Market's view on Greatland Gold
Published on April 2024
- A Stock watcher highlights that after a significant drop in share value, the price is now more reasonable, albeit not a bargain, yet with potential for substantial growth over the next five years.
- Concerns are raised about misleading promotions potentially leading to continued stock purchases by the uninformed, negatively impacting numerous investors.
- Discussion on Newmont’s successful divestiture history, specifically into Northern Star, which now holds former Newmont assets including KCGM, a major asset in their portfolio.
- Stock watchers emphasize the potential of Greatland Gold and Newmont’s shared office space and past successful collaborations as key factors in future operational success.
- Updates indicate that operations at Telfer are temporarily suspended to ensure safety, which is seen as beneficial for the new owners in preparing the site for takeover.
- Infrastructure at Telfer, such as the airstrip and accommodations, and the strategic implications of its use for Greatland Gold are extensively debated.
- Concerns are discussed about the water management issues at mining sites, a longstanding challenge in the industry.
- Financial aspects are considered, with Greatland Gold backed by significant banking funds, positioning them well for future developments.
- There’s speculation about the possible financial and operational impacts of acquiring Telfer, including the potential liabilities and the strategic advantage of controlling both Telfer and Havieron sites.
- Stock watchers speculate on the negotiation dynamics between Greatland Gold, Newmont, and potentially a third party like Wyloo, concerning the future of the Telfer and Havieron projects.