skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 
Six months into his role as CEO of Greatland Gold (LON:GGP), we asked Shaun Day about the challenges and opportunities facing the company. He comes with plenty of experience, gained after more than 20 years in the mining and infrastructure sectors, as well as investment banking and international accounting. Day was previously CFO of Northern Star Resources (ASX:NST), when he steered the company’s market capitalisation from AU$700m to AU$8bn. Prior to that, he was CFO of SGX-listed Sakari Resources, one of Indonesia's leading thermal coal exporters.

AT: Greatland Gold is ‘unique’ among London gold stocks, says Canaccord. Why?

Compared to London-listed gold mining peers, Greatland stands out as a differentiated player with a significant stake in what potentially will become a large scale, top-tier asset, with a tier 1 partner (Newcrest Mining [ASX:NCM]) driving development, in a tier 1 jurisdiction (Western Australia). By taking advantage of Newcrest's existing processing infrastructure located nearby, Havieron [a prospect in northern Western Australia] has a relatively low capex and low risk pathway to production.

AT: What is the strategy to move GGP “up the value curve and develop the wider business”, and what is the ultimate goal?

We are focused on leading the discovery of tier 1 gold-copper deposits. Ultimately, this means taking Havieron into production and growing Greatland into a multi-asset, multi-commodity business of significant scale.

 

The rest of this article is not available as it is for members only. Please log in below or visit the registration page for Armchair Trader+ to see the benefits of becoming a member.


Log In or Sign Up to Continue Reading

Already an Armchair Trader+ member? Log in here:


Not a member yet? Sign up for your free trial or check out the benefits of membership.

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader+ for further details on the benefits of becoming a member.

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

James Norris

James Norris

James is a highly experienced writer and editor, gained from more than 20 years in the financial services industry, in particular wealth management and asset management.

He initially worked as a financial journalist for a number of leading media brands, including the FT Group, Financial News, Euromoney and Incisive Media, covering most aspects of the asset management industry. More recently, James switched to work as an in-house content specialist for fund management and wealth management groups, including JP Morgan Asset Management, Quilter Cheviot Investment Management, AXA Investment Managers and Invesco Perpetual.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
Trade Nation
WisdomTree
ActivTrades
Back To Top