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FIRB Newmont approval - Greatland Gold

Posted: Wed Nov 13, 2024 10:47 am
by Irish24
Several weeks ago I read that Greatland had been approved by FIRB for foreign investment but Newmont approval was still pending.

I haven't seen anything further about the pending Newmont approval.
Does anyone have any further information?

Re: FIRB Newmont approval - Greatland Gold

Posted: Wed Nov 13, 2024 2:00 pm
by jecsggp
No information. Bit I was thinking about this yesterday as the price dropped and now It may be the only thing holding up our expected RNS.

J

Irish24 wrote: Wed Nov 13, 2024 10:47 am Several weeks ago I read that Greatland had been approved by FIRB for foreign investment but Newmont approval was still pending.

I haven't seen anything further about the pending Newmont approval.
Does anyone have any further information?

Re: FIRB Newmont approval - Greatland Gold

Posted: Fri Nov 15, 2024 7:15 am
by jecsggp
I understand that this is now approved.

Re: FIRB Newmont approval - Greatland Gold

Posted: Fri Nov 15, 2024 11:18 am
by leslieby101
jecsggp wrote: Fri Nov 15, 2024 7:15 am I understand that this is now approved.
And from Mr.Day earlier this morning, we should get the keys circa week1/Dec.

Does that mean GDX have to buy straight away?

Re: FIRB Newmont approval - Greatland Gold

Posted: Fri Nov 15, 2024 12:33 pm
by Irish24
Shaun Day confirmed FIRB approval has been granted for Newmont, a good step forwards.