Member Info for TheSnorkler

We are actually in Q4, not Q2 as the financial year ends in June. Hopefully we won't have to wait until October to get the final results.

I expect Shaun will be pushing to get the results out quickly so all the share summary boards will reflect the true profitability of the company.

One of the coolest haulage ideas I heard for other industries was ulthe use of electric trucks to haul lumber (I think) down mountains.

As the trucks came down (full) they should generate enough electric to get a free ride up (empty).

Of course prob not applicable to us....but sounded cool.

"multi-decade mine life"

This the best broker note I've found recently. I find the analysis rather useful.

The Net cash position graph on page 3 looks strong and shows the power of the GGP money making machine.

25p, Buy Recommendation

https://research.argonaut.com/wp-content/uploads/2025/04/20250415-Greatland-Gold-3QFY25-Result.pdf

Above $3333 and climbing. We should see some nice +ve SP action.

Cash in Bank atm should A$600m and only 16 trading days until ASX.

We could be scratching on the door of A$300m/£140m FCF for the quarter. Cash in the bank would be ~ A$700m/£330m, however my assumption it will be slightly less as we edge into the lower grades.

It could of course be a lot less if the work on ventilation shafts has started and we are making capital investments in Telfer/Havieron.

I think £8bn MCAP = 60p SP (old money) in 2-3 yrs, assuming 6yr Telfer mine life and Havieron built is possible, and a gold price above $3200

So Trumps Revenue generating Tariffs are blocked and the large tax cuts budget has been approved... I can't see a problem here.

Hold for Gold

Thanks Napthman for that. Enjoy the rest of your day in the pub ;-)

OK my stupid the question for the day...

Why are we doing a FS study at this stage when 80% of the mine is built? (I've only been here for the last 6 months !).

Will large AUS pension funds start to load up via AIM prior to ASX to avoid the inevitable SP rise?

Newmont NOL has executed a SaleCo Deed under which Newmont NOL irrevocably offers to sell the Sale Shares to SaleCo

free from encumbrances and third-party rights, conditional upon the UK Scheme occurring and ASX confirming the Company’s

admission (subject to usual conditions) to the Official List. The sale of the Sale Shares by SaleCo under the Offer remains subject

to SaleCo’s nomination as to the number of Sale Shares (if any) which it will acquire from Newmont NOL to sell and transfer to

applicants in accordance with the SaleCo Deed, which decision will only be made at the time of the Institutional Offer bookbuild,

having regard to Offer demand and expected pricing. See Section 13.2 for further information.

Tomorrow

Https://www.msn.com/en-au/money/markets/canaccord-12-billion-ready-to-flow-into-gold-explorers-and-developers/ar-AA1FeaUf?ocid=BingNewsSerp

Gold above $3,300 30Yr, US 30yr Bond above 5.1%, Trump in the House

ASX prospect landing tomorrow

Only 19 trading days on AIM before ASX.

No Debt

$2m a day cash.

Strap in , remember to hold and see you on the other side

Yep 5+yrs down the line. Antipa are literally not going anywhere. It will still be there then and in need of a plant. Let them keep digging.

Doh! ta

I noticed from the May company presentation that we are due on the 23rd May the ASX Listing - Australian prospectus lodged by Greatland Resources with ASIC and ASX.

What are we expecting from the ASIC as I assume we won't have the Havieron Feasibility Study to lead into it.

The 100 day moving average gold price is just passing above $3000.

and we only have 22 trading days on AIM before ASX

https://www.investing.com/technical/commodities-moving-averages

For those who would like to find out more on Basel III and what it means for gold to be Tier 1.

I found this ....(I had no ideas previously)

https://ainsliebullion.com.au/News-Resources/Article/Gold-as-a-Tier-One-Asset/ID/7627#:~:text=With%20its%20full%20adoption%20in%20the%20U.S.%20set,a%20tectonic%20event%20for%20the%20entire%20gold%20market.