GGPChat

Great feature article with Shaun Day....

"As Australian gold giant Newmont (ASX: NEM) turns to give full attention to its tier one assets, London-based hopeful Greatland Gold is cutting a clear path to renewing a major mining complex in WA.

With its planned acquisition of 100% of the Telfer mine and the remaining 70% of its neighbour, Havieron, for about $723m (US$475m), Greatland Gold is heading straight to the ASX. The company says it intends to establish dual listing within six months of acquisition completion.

Why is the company going all in on its Australian assets? Greatland Gold chief executive Shaun Day says it’s about getting the best of both worlds....."

https://australianminingreview.com.au/f ... lian-gold/

It'll be interesting to note how much new information we receive after full ownership is signed off early December.

leslieby101 wrote: ↑Wed Nov 20, 2024 3:20 pm It'll be interesting to note how much new information we receive after full ownership is signed off early December.

Shaun did say that up until then GGP has been restrained by the JV and other commercial relationships, but as of completion day the gloves are off.

Lets hope that we get a revised plan on the basis of the details released in the acquisition documentation, showing where we are going over the next year, that provides more confidence as to the near term prospects.