Member Info for sandgrounded

Tiggerman, if you are a shareholder of Newcrest then yes I would agree with you. You can challenge the board if you wish.

Whilst Newcrest are our j/v partners, we must leave it to the Greatland Board to ask those questions. People can send in emails to Shaun Day about it, but if we believe in him, then I am sure he and his advisors are working as hard as they can to get the best deal for us and I don’t 5hink diverting their attention from that aim is a good idea.

We are all frustrated by the lack of information, but we need to be patient.

I think Newcrest could be a takeover target themselves, especially with unrest about the dividend payout and the amounts spent on early developments and the amount of gold mined.

With this in mind, I wondered whether Sandeep is keeping some powder dry in case of a low ball offer. He could surprise the possible predators by publishing the MRE2 valuing first Havieron and as a result Newcrest much higher.

Who knows, but we must wait patiently to see how this 5% FMV develops.

I can just imagine Newcrest going to arbitration with out of date data, only to be met by Shaun and his team with all the calculations for MRE2.

Now which one will the arbiter choose lol!

Exactly and if you could spare a few quad lol.

JB, the markets don’t like uncertainty and tonight’s actions by Russia will certainly cause that.

I think all stocks will take a hit at first, but defensive stocks such as gold companies should begin to rally after the initial shock. IMHO.

I think people should hold and not be panicked. A few games by the MM could u settle the nerves.

Gold up $10 on opening. Flight into safe havens such as gold. Stocks I should imagine will get hit tomorrow including GGP.

At this low sp, there is a great opportunity for people who haven’t used their isa allowance, this year.

Would be nice to see Shaun issue an Rns, stating they are compiling their own JORC measurements for MRE2, to assist with the FMV negotiations for Havieron.

Whether he will be able to publish the results, I am not sure, as there may be something written in the j/v agreement to prevent it.

However it would hopefully embarrass Newcrest into publishing their own MRE2.

SAS, that’s what my missus tells me. ;0)

You would think the Havieron j/v rules would have some kind of complaints procedures to deal with these type of problems.

Some people within the mining industry have mentioned that Havieron probably contains over 20 million ounces. Shaun Daycwhen asked about it, could obviously not comment on it, but didn’t deny it.
Until Newcrest produce proper figures for Havieron, I will be referring to it as 30 million plus ounces.

If it repeated enough times, maybe the message will get through.

We need to promote Havieron as much as Shaun and the bod are doing.

At what extra cost to Greatland, if they have to do a duplicate resource estimate to JORC standards. The only one should be done at the J/v’s expense.
, and it hasn’t bee (yet).

As we approach the weekend, will the Russian/Ukraine tensions ease or ratchet up?

Will traders want to be caught on the wrong side of the action should Russia withdraw/ attack.

I think by this afternoon and evening, gold will have moved to cover and we could see a good increase in the POG.

No one wants to see this conflict escalate, purely on humanitarian grounds, but one way or another, the financial markets will still perform their function.

The pre- Feasability study was based on a fraction of a fraction of Havieron, but was enough to trigger the 5% FMV request.

I know Newcrest wanted to get mining Havieron asap, but you have to wonder if their actions were designed to get the 5% on the cheap.

Actions since, concerning no upgrade to the resource figures, further compounds my doubt that Newcrest want to play fair. Whether any conditions on having to report information which could affect the share performance, have been broken, remains to be seen. The ASX are the ones to ask.

One final point, concerns the posters coming onto this board and spreading false information. Maybe we should take a leaf out of their book, join theHot Copper forum and ask relevant questions about Newcrest. Only we can be truthful with our questions and doubts over Newcrests conduct and what this does for their reputation.

Sorry Dip. Crossed posts.

In the last interview, this evening , didn’t SD say something about the end of February, which seemed strange considering the rns timetable.

First modern, I could only find this. Hope it helps…

“ The development of the exploration decline continued during the period with 211 metres now complete as at
20 October 2021. Planning has commenced for the first ventilation shaft which is scheduled to begin in the next
quarter2. Works to progress the necessary approvals and permits that are required to commence the development of
an operating underground mine and associated infrastructure at the Project are ongoing34.”

People were saying Newcrest wouldn’t act in a certain way as it would harm their reputation and no small gold explorers would deal with them in the future.

Last night there was no information on Havieron’s ore up to the 31st December as you would expect and as SD said this morning, the figures only go up to February last year. Mistake or disingenuous?

The MRE2 was expected for December and has still not arrived. Now the head of Newcrests is saying the MRE2 and 5% talks are not connected.

Sandeep Biswas has apologised to anyone who felt bullied during their time working at the nation’s biggest gold miner and says he is working to change his leadership style and build a more inclusive culture. Well I I am sorry Mr Biswas, ,words are cheap, but your actions at bullying Greatland Gold, is there for all to see that a leopard doesn’t change his spots.

Let’s hope others smaller exploration companies take note.

Good rns this morning from Shaun to hopefully calm our nerves.
Let’s see what happens today. Good luck holders.

So, will there be anything new for Shaun to say tonight? Seems strange that he highlighted this podcast some weeks ago. Did he feel that the 5% deal has/ would have been concluded?
He is not coming in to talk about Newcrests half year results is he.