Member Info for pj70

The below from one updated broker note I think sums it up well:

Overall, we think the early changes to FY26 guidance, as well as the significant beat on FY25 AISC are

symptomatic of the fact that the Greatland team is still relatively early in understanding the operation and

the quality of data inherited from Newmont/Newcrest. We think the long-term opportunity still skews to

the positive, as there’s a significant ounce base to extend Telfer’s mine life. Moreover, despite the large

quarterly swings, Greatland generated excellent cash flow this year and will be able to fund significant

investments next year from operating cash flow, which we expect to extend through Havieron’s

development.

For me this statement sums up that we will need to wait for more quarters of positive output, AISC keeps relatively steady, Telfer MRE is released with number of years further production and the FS for Haverion will help in the next 2 months.

Disappointed from the last weeks SP performance BUT am holding for the longer term as happy with the story still.

The team though at GGP will need to be doing alot more meetings with brokers the next few months to build a confidence that is not there at present !

I am starting to think that GGP needs a corporate strategy now around buyback or small dividend to change the tune of the investment community. Obviously the current gold price that may go below 4000 today is not helping but if you think that a 5000aud gold price and 2500asic on 300000 oz per year still on a FCF of 8 gives you a SP of 4.40. As we know gold price is significantly higher, asic lower and production will increase output so onwards and upwards but the SP rewards are not coming anytime soon it seems.

I still feel that Simon may know his stuff on the operational but needs assistance with his responses to investment community and several times Shaun jumped in to just validate in simple English and in a more investor positive way in my opinion.

Your comment Bamps of decades of mine life is what needs to be effectively proven up by Shaun and the team and released to marker and let’s hope that next year we move a step closer to releasing that to market and getting the confidence in the long term mine life plan as it is not there currently

Can the presentation be watched or listened to anywhere - is there a link?

Thanks Bamps for your take and your comment about not understanding i think is spot on. They don’t want any risk in my opinion and Telfer is still that to them UNTIL they get a definitive MRE and probably another site tour middle of next year to show what is happening!

James I would agree but we did not even align to the other goldies on asx today which was an uptick so not quite sure

James I would agree but we did not even align to the other goldies on asx today which was an uptick so not quite sure

Decent RNS but not quite sure why it was not liked by asx market. Sadly northern star and evolution up so broader market was positive even if gold dipped or is stabilising. There is something I feel I am missing at the moment with GGP as multiple brokers are not buying into the growth story here or current cashflow!

Nothing negative that I can see or untoward and upside on the AISC. Not sure whether the comment on permitting for haverion could be taken negatively but hope the question is asked in the presentation.

Be contrarian i do agree that his focus is on running GGP and he has done an amazing job the last 12 months so please don’t think I am taking anything away from him BUT one has to realise as a company leader we have our strengths and our limits to ability where we hand over to the experts to guide us eg IR and PR areas in particular and with the added complexity and also cost of dual jurisdiction. Looking forward to the presentation and hoping he exudes the confidence he had at the mining conference vs the presentation with the guidance being lowered in late July

Sorry but I think it does matter that a CEO in Shaun does shout about it or exudes confidence in the company he is employed by as a shared holder and part owner like most on here!

Des unfortunately the results were released at a time of a large gold price correction and actually compared to other goldies GGP held up a lot better. Fresnillo was down 12% on on day and we went down 6-7% same day so just bad timing but not the companies fault! The only thing I do think that GGP lack is investor relations and associated PR strength as they seemed to be good at that during the penny stock days when YouTube videos etc but since joining ASX it seems to have dropped off and even the RNS in the U.K. was not the same and an abbreviated down version compared to ASX which was either compliance listing rules driven OR not that interested in U.K. listing anymore. I genuinely hope it was the former!

Yes fox and have been trying to find where the initial two drilling results came from and when they are done and whether there were any others at deserts revenge but unsuccessful so far! I agree it is highly likely that we have an extension rather than a new mine and be interesting whether further drilling south of main dome will occur down to deserts revenge! ?

Bamps a few days ago I mentioned deserts revenge to you as for me it is very exciting as not only are the results good but is it an extension of Telfer?? Time will tell as proximity is very close

Bamps - so spot on - great results and every part of Telfer yielding good grades and continuity but people still not happy! I do hope that Shaun on Monday really emphasises how good the drill results were as for me the Argonaut report showing Telfer only to 2033 is probably a few years too short based on those potential grades across both pits and underground

Levantic i agree and would not be surprised if in the next 12 months and there is not a re-rating that PE will take this company out.

Obviously a leak within the SPECS

What do they know - that the gold price is down today and miners are down????

Thanks and will do Bamps. regards

Imagine the movement in this dividend over the next 2-3 years as the debt is unwound and free cashflow abounds!!

They sounds positive on the dividend and even the timing so would presume that has come from a call with the company.