Member Info for schlemiel

I wonder if Wyloo's eyeing up other deals?

News out

We 'ain't going nowhere until this pain up the aaarrsse seller moves on. When he does this should spring and that spring will be noticed by the wider market

When is the seller gonna feck off, excuse mi French?

I think it's admission to a listing on AIM rather than Wyloo being given permission following the listing to sell its stock

Pilbara Ports Authority: Consent has been received from the Pilbara Ports Authority to the transfer of the Crown Lease at Port Hedland relating to product export facilities utilised for the storage and export of Telfer copper-gold concentrate.

Completion of the Acquisition remains subject to satisfaction (or, where applicable, waiver) of the remaining conditions described in the Admission Document.

Greatland and Newmont have agreed to target completion of the Acquisition by early December 2024. This target date is based on the current status and expected progress of the outstanding conditions precedent and will continue to be assessed. The Company will provide further updates as appropriate.

Greatland is delighted that Telfer employees have accepted offers of employment by Greatland, securing the transfer of a significant and highly skilled Telfer workforce, and preserving the existing capability, expertise and knowledge to enable continuity of efficient operations following Acquisition completion. Greatland has appreciated excellent engagement with the Telfer workforce to date and looks forward to welcoming them into the Greatland organisation from completion.

Finalisation of the A$75 million working capital facility and A$25 million contingent instrument facility with the banking syndicate ANZ, HSBC and ING, as contemplated by the Commitment Letter entered into on 10 September 2024, continues to progress. The facilities are expected to be finalised and executed by the end of November 2024.

Greatland Managing Director, Shaun Day, commented: "We are delighted to be nearing completion of Greatland's transformational acquisition of Telfer and Havieron. The significant and collaborative efforts of the Greatland, Newmont and Telfer teams have enabled the continued progress towards the satisfaction of the transaction conditions and our integration work. We congratulate Newmont on the successful restart of processing operations and are excited to take over in a matter of weeks and emerge as a significant Australian gold and copper producer, with completion targeted by early December 2024."

Greatland Gold plc (AIM:GGP) (Greatland or the Company) announced on 10 September 2024 that certain of its wholly owned subsidiaries had entered into a binding agreement with certain Newmont Corporation subsidiaries (Newmont) to acquire, subject to certain conditions being satisfied, a 70% ownership interest in the Havieron gold-copper project, 100% ownership of the Telfer gold-copper mine, and other related interests in assets in the Paterson region (the Acquisition).

Completion of the Acquisition is subject to the satisfaction (or, where applicable, waiver) of a number of conditions precedent, which are summarised in the Company's Admission Document dated 10 September 2024 (Admission Document) (refer to Part 2, paragraph 2, on page 41).

Greatland is pleased to provide an update on the significant further progress that has been made towards satisfaction of the following conditions precedent to the completion of the Acquisition:

§ Telfer Tailings Storage Facility 8: Remediation of TSF8 has been completed by Newmont and confirmed by the Telfer Engineer of Record, and Newmont has achieved the required 14 days of consecutive processing at Telfer, such that all conditions precedent related to TSF8 are presently satisfied. Telfer processing operations are running to plan.

§ Foreign Investment Review Board (FIRB) approval: Newmont has been granted foreign investment approval by the Treasurer of the Commonwealth of Australia for the issuance of Greatland shares to Newmont pursuant to the Acquisition. As previously announced, Greatland has also received its required FIRB approval for the Acquisition.

Https://uk.advfn.com/stock-market/london/greatland-gold-GGP/share-news/Greatland-Gold-PLC-Acquisition-of-Havieron-Telfer-Update/94918449

NM

Due to GKP if all goes well ie law passed through Iraqi Parliament and a suitable payment mechanism is implemented?

tks

'With a gross operating cost in the realm of $3 (£2.54) per barrel (bbl)'. GKP cost/bbl. i'd say $16/bbl represents huge margins for gkp

Https://www.energymagazine.com.au/nt-gov-backs-beetaloo-gas/

It's the free float that is consequential

'we can see the horizon'

We can the horizon. SEE is now as close to the prize as it as ever been. Yes, a few months but I've been in and out of SEE like since its listing. I mean, I even have dreams of driver monitoring.

I've got 500k here. I'd be happy with 10p or a little more, I'm not greedy

I think that in the short term there will be such demand for its technology that its average selling price (ASP) will not drop significantly even as volumes expand. Moreover, that ASP is, I believe, already at a significant premium to its competitors.

The upshot is that within the next 6 months, as SEE speeds towards 4m cars on the road with its technology, SEYE will be left in the dust, alongside Tobii and Cipia – which must be feeling the pain from the economic collapse of Israel.

Seeing Machines itself has previously stated that it expects to take around 40 per cent of the global passenger car market for DMS by volume, 50 per cent by value. I’ve long held the view that 75 per cent by value is possible and I think this news from Euro NCAP confirms that there was a sound reason for my holding onto this stock, despite experiencing a roller-coaster ride.

As OEMs, Tier 1s and fund managers realise the implications of this news I expect increased buying of SEE stock as it brushes off misplaced investor concerns. This should push the price up significantly.

Call me paranoid but over the next 6-8 months I believe private investors should beware market makers shaking the tree in order to acquire their shares cheaply for institutional buyers.

Of course, do your own research as this is only my opinion. Maybe my prediction of a 75 per cent market share of the global DMS market 8 years ago was a fluke.

The writer holds stock in Seeing Machines.

https://www.safestocks.co.uk/2024/11/13/euro-ncap-pushes-for-quality-dms-as-provided-by-seeing-machines/

Following the publication of the 2026 Euro NCAP safety protocols, Seeing Machines is on the cusp of a significant re-rate as OEMs and Tier 1s race to meet higher performance requirements for driver/occupant monitoring.

The two documents can be viewed here, courtesy of Colin Barnden, Principal Analyst at Semicast Research:

Driver Engagement:

Occupant Monitoring:

The significance of these documents appear to have passed many investors by. However, no less a figure than Richard Schram, Technical Director at Euro NCAP, has confirmed to me that from January 1st, 2026 a new passenger car will not achieve a 5 star Euro NCAP safety rating in Europe unless it has a driver/occupant monitoring system that meets the criteria specified in these 2026 protocols.

The implications of this news are huge for any OEM wishing to sell new passenger cars models in Europe. This is because, even though driver monitoring is mandatory in Europe from July 2026, Euro NCAP is effectively “pushing for higher performance than the regulation does”, according to Schram.

This is great news for Seeing Machines as, being the most technically proficient provider of DMS/OMS with a fast to implement rearview mirror system, it offers the most realistic solution for many OEMs in that timeframe whose premium models will certainly require 5 star safety. [Elon Musk are you listening?]

I’m therefore anticipating a raft of extensions to existing contracts as well as new contracts to secure its services via Magna, but also via its other partners over the next 6 months.

cont

Which DMS-OMS companies are the autos gonna turn to to fulfil their DMS needs? Surely they're gonna be looking for companies like SEE that have a proven track record with blue chip auto makers...

Https://medium.com/anyverse/in-cabin-monitoring-navigating-europes-safe-driving-new-standards-e0866e73fdde

Yes, great news. Just a matter of time now.