Member Info for TimberTrader

I didn't say they had. I said that, as the committee stated, they are driving inflation expectations, and also Powell stated today, "If the large increase in tariffs that have been announced are sustained, they're likely to generate a rise in inflation and a slowdown of economic growth,"

Really? You don't think that tariffs are going to affect inflation in goods?

Inflation may be "low" in the USA, but it's still above the 2% target, and the rate-setting committee stated, “The risks of higher unemployment and higher inflation have risen". This is due to tariffs driving inflation expectations.

Https://streamyard.com/watch/UVEw4fBE9QP8

I wonder if they're figuring, in the feasibility study, taking Havieron down to the centre of the earth, with it still being open at depth? ;-)

"...No-one has ever been able to turn lead into gold, as medieval alchemists promised, but two Australian billionaires have found a way to turn iron ore into gold.

Gina Rinehart and Andrew Forrest with fortunes estimated by Forbes at $30.1 billion and $14.8 billion respectively have added gold to their better-known interest in mining iron ore...."

"Forrest is more focused, playing a key role in creating a world class goldmining company based on the big Telfer mine in Western Australia.

Greatland Gold, currently listed on the London Stock Exchange, but planning to relocate to Australia, been a spectacular performer over the past 12-month with its shares rising by 150% to 14.6 pence.

Forrest and his separated wife Nicola, through their company, Wyloo, have an 8.45% interest in Greatland but have indirect interests which could see their stake rise to 21% of Greatland which has a current stock market value of $2.5 billion..."

https://www.forbes.com/sites/timtreadgold/2025/05/06/australian-billionaires-forrest-and-rinehart-turn-iron-ore-into-gold/

Surely, as a shareholder, you're intelligent enough to read it yourself, and make your own decisions, without asking people you've never met, and don't know to make your investment decisions?

And, as Shaun Day stated last week, when stressing the put options, he said that they were "cheap insurance to buy", and providing a balance between record gold prices now, with no upside loss, and protecting any downside.

Hi MHU, I'm guessing that he has a very busy schedule and a lot of visits whilst he's here, and re-booking any venue may be difficult. Top marks to him though for doing everything he can, although likely touch & go anyway with those times.

Likely to be bit 'touch & go', but top marks to Shaun for doing everything he possibly can to make it tonight, and hope he does for all involved.

"Money market fund purchases leapt 77% in the first half of April on interactive investor’s platform as investors fled volatile markets following Trump’s tariff announcements.

Royal London Short Term Money Market was the most sought after active fund throughout the month as investors looked to de-risk their portfolios, with Vanguard Sterling Short-Term Money Markets, L&G Cash Trust, and Fidelity Cash also among the top 10.

Investors’ bearishness was also visible in their rush to buy gold, with iShares Physical Gold ETC being the second most bought index funds in April and Greatland Gold becoming one of the most popular equities for the first time..."

https://portfolio-adviser.com/ii-money-market-fund-purchases-up-77-in-april-as-investors-flock-to-safety/

Thanks to Stuart Hinds on 'X'..

https://www.news.com.au/travel/travel-updates/incidents/a-perth-to-london-flight-has-unexpectedly-grounded-after-an-onboard-incident/news-story/ad8e7f90ef7be8e24d86186dbb4252c3?amp

At least he can watch the GGP sp rise, and smile. Currently up 5% @ 14.45p...

Https://greatlandgold.com/wp-content/uploads/2025/05/Corporate-Presentation_May-2025.pdf

PS. I know that there was some debate on here a few weeks ago about O'Callaghans, and the value in relation to extracting the Tungsten. I dropped a question to Shaun about it last week for the Town Hall meeting webinar.

Interesting to note also that that single drill hole testing the Rudall/Ramses target was supported by a Western Australian Exploration Incentive Scheme (EIS) grant (Round 25, 2022–23), as we've just been awarded a grant in Round 31, 2025-26 of the scheme, to drill O'Callaghans.

"...It’s the latest M&A action to light up a gold space flying with Aussie prices in excess of $5000 an ounce. That includes the aforementioned NST-DEG tie-up, a $4.2bn merger between Ramelius Resources and Spartan Resources, $1bn deal to partner Alkane Resources and TSX-listed Mandalay and a host of asset level deals from Greatland Gold, Resolute Mining and more...."

https://stockhead.com.au/resources/resources-top-5-gold-road-to-join-the-gold-fields-superhighway/

Https://www.eventbrite.co.uk/e/greatland-gold-in-person-town-hall-meeting-tickets-1323375635149?aff=ebdssbdestsearch

Although this is sold out, the event site is now showing a 'Join Waitlist' option. I don't know how long it's been there, as it was previously just showing as sold out, but it may be of interest to anyone who missed out before, as there will probably be some cancellations.

Why we like Greatland Gold:

- No additional dilution with Telfer FCF and

existing debt facilities funding build

- Havieron 2.4Moz @ 3.0g/t AuEq high-grade

reserve could lift to 9Moz SCPe on infill and

roots

- Reserve increases at Havieron could support

elevated 6-9Mtpa for long-life Tier 1 asset

- Existing Telfer mill and infrastructure offers

production without (plant) build risk

- Management track record at Northern Star/Fortescue streamlines execution and brings

expertise in scaling operations