Member Info for TimberTrader

I read that piece this morning, and my immediate thoughts were that, IMHO, it just goes to show how a lack of proper research, and misunderstanding of a company, it's recent news, and management style, can totally affect a viewpoint. It's vital to understand that these guys are looking at numerous companies, and just don't have the time to delve deep into each. This is especially the case, as most of us know, with Greatland, where things are moving at pace, and evolving very quickly. Also, let's be straight here, they can, and do sometimes have their own agenda and/or their companies. I'm not implying anything of the type here, but it's a fact generally.

Apologies if already posted, but there's so much crap on the BB at the moment it's difficult to see....

https://api.investi.com.au/api/announcements/rcr/e699a2f8-b7f.pdf

I know what you mean rw! UT @ £6.275, so +/- A$12.62, no change really.

The gold price in Oz Dollars has just breached A$ 6,900/oz, with a high of A$ 6,916/oz.

https://www.tradingview.com/chart/?symbol=OANDA%3AXAUAUD

Now that the gold price has turned positive again, and we're just about back to the ASX closing equivalent sp on AIM today, if the gold price continues to rise we should, hopefully, see A$13.00+ on the ASX tomorrow.

Some interesting 'takes', but, what stands out to me, and which has been stated again & again, is the likes of, "Value-oriented strategies focus on identifying mining companies with strong operational fundamentals that trade below peak valuation multiples, despite participating in the broader sector momentum."

https://discoveryalert.com.au/mining-share-momentum-psychology-2026-asx-highs/

Indeed! Still looking like some players want to take off the hands of 'weak' AIM holders, and transfer to ASX.

The ASX 200 materials sector is leading the market on Tuesday, up by more than 500 points in the first half of the day.

The S&P/ASX 200 Materials Index (ASX: XMJ) rose 2.3% to hit an eight-year high of 22,523.1 points this morning.

The materials sector is a long way out in front of the other 10 market sectors. The second best performer is real estate, up 0.9%.

A slew of ASX mining shares have also reset their 52-week highs today as commodity values continue to spike....

......Gold and copper miner, Greatland Resources Ltd (ASX: GGP) lifted 5.1% to a 52-week high of $12.58 per share....

https://www.fool.com.au/2026/01/13/asx-mining-shares-on-fire-new-52-week-highs-today/

The news: Gold miners were among the biggest gainers on the ASX 200 as the spot price for the haven asset remained high and analysts raised their near term price expectations.

The numbers: Shares in Greatland Resources (+4.67%), Emerald Resources (+4.75%), Catalyst Metals (+4.32%), Ora Banda Mining (+3.92%) and Northern Star Resources (+3.5%) were all trading higher at 3:11pm AEDT.

The spot price of gold remained near record highs having slipped just 0.04% to USD4,595.88 ($6,849.66) per ounce.

The context: The gains also follow a more bullish near-term outlook for gold from Citi analysts, who expect the current bull market to remain intact amid heightened geopolitical risks, ongoing physical market shortages and renewed concerns around the US Federal Reserve's independence following the recent subpoena of chair Jerome Powell.

Citi analysts set their base case target of USD5,000 an ounce for gold and said silver is likely to outperform gold, lifting its silver target to USD100 an ounce.

The bank also reiterated its preference for platinum over palladium and expects industrial metals, such as aluminium and copper, to perform well.

The source: Citi Analyst Report

https://www.capitalbrief.com/briefing/gold-miners-push-asx-higher-as-citi-raises-price-outlook-f89e3d32-6a89-4039-a1e6-c862eb784a69/

GGP ended today at A$12.61 (£6.28) as 5th highest riser on the ASX 200.

5.25% up on the AIM close yesterday (£5.97).

Australia, among the world's leading producers of critical minerals, has been developing a strategic reserve to mitigate supply chain vulnerabilities which it plans to make available to allies.....The Reserve will operate by securing rights to minerals produced in Australia and on-selling those rights to meet demand, giving an added boost to Australia’s critical minerals sector and strengthening reliable supply chains for our trading partners," it said.

Australia plans to introduce legislation that will expand the powers of its export finance agency (EFA) and the department of industry, which will oversee reserve-related transactions, Minister for Resources Madeleine King told a press briefing in Perth.

The reserve, originally targeted for launch by mid-2026, will be operational by year-end, King said.

The EFA will enable offtake agreements with fixed or floating prices trading in forward contracts, she said, which are those set for future delivery of physical supply.

It will also manage offtake agreements and intermediary demand and supply aggregation, as well as stockpiling and contracts for difference, King said.

Contracts for difference are a tool that helps manage price risk from when a contract begins, to when it is delivered.

Australia signed an agreement with the U.S. in October aimed at countering China's dominance in critical minerals. It included an $8.5 billion project pipeline and leverages Australia's proposed strategic reserve, which will supply metals that are vulnerable to disruption....

https://www.reuters.com/world/china/australia-critical-minerals-reserve-prioritise-antimony-gallium-rare-earths-2026-01-12/

Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion ($802 million) strategic reserve, it said on Monday, as its Treasurer Jim Chalmers prepares to join a G7 meeting to discuss critical minerals.

Australia and several other countries are joining a meeting of finance ministers from the Group of Seven advanced economies in Washington on Monday on the subject, U.S. Treasury Secretary Scott Bessent said over the weekend.

Most of the G7, which includes the United States, Britain, Japan, France, Germany, Italy and Canada - with the European Union also taking part - are heavily dependent on rare earths supplies from China. The group last June agreed on an action plan to secure their supply chains and boost their economies.

Australia, among the world's leading producers of critical minerals, has been developing a strategic reserve to mitigate supply chain vulnerabilities which it plans to make available to allies.

"The world needs critical minerals - Australia has plenty of them and our critical minerals reserve will help us weather global economic uncertainty and help to boost trade and investment," Treasurer Jim Chalmers said in a statement....

https://www.reuters.com/world/china/australia-critical-minerals-reserve-prioritise-antimony-gallium-rare-earths-2026-01-12/

Although I still don't believe that we'd go it alone with O'Callaghan's, we may have inched slightly more towards that scenario over the past couple of months. However, I still believe we'd advance it in a J/V structure, with another company, but also, possibly, with a government agreement of some form or another, possibly the likes of an offtake agreement, even at a price floor, which Shaun Day mentioned at the Town Hall webinar.

Officially at £6.00 now, in fact £6.055.

GGP ASX Close UP 4.08% @ A$11.99 (+/- £5.98), 10th Highest Riser on ASX 200.

Day Range on ASX A$11.63 - A$12.02 (+/- £6.00).

UP 5% on the AIM Close on Friday @ £5.69.

Totally agree esduk! TT

It didn't have much of an effect on Friday, when it started, so selling pressure has, at least initially, been absorbed rather than cascaded.

I had a question for anyone more up to speed on ETF's, but specifically the Sprott JUNIOR Gold Miners ETF.

The maximum Market Cap for existing index constituents in that ETF must not be more than US$ 4 Billion, according to their latest rule changes on the 22nd December. We've been above that for some time now.

I believe that the Sprott ETF tracks the 'Solactive Junior Gold Miners Custom Factors Index', which also changed to a maximum Market Cap of US$ 4 Billion recently, reflecting the same.

The next rebalance of BOTH is due in March (the last was September 2025).

Am I right in assuming that (provided our Market Cap remains above US$ 4 Billion), we would automatically then become a constituent of the Sprott Gold Miners ETF, tracking the 'Solactive Gold Miners Custom Factors Index'?

Hi Jerry! See my post RE: Who's next ? 9 Jan 2026 at 07:24.

Who knows?

WINNERS

Gold

2025 Start: US$2609.10/oz

2025 Finish: US$4367.80/oz

High: US$4449.40/oz (December 23)

Low: US$2638.04/oz (January 6)

% Change: +67.41%

If 2024 was good for gold, 2025 was a year of miracles, as the return of Donald Trump to the White House brought the very thing that gold thrives on to bear – uncertainty.

Gold first surged far beyond US$3000/oz after Donald Trump’s catalogue of ‘Liberation Day’ tariffs on April 2 tanked stock markets and sent investors flocking for safety.

But even as the Nasdaq and Magnificent Seven tech stocks recovered on AI exuberance, conditions for gold miners remained hot.

America’s debt continues to grow – just servicing its interest costs more than its defence budget – but pressure from the top is adding to calls for rate cuts from the US Fed, good for non-yielding gold.

While some way off the 1000t levels seen in the previous years, central bank buying remained strong at an estimated 755t by end-2025 according to JP Morgan. Its number crunchers are tipping US$5055/oz gold by the end of 2026, with a return of investment demand in the form of ETF buying providing more steam for the precious metals.

Combined demand is expected to average 585t a quarter from those two sources, JP Morgan says, above the 350t equilibrium pointed needed for gold prices to rise. Each 100t beyond that pushes gold up another 2% QoQ.

After a 67% gain (on LBMA PM prices) – gold’s best year since 1979 – how far can it run in 2026? The US assault on Caracas shows geopolitical risk will remain heightened this year, with bullion already rebounding to US$4440.92/oz.

ASX miners have enjoyed outsized gains – cash generation from Aussie miners excluding Newcrest passed $1bn for the first time in the March quarter according to Euroz’s Michael Scantlebury and hit a record $1.59bn in the June quarter....

...Mid-tiers like Ramelius Resources (ASX:RMS), Regis Resources (ASX:RRL), Greatland Resources (ASX:GGP) and Ora Banda (ASX:OBM) also surged, while developers including Meeka Metals (ASX:MEK), Predictive Discovery (ASX:PDI), Medallion Metals (ASX:MM8), Antipa Minerals (ASX:AZY) and more stormed to new highs....

https://stockhead.com.au/resources/up-up-down-down-was-2025-the-year-the-new-mining-boom-began/