RE: TELFER Gold Mine, Paterson, W.Australia. [WSBN referred to Telfer]28 Sep 2025 20:40
On checking to make sure, NEWCREST gave a loan of $50m to Greatland secured against its 30% JV share , thus reducing it to 25%.
Comment: What is important here is that were a JV to occur, say, there will be NO MORE DRILLING by the co that has farmed out their project in general and hence why I had to CORRECT STUWOOD otherwise folks will think that in Greatland's JV, Greatland still had further DRILLING to do on its own accord but that is LEGALLY not allowed once it is NOT the operator of the project. So, RELEVANT for folks to know who does what.
Memories tend to fade I note - on 1 forum, one said he was the "BIG THREE" in Greatland Gold. How? There was no BIG 3 as their names never appeared on the TR-1 of Greatland, only British Rich Lister per Sunday Times. As for the big three, 1 of them stated, he KNOWS NO ONE on the forum but is it true or not correct, I dont know and up to them. Many say they were there in Greatland but their names are also NOT from those days. Hence, I said, POST POSTER NAME AND SAY , IN -----------THEN, THERE IS PROOF of day, date, time, forum.
__________IN-NEWS-WISHBONE GOLD @ Hole 1 and Hole 2 , RED SETTER. Share price 1.72p MID. Sun, 28 Sep 2025. Cap around £46m __