Member Info for Newtothis123

Greatland Resources Limited - Pre-Quotation Disclosure from 23rd June

Probably everyone read already.

https://www.asx.com.au/markets/trade-our-cash-market/announcements.ggp

Thank you

Thank you

That's because I honestly try to have an informed debate, and if anyone educated can then come back with informed facts, then I would like to know these facts, not their opinions. Like Paddy did on the pensions answer. This then helps everyone to make decisions with their head, rather than dreams with their heart. I disappear, because it's just for some reason ends up with a load of abuse, rather than educated conversation. People are obsessed with ramping and deramping, when like I said, none of what we say on this board has any affect on the share price, not when over 98% of shares are held by 20 investors. It's really hard to find facts on this forum.

Absolutely not, people need to hold their shares, and if they can, buy more. I'm saying opposite. Don't be nervous, it's just a patience game.

Oh, is Shaun going to say something negative about the company? No, he is going to talk about it positively, as I would expect him to. I'm just being realistic, it's going to need some very big investors to really propel the price, to buy up these shares not currently sold, and held by Computershare. I haven't said anything negative, I'm just saying, when people are worried about the fact the sp is going down right now, they don't need to worry, this is just a now thing, but as someone said the other day, it's going to take time to build on getting investors on ASX, it won't be instant as many seem to expect.

Point is, it doesn't matter what any of us, very very little fish do, it's much more about the bigger fish. Someone posting on here has zero ramp or deramp affect. So we should be able to debate freely one way or the other.

The Top 20 Shareholders of GGP hold 98.48% of shares on issue.

Does everyone know why Computershare hold 77% of the shares?

Then let's hope they start buying these up soon then.

This will remain little change over the next couple years. Will get some spikes and downturns. Whilst computer share has over 70% of shares, there needs to be demand for them shares, which isn't currently there. No large pension fund will invest in a mine that has a few years left in it. They invest for decades. Therefore they will wait until Haveiron is onboard, and it's paying out dividends. They don't invest in up and coming companies, but established companies due to the high risk nature. It will come I'm sure one day, but it will be couple years at least. Only issue is, as they are large buyers, they will be wanting to pay a cheaper price for the shares. Just need patience!

Why would you need to? They are the same shares on issue . Cross listed not dual listed.

Just a question. I read that the IPO price for the ASX listing is 5.08 Australian dollars, about £2.45. divided by 20 (as 20 current shares will equal 1 share by the time of the listing) is around 12p per share equivalent. So is the current share price inflated do we think? Or do we think just selling cheaper at IPO stage and it will increase massively on opening? Thank you.

Oh, and thank you to the posters who have given some honest feedback, both on their feelings and facts.

A target is just a target, it's not clear fact. Look at the price targets over the years on GGP, has been dropped down as the share price has dropped with it. SP is ultimately aligned with supply and demand, so the fact is, as previously stated, the SP will only go up significantly with more interest and more shares being bought. Price of gold is irrelevant at this point for example, as on the books there has been no revenue (though I know some is coming). That's why when people say they can't understand why POG is at a high, but sometimes our price is dropping, that is because it doesn't matter at this point. I know buy and selling isn't the only factor of pricing, it is the most dominant by far. Anyone who disagrees with that fact need to research how shares works. I am a holder, my little post isn't going to decrease the price. I just wanted to post for an honest conversation with I though, like minded people. Having a dream of the price increasing, isn't a reason to ignore the knowledge. And BTW I'm far from saying I have all the knowledge, because I don't, I just want to give my point, for others to give their point without abuse. If we were debating this down the pub, it would be fine, but for some reason, in a chat forum, people just dismiss and rather than discuss, like to close their ears and say laa laa laa.

Thank you, some great feedback. That's what these boards should be for. Not personal criticism etc. it is OK to debate. We don't have to live in a world where there is only one opinion, and the alternative opinion is apparently just wrong, because someone says so. Adult conversations. We are very often talking about real world money, so it's good to have as many opinions as possible so people can come to their own investment plans. That's all I'm getting at. I'm a holder since 2020, but it's a good idea to sometimes question your own holding, because this will affect my life, hopefully good, but it's is ultimately a risk, and have some assurances from people like yourself, gives more confidence.

I agree. If there was so much great prospect though, why would Newmont sell? That's a genuine question. Maybe there is a very valid answer.

It's fact statement, has anyone actually read about the history of the Telfer mine. They are HOPING to extend the mine. It's not guaranteed. The point in the feasibly study, is to confirm that it's worth mining, again NOT a guarantee. I'm sure they will, but all I'm saying is, the reality is, no large investor is going to put in until it's guaranteed. Imagine putting investors pension money into a share, that has no guarantee (at this stage right now) that there is longevity, and then find out it's not feasible to mine. Read the facts, even from Shaun's mouth. He is not saying there is a guarantee of anything right now. All the doubters, please then tell me where the revenue is coming from, between end of the Telfer mine, and hopefully, the start of Havieron. I welcome everyone to go and actually research the finer detail. But don't dismiss my comments without doing that. Has anyone looked at Great lands 27 page presentation? All I'm saying is there isn't a guarantee (at this stage) and so large investors will not put in cash until there is actual long term revenue. Fingers crossed Havieron feasibility study shows the go ahead, then they should start putting in.

Tefler is an old mine, we are just mopping up at the end before it's closed fully. We are going to be left with all the costs of closing down a mine, which can take between 5 and 10 years. In 15 months( maybe less if they mine the gold that is left quicker), there will be no gold coming out, therefore no revenue,until Havieron goes live, which at the earliest is 2027, so long as the feasibility study is successful. This isn't to de ramp, this is to point out, that no hedge fund or pension fund will put in the kind of sums of money we need invested to push the share price way way up, without a long term commitment of gold successfully coming out the ground. Just my opinion. So it's a waiting game and a lot of IFs.

Can someone tell me in layman terms, why the SP has risen so much, but yet there has been more sells than buys.

Hi. Surely when they list on ASX though, any large investors will invest on there, and therefore our share price will be unaffected? Or with dual listing, do they work in tandem?