Member Info for pernickety

You will pay 20% vat on new silver Britannias.

Pre owned ones are vat free, or under a special scheme the seller only pay vat on the profits.

Dealers tend to charge a bit more for pre owned and a bit less for new ones which evens things up a bit.

Coins are mostly pristine condition as they have not been in circulation but pre owned after you buy them.

From 1997 to 2012 the silver content of Britannias is 95.8% pure, from 2013 onwards they are 99.99% pure.

Gold Britannias are vat free.

Initially gold Britannias were 22 carat, but from 2013 onwards they were and currently 24 carat or 99.99% pure.

Gold and silver Britannias are capital gains free as they are classed as legal tender, face value of a 1 ounce silver Britannia is £2.00 and a gold one £100 but obviously worth much more.

IMO silver is more undervalued than gold just now but can be more price volatile and if buying new silver ones 20% vat has to be absorbed by the buyer.

Under the acquisition agreement (Aim admission doc. dated 10/09/24, pages 81 and 288) when Greatland bought Telfer and the rest of Havieron from Newmont it states that a 1.5% net smelter royalty will be payable by GGP Exploration Pty to Newmont in respect of mineral products extracted from M45/203, the mining lease on which the O'Callaghans deposit is located.

Newmont did not let it all go but we got an amazing deal from them.

I think Iran might produce 20% of world oil and Russia 10%, so 30% between those 2 countries.

This war is about oil, other minerals and trying to save the Petrodollar.

Buying physical silver at this time with 20% vat on new coins and dealers charging more for pre owned resulting in not much price difference between the two. Buy back prices tend to be on the low side so holding for me would be longer term not needing to sell for at least a couple of years.

It is just my opinion and not advice but I look at silver as real money and an insurance policy as fiat fails.

For anyone buying silver 1 ounce Britannias any dated from 2013 onwards are 99.99% pure, but any dated 1997 to 2012 are 95.8% silver and 4.2% copper.

Extra security features were also introduced on Britannias since 2021 stop counterfeiting attempts.

Most of this post will probably just be a repeat of others today on this board, apologies for that.

I personally voted against the takeover as i feel Solgold is worth more, but received recent communication from them which stated its top 5 shareholders are supportive of the transaction, and these shareholders (including JCHK's12.1% shareholding) represent 47.3% of Solgold's issued share capital.

Unanimous recommendation from the Solgold directors (end of quote).

We are in a commodity bull market with precious metals at the centre of it for some time to come.

I cannot understand why the likes of BHP are not interested.

HL do not do Australian listed shares either.

Not that it matters with Greatland having an AIM listing, but it is nice to know you can buy the ASX through the likes of AJ Bell and Interactive Investor.

Interactive Investor monthly fees up in price a bit in price but their FX fees have been reduced to a price now more comparable with AJ Bell.

The silver price has been suppressed by the banks flooding the markets with paper shorts for the past 40 years.

This worked fine for them as long as contracts were rolled over or settled on paper, and, the same ounces were sold more than once.

Buyers want physical delivery now (not paper) with Comex and LBMA not having the silver to satisfy demand which will push prices higher.

Silver is on the critical mineral list now and China is banning exports from Jan 26.

Traded as high as A$7.40 (£3.68p) on ASX before the usual take down to A$7.13 (£3.55p) which at least matched our close yesterday.

Hope we make progress today with gold fighting its way back up again to A$6147.61c as I print.

Would give Greatland a margin of around A$4000 per ounce,leaving put options in its wake thankfully,

Maximum upside.

You can trade on ASX stocks from the UK but it would then be in Australian dollars and FX rates (foreign exchange) apply for currency conversions to do so.

Was as high as A$8.64 (£4.20p) during the ASX trading session but sold down to A$8.38 (£4.07p) at close.

This seems to be the usual trend, keeping price lower on AIM hoping for sellers.

That has been a recurring pattern for weeks now.

Was at A$9.00 dollars mid session and pulled back down at the close on ASX.

This is to reap shares in London from personal investors willing to sell, and there are plenty.

Lots of gains to be made here as well undervalued to Australian peers, and still being held back by those that can.

Sellers are going to miss out on loads of profits here.

This is only going one way,up, at the expense of PI's, into the big boy pockets.

Precious metals and miners are one of the best ways to preserve wealth as Fiat goes down the pan.

Pj70

Interactive Investor and AJ Bell would be the main UK platforms with support that deal in ASX stocks without a London listing,

Trading 212 also does with less support ,and there would be others.

You are right Hargreaves Lansdown does not.

As it would then be in Australian dollars FX (foreign exchange) rates apply.

Trading 212 has the cheapest FX rates followed by AJ Bell and then Interactive investor is the most expensive all on a sliding scale.

Share price seems to be held in a channel and not managing to get any traction above £3.60p.

The Greatland chart previously pretty much mirrored the price of gold, but in recent times when gold went up Greatland has not made that upwards move.

Probably a combination of the short in place and MM's

filling orders.

With the short still in place and other big buyers still looking to get in, there will still be attempted suppression of the share price.

High on the ASX last night was A$7.64 or £3.76 (18.8p pre-consolidation), but taken down before the close to A$7.45 or £3.66p (18.3p).

This has been a common trend to get sellers on AIM, which they manage to do when you look at the huge amount of unknown trades shown after 4.30pm.

Will only get back to a bit of normality when short closes, but GGP well undervalued for what it contains, a high gold price, and its future.

And if big buyers want in cheaper, they will knock down the share price to accommodate them.

All the more to be made on the spread if it is millions.

Do not let them grind you down, they are after your shares to fill bigger pockets.

BlackRock and other fund managers are buying in here just now, they see it a good investment and patience is required to see out the short who has been holding down the share price.

Greatland is one of the 80 listed companies in the Van Eck Junior (GJGB) ETF and it shows as holding .8%

Found the whole list on the Invest Engine website

Howezap is correct, cross listing, one pool of shares shared

They are getting desperate.

More unknowns than buys and sells combined for the day, par for the course recently.

Share price £3.15p before 4.30pm and buys going through at 3.20p and they then drag it down to £3.07 at end of day.

Smoke and mirrors to disguise the buying every day for the past week or two, and, it is all to get their grubby hands on PI shares to fill the big boys pockets.