Greatland Gold - looking good for another strong run.

[SKYSHIP]

My Tip for 2023 is Greatland Gold (GGP). In 2020 the shares shot from 1.75p to 35p – a 20bagger! Since that unlikely peak the shares have been a one-way toboggan slide back down to 8p.

Now however everything once again looks to be in place for a strong run ahead. The last 6months have seen a big fundraising (no more equity issue required); the appointment of 3 new “Big Name” directors with substantial experience in the sector; a new heavyweight stakeholder and the execution of a £130m debt commitment with a syndicate of Australian banks.

Whilst all this was going on they progressed matters for a joint Australian listing, likely this Spring; and most importantly their 70% JV partner (the giant Newcrest) progressed the Havieron mine with well-nigh lightning speed.

With all the good news it is perhaps surprising that GGP still languish at current levels; but I expect that all to change in the New Year; and would be most surprised not to see a 50% gain back to the 12p level, perhaps higher.

The article below states the case far better than I can:

https://investingstrategy.co.uk/stock-t ... ld-shares/

[SKYSHIP]

I napped these as my Tip for 2023 on my JDT thread over at ADVFN.

The last time I did that was for 2020 when they did the 20bagger I referred to in my last post!

I don't expect such fireworks; but the year started well with a move to 8.4p-8.5p; before closing off the top at 8.25p-8.5p.

If you take a look at the GGP thread on ADVFN you will see the great looking chart I posted there today - a breakout in motion with a short-term target of 10p.

[SKYSHIP]

Since my last post we have seen the giant Newmont Mining make a bid for GGP’s 70% JV partner – Newcrest Mining.

Whilst rejecting what look to be fairly parsimonious terms, Newcrest have offered to “open their books” to Newmont in pursuit of a higher bid. With that being so, then one important aspect which should be opened up to all shareholders is the overdue Feasibility Study on the Havieron project .

If Newcrest won't do it, then surely about time for GGP to pre-empt.

GGP’s CEO, Shaun DAY (SD) is visiting the UK shortly and on 9th March will be making a Presentation on London South-East, followed by a Q&A session.

The FFS will undoubtedly be a matter for discussion, as will the upcoming ASX listing. Both are key to the short-term performance of the GGP stock.
A few weeks ago SD made an enlightening comment. He points out that GGP’s IPO will bring to the ASX Market a reasonably sizeable new player. A player in which the Ossie tracker funds will have to participate.

For the past 3months GGP have traded in the 7.5p-8.5p range; currently slap bang in the middle at 8.0p, where they started 2023.

With so much going on a breakout North from the close trading range looks inevitable sooner rather than later; and perhaps SD’s 9th March Presentation will be the catalyst.

[bjmarren]

Thanks for that update SKYSHIP,

I bought on your original post re Greatland Gold, as a punt, and have watched the share price changes with interest. It'll be interesting to see what SD has to say on the 9th and the subsequent on the share price. Thanks for sharing your your thoughts on this and other shares, they are always interesting.

Brendan

[SKYSHIP]

GGP continue to pootle around the 8p level; even after a potentially very interesting RNS this past week: ""Our recent drilling at Rudall has delivered a significant and high-grade result." Seems as though you drill anywhere in the Paterson region there is a good chance you're going to hit GOLD!

https://uk.advfn.com/stock-market/londo ... s/90810042

Shareholders have to be patient and wait for the reserve update at Havieron; and the joint listing on the ASX.

In the meantime there will be a news update on Havieron this week - possibly Thursday.

[SKYSHIP]

With thanks to Timberwolf on ADVFN & lebuge-addick on LSE, and added to by others, some future GGP share price growth catalysts, and potential catalysts, many of which are now, increasingly, also being compressed into a shorter, imminent timeframe:

1. ASX listing

2. Feasibility study

3. Decision to mine

4. Updated MRE 11 August

5. More Reserves - these can be taken onto the balance sheet

6. Low AISC

7. Valuation of gold - Newcrest updated MRE 17 August 2022 used an economic assumption $1,300/oz for gold. It's now 50% higher but this is never mentioned by detractors.

8. First gold - Earning cash next year

9. Free cash flow 2025

10. If Newmont divest Telfer and 70% Haverion, and GGP buy them.

11. MRE of 2.9Moz @ 3.0g/t AuEq high-grade Reserve could lift to 9Moz according to Sprott on infill and roots - a little bit down track but within reach.

12. Again according to Sprott's April report, Reserve increases could support elevated 6-9Mtpa for long-life Tier 1 asset.

13. And again from Sprott: Potential 6Moz caveable material adds optionality above this - a little further down stream but nevertheless a massive catalyst.

14. Use of Telfer mill for Havieron (and further downstream the Rio JV ore from Patterson South)

15. The existing Greatland team and support partners should not be under-estimated. That's probably how they got the Rio JV off the ground.

16. Drilling at EG 2024.

17. JV strikes - Juri and/or Rio

18. Scallywag strikes

19. Fully funded through to production - a reiteration

20. Jurisdiction - Australia is the best jurisdiction in the world right now to find more mineralisation - what has GGP got up its sleeve?

21. M&A activity - a value enhancing acquisition?

[SKYSHIP]

GGP have been a great disappointment this year; mainly because of two things:

# The ASX listing has been delayed - now unlikely until Q1'24

# Listed on AIM - a doom place this year

It will come good as fundamentally so cheap, gold strong and first gold production now less than 9months away...

Investing Strategy - 12th October 2023

GREATLAND GOLD

Greatland Gold shares have slipped to 6p leaving the gold explorer with a £300 million valuation and on a fundamental basis this appears great value. For clarity, an independent review of flagship Havieron valued the asset at $1.2 billion in August 2022. GGP retains a 30% economic interest in the project, equivalent to $360 million (£293 million).

Forgetting the vast tenures elsewhere, the JV with Rio Tinto and also the Juri assets, the company now owns 30% of a world-class asset in a JV with the Newmont-Newcrest monster. With Wyloo involved and an incredibly supportive banking syndicate, there’s about a thousand different ways this could go.

But Q4 could finally see the puzzle resolved; the Grant Samuel assessment of Havieron (though not based on an updated MRE or a separately valued Havieron) could get the ball rolling — but the key catalyst will be the updated MRE, last updated in August 2022 and delayed in August 2023 — alongside the accompanying DFS.

Could a golden Christmas present be coming down the chimney?

https://investingstrategy.co.uk/stock-t ... dgame-now/

[airbus330]

Looking for another strong run.......off a cliff

Rise rise rise....oh flood problems RNS...crash.

It would be funny, if it wasn't so predictable. At least I look my profits this time.

I'm sure there is a half decent mining company somewhere.

[BullDog]

Looking for another strong run.......off a cliff

Rise rise rise....oh flood problems RNS...crash.

It would be funny, if it wasn't so predictable. At least I look my profits this time.

I'm sure there is a half decent mining company somewhere.

Definition of a mine owner, a liar stood next to a hole in the ground?

[airbus330]

Unreal. Close of play, it jumps back to a recent high I'll take my small gain and find a quieter place.

[SKYSHIP]

Thanks to TIMBERWOLF over on ADVFN for posting this interview. Start 54mins in:
--------------------------------------------------------------------------------------------------

Charles Archer interview on 'The Sunday Roast'

https://www.youtube.com/watch?v=-jwMvsg8NvM

Greatland Gold from 00:54:22

Don't hold back Charles! WoW!

"It sounds ridiculous where the share price is now" (Based on the Telfer stockpiling alone)

"When you get that first RNS saying this is our first free cash flow, from our first 3 months of operations, this could be the trigger to send it really, really high. To shoot it up".

[SKYSHIP]

Having inexplicably sunk to a double bottom low of 5.1p a few days ago; we are now back up to 7.35p.

This excellent article below explains why GGP likely to be a great winner for 2025:
======================================================================

22nd November 2024

Exploring Greatland Gold: Opportunities and Risks for Retail Investors

Greatland Gold plc stands on the brink of a transformative moment in its journey from an exploration-focused small-cap to a major Australian gold and copper producer. At the heart of this transition is the company’s ambitious plan to consolidate ownership of the Havieron gold-copper project and the nearby Telfer mine, two cornerstone assets located in Western Australia’s resource-rich Paterson Province. For investors, Greatland offers a compelling mix of opportunity and uncertainty, making it a company worth watching—and carefully considering.

Havieron and Telfer: Cornerstones of Growth

Discovered in 2018, the Havieron project has emerged as a world-class underground gold-copper deposit. Boasting 8.4Moz gold equivalent resources as of December 2023, Havieron represents a rare find in an increasingly competitive global mining sector. Its proximity to the Telfer processing plant, just 45km away, creates synergies that significantly reduce development costs and operational risks.

Greatland’s move to consolidate 100% ownership of Havieron and acquire the Telfer mine from Newmont Corporation is pivotal. Scheduled for completion by late 2024, this acquisition not only brings existing production and cash flow from Telfer but also secures the infrastructure needed to bring Havieron into full-scale production. The acquisition positions Greatland as a vertically integrated operator, capable of leveraging Telfer’s processing facilities while avoiding the capital outlay of building new infrastructure from scratch. This strategic advantage could accelerate Havieron’s timeline to profitability, a major milestone expected in 2025.

Exploration and Broader Ambitions

While Havieron and Telfer form the backbone of Greatland’s immediate growth, its ambitions stretch far beyond these flagship assets. The company holds an extensive exploration portfolio spanning 4,500km², with notable projects such as Paterson South (in partnership with Rio Tinto), the Juri JV, and Scallywag.

This exploration strategy reflects Greatland’s long-term goal of becoming a multi-mine resources company, with a diversified portfolio of precious and base metals. Partnerships with major players like Rio Tinto and Newmont enhance its access to advanced geological data and exploration expertise, bolstering its ability to unlock new mineral resources in underexplored regions.

Financial Strength and Execution Risk

Financially, Greatland has demonstrated an ability to secure substantial funding, raising US$325 million through an equity placement earlier this year. This capital injection ensures the company can finance the Havieron-Telfer acquisition and fund ongoing development without immediate liquidity concerns. However, the high debt-to-equity ratio of 82% raises some red flags, particularly for risk-averse retail investors. While manageable in the context of expected future cash flows, this level of leverage introduces sensitivity to fluctuations in commodity prices and operational disruptions.

The integration of Telfer’s operations and workforce adds another layer of complexity. Successfully managing this transition, alongside the development of Havieron, will require seamless execution. Any delays in dewatering challenges at Havieron, further regulatory hurdles, or operational missteps could erode investor confidence and impact near-term stock performance.

Risks for Investors

For retail investors, Greatland’s journey presents both exciting opportunities and notable risks. The company’s reliance on high commodity prices—particularly gold and copper—leaves it exposed to market volatility. A dip in global demand for these metals could strain profitability, especially given the company’s significant financial commitments. Additionally, Greatland’s valuation remains heavily tied to the success of its exploration programs. While the Paterson Province is highly prospective, exploration is inherently uncertain, with no guarantee of commercially viable discoveries.

Shareholder dilution is another factor to consider. Recent equity raises have significantly increased the company’s share count, potentially diluting future gains for existing investors. Although these funds are being put to strategic use, dilution remains a downside for those looking at short-term returns.

The Case for Optimism

Despite these risks, Greatland’s prospects are undeniably compelling. The Havieron deposit’s exceptional grades and scalability, combined with the Telfer mine’s near-term cash flow, create a strong foundation for growth. Moreover, Greatland’s leadership team has a proven track record of executing large-scale projects, and its collaborative approach with partners like Newmont and Rio Tinto enhances its credibility.

The potential for significant shareholder returns lies in Greatland’s ability to deliver on its vision of becoming a multi-mine operator. If the company can integrate its assets, manage debt effectively, and achieve its exploration goals, it could emerge as one of Australia’s leading mid-tier miners.

A Balanced Perspective

For retail investors, Greatland Gold is a classic high-risk, high-reward opportunity. The company’s transformative strategy and high-quality assets position it for substantial upside, particularly as it nears profitability. However, the risks—ranging from commodity price fluctuations to operational challenges—should not be underestimated. Greatland’s stock may appeal most to investors with a higher risk tolerance and a long-term outlook, as the coming years will be critical in determining whether the company can fulfill its ambitious potential.

In a market where few small-cap miners boast the same combination of flagship assets and exploration upside, Greatland offers an intriguing case. As with any investment, due diligence is key, and investors should weigh the company’s strengths against the inherent uncertainties of the mining sector. For those willing to embrace the volatility, Greatland could offer a golden opportunity.

https://www.share-talk.com/top-12-small ... m-ggp-hvo/

[Proev]

Greatland Gold (GGP) seems well-positioned for a strong comeback, especially with the new directors, Australian listing plans, and progress on the Havieron mine. The fundamentals look solid, and a 50% gain in 2023 seems very plausible given the developments.

[Gerry557]

Greatland Gold (GGP) seems well-positioned for a strong comeback, especially with the new directors, Australian listing plans, and progress on the Havieron mine. The fundamentals look solid, and a 50% gain in 2023 seems very plausible given the developments.

2023 ?

[SKYSHIP]

2025 obviously. However I think the potential gain is 100% minimum - likely 200%+

[Padders72]

One can't help but notice when this thread was started nearly 2 years ago, the shareprice was circa 8p, today it is 7p. I am sure there was a rollercoaster of fun in between but like many other threads of this kind I have learned to be a tad skeptical of something that promises to be too good to be true.

[BullDog]

One can't help but notice when this thread was started nearly 2 years ago, the shareprice was circa 8p, today it is 7p. I am sure there was a rollercoaster of fun in between but like many other threads of this kind I have learned to be a tad skeptical of something that promises to be too good to be true.

It's all about timing the entry and exit on the roller coaster. I know I can't do it, so I don't try. Well done those who are able to make money on casino style stocks.

The thread here on Helium 1 shares from a while ago demonstrates that. I think most folks do themselves a favour staying away from that kind of share.