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Greatland Gold plc (AIM: GGP)

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Good morning
Some media reports about the possible listing of Greatland Gold on ASX.

Greatland is headquartered in London and their operations are based in Australia. The company is listed on the AIM market of the London Stock Exchange (AIM: GGP). Australian Operations are contained within this link:

The company's 'flagship' is its Havieron gold-copper project, Paterson region, Western Australia, which was discovered by Greatland and presently under development in joint venture with Newcrest. Havieron is located approximately 45km east of Newcrest's existing Telfer gold mine. The box cut and decline to develop the Havieron commenced in February 2021. It is rcw1's understanding that Havieron is intended to leverage the existing Telfer infrastructure and processing plant. This is very advantageous for a number of reasons, reduction in costs, mainly.
2023/24: Targeting commercial production within c.3 years of commencement of boxcut; subject of course to a positive decision to mine vote.

Note: Andrew Forrest's, Wyloo has 8.60% equity.

Significant shareholders​

The company has been notified of the following significant shareholders. Significant shareholders are those holding 3% or more of the shares in issue excluding treasury shares.
NameNumber of Ordinary Shares% of Issued Share Capital
Wyloo Consolidated Investments Pty Ltd430,024,3908.60%
Van Eck Associates Corporation209,377,3764.58%
Five Diggers Pty Ltd138,981,1503.04%

Greatland Gold Says ASX Listing Preparations on Track
Published: May 16, 2023 at 4:13 a.m. ET
By Anthony O. Goriainoff (Dow Jones Newswires)
Greatland Gold said Tuesday that its preparations to list on Australia's ASX remained on track and that it had been evaluating whether to conduct a potential equity raise as part of the process. The London-listed mining company said that although it has held preliminary discussions with investment banks, it hasn't made any decision on the capital raise nor has it formally mandated any investment bank in connection with the ASX listing. The company said it was targeting a cross-listing on the ASX during the quarter starting September 2023 subject to the required approvals.

Greatland said it was responding to a media article that said it appointed Bank of America to assist in the listing and that it was seeking to raise between 50 million and 100 million Australian dollars ($33.5 million-$67 million).


Response:

NEWS RELEASE | 16 May 2023
ASX Listing - Response to media article

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Greatland Gold plc (AIM:GGP; Greatland or Company) refers to an article published in The Australian Financial Review's Street Talk column today titled "Greatland ramps up listing preparations, BofA nabs role" (AFR Article). The AFR Article reports that Greatland has appointed Bank of America to assist with its listing on the Australian Securities Exchange (ASX) and that the Company is seeking to raise between A$50 million and A$100 million.

Greatland confirms that consistent with its most recent RNS Announcement titled "Non-Executive Director Appointment and ASX Listing Update" dated 2 May 2023, the Company is continuing to advance preparations for a cross-listing on the ASX and that this is targeted to occur during the September 2023 quarter subject to required approvals (ASX Listing).

Greatland confirms that its ASX Listing preparations remain on track and it has been evaluating whether to conduct a potential equity capital raising as part of that process.

Whilst preliminary discussions have been held with investment banks, Greatland advises that the Company has not made any decision as to whether to conduct a capital raising nor has it formally mandated any investment banks in connection with the ASX Listing. Greatland will keep shareholders informed on all material developments as it continues to evaluate and progress the ASX Listing as and when required by AIM Rules.

Nice one

rcw1 will be watching this one. Kindly conduct your own due diligence and have a very nice day, today.

Kind regards
rcw1
 
Good afternoon
Some advice through Australian Mining on what Greatland are doing in Australia:
https://www.australianmining.com.au/greater-gold-grab-for-greatland/


Documented within Greatland-2023-Annual-Report, published 5 November 2023, the companies chairman, Mark Barnaba, has stated:
From a corporate perspective, Greatland significantly progressed our proposed cross-listing on the Australian Securities Exchange (ASX) during the year. Our objective is to undertake an ASX cross-listing in a manner and at a time that delivers an optimised outcome for the Company and its existing shareholders. Subsequent to year end in September, having regard to the ASX listing timetable and upcoming activities and opportunities for the business, we decided to defer the ASX cross-listing until 2024. Greatland will continue to support the early works development of Havieron and will complete and announce an updated Mineral Resource Estimate (MRE) which is targeted for the December quarter 2023. Greatland remains committed to listing on the ASX at the appropriate time. The work undertaken by the Company this year provides a strong foundation to efficiently resume and complete the ASX listing process.


No further information out there yet, to rcw1 knowledge, about Andrew Forrest-backed Greatland Gold mandated Bank of America’s equity capital markets team to oversee a sharemarket listing in Australia.

Good morning
Some media reports about the possible listing of Greatland Gold on ASX.

Greatland is headquartered in London and their operations are based in Australia. The company is listed on the AIM market of the London Stock Exchange (AIM: GGP). Australian Operations are contained within this link:

The company's 'flagship' is its Havieron gold-copper project, Paterson region, Western Australia, which was discovered by Greatland and presently under development in joint venture with Newcrest. Havieron is located approximately 45km east of Newcrest's existing Telfer gold mine. The box cut and decline to develop the Havieron commenced in February 2021. It is rcw1's understanding that Havieron is intended to leverage the existing Telfer infrastructure and processing plant. This is very advantageous for a number of reasons, reduction in costs, mainly.
2023/24: Targeting commercial production within c.3 years of commencement of boxcut; subject of course to a positive decision to mine vote.

Note: Andrew Forrest's, Wyloo has 8.60% equity.

Significant shareholders​

The company has been notified of the following significant shareholders. Significant shareholders are those holding 3% or more of the shares in issue excluding treasury shares.
NameNumber of Ordinary Shares% of Issued Share Capital
Wyloo Consolidated Investments Pty Ltd430,024,3908.60%
Van Eck Associates Corporation209,377,3764.58%
Five Diggers Pty Ltd138,981,1503.04%

Greatland Gold Says ASX Listing Preparations on Track
Published: May 16, 2023 at 4:13 a.m. ET
By Anthony O. Goriainoff (Dow Jones Newswires)
Greatland Gold said Tuesday that its preparations to list on Australia's ASX remained on track and that it had been evaluating whether to conduct a potential equity raise as part of the process. The London-listed mining company said that although it has held preliminary discussions with investment banks, it hasn't made any decision on the capital raise nor has it formally mandated any investment bank in connection with the ASX listing. The company said it was targeting a cross-listing on the ASX during the quarter starting September 2023 subject to the required approvals.

Greatland said it was responding to a media article that said it appointed Bank of America to assist in the listing and that it was seeking to raise between 50 million and 100 million Australian dollars ($33.5 million-$67 million).


Response:

NEWS RELEASE | 16 May 2023
ASX Listing - Response to media article

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Greatland Gold plc (AIM:GGP; Greatland or Company) refers to an article published in The Australian Financial Review's Street Talk column today titled "Greatland ramps up listing preparations, BofA nabs role" (AFR Article). The AFR Article reports that Greatland has appointed Bank of America to assist with its listing on the Australian Securities Exchange (ASX) and that the Company is seeking to raise between A$50 million and A$100 million.

Greatland confirms that consistent with its most recent RNS Announcement titled "Non-Executive Director Appointment and ASX Listing Update" dated 2 May 2023, the Company is continuing to advance preparations for a cross-listing on the ASX and that this is targeted to occur during the September 2023 quarter subject to required approvals (ASX Listing).

Greatland confirms that its ASX Listing preparations remain on track and it has been evaluating whether to conduct a potential equity capital raising as part of that process.

Whilst preliminary discussions have been held with investment banks, Greatland advises that the Company has not made any decision as to whether to conduct a capital raising nor has it formally mandated any investment banks in connection with the ASX Listing. Greatland will keep shareholders informed on all material developments as it continues to evaluate and progress the ASX Listing as and when required by AIM Rules.

Nice one

rcw1 will be watching this one. Kindly conduct your own due diligence and have a very nice day, today.

Kind regards
rcw1




Have a very nice day, today.

Kind regards
rcw1
 
It's definitely an Australian company that appears to skirt the idea of admitting it is. Quoted in London and the States. Its share price has bombed. Newcrest was losing faith and dipped out from adding more cash and increasing its interest and Newmont has thrown it out of the park.
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Apr 25, 2024
UK investors do not understand that mining executives are famous in Australia in their own right — much like tech leaders in the US.
Greatland has the backing of a giant banking syndicate, Wyloo and the billionaire behind it by association, a board of the finest mining pedigree — and 8.4 million reasons to stay in.
 
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