@GreatlandGold released its 2024 Group MRE following completion of the Telfer acquisition #GGP inaugural Mineral Resource Estimate for the Telfer gold mine at 3.2Moz #gold + 117kt #copper. Together with Havieron this takes the MRE to 10.2Moz Au + 387kt Cu https://t.co/fu2BPpwtTK via @Share_Talk
GGP were hoping to discover half a Havieron. Looks like they have just bought THREE QUARTERS of one for a fraction of $475 million paid in the December.
Accretive isn’t a word that adequately explains the magnitude of the deal.
Regarding this mornings announcement by #GGP
1️⃣ An additional 8 years feedstock for Telfer minimum.
2️⃣ Gives both cash and time for a optimal #Havieron plan - be that a haulage shaft or additional decline
3️⃣ Implications for companies - nearology
4️⃣#GDXJ rebalance
5️⃣#ASX
🌟Strong start at Telfer for Greatland (AIM: GGP)
Managing Director Shaun Day caught up with Proactive to discuss Greatland's first month post acquisition of Telfer and Havieron, and upcoming milestones
Watch here: https://t.co/QdOpRqjFd3
$GGP
Disko has seen +30 years of exploration, identifying multiple primary drill targets. We believe that previous studies, and work conducted by #80M, highlights the project's potential to host mineralisation similar to Norilsk, Siberia, the largest nickel deposit on earth. OTC.BLLYF
Big news! We have acquired CAKE & https://t.co/bNYfk8NHgl, boosting our digital asset strategy. Thank you to all stakeholders for your trust and support as we embark on this transformative journey. Together, we’re shaping the future of fintech! 🚀🌐
🔗: https://t.co/nag2bu50Af
Merry Christmas & happy holidays! 🎄
As we wrap up 2024 and transition to GST, we’ll be a bit quieter on social media. But don’t worry—exciting things are coming in 2025!
We wouldn’t be here without your support. Thank you from the bottom of our hearts! 💜
While #Havieron represents future potential, #Telfer is @GreatlandGold's immediate cash cow. Acquired in December 2024, Telfer is already operational, making it a rare and valuable asset for a company of #GGP’s size.
Telfer’s two 10Mtpa processing trains give it one of the largest capacities in Australia. With significant ore stockpiles—11.5Mt of high-grade run-of-mine ore and additional low-grade reserves—Telfer is set to produce 425koz gold equivalent over the next 15 months. This provides an immediate revenue stream while de-risking Havieron’s development.
But Telfer’s story doesn’t stop there. Greatland is actively exploring ways to extend its mine life. From new drill targets at West Dome and Main Dome to evaluating low-grade stockpiles, the company is leaving no stone unturned in its quest to maximize Telfer’s value.
We're acquiring the business of CAKE, including the @bake_io crypto platform!
This game-changing move adds 50K+ active users, and $80M+ in assets to GS20 Exchange.
Together, we’re transforming global digital finance! 🌐🚀
https://t.co/GhyDGwomZ6
Shaun Day, MD, presented at the Macquarie WA Forum on 6 Nov 2024, where he outlined the transformational acquisition of 100% of Havieron and Telfer and the opportunities that lie ahead for Greatland, including its ASX listing.
View the presentation: https://t.co/51ubi37en3
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