Member Info for TheSnorkler

Https://www.share-talk.com/greatland-gold-join-the-asx-200-when-it-debuts-on-24-june-2025/

There are a couple of articles floating around , saying we are also on the ASX200, however I can't find anything more official.

I bet Lex Luther is behind it all.

Mechanics have the worst cars

Builder have the worst houses

It therefore makes sense that Finance companies have the worst financial systems.

I guess this is where we find out if they've sold more shares than they had!

..now that would be interesting.

As its down under..that will will be 15% up ..

So who is getting up early to watch the Live opening on ASX.

How about GGP, uses the cash to buy GGP shares, keeps them in Treasury until we need the cash for building.

Next week is setting up to be pretty darn good.

I wouldn't like to be out of this over the weekend....

I thank you (takes a bow)

Next week is setting up to

Enjoy the ride....they want your shares

Oh..and there my be lots more down there...but he will have to dig a little further.

Yeah!.. but we do have to hire a man with a spade to dig it out

He was definitely a cut above the usual doom-and-gloom brigade we get around here—less muck-spreading, more gold-digging. I’d give him a solid 7/10 for effort.

That said, he did drop the ball a bit when he leaned on the A$75 million working capital facility as the financial safety net for Havieron. In reality, Greatland has already secured a non-binding letter of support for A$775 million in debt facilities—a far more substantial and strategic backing. That’s not just a safety net; it’s a financial trampoline. It significantly reduces the need for dilutive equity raises and shows strong institutional confidence in the project.

Also, the timelines he quoted for Havieron’s development don’t align with either Greatland’s corporate presentations or the recent Argonaut research note (April 2025). According to those, the project is progressing faster and more efficiently than he suggests.

And let’s not forget the forecasted cash position—even with conservative gold pricing and full Havieron capex factored in, Greatland is expected to maintain a cash balance close to A$1 billion. That’s not exactly the financial cliff some are imagining.

So yes, a decent effort—but next time, let’s check the facts before sounding the alarm bells. Gold mining is tough enough without the extra drama.

Https://www.kitco.com/news/article/2025-06-11/gold-passes-euro-second-largest-reserve-asset-central-bank-demand-likely

Should get a good raise this afternoon.

Https://uk.finance.yahoo.com/news/3-uk-stocks-estimated-trading-063758913.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAJ6oGJ8Kg3xz4SB7JjgL-4rye53xmyRdp0kzM4gjyHk_sbLLe_vexwuI2wza06NmW8pxXpGTIv2DBe-eNoNoxi3bLEBv5KJEydnAk65N_QXfQw6Qj3esY6INq8VWp2TNUpwkN7jcEaM0By-wkuGqYIgCAMHgLqo5JEhv5cdlDebE

"Greatland Gold is trading significantly below its estimated fair value, presenting an opportunity for investors focused on cash flow valuation. Despite recent shareholder dilution, the company's revenue and earnings are forecast to grow substantially faster than the UK market. The upcoming Australian Securities Exchange cross-listing could enhance its financial flexibility and investor base. However, potential investors should consider the impact of large one-off items on earnings quality and a historically volatile share price."

..and 20 more days of drilling until the end of the FY.

Gold is still north of $3300.

I suspect the after hours prints will be juicy and will set us up for another good day tomorrow.

"23p/A$0.46 - implying +58% upside to the current LSE share price"

and only 10 days to wait.

The Broker ratings and other commentators are now realising what GGP have.