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Greatland Gold's Havieron 'on the path to becoming a tier-one gold asset' says Peter O'Connor

Shaw and Partners analyst Peter O'Connor speaks to Proactive London's Andrew Scott soon after the publication of his report on Newcrest Mining (ASX:NCM). Newcrest is in joint venture with Greatland Gold (LON:GGP) on the Havieron gold project in Western Australia. O'Connor says the drill programme is going 'exceptionally well' and that the requirement to release regular updates is a beneficial outcome for both companies. ''The results so far have been extraordinarily good'' he says. ''We see Havieron developing as an underground mine feeding the Telfer mill and it could be as much as 300,000 ounces per year.

Quick facts: Greatland Gold PLC

Price: 22.99 GBX

AIM:GGP
Market: AIM
Market Cap: £879.7 m
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David Lenigas reckons Greatland Gold's Havieron is 'once in a generation' find

David Lenigas discusses Greatland Gold (LON:GGP) after the company pushed through £1bn market capitalisation last week. Australian gold major Newcrest Mining (ASX:NCM) has a farm-in agreement with GGP to explore and develop the Havieron gold-copper project and earn 70% interest in the 12...

1 month ago

2 min read