Greatland Gold - GGP - Share Chat

Stock Discussions
1378

Any good news from them?

1379

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/w6dq2gx

New drill results for havieron.

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1380

This means a price drop lol

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1381
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1382

Iā€™m new to all this trading and have this stock right now, Iā€™ve been thinking of selling it as Iā€™m currently in the green, but wondering if its worth holding out a little longer.

Thanks

1383

Thatā€™s the million dollar question, I went into the red when they diluted shares (not by much) but just waiting to see. Seems to be good potential but until the talk turns into Ā£Ā£Ā£ itā€™s anyones guess! Good luck

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1384

Any thoughts on last nightā€™s NCM release, and Shaun Dayā€™s response in the RNS?

I have a small number of shares, and tempted to buy more if the price drops to 12p ish.

1385

Here the link for anyone not seen it

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1386

Link for newcrest half year results.

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1387

I take it was good news as itā€™s in the red again!

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1388

It doesnā€™t really seem like thereā€™s any new news there really. Just restating things we already know. Short term Iā€™m expecting the SP to be determined by the price they get for the 5% sale anyway. Hopefully thatā€™s good!

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1389

That was my reading in a nutshell.

Suspect thereā€™s a bit of jousting going on prior to the announcement of the valuation of the 5% that NCM are looking to buy. Them talking value down, and GGP doing the opposite.

1390

Yeah that maybe why Newcrestā€™s have a date of 12 October 2021 for the Havieron update trying to keep the price down on the 5% . We have had so much progress since then so the took a pop shot at GGP with that update on Havieron. They also used the stage one study which was finished on the 5th February 2021.

GGP took a shot back with there update making it clear that its update with regards to Havieron is 11 months old.

The fight for fair price is on i think they will be to far apart and it will need to go to a independent valuation.

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1391

Yes I think youā€™re right. Not long to go until we find out.

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1392

https://polaris.brighterir.com/public/greatland_gold/news/rns/story/xo783mr

Another update

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1393

Does this mean the price will fall. :woozy_face:

1394

Shouldnā€™t fall too much was up as high as 9% early so falling down now.

Most people will be waiting for the price newcrest will be paying for the 5% which should be announced soon. Which am hoping gives the share price a big jump up.

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1395
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1396
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1397

6.5moz equivalentā€¦ itā€™s now a Tier 1 deposit and this will continue to grow over many years.

The next step is debt financing - SD already has term sheets available. Iā€™m of the opinion that he needed the MRE out in order to secure a decent debt financing package for GGPs share of the mine capex.

Hopefully weā€™ll hear something soon.

Drill results update is also out next week - looking forward to hearing about eastern breccia and the new high grade zone along with any potential hits at Zipa :crossed_fingers:t3:

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