Greatland Gold Fields9 Jan 2022 12:45
When you buy a golden ticket, a fraction of the mineral wealth is owned.
But how much would you pay for an ounce of gold?
IMHO Havieron contains 30mill oz of gold, being conservative for calculations. I actually assume 60 mill & 40 yrs of mining.
So at just 30 mill ozs of gold, that equates to buying gold at £19.75/oz. If you add 15% for other metals, that would be about £17/oz
A Greatland share costs just 14.75p, cheap gold.
Looking at our big buddy, NCM, when buying their shares, the cost of gold is £91/oz approx
My assumption for GGP as a whole, would equate to buying gold at £6.80/oz
There is a considerable upside to GGP, as it becomes a multi mineral miner, like our big buddy.
Still no borders
Our treasure becomes ever more valuable
The steward shorters are still trying to steal our golden tickets.
Keep buying, surely you can all see now.
Greatland Gold Fields £5+