Member Info for TimberTrader

If anyone missed it, I posted their last quarterly activity report (up to 31st March 2023) a few weeks ago, which updated their activity at Firetower & Warrentinna:

https://wcsecure.weblink.com.au/pdf/FG1/02658630.pdf

More ammunition to give the shorters increasingly squeaky bums!

Further coverage:

https://www.mining-technology.com/news/greatland-gold-rio-tenure/

https://www.miningweekly.com/article/greatland-to-earn-into-rio-tintos-paterson-south-tenure-2023-05-30

https://www.australianmining.com.au/greatland-and-rio-tinto-team-for-gold/

https://www.miningnews.net/capital-markets/news/1453756/mining-briefs-greatland-beacon-and-more

https://euro.eseuro.com/trends/437273.html

Https://www.dmp.wa.gov.au/Geological-Survey/EIS-Government-co-funded-1433.aspx

Https://wishbonegold.com/wp-content/uploads/2023/05/WSBN-RNS-230531-Wishbone-wins-Government-Co-Funded-Drill-program-for-Cottesloe-m5p1.pdf

As Greatland Gold continues to advance its Havieron joint venture project, the company has teamed up with Rio Tinto to explore a project just next door.

The tenements – known more broadly as the Paterson South project – have Greatland Gold believing they could be “Havieron lookalikes”, with a Rio Tinto farm-in set to aggressively explore the prospects over the coming years...

https://www.australianresourcesandinvestment.com.au/2023/05/31/greatland-and-rio-tinto-to-explore-havieron-lookalike/

For anyone who missed it earlier today:

https://twitter.com/shaun_day_/status/1663430050467946496?cxt=HHwWgIDRraq02JUuAAAA

Https://twitter.com/shaun_day_/status/1663428298234527745?cxt=HHwWgoDQmavO15UuAAAA

Greatland Gold inks deal with Rio Tinto for Australia expansion

https://www.mining.com/greatland-gold-inks-deal-with-rio-tinto-for-australia-expansion/

US markets about to open. We may see some more action...

There's a rumour going around that Halfords have put in an emergency purchase for bicycle clips! ;-)

Apart from announcing that it has the support of ANZ Banking, HSBC Bank and ING Bank in an Aus$220m seven-year funding line for its Havieron gold-copper project, the Western Australian gold prospector has declared its latest connection with Rio Tinto Exploration, the wholly owned subsidiary of Rio Tinto.

Greatland Gold (LON:GGP) has entered into a farm-in and joint venture arrangement with Rio Tinto to accelerate exploration across 1,884km² of highly prospective tenure within the Paterson Province of Western Australia, which is located near its world-class Havieron gold-copper project.

The tenements are an outstanding package, which host several underexplored anomalies which Greatland considers to be the closest to a Havieron lookalike within the Paterson Province....

...The Greatland Gold share price rose 12% to 8.10p upon the news, before easing back on some profit-taking to be 8% better at the current 7.8p, at which it is capitalised at £390m.

It has been suggested that this morning’s news could well have caused embarrassment to investors holding ‘short positions’ in the stock, which would further encourage a higher price in reaction.

https://ukinvestormagazine.co.uk/greatland-gold-rio-tinto-exploration-farm-in-could-catch-out-the-shorters/

Https://www.share-talk.com/greatland-gold-plc-farm-in-to-rio-tintos-paterson-south-tenure/

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has expanded its acreage in the Paterson region of Western Australia with the acquisition of 1,880 square kilometres from Rio Tinto PLC (LSE:RIO) via a farm-in.

The tenements are an outstanding package, Greatland said, and host several underexplored anomalies similar to Havieron, its existing gold discovery within the Paterson province.

Greatland already holds licences adjacent to the properties through its exploration joint venture with Newcrest, which is also its partner at the Havieron development....

https://www.proactiveinvestors.co.uk/companies/news/1016353/greatland-gold-expands-acreage-around-havieron-with-rio-tinto-farm-in-1016353.html

"Havieron decline continues to go well....we continue to observe (accelerating mining rate)...we remain confident top of ore body March (2024)"

Rio has drill ready targets! No hanging around - Next 2-3 months!

I wonder where the de-rampers and moaners will be today, who said that Shaun Day and the team weren't doing anything and should be telling us everything that was going on in the background?!

Letter of Support received from existing relationship banks to enhance and extend financial flexibility

"On 12 September 2022, Greatland Gold plc (AIM:GGP; Greatland or Company) announced that it had signed a commitment letter, including a terms sheet, for A$220 million seven-year debt and associated hedging facilities with a syndicate of leading banks: Australia and New Zealand Banking Group Limited (ANZ), HSBC Bank (HSBC) and ING Bank (Australia) (ING) (together, the Banking Syndicate) (Debt Commitment Letter). Further to this announcement, the Company is pleased to advise that it has received a Letter of Support, from the Banking Syndicate in respect of the proposed debt and associated hedging facilities (Letter of Support) which supersedes the Debt Commitment Letter...."

Https://polaris.brighterir.com/public/greatland_gold/news/rns/story/w9j05ex

Https://polaris.brighterir.com/public/greatland_gold/news/rns/story/r77q27r