Member Info for TimberTrader

PS. WILL be factored it to any deal!

So, no surprise, whatsoever, as it always was, that Andrew Forrest will probably be involved in any deal.

As for the usual de-rampers, do you really not appreciate, or understand, that the likes of de-watering at Havieron, and Telfer issues, will not be factored in to any deal?! Are you really that ignorant?

We have one of the best, if not THE best, most experienced & knowledgeable, BOD in the exploration/mining world today, onboard at Greatland!

Personally, I'd just ignore them. they're largely clueless about business and M&A activity.

DYOR & GLA!

Absolute nonsense!

The Havieron target was first recognised and drilled by Newcrest Exploration between 1991 and 2003 with most holes displaying alteration and low grade anomalous gold and copper mineralisation.

Also, as a long term GGP'er, I'm invested!

For anyone who wants some more information on Havieron, it's history, and Callum Baxter's background in it's later explolration, you can find it in this article:

Discovery of the Havieron Gold-Copper deposit, WA

James E. Hanneson &Callum N. Baxter

https://www.tandfonline.com/doi/epdf/10.1080/14432471.2022.2103941?needAccess=true

Personally, having been invested in Greatland for many years now, and regularly researching same, along with Callum's several comments on WA geology, in general, I've taken a punt in this, as I'm sure several other GGP shareholders have too. Sure, it's high risk, and you need to DYOR, but it's one I'm prepared to take, especially with the current sp and market cap as they are now. GLA!

POG currently @ $2520, having hit a record intraday high of $2521.50...

https://s.tradingview.com/dailyfx/widgetembed/?hideideas=1&overrides=%7B%7D&enabled_features=%5B%5D&disabled_features=%5B%5D&locale=en#%7B%22symbol%22%3A%22FX_IDC%3AXAUUSD%22%2C%22frameElementId%22%3A%22tradingview_114e9%22%2C%22interval%22%3A%22D%22%2C%22hide_side_toolbar%22%3A%220%22%2C%22allow_symbol_change%22%3A%221%22%2C%22save_image%22%3A%221%22%2C%22studies%22%3A%22%5B%5D%22%2C%22theme%22%3A%22Light%22%2C%22timezone%22%3A%22exchange%22%2C%22studies_overrides%22%3A%22%7B%7D%22%2C%22utm_source%22%3A%22www.dailyfx.com%22%2C%22utm_medium%22%3A%22widget%22%2C%22utm_campaign%22%3A%22chart%22%2C%22utm_term%22%3A%22FX_IDC%3AXAUUSD%22%2C%22page-uri%22%3A%22www.dailyfx.com%2Fgold-price%22%7D

We are searching for Geotechnical Technician, who will be pivotal in managing and supporting the monitoring functions of the Telfer Open Pit and Tailings facility. This role is crucial in providing accurate monitoring data and reporting systems to ensure the safe construction of active mining areas and tailings dam...

https://jobs.newmont.com/us/en/job/986908/Geotechnical-Technician

I thought that anyone, with any interest in GGP, was already well aware that there is currently a pause in decline development prior to development through the third and final lower confined aquifer, which requires dewatering. Total development exceeds 3,060 metres including over 2,110 metres of advance in the main access decline, and there is only a small 80 vertical metres of development remaining before the decline reaches the base of the Permian cover and top of the orebody, so we've completed over 80% of vertical distance required to hit it.

Callum Baxter was Chief Technical Officer of Greatland Gold plc and was Chairman and CEO of Starvest plc. Callum was key geologist in the advancement and exploration of the Havieron Gold discovery in Western Australia, one of the largest high-grade gold discoveries in Australia over the last two decades. Callum is a member of the Australian Institute of Geoscientists and the Australasian Institute of Mining and Metallurgy.

Global Petroleum Limited has announced a joint venture with renowned geologist Callum Baxter to advance a mineral exploration license in Western Australia, funded by a share placement of £600,000 and a retail offer. The partnership aims to tap into the region’s rich mineral deposits and enhance shareholder value, with Global acquiring an initial 70% interest and the option to increase it to 80%. Global will manage the joint venture and has committed to a minimum spend of £750,000 over 12 months on exploration activities.,,,

https://www.investments.halifax.co.uk/research-centre/news-centre/article/?id=34491625&type=rns

I understand what you're saying Spades, but I don't believe, and have never believed, that it will be as simple as GGP/Newmont, Havieron/Telfer being the only scenario. I believe it'll be a bigger play, involving more party's.

Also, don't forget that Rio were in discussions with Shaun Day for 12 months, or so, prior to the Paterson South agreement. There's a whole load to digest, and I maintain that it will be multi-faceted, including even possibly state funding. However, don't as me what the various facets will be, but I'm pretty sure that Forrest/Wyloo and Rio will be part of it. IMHO.

Indeed MH01!

Nice to see others now suggesting, as I did last year, that Rio may well be a part of any play....

I totally agree Dip, and, as I implied, there are many ways to skin a cat! As as side line, I found it interesting that Shaun Day spoke well of Rio again at Diggers & Dealers last week (he was all over them last year), indicating a continuance of the Paterson South farm-in and joint venture agreement.

More from Callum..."Yes. So, you start bringing in bulk tonnes. Telfers rated at just over 20 million tonnes per annum. So, if it, if you push Havieron into a sublevel cave scenario where it's producing plus 5 million tonnes per annum and then you put Telfer ore on top of that plus Winu ore then yeah, you could be easily pushing the 20 million tonnes which is the existing capacity of Telfer and that becomes a major producer.

And also, you know, the important thing that everyone should remember is that Telfer is running now. It's already been built. Yeah, the money's been spent. It's not going to take years for permitting and engineering and getting it on site and building it. It's already there operating with multiple power plants. Gas pipeline to the coast. It is ready built, turn key, off it goes."

Thanks Dip! That remined me again of the comments made by Callum Baxter last year in his interview with Liam for GGP Help (thanks for that transcript too!):

"You know, from that initial investment point of view for Andrew Forrest, that's very, be very rewarding for him, however, is a several bigger pictures here where if for whatever reason Newcrest may decide not to continue in the Paterson, then there's nothing holding Greatland back from purchasing all the Paterson assets from Newcrest and becoming a standalone 100% producer from Telfer and Havieron itself.

And now that that's a much bigger prize for the likes of Andrew Forrest and those shareholders looking for a dividend return on an annual basis. So, you know, there's a lot of good scenarios. Also, everyone may have noticed Rio Tinto's ambivalence about the Winu deposit over the past couple of years. It was fantastic asset, but now they need a bit more time to think about it.

Maybe it's not of a scale that suits Rio Tinto to shift the needle on their underlying performance. So maybe Rio Tinto would be happy to sell that asset as well. And then Telfer becomes a central processing hub for multiple deposits on a very large scale, with infrastructure heading back to a deep-water port at Port Hedland. And for Andrew Forrest, that is what's happening with Fortescue Metals Group in the iron ore space.

Now that can be happening in the Paterson in the gold and copper space as well, and that's a potential scenario that could play out over the next few years. So, if that happens, then the dividends are going to be orders of magnitude higher, but still there'll be very nice in the near future for Greatland shareholders. But yeah, it could go big time and it'll be very exciting."

A lot going on, and. as I've said several times, IMHO the end result will probably be something that nobody has even mentioned to date!

Currently....

VanEck Gold Miners ETF - UP 3.6%

VanEck Junior Gold Miners ETF - UP 3.8%

Artemis Resources - UP 25%

Antipa Minerals - UP 4.55%

De Grey Mining - UP 7.55%

Well, let's see...

It looks like there's going to be a huge amount going on over the next few months, which will also require shareholder input. As this progresses, in whatever way it does (and, IMHO, nobody can be sure of anything right now in terms of any exact strategy), I'd expect a steady move up in the sp, largely in anticipation of what's to come, and FOMO.

As always, only time will tell, but I'm sure we'll be busy! GLA & DYOR

“What we probably want to do is understand the landscape, and then I think [ASX listing] would be a secondary process,” he said.

“But we certainly are interested in ASX, with London.”

Mr Day was bullish on the development potential of Havieron, which has an 8.4-million-ounce resource. Existing plans involve treating ore from Havieron at Telfer’s plant.

“It can be developed as a standalone asset or can be integrated into a Telfer,” he said.

“What’s brilliant is to have optionality. We think there’s pathways to successfully develop Havieron, either standalone as part of the integrated Telfer.”