Greatland has a right of first refusal over Havieron as part of its 30/70 joint venture with Newcrest/Newmont. Terms of the deal are currently confidential but, in a statement, Greatland did confirm that the consideration would be a mix of upfront cash, deferred payments and equity and depend on Newmont also completing Telfer tailing storage facility remediation work. Under AIM rules, the deal would be structured as a reverse takeover. Shares in Greatland have been suspended in both the UK and Australia while the deal progresses.