Member Info for TimberTrader

Indeed! Since around 1.25 PM some significant concerted buying with several good volume repeats.

IMHO, shorts closing out in a relatively orderly way, as well as new investors and/or FOMO.

12p HIT!

Short squeeze? Buying them back slowly? Who know's, but pleasing nonetheless!

I don't know about the end of the day, but ii right now are offering 11.10p to buy your shares, so we should be moving up...

Also good to see some much needed clarification of their valuation time frame...

"...today’s pricing is a great result. The implied asset valuation – and being very specific here – of the existing reserve (ie, ‘only’ existing reserves) comes in at US$1.2bn, implying US$300m / £250m, lifting to £300m with cash against ~£450m market cap of Greatland. Why we see this as a great result is that this valuation is on the existing 2.0Moz @ 3.7g/t (at spot) 4Q21 reserves."

https://sprott.com/media/5493/220721-ggp-scp-minority.pdf

THE clock is ticking for Newcrest Mining after an independent valuer this week determined the price it needs to pay if it wants an additional 5% of the Havieron gold-copper discovery in Western Australia’s Paterson Province.

Newcrest earned 70% of the project via a farm-in and had an option to acquire an additional 5% from Greatland at fair market value....(Sub only)

https://www.miningnews.net/m-a/news/1436397/havieron-valued-at-usd12b

65.5 Million, so highest one day trade volume in the past 7 months!

Just about to start!

I know that Shaun Day used some of it in the last LSE webinar, but I don't know if it was on the GGP website at that time.

Has this been posted before? Sorry, so much going on that I don't remember...

https://greatlandgold.com/wp-content/uploads/2022/07/20220721-GGP-Corporate-Presentation-Havieron-growth-setting-the-platform-1.pdf

Currently at 55.4 Million.
Last high was 60.8 Million on the 21st December 2021, which it looks like we'll exceed today.

New Hannan & Partners Broker Note

Price Target 25.8p 31st December 2022

.

Maybe 12p in the morning trade?

ii offering 10.85p to buy your shares, so looking like we should hit 11p sp shortly.

Indeed! Our MD is really getting the facts out there!

Greatland Gold’s Shaun Day joins Elisha Newell in the Proactive studio to highlight an increase in the Havieron project’s independently assessed value, which lifted the asset's value 5.3 times above original assumptions. The decision will be material in joint venture negotiations, where Newcrest Mining holds the option to acquire an additional 5% of the Havieron project. Havieron’s value was recently underscored by a 50% increase in the mineral resource and ore reserves, with more bulk mining areas set to be incorporated into the mineral estimate.

https://www.youtube.com/watch?v=3O4Yy9o5aHI

Also, if we can maintain momentum, it'll put a lot of potential new investors' minds at rest that it's POSITIVE news, in all respects, and where we're going now!

It's looking like another classic GGP two steps forwards, one step back trading day, so far anyway!