Micru - I somewhat agree with your thoughts on AIM, market is broken, no liquidity, easily manipulated.

HOWEVER, there is 1 gem on AIM which will go down in folklore IMO, and that is GGP, absolutely incredible, and its just getting started yet, at the beginning of a tremendous journey.

About to cross list on the Australian market.

Fully owns the 3rd largest processing facility in Australia.

Nearly $100m a month revenue

Cash balance $250m

Cash balance growing by $2m every single day

Major producer

Fully owns its assets

World class BOD

£0 DEBT!!

Broker notes 25p

Dyor

A nice in depth update from those attending would be greatly appreciated 🙏

Just confirmed..

Shaun will give the latest presentation and take audience questions live online as he discusses the latest news and mineral resource updates from the Havieron and Telfer gold-copper mines.

If Carlsberg did CEO's...

Absolutely amazing. I think 2-3p needs to be added to the share price today alone with Shaun's tenacity and determination on show, that is one loooonggg flight, with the stopover aswel! Incredible.

No doubt, most other CEO's would have just given up.

Big volume in opening 45mins. Very difficult to buy decent volume. And chat board super quiet.

Tells you all you need to know.

0.77p or 3x from here is only £10m market cap

Posted by Element1 on GGP board, outlining why there are Tier 1 Gold Mines in and around Telfer, and the potential to find more!!

So 100% relevant here as WSBN are about to drill a Telfer like structure just a few kilometers away, verifies and calidat by 2 consultancies, from just £2m market cap, the rise could be spectacular....

And to be clear - the reason that the chances of another significant discovery in and around Telfer/Havieron are really so high all comes down to unique geology.

Why are the Odds of Another Major Discovery at Telfer/Havieron so High?

The reason the Telfer-Havieron district remains one of the most prospective exploration zones globally boils down to geology — and in particular, one compelling geological fact:

The fact the Eastern Breccia exists — and it sits directly adjacent to the main Havieron breccia.

What makes this remarkable is that the Eastern Breccia displays different and very distinct geochemistry and mineral deposition, despite its proximity to the main system. This is not a coincidence — it confirms a multi-episodic reactivation event cycle. The higher levels of nickel in a copper gold system are almost 100% unique, globally.

In simpler terms, this means that the Havieron system wasn't formed by a single geological event, but rather by multiple phases of mineralizing event - fluid movement — all likely driven by:

A deep, crustal-scale fault system

Reactivation over geologic time

Sustained access to fertile magma and fluid pathways

This deep crustal scale fault — acting as a conduit to the deep earth — is the key to understanding why this region is so prolific. Its presence implies geostatistical probability that:

There could be multiple “Havierons” hiding beneath the surrounding 50 km of tertiary desert cover. Remember "Cover is our friend" as Shaun would often say.

This is what excBreccia. Its not just another anomaly or depositites geologists and exploration teams: the Eastern — it’s proof that this mineral system is part of a much larger, deeper, and potentially much more widespread mineralizing engine.

That alone is good reason to stay invested indefinitely. It's known in the business as Geological Alpha.

"(granted they are Africa focused)"

With mines in Bukino Faso, Senegal and Ivory Coast. Now what could possibly go wrong there LOL They had 2 mines nationalised only several months ago!

Sounds good, if not for location, it was in say Australia or Canada, valuation would probably be treble.

There in lies the beauty with Greatland, ticks every single box. World class assets, world class BOD in a Tier 1 Jurisdiction, with £0 debt, why its a very unique proposition.