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.
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