Member Info for zoros

You're so funny IP. Everyone is laughing at you (as they have done for years, I guess).

For almost two years – since around feb 2024, the SP remained at rock bottom (6p). Caldwell saw the writing on the wall, failed to stop the rot and was moved sideways to allow a fresh pair of hands on the wheel. Vujcic started courting investors to find a way out and lo and behold, Jian (John) Liu ends up on the BoD. What a coincidence. Why – because his lords and masters (JCC) convince Dan to sell the company. The BoD laughs at the first offer, divide over the second but then capitulate at the third (28p). At the time, this would have been the light at the end of the tunnel. Since then there have been heated discussions behind closed doors as one heavyweight after another falls into line behind the only offer on the table. Danny boy goes public. The end.

Zzzzzzzzz

Just had the confirmation letter through the post from my bank telling me I will receive 28p for each of my shares over the next 12 weeks.

I need do nothing.

Some desperate posters clinging to slithers of hope - angry/sad/depressed/gutted/desperate/chuffed. It's all over.

The posts about sending messages to the BoD - how sweet.

The naivity of many.....thinking they (us) were so important, when in reality - the BoD had hard decisions to make because they knew this was going no-where many months ago (and sat on it). They then chipped away at their major (important) investors and convinced them there few if any options, the best being JCC.

If you honestly believed ethics or morals were at the heart of any company with this predicament - you're in the wrong business.

Take your winnings/losses.......live and learn. Genuinely sorry if you lost out.

SXX comes to mind.

That's my "Oh dear it's gone pear shaped" post.

Here's my "Keep the faith" post:

"Wow! and thank God for that last minute bid. Music to our ears. Just when I thought it was all over too. Phew, relief.

Well done to all those who wrote to the BoD, it must have spurred some big investor to go for it. But it was close.

Now we simply sit down and watch the fireworks. Well done all - well worth your patience and determination..."

"Fred/Dave/Jane - you were right all along. Obviously convinced we could push through this hiccup. Amazing insight.

There. Both angles covered!

Z

Quady - Hi.

It's black and white:

Massive dilution required to get this to production.

Huge security issues.

Political unrest.

10+ years minimum before this thing gets built.

And a very unattractive IRR.

Exhaustion has set in (probably about a year ago) and then the musical chairs started whilst the BoD were being rotated.

They have had enough and all the major shareholders have been pursuaded that this offer is an escape route.

We've been had, mate. Sold down the swanny!

Move on.

Z

2018. Averaged out at 8p old money. One of the few profiteers from SXX!

It's been one of my main stay investments and what made it enjoyable along the way was those hardcore LTH's, and their interesting posts - many of whom remain here today it seems!

2026 is the end of a relatively short wait for an explorer to become a producer and ALL of this is due to Shaun Day (IMO). A genius who has guided a £4m company of 7 people to what we have today. You simply couldn't make it up!

Thanks for keeping this forum, fun and enlightening to read.

If you can - hang in there for the next 3 years and that grin on your face is going to become permanent.

Z

WoodyB - there is only one company where the future is already here and explosive: GGP.

You're not too late to join, there is more to come but you may have missed the mega rise of recent weeks.

DYOR.

Z

Hooray Smicky - you getting it!

Z

Two things define you:

Your patience when you have nothing and your attitude when you have everything.

And this will come to pass in 2026. Patience looks like it will finally be rewarded to all the long term holders who have stuck with Greatland since first sod was dug in May 2021 (and even more so for their perserverance before that with Callum and Gervaise all the way back to 2005).

I would love to hear from those early day investors - when they invested and what price they bought in at.

For those with serious (7 figure) investment in GGP, this will transform their lives, no doubt. With big money comes big decisions and big responsibility.

Congratulations and well done for keeping the faith.

So much news flooding the market over the next 6 months. I can easily understand the SP exceeding £6 possibly £7 during that period.

And I guarantee I will not be a bystander this time, as I was when she peaked at 38p (£7.60)(pre ASX).

1/26. December quarterly.

Q1/26. KPI: Debt financing in place to complete Hav development.(Est:US$715m).

03/26. US GDX (ETF) rebalance.

Q1/26. Implementation Plan @ Havieron.

Q1/26. Telfer maiden MRE update expected. JORC Resource update.

FY26 (to June 2026). Havieron Environmental Approvals (EA) expected (EPBC and EP Act)

Q2/26. Telfer Ore JORC Reserve estimate. Havieron and Telfer LOM plans to be integrated.

Q2/26. PFS for Telfer WDU to include processing optimisation with Hav ore.

Q2/26. FID and Definitive Development Schedule (DDS) @ Hav.

I remember it well, that day we spiked to 700+ posts when the SP hit an all time high. It was impossible to post! Hopefully this time around it will be more orderly! To those genuine LTH's and newbie investors - enjoy the ride (by filtering!)and the fruits of your labour and remember:

"...Two things define you: Your patience when you have nothing and your attitude when you have everything..."

Z

Bamps, good afternoon to you. And a warm welcome back. I hope it's long term as you guide us through the technical landscape in this very very lucrative year.

I don't know who you refer to - I suspect it is one of my 28 filtered minions though. Do you have a name? Then we can ridicule him/her together!

You're bigger than this by now, so filter 'it' and move forward. Serve the masses not the minions.

Z

Brad - that's because a bid has been agreed @ 28p, eeejit.

Z

PS:

You're right, JCC won't own Solg, The PRC does (will). Solg will cease to exist in a matter of weeks.

Z

Smicky have you been drinking?

I bought in 2013. I average 15p.

Bought 300k of shares.

Do the maths.

[I increased to 500k at one stage and sold 200k with a profit a wee while back].

Move on now smicky - get a life eh?

Z

Smicky = is your first language english..............................or chinese?

"a quick trade or trying to convince others to sell for your own benefit" Sorry don't understand?

Moving on:

Jiangxi:

What it does

Acts as an offshore investment vehicle

Executes M&A transactions, equity stakes, and acquisitions

Holds shares in overseas assets (such as SolGold)

Provides a jurisdictionally convenient structure (Hong Kong law, FX flexibility, international contracts)

What it does not do

It does not operate mines

It does not extract copper or other minerals

It does not run day-to-day industrial operations

It has no workforce or production assets in the conventional mining sense

Looking back - (I know, hindsight is a wonderful thing):

SOLG lost the will to live years back when they cut their workforce from 1200 to 83. Played musical chairs with their BoD and CEO's and fiddled with the deck chairs while the iceberg was dead ahead.

But as we all know - PI's tend to be gluttons for punishment, allow greed to rule their heads and are always the last to know.

It has cost me dearly: 13 years in waiting. Luckily I come away in the black but only just. (80% profit over 13 years! 3.2%/year).

Z

JG - nice package you have there. Hope you made a decent profit. Best for your future endeavours.

Z

Waiting for the final blow smicky. Nothing more to lose, so may as well hold until 28p/share is paid into my account. Never say never, eh?

Jiangxi NEVER build mines. They are being told to buy this by the chinese government - plain and simple.

Relax smicky - let it wash over you. Move fwd.

Z

I'll repeat what has already been said. Too many here with heads in the sand. It is GAME OV ER:

"...Over the 12 years I have invested there were repeated strategy changes by different CEO's, capital structure changes, political risk exposure and still no construction decisions. The chinese buyer wins because it can capex without massive dilution, be patient, absorb sovereign risk and absorb lower IRR's than the public equity would demand. You are being paid 28p/share to give up the risk of massive dilution and much further long term delays toward production. You are not being paid for the true value of the resource. You missed the optimal exit window years ago..."

RiP Solg.

Z

Nice one Quady. Keeping slugs down is a full time job.

Z

AROK1975 - 28.7% confirmed yes to the chinese but an overall 41% if you include those who have said "probably".

75% is whats needed to get this vote over the line but of that 75%, the majority vote wins.

So let's say all 41% agree to the JCC bid (because there isn't another bid on the table), that leaves 34% needed.

Let's also say that all those 'new' 34% voters (you and me and the odd institutional hangar on) vote a big fat NO. then the chinese win because they are the overal majority. The only way to stop this is for almost everyone available, to vote NO........and that ain't going to happen.

This is a chinese takeaway....suck it up and move on.

Z

If…..if you think you might be affected by IHT (>£1m per married couple or civil partnership), then do yourself a favour. Ignore anything you read about on SM and pay for a specialist in IHT, called a “TEP” advisor ( solicitor with specialist expertise in IHT). A ‘normal’ solicitor is not knowledgeable enough to advise.

They charge around £600 and upwards for a consultation but believe me they will save you thousands more in tax.

DYOR.

Z

Mine sizes:

https://freeimage.host/i/fWEud0u

Roadmap:

14/05/21. Decline commences. (460m deep / 2800m long).

15/07/21. Mine officially started.

03/03/22.GGP MRE2 [5.5mozAu / 218ktCu: 6.5mozAuEq].

05/23. Farm in with Rio Tinto @ Paterson South. $7m exploration costs by 2030. $21m by 2033. (Stingray and Decka).

21/12/23. GGP HAV MRE(3) [7.04mozAu / 275ktCu: 8.4mozAuEq]. https://www.youtube.com/watch?v=lE9ly_RF7mk

02/24 Inventum 3D video: https://inventum3d.com/c/greatlandgold/havieron.

11/23. Decline halted.

10/09/24. Reverse acquisition of NEM @ Tel/Hav,

30/09/24. 5.3Bn share issue (equity raise for acquisition). Total shares in issue: 10bn.

04/12/24. Tel/Hav acquisition complete. (Share issue to NEM). Total shares in issue: 13bn.

10/24. Telfer resumes production (3.2MozAu. 7-10yr mine life.). Telfer has priority over Hav..

09/12/24. First Gold @ Telfer.

14/04/25 Group MRE Telfer/Havieron:10.2Moz Au and 387kt Cu.

30/11/25. Havieron DFS. https://www.youtube.com/watch?v=58hms4L9fT0&t=4s

01/26. December quarterly.

Q1/26. KPI: Debt financing in place to complete Hav development.(Est:US$715m).

03/26. US GDX (ETF) rebalance.

Q1/26. Implementation Plan @ Havieron.

Q1/26. Telfer maiden MRE update expected. JORC Resource update.

FY26 (to June 2026). Havieron Environmental Approvals (EA) expected (EPBC and EP Act)

Q2/26. Telfer Ore JORC Reserve estimate. Havieron and Telfer LOM plans to be integrated.

Q2/26. PFS for Telfer WDU to include processing optimisation with Hav ore.

Q2/26. FID and Definitive Development Schedule (DDS) @ Hav.

H2/26. Hav decline re-starts on completion of EA's.

H2/28. Development Ore (stockpiling) @ Hav. [4.0mt/266kozAu per annum @ an AISC of US$1040 for 17 years].

H2/28. Conveyor decline commences.

H1/29. First Gold @ Hav. (FCF @ Hav). Integrated Hav/Telfer production.

H2/2031. Conveyor decline operational.

2045. SLOS estimated end of life based on DFS estimates.

A peaceful and prosperous 2026 to each and every one of you.

Z