Member Info for TimberTrader

We already know why we had the recent drop, and, bear or not, I can't see any reason whatsoever for another "big fall". More likely is a big rise, IMHO.

Greatland Resources (GGP)

Retained at overweight at Barrenjoey; Price Target: $10.00 (£4.80)

https://www.marketindex.com.au/news/evening-wrap-asx-200-continues-to-slip-coles-rallied-on-earnings-and

Cheers! TT

Haven't heard from the excellent Nobby today, so thought I'd post it anyway:

$5.54 Aussie dollar vs exchange rate = £2.66 just saying.

FYI:

https://antipaminerals.com.au/upload/documents/investors/asx-announcements/250825045623_25-08-25-AntipaMediaRelease-MPDrillResults-Batch3.pdf

Https://discoveryalert.com.au/news/jerome-powell-jackson-hole-gold-market-reactions-2025/

Apologies if posted before, but I missed this one, probably because it's sub only with 'Trend Investing', but you get the gist. Maybe someone has access?

Greatland Resources: Buy The Dip In This Emerging Australian Mid-Size Gold Producer

"Greatland Resources Limited [ASX:GGP] [AIM:GGP] ("Greatland") is a newly ASX listed gold/copper producer in Western Australia. The stock price has been hurt recently due to a FY26 gold production guidance cut; however Greatland's valuation and outlook still looks very promising assuming gold prices ..."

https://seekingalpha.com/mp/1106-trend-investing/articles/6193040-greatland-resources-buy-the-dip-in-this-emerging-australian-mid-size-gold-producer

With Telfer cash flow and Havieron’s world-class upside, GGP is quietly positioning itself as Australia’s next gold-copper powerhouse.

Greatland Gold: From Explorer to Producer A Risk-Reward Power Play

Greatland Gold plc (now Greatland Resources Limited) is a gold and copper mining company born from strategic acquisitions and a clear vision to build a generational mining hub in Australia’s Paterson Province. It operates the Telfer gold-copper mine and the Havieron development project, both 100% owned.

‘After a sharp pullback, GGP offers investors a rare mix of production, growth, and takeover appeal’

‘With Havieron looming and Telfer delivering cash, this could be the most asymmetric gold play in the market today‘....

https://substack.com/home/post/p-171553287

https://x.com/SupercycleCptl/status/1958519400191218130

Guy, I've just listened again to the webinar, and thought it would be useful to put in print exactly what Shaun Day stated in terms of 'conservative' figures:

“The risk rating of the ROM stockpile has been the outcome of our budgeting process….We decided to take the decision to ensure that we were taking a conservative approach to delivering FY26 guidance. Although the ounces are potentially still there we wanted to provide a more conservative and high confidence range, and hence we risk rated the ore grade on the pre-acquisition ROM stockpile and ore that was still drilled out on that 50 X 50 spacing. With that ROM stockpile the majority ROM stock will be processed in FY26 year. In terms of FY27 the ROM stockpile is anticipated to be a small component”.

Yes, and, as I certainly didn't miss, although it could easily have been, what Simon Tyrrell stated in the report webcast, when he called the revised grades "conservative", which would be the correct thing to do, as you wouldn't want that to come back and bite you later. I'd hope, but of course, we will only find out later, that they are not that much lower than first estimated. As always, only time will tell.

Following on from what Blake Hendricks stated recently, the latest fund report on the Firetrail 'Australian High Conviction Fund' reiterates what he, and other analysts have said, that essentially, the big prize still remains Havieron, as well as the Telfer growth areas, including the WDU...

Greatland Gold

Greatland Gold disappointed the market with a lower-than-expected FY26 guidance for gold production. The company pointed to lower-than-expected grades from Telfer stockpiles. The response from the market was savage but downgrading after an IPO is not a good look. Our view is that the issue should be contained to the stockpiles that only run a few more years. The big prize remains the Haverion development with potential upside from high grade material from Telfer underground.

https://firetrail.com/wp-content/uploads/Firetrail-Australian-High-Conviction-Fund-Performance-Report.pdf

One word, "IF"! End of!

The AUD gold price breached AUD5200 again yesterday. As we're now already over half way through Q3 (Q1 Oz FY26), and it's been over AUD5000 every day so far this quarter (Averaging over AUD5100), it's looking good. Brent Crude also still down below USD70, so should be useful for the AISC's.

FCA showing Arrowstreet has increased to 0.7% with position dated today.

The S&P/ASX index consultation on eligibility criteria ended last Friday, the 15th August.

"Participation in this consultation is important as S&P DJI gathers information from various market participants to properly evaluate the market participants’ views and preferences. Please respond to this survey by August 15, 2025, as S&P DJI does not accept responses post the survey closure date. Prior to the Index Committee’s final review, S&P DJI may request clarifications from respondents as part of that review....

...Please be advised that S&P DJI reviews and considers all feedback before a final decision is made....The survey may result in no changes or outcome of any kind. If S&P DJI decides to change the index methodology, the change(s) will be announced to clients and posted on the S&P DJI website with prior notice ahead of the effective date...

https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250624-1478672/1478672_sp-asx-index-series-consult-20250624.pdf

Coordinator Drilling

Date: 19 Aug 2025

Location: Telfer, WA, AU, 6762

Company: Greatland Pty Ltd

In this exciting opportunity you will be responsible for the full coordination and execution of underground diamond, RC, and surface diamond drilling programs. From planning through to contractor oversight, safety, and reporting you’ll play a pivotal role in ensuring our drilling operations are executed efficiently, safely, and on budget.

This is your opportunity to contribute directly to the success of one of Australia's key mining operations while driving performance, safety, and quality across a complex drilling environment....

https://careers.greatland.com.au/job/Telfer-Coordinator-Drilling-WA-6762/1214044266/

https://www.seek.com.au/Greatland-jobs?jobId=86571470&type=standard

Indeed Aiming! As you indicate, the plan was, and probably still is, post company change/ASX, to release drilling results only in the quarterlies. It may be the case, possibly, that an exception could be made before, due to the Q2 'issue'. I know that's what some would like, provided good assays of course. We can only wait and see.

I'm not sure what their holding in GGP is today, but back in March, pre-consolidation, they had a holding of 66,476,573 shares.

"Phenomenal acquisition"

Recent fall in sp "Temporary"

"Management team top drawer" "Operational skills"

"Bit of a knock...a lot more positive to come"

Greatland will become a "whole district gold mining company"

"It's one of the most interesting gold miners I've seen for a long time"

YouTube Link:

https://www.youtube.com/watch?v=4RzQz-GzvDA