Member Info for SpadesAspade

Napthman, short answer NO !

I’d been given the heads up about GGP from a friend, but just as WSB looks pretty good right now, I decided to hold back my somewhat largish investment in GGP until the day they entered into the JV with Newcrest.

Maybe I didn’t get the massive gains from under a penny, but my investment of £300k at just over 2p has been the best investment I’ve had to date.

Which is why I’m saying, you definitely don’t have to jump into WSB now. Once something positive is confirmed and larger companies decide to take an interest, that’s the time to jump in.

I acknowledge I’m a serious investor and not into having a £5k punt here & there, as I’ve always stated, I’m here for the Big Bucks, and still got 4 years left to obtain them from my 10 year investment plan.

As they say, there’s more than one way to skin a cat !

I totally agree Bamps, great outcome for the ones that decided to have a punt at WSB, providing they don’t push their luck too far.

The name of the game is to not look a gift horse in the mouth for too long, and take a good percentage of the profits whilst you can, in a very early stage explorer.

GGP are about as close as you can get to Havieron being mined. Even at this late stage, it’s still not nailed on, but it’s about as close as one can get to being brought online. WSB on the other hand are basically on square No 1 out of a100 in this real life game of snakes & Ladders.

Plenty up’s and down’s in Wishbones journey before they can get anywhere near what GGP have.

Good luck to all who are considering investing in Wishbone, or any other prospector in the area, because I think you’re gonna need it. For me, I’m not going anywhere in this game of ASX/AIM musical chairs, when the music stops, you’ll definitely recognise me, because I’ll be the one gaffer taped to the chair.

Spudimminent, it’s not just the government selling off UK companies, everyone who voted to let the Aussies take control of GGP are also complicit, which really pi55ed me off.

The majority here were all to eager to just let GGP fall into foreign ownership for their 40 pieces of silver (gold in this case).

This was a UK based company, and about to pay taxes into the UK coffers, now it’s Australian who benefits, definitely not us, and now they’re not happy until they relieve us of the majority of shares too.

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Regarding of this particular short on GGP, does it really matter to the people who are here to see Havieron come on stream, a big fat NO is the answer. In fact I don’t see it as many of you guys seem to do, as a negative, I see it as a positive.

Have you ever considered that this short, along with the one from Actus Ray was sanctioned by some that are already big holders here, and whose main objective is to suppress the SP so they can accumulate more without anyone noticing. I mean look at how many shares you have to hold now as a foreign entity before reporting, 5% is it, then 10%.

This could go on for a long time yet, so I’m not surprised the SP is where it’s at, especially when AIM is now just following what the ASX does.

Liquidity in Australia is still very low, and is easy to manipulate by dropping strategic bombs every time you think you see a bit of a recovery.

You only need to look at the candle pattern on the chart to see how effective it is being played. Green, green, green, green and so on, then a massive red spike just knocks it back down again. It’s literally like watching a game of Snakes & Ladders, up and down more times than a Fiddler’s elbow.

https://www.marketindex.com.au/asx/ggp/advanced-chart

If you want to make money here you can, providing you have the patience to not get to ahead of oneself. If it’s a quick buck your after, then do as Freddie says, go and risk your money on a punt that may pay off. Yes, I can’t deny how well some of the small caps have performed this year, but c’mon, they’re not in the same league as Greatland, they’re all just having a great cup run, that’s all. Whereas Greatland will be the ones lifting the trophy at the end of the day.

You only need to look at the calibre of backers here compared to the small caps, it’s just like in football, Greatland has household names behind them, not the local Butcher, Baker, Candlestick maker behind the non league team’s.

Why you may ask, because it’s here where they’ll make massive amounts of money, their not interested in a company worth £10M doubling to £20M, they’re after investing into something worth £1.75 Billion, going to £10 Billion and above.

This is a sure fire win however you see it, you just need patience !

Redknight1, I suppose it depends on how many you own. If you only own 5000 shares then yes I would agree, you might want to buy more, but if you hold 500,000 maybe you don’t need more. It all comes down to your appetite for risk.

Me personally, I have a huge appetite, but could or would I double up from here, Mmmm

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No investment advice given by myself , that’s for your own grey matter to decide !

In accordance with ASX Listing Rule 4.3A, Greatland Resources Limited (the Company or Greatland) (ASX: GGP, AIM: GGP) has today lodged its unaudited preliminary full-year final report (Appendix 4E) for year ended 30 June 2025 (FY2025).

Highlights:

Renewed safety focus at Telfer generating improved outcomes

Total recordable injury frequency rate improved to 6.0 at 30 June 2025 (14.1 at 31 Dec 2024)

Integration of Telfer operation under Greatland ownership completed efficiently and to plan

Significant cash generation from just seven months of operations in FY2025

Revenue from customer contracts of $961.3 million at an average achieved gold price of $4,785 per ounce

Net cash flow from operating activities of $601.1 million

Segment earnings before interest, tax, depreciation and amortisation of $526.7 million

Net profit before tax of $441.9 million reflecting high margin production from Telfer

Net profit after tax of $337.3 million

Strong foundation set for FY2026 plans across Telfer and Havieron

Cash and cash equivalents of $574.7 million at 30 June 2025

Nil debt at 30 June with significant liquidity available

Full exposure to the current spot gold and copper prices

Commenting on the FY2025 unaudited results, Greatland Managing Director Shaun Day said:

“Producing such a strong set of financial results from the first seven months of ownership of Telfer is a great credit to the significant efforts of our team. Our focus continues to be on the delivery of our FY2026 operational plan and progressing the growth opportunities at Haverion and Telfer.”

Kent_man, the MM’s will only have that great opportunity, as you put it, if you are stupid enough to fall for their tricks.

Don’t get fooled by all that fancy footwork, just keep your eyes on the ball.

Tom & Jerry !

We just need Spike now 🙈

Go on Fred, I know you have it in you to sell up and leave this institution as you say.

I’ll even pay your broker fees for you. It’ll be the best £7.99 I’ll have ever spent !

Molarcannine, why do you and others keep stating “ AU$490M raised at AU$6.60/share)” ?

There wasn’t A$490M raised at all. A$435.6M was paid directly to Newmont for their 10% shareholding, and the only raise that ended up in GGP’s coffers on launch onto the ASX was the A$49M that was needed to fulfil compliance.

Maybe an oversight on your part, but I think it’s important that others know only A$49M was actually raised.

Rocket if you truly believe in TA, then why don’t you sell up and then buy back in when your prediction comes to fruition !

As Vicky Pollard used to say, Yeah but no, but yeah, but no, but ?

You won’t will you, so why even post something you don’t believe will happen yourself ?

670 Million not 760

WOW Indeed dg222, you can tell immediately who the newbies here are, when they post complete BS as you have done regarding historical shares in issue up to June 2025.

I’ll give you a clue for starters before you rewrite your post.

In 2019 there were around 2.3 billion, by 2022 there were around 3.4 billion, and by June 2025 there was 13.1 billion shares in issue.

After a 20:1 consolidation, we now have 760 million.

If you’re going to post numbers, then at least get em right.

And when is a drop from 33p down to 7p only a 25% reduction ?

We actually saw a drop from 38p down to 4.7p if truth be told, but what’s a few pence matter when what you quote is just BS

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Kent Man “we should have been seeing huge buying now” !

How ? Please explain just how are the Aussie funds going to buy when we ain’t selling. The only ones here who seem to complain all the time are the traders. Investors here know the score and are quite prepared to wait for Havieron to come online because that’s historically when the SP is supposed to rocket. But if what Bamps predicts to come to fruition with further finds at Telfer, then the SP will definitely “blow the bloody doors off”.

I’ve always said I’ll be sticking around until production at Havieron gets underway, and if Telfer extends its current production forecast, then this could become a keeper for many a more year.

Sageman, I’m not entirely sure you’re correct in your theory.

The BOD’s have options Yes, but the SP doesn’t have to return to 12p before they can purchase those options. They can purchase them at anytime upto the expiry date.

Why would you purchase at 12p when you could purchase at 30-40-50p (Old SP before consolidation) guaranteeing a profit on their outlay. It just doesn’t make sense what you are saying.

If you can show me where they made these sells and then repurchased, it’d be most welcome.

I’m not categorically saying they didn’t do as you say, but I just find it very unlikely.

What most of us would like to know SC, is what is your starting line £2

And these two trades suggest what exactly ?

Freddie why don’t you go and play on the swings with the other children. Like The doors has just said, it’s a fabulous day.

Off to the golf course were I’ll take my frustrations out on a little white ball. I might even write Fred on it as a marker !

No it wasn’t over, Toby tried to cast aspersions on E1’s post by quite blatantly attacking his figures by trying to confuse investors.

Cash flow & Free cash flow are two completely different things.

If you’ve ever run a company, which you obviously haven’t, you would know the difference.

In business there’s a saying that totally sums this up.

Turnover is not profit, and that is exactly what Toby was trying to push forward.

As an example, a company can undercut any other business it chooses, but it doesn’t mean they are profitable, all it does is make themselves “Busy fools” and on the path to bankruptcy.

But yet again Fred, you just keep pushing the negative narrative that you and a few others here have been doing for far too long.

If you’ve ever want to get involved in a discussion with me regarding business, then make my day punk.

Toby, you didn’t ask E1 to explain cash flow v profit ! You asked him to explain the difference between free cash flow (FCF). Two entirely different things.

Toby1967

Posts: 41

Price: 235.00

No Opinion

RE: Evolution mining opens 8% up GGP 1.5% downToday 08:07

E1

To say your post of 3.08 is misleading is an understatement

For those who have recommended your post can you please explain the difference between underlying profit you state for Evolution and Free cash flow your quote for GGP

Free cash flow (FCF) is the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. In simpler terms, it's the cash available for the company to repay creditors, pay dividends, or invest in growth.

In other words gross profit !

Just saying