Member Info for TimberTrader

A I've posted several times in the past year, or so...

"We do review all emails we receive about suspected market abuse. However, we operate under statutory confidentiality restrictions, and we do not provide feedback or confirm whether we are taking further action."

https://www.fca.org.uk/markets/market-abuse/how-report-suspected-market-abuse-individual

I thought it might be the Russkies!

Yup, ii trading platform back up again now.

Just after 8 am this site was down, ADVFN was down & ii is still down?

With late trades we're now up to 41.25 million trades, just 1.25 million short of the year to date high of 42.5 million on the 27th May.

At 38 million trades today I believe it's the 2nd largest largest volume day so far this year. Last highest was 42 million on the 27th May.

He also added on the 9th June, "I think what we can say is, yes, since this has been initiated, we're closer to the end than the beginning of the process, which is really encouraging." (Thanks to Dipp!)

That said, Shaun Day did say back at the end of April that "at some stage an independent valuer will likely be appointed to come in, and I think that is months away rather than years away from being resolved."

@ Freddie2 "Exactly tt but if its not price sensitive could he at least say at what stage it is at presently"

I personally wouldn't expect to be told anything about the status in this type of negotiation until it's finalised, either by agreement of both parties, or the arbitrator.

Even if Shaun Day wished to say what stage it was at he'd have to get the agreement of Newcrest Mining, and probably the arbitrator too, if and when it goes to arbitration.

@ Aquakidd "Exactly, where are the arbitration results?"

We don't even know if the matter has even gone to arbitration yet, let alone if the arbitrator has made a decision!

What arbitration results?

@ Aquakidd I'm quite sure that Sham Day isn't 'dithering', but is totally decisive in what he's doing currently, which I'm sure will be in the best interests of the shareholders. TT

Hi Tig, the main problem with any complaint to the market abuse team at the FCA is that they operate under statutory confidentiality restrictions, and don't provide any feedback or confirm whether they are taking further action.

However, I guess that the more people that complain, the better chance that they'll investigate any abuse.

https://www.fca.org.uk/markets/market-abuse/how-report-suspected-market-abuse-individual

Oh, and by the way, Greatland Resources is purely a 'Trading As' business name, for Greatland Pty, Ltd.

PS: Before anyone asks (likely), Greatland Gold PLC, has a wholly-owned subsidiary, Greatland Pty Ltd, which signed the original agreements, including the joint venture agreement for Havieron, and the JV agreement for the Black Hills and Paterson Range East licences (the Juri JV and Farm-in agreement), and also, the loan agreement for Havieron (the Havieron loan agreement), with Newcrest Operations Ltd, a wholly owned subsidiary of Newcrest Mining Ltd.

Well, someone clearly has to keep track of all that gold coming in...

"Greatland is a leading mining development and exploration company focused on precious and base metals. We are developing the world-class Havieron gold copper deposit in the Paterson region of Western Australia while delivering multi-project exploration programs in?a?low-risk?jurisdiction. Our flagship asset is the world class Havieron project which is under development and located approximately 45km east of Newcrest’s Telfer gold mine."

Sure, part-time, but building up, as we all know, where this is going!

https://www.seek.com.au/job/57412520?type=standard#sol=0efed36f8d70565a10e88ec4d786291eb5dd4f6b

Bamps header, "A quarter of Havieron is ginormous", is, probably, IMHO, still, maybe, short of the mark! There is every indication, possible, that, increasingly, Havieron will prove to be one of the biggest mother lode(s) for a considerable time!

All I can say,IMHO, is, be prepared! TT

PS...We all know, including Shaun Day, that the 25% is a COMPLETELY & UTTERLY DIFFERENT ISSUE!

Please excuse the BOLD, which I rarely use, but, maybe it's necessary here!

Please do your research, and thank you, as always to the amazing contributors on the BB. We all know who they are.

That all said, it's patently clear where this is going medium/long term, as one of, if not the biggest, gold/copper motherlode(s) for at least one, if not two, or more generations!

TBH, this 5% has been done to infinity, and probably beyond! It's really not complex, in that we just don't know all of the T&C's facts! Therefore, it's basically, still, pure conjecture, on everyone's part!

What most people still seem to be misunderstanding, IMHO, is that the T&C's for the 5% is not clear, and unless you know, EXACTLY, in precise legal terms, what the actual T&C's are, it's pretty pointless, apart from a personal view!

We all know how clearly frustrated Shaun Day is, at having to negotiate, the 5%. It was written into contract, and possibly not in the best legal terms (IMHO), well before his employment.

We can go on, forever, throwing figures around, but, unless we actually know the legal T&C's that were agreed, including, most importantly, the specific terms in arbitration, it's all conjecture.

As most of us know, Shaun Day, and indeed myself, want to get this over and done with as soon as possible, BUT, with the best interests of the GGP shareholders up front, as far as is possible, under the constraints of the original agreement!

DYOR & GLA

Nice post Dip!

That said, I just can't understand the, increasingly, largely based now, social meeeedya view, that a company should be informing their shareholders of every little stage in a crucial negotiation! That's NOT how it works!

We'll be told, quite correctly, when the 5% has been resolved, not before!

The trust is in Shaun Day, who I know, although frustrated by the past agreement T&C's, will do his utmost best to get the best outcome for the shareholders!

But, please don't expect a running commentary! That's NOT how these things work, and thankfully so too!

DYOR!