Member Info for pernickety

Hi Rotherby

I know ASX listed shares can be held in an ISA provided the platform you use is geared up for it.

Not sure about SIPPS, but possibly yes.

The problem without a UK listing is costs, which can mount up as purchases sometimes has a minimum ammount and the FX (foreigh exchange) conversions can be costly too.

At the moment there is a large number of personal investors in the UK, possibly up to 50% of GGP, and if gold keeps up, there are not much alternatives in London.

When Greatland list on the ASX and the the price goes up in Australia it will go equally up equally in London.

I know there will be big demand in Australia for GGP as it is currently cheap, but I for one will not be selling, I am looking for future dividends.

Maintaining a London listing let's UK shareholders trade cheaply, as we do now.

Hi Rotherby

If the London listing was eventually done away with I think it would present hardship for some of the UK personal investor shareholders base.

The share price would then be in Australian dollars and FX fees involved to convert back to the sterling.

Several platforms including Hargreaves Lansdown do not do Australian shares so personal investors would have to change to the likes of Interactive Investor or A J Bell or another that does Australian shares.

When Jersey based Tembo Capital took their holding in Greatland they were guaranteed a London listing, and I personally would like one to remain.

For me it is just the stigma of AIM and what they have done to shareholders here, with some having to sell.

I think, and it is only an opinion, that Greatland will become a big company that would have more creditability with a full London listing, than what AIM has become.

Not sure what sort of re rate will happen when the Telfer JORC resource and reserves come out but there should be a big change when the ASX listing happens, even though there has to be a small compliance listing attached to it.

When this listing happens in June, London and Australia will be working out of the same pool of Greatland shares and they will cheap as chips to buy on the ASX, as comparable miners over there are twice the price.

If the share price was then attempted to be continued to be held down, the demand and volumes of buying from the ASX would be great and it should not last very long.

Greatland should then be more fairly valued company, hopefully out of AIM, for a full London listing.

Hi Jerry, we are so lucky to be in gold, the timing was perfect.

Amazing resource, best jurisdiction in the world and Shaun Day who had a vision of what this will become 3-4 years ago, and assembled a great team around him.

Hi MH01

Wyloo has a nickel project in Kambalda in Western Australia, and its Eagle's nest project in Ontario, one of the most significant undeveloped nickel projects globally, but currently nickel seems to be out of fashion.

Andrew Forrest is mostly into iron ore with Fortescue in Australia and I can find nothing in gold/copper.

He is an ambitious man, and as things as they are in the world now with gold on a solid upward trend he might wish to get involved.

Not saying it would happen, Wyloo may be just in it for the money, which will be a lot for them in the future, they deserve it, as they have been very supportive to Greatland.

Wyloo may be involved in a bigger picture here as time goes on.

When Greatland were being strangled by Newcrest and we had 30% of Havieron, soon to go to 25% as Newcrest had an option on another 5%, Greatland had little or no money.

Our JV loan of 50 million from Newcrest was at 12% interest per annum which was also crippling us.

Wyloo stepped in as a Knight in shining armour and gave us a A$50 million loan and since then Greatland has never looked back.

Greatland owe Wyloo, and Wyloo will also own over 18% of Greatland when they take up their option on half of Newmonts shares @ 7.2p.

I just hope we are not taken over in the future as I am a dividend sort of guy as well as Shaun and hope to have many in the future.

If Greatland was listed in Australia at this time, instead of London, it would be much higher.

Australia understands and values miners much higher than London does

Aim is badly regulated,with MM's just making a market to suit their needs, currently trying to shake out personal investors in favour of the big boys.

The cross listing will even things out a lot to stop a lot of the stuff that goes on on AIM

A full London listing would help instead of AIM.

Northern Star paid A$5 billion to De Grey for Hemi with no infrastructure, Shaun says that Telfer/Havieron is equally comparable with better grades to Hemi, and Telfer has all its infrastructure and mill.

The ore pile at Telfer surface with reduced AISC was worth at least A$1.8 billion the last time I calculated it.

Today Greatlands market cap. is £1.04 billion which is around or A$2 billion Australian dollars which is a joke.

I just buy when I can as long as the shares are cheap but feel sorry for those who cannot.

West Dome underground for me.

If Havieron was done first there might not be enough ore to fill the two 10 million tonne trains for long enough.

West Dome will produce this ore plus other finds at Telfer, giving Greatland time to get Havieron right first time and the money to finish it with less debt.

Very tempting, they are already in the money.

Andrew Forrest taking a larger gold/copper stake in the Paterson.

Wyloo have 8.45% of Greatland just now but they also have a call option deed on half of Newmonts shares at 7.2p if taken up within 4 years of Greatlands re listing on AIM, excluding the lock in first year.

This would put Wyloo up to 18.65% of GGP and Newmont down to 10.2% when it happens.

Why would Greatland need Antipa if they can fill their ore trains from Telfer.

They have 12 quarters of free cash flow and with ongoing drilling at Telfer they will soon have 5 years.

Telfer is going to pay for the best part of finishing Havieron which makes financial sense.

There is not even a decent road between Minyari and Telfer which will cost multi many millions to fix.

Shaun thinks Telfer can be a stand alone asset.

Shaun is a man of his word and I trust him without question, in all aspects of running Greatland

Yes I also think the Telfer dual train maintenance shutdown is currently planned to commence late March.

I think in updated regulations regarding this earnings for a 3 year period rule may have changed in July 24 (read it in financial times) which may now allow Greatland a path to a full London listing if they wished.

I still cannot understand how Solgold managed it 6 or 7 years ago, they have a full listing now, previously on AIM, and have never had any earnings to my knowledge?

Stocks and shares ISA's are the way to go for me.

All dividends paid by Greatland will be tax free within the ISA, and Shaun said he was a dividend guy.

Even if they were only listed on ASX (which will not happen, as Shaun said they would retain a London listing) Australian shares can be held in your ISA with Interactive Investor and A J Bell.

And the sooner we can get off AIM, if possible, for a main London Market listing, now that the £millions are rolling in.

Samso asked Shaun if there was any other companies that might be of interest to Greatland for now.

Shaun said he was happy with what they had and would not be creating an M & A war chest .

He also said he was not the kind who would squirrel away a whole lot of cash, and that he was a dividend sort of guy who would want to put the cash back into the hands of shareholders. Music to my ears.

Thanks speedy, I could not have got that answer from a better source.

Speedy

Would the likes of Atkinsons and Chard definitely have the gold if you buy and they store it for you.

There is lots of paper gold in the world that is not there.

Probably a silly question and they are very reputable.

That is how they get shares to fill big orders.