Trade Greatland Gold PLC - GGP CFD

About Greatland Gold plc

Greatland Gold plc is a United Kingdom-based mineral exploration and development company, which is focused on gold exploration in Tasmania and Western Australia. Its projects include Paterson, Firetower, Panorama, Ernest Giles, Warrentinna and Bromus projects. The Paterson Project covers more than 560 square kilometers (sq km) in the Paterson province of north-western Australia. The Paterson Project also include Havieron deposit and Rio Tinto’s Winu project, which hosts gold and copper mines. The Ernest Giles project is located approximately 250 kilometers (km) north-east of Laverton in the Yilgarn in central Western Australia. The Ernest Giles project covers approximately 850sq km of unexplored Yilgarn Craton hosting greenstone belts and intrusives with over 85km of strike of prospective rocks. The Bromus project is located approximately 25 km south-west of Norseman. The Firetower project is located approximately 65 km west of Launceston and approximately 35 km south of Devonport.

Financial summary

BRIEF: For the six months ended 31 December 2021, Greatland Gold plc revenues was not reported. Net loss increased 34% to £3.6M. Higher net loss reflects Administration expenses increase of 33% to £1.1M (expense), Finance costs increase from £0K to £97K (expense), Other income decrease from £13K (income) to £0K.