Member Info for Ninetopprizesof

Banksy, please explain yourself, or is that just you expressing your wisdom?

Spade, I have no doubt you are avidly searching all my posts in the hope of finding a "nugget" to work with. That, my friend is a sure sign of desperation!

Spade, all I have done is ask questions. No claims. And because I ask perfectly legitimate questions - you get into bully mode. Have you come up with a reasonable answer to any of my questions? No.

You draw attention to something I said on Wednesday - lets be honest, just like a true bully, you were waiting with abated breath in the hope that I would make a post. Stop embarrassing yourself.

Spade, like I said before, you are a bully. You are one of those I alluded to in my post. You have never offered anything on this board other than criticism of others' posts. Absolutely nothing.

Such a successful business man yet here you are, bullying people all the time, day after day. Why aren't you exploring the Greek isles with all that cash you've made?

I, as any right minded person would do, question your claims.

Stebol, getting back to your post... on the 3rd May we witnessed a smash and grab at 8.5p when the highest point was 6.3p - done in less than 60 seconds. MM made a raid - simple. 1.7 million stops. No idea what the value was but they obviously got what they wanted. Bear in mind all sells don't go to purchasers outside of the mm's. They have accounts too.

ambasteir.

"thankfully you are here then, with your encyclopaedic knowledge, you will be able to keep everyone informed. thankyou for your selfless contribution on here"

all the long time investors that post on here with misguided glee, do so because they are fearful of losing out on what, over time, they believed to be a dead cert. i agree, i'd be the same, especially if i'd missed the opportune time to sell at 37p. what we are now witnessing is a mass formation psychosis. the conditions for that are being met. investors here are worried and they are getting no solid reassurance from mr day. and because of that, they are finding a misguided reassurance from the "positive shpeel" that the long time investors espouse. those long time investors, as witnessed, continually mask their frustration and anxiety with aggressive posts in response to perfectly legitimate concerns that are raised. those good souls that prefer not to post, do so with good reason - they are perhaps fearful of being shot down or ridiculed. they reach a point whereby they feel their interest becomes less important than the long term holders. the illogical and unaccepting rhetoric of these people has destroyed this board, yet they will not accept that.

all this green binning and what not is, to some extent, confirmation of a lack of acceptance to be questioned. and when that happens, we know it is because they have no legitimate argument.

that said, i do enjoy the spats that go on here, recently notable being tymers v napthman and mh01 v cullpepper... lets face it, in these quiet times we would all be bored ****less - lets just take the amusement on the chin.

It seems to me that there are a lot of posters on here who have absolutely no idea about what is going on, not just with Greatland, but more concerningly, how a stock market works!

Stebol,

"Hi Red - agree with your comments but changed the heading in case the 'litter' use it as a negative.

All thoughts of breaking 7.5, 7,6 blah blah will be dust once the mother of all RNS lands - and it will - possibly within the next month or so. Keeping the faith along with many others - not long now"

So changing the heading prevents "litter" using it as a negative? Wow!

All thoughts... will be dust... mother of RNS... and it will... possibly within the next month or so -

And the factual evidence of that is?

Exactly - none. Yet when I and others try to point you and your ilk in the right direction we are ridiculed. what's the difference?

Hi Redirons,

"17 times today we hit 7.50p but couldn’t break past it"

The algorithm placed at 7.5 a few times, it also placed at 7.6 and 7.7.

We didn't rise to "7.5" through buying pressure - it was simply a searching algorithm.

It's also noteworthy that at any time the Algo placed at 7.5 or above - all we saw were sells.

Goodnight all

Markj - PFS and MRE's are not "bankable" as we are seeing played out here. Nothing from Greatland to suggest otherwise.

Cheeky - major error? not at the time of investing.

Iseo935 - you have an answer to my question?

Spades, I have no suggestion or inference that GGP board aren't experienced enough to run a mine. And no doubt when they were enticed to join the company they had no idea that the LCA was a serious issue.

Of course I'm invested, do you for one moment believe my life is so empty that I rock up here and start complaining about lack of transparency? Like I said before, I don't want to sell at a loss.

As for posting utter nonsense - that's simply not true is it? I ask legitimate questions and the like of you seem to find some satisfaction in abusing. I'm sorry Spade but I shall no longer be responding to anything you say, it's obvious, as has been said before by many, you are a bully who does nothing but attack. I wish you well, and that's where it ends.

Trippytaka - I suggest you read your post - absolutely nonsensical, I don't mean to come across as offensive.

MH01 - absolutely.

Markjphennesseyg, I appreciate the link. I've given it a quick scan and as far as I can see there is no mention of a huge lode that, attractive as it may be, can't be viably extracted - financially speaking.

spade, if i may call you that? none of us on here know jack**** about the ins and outs of others.

i have backed myself and my beliefs all my life. i've always been resourceful and spirited enough to follow my ambitions, and most of the time that was done alone - all risk on me.

cheeky, if i may call you that? "... wont listen or believe anything anyone states on here..."

yep, you may be right, they are all my friends looking out for me and they all have the ear of mr day. they all have an inside take on what's going on. i can't for the life of me understand why i just don't accept what i'm told.

"you obviously find it much easier to keep your head down instead of standing up and being counted"

I'm standing up my friend - that's obvious surely?

"But I’m sure you and your buddies already know that". - You're mistaken, there seems to be a rolling belief on here that anyone who dare raise a negative - they automatically fit in the frame of the "shorting cabal". I think it's quite obvious I have no buddies here.

I have a lot of money invested in Greatland and I think it reasonable to question what is going on.

SpadesAspade I congratulate you on your achievements. But can I ask that you find some of that old spark, determination, and firmness of purpose that built your company and put all of the aforementioned strengths into ensuring we are not all blind-sided.

Benrumpson1 - you've always come across as a decent person - cheers

Hannahjack1 - Hi

Lee1235 - my posts are not stupid. Lets run through your response...

Debt - secured against what? A huge amount of gold that currently we can't get to?

Equity raise - not unless Mr Day is up-front about the LCA

Backing of investors - as above

Dual listing on Asx - not a blooming chance - we currently have nothing solid to offer

Royalty agreement instead of upfront payment - on a heap of gold we can't get to

Agreement to pay after gold is produced, less likely but still not impossible - again, gold we cant get to.

CheekyChops1 - I'm smiling - thank you.

SpadesAspade - " ... it didn’t stop me getting a mortgage to buy a house" - because you had an income and the lending wasn't 100% thereby giving the lender collateral.

"borrowing money from lenders to help buy machinery for a business... and then borrowing even more to build up a successful BTL property portfolio" - you obviously had a solid business case, and no doubt the lenders carried out their own "feasibility study"

"Surely you’ve heard the expression “Speculate to accumulate”, and that’s what banks are there for. Without the likes of many people like me, the banks business model would fail. The reason they exist, is to provide finance for individuals and industry to go forth and develop more wealth". - yes I have. If I were to approach a lender with - "I have access to 200 donkeys and I'd like to put them on Blackpool beach front, but they are in Portugal, I dont know how old they are and to be honest I don't know if they actually exist, I'm confident though because the company that owns them say all is good".

"People who say the sort of things like what you have come out with imo are just losers. The question isn’t about having no money, the question you should be asking is, how do we get the money to do the things we want ?" - Yes, how do we get the money to do the things we want? Surely there has to be a viable/reasonable chance of return? I don't think a lump of gold we can't get to would swing any lender?

"With a probable mine development with 8.4 million ounces of gold worth at current value $19.3 Billion after being mined, then I for one can’t see a problem getting funding in place to see this through to production. It’s a huge sum of money being dangled in front of any prospective lender to want to have a piece of". - You use the word "probable" there is nothing probable about anything to do with Havieron or any of the other prospect we hold. Possible maybe, but definitely not probable.

"We just need that DFS & DTM sorted and it’s all to play for, whether that’ll be retaining our current 30% or going BIG and trying to buy the farm back". - I fully agree with you on this one SpaesAspade, but as I have mentioned before, Newmont are managing the project and it is on them to produce the DFS & DTM. It is my understanding that we, Greatland, have zilch to do with it?

"But I’m sure you and your buddies already know that". - You're

All this fanciful talk about us buying the extra 70% and Telfer - Tosh

We have no money.

I asked the question "how on earth are we going to pay for all of this?"

Looks like some would rather stick their head in the sand and not face up to what is happening, or rather, not happening.

Instead they choose to pile in with lots of abuse.

Imagine if those who have chosen to ignore / throw abuse / avoid answering the question - were members of Greatlands' executive team. Just ignore the issues and they will eventually go away.

Not one answer!

Come to think of it - pretty much like the current executive team!

I fully expect more abuse from the usuals who have their own conspiracy theories about me (all wrong, I might add).

And for those, I challenge you to answer the question.

Or perhaps you'd rather embarrass your yourselves with some more unsubstantiated mud slinging.

I'm on a tightly packed train at the moment so please bear with me...

Great post from Bamps21 giving us a list of GGP licences that he is aware of, along with his views on their current status.

I applaud him, along with many others I'm sure, on the huge amount of time and effort he put into compiling that post

My oh my, we do have a lot of prospective tenements.

Lots and lots of modelling, drilling, surveying, licencing, oh, and heritage surveying (sic).

Without trying to detract from his good work, I do ask myself the question - how on earth are we going to pay for all of this?

Our 40 million odd loan towards Havieron expenditure from Newcrest was exhausted over a year ago, nothing left in that pot. Not really an immediate concern since it was agreed it was to be paid back over 10 years once the gold was sold, albeit at 80% of net proceeds.

It's my understanding that the 50 million debt facility provided by Wyloo expires in 6 months time. I have no evidential reason to believe that facility wont be extended. Of course, Wyloo will be fully up to date with what is really going on with the LCA and will make their decision on extension based on what they know.

We have a commitment letter for 220 million debt facility from ANZ, HSBC and ING set for 7 years. Obviously there will be conditions attached which would allow the banks to exit from the agreement - none of us are party to those conditions but I would bet my bottom dollar on these: 1.Ability to maintain financial ratios. 2. Previously unknown risks/events arising that would be materially detrimental to the banks original risk assessment. Either way this 220 million will only ever be released on completion of a Feasibility Study and a Decision to Mine.

In our last half yearly report our company had prepared cash flow forecasts for the next 12 months, to cut a long story short, we were told that if they found themselves unable to meet any financial commitments they would raise fund through an equity raise or utilisation of Wyloo's debt facility. I suggest you take a look at the cash burn for the previous six months. That will give you a pretty clear indication of where we now find ourselves!

I'm not feeling confident with my investment at the moment - wont sell because I wont accept a loss.

As an aside, I felt somewhat miffed with Mr Days response in recent interview -

(could have been Proactive or our very own Liam) words to the effect of, we dealt with the first aquifer, we dealt with the second aquifer and we will deal with the lower aquifer in the same way - he came across as a bit to blasay for me, that or troubled?

Mr Palmer of Newmont espouses transparency (yes I know) what I would like, is a bit of transparency from Mr Day.

How long have we been held up by the LCA now? And how are we going to pay for anything, never mind salaries.

TRANSPARENCY!

YNWA91, yes, you're right in what you say. The "shorters" are not "joe public" investors like absolutely everyone who posts on here. I remember reading a piece about how the big players have systems that can jump in-between every trade made, regardless of who the broker may be.

I also heard it said (or rather read it on-line) that the "original" players are miffed that "joe public" have ruined the game.

Hence the huge surge in "shorting" they want to rid the market of "joe public" investors.

I could go on and on with my findings, but it would take forever.