GMD 0.81% $2.50 genesis minerals limited

Ann: Information Required Under ASX Listing Rule 3.10.5A-GMD.AX, page-9

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  1. 3,513 Posts.
    lightbulb Created with Sketch. 47
    Looks like we're just waitingon the last couple of permits to be issued for the Ulysses toll treating project, which could happen any day, and then we're off and running. I'm reasonably comfortable with the amount of info the company is issuing.

    It's umderstandable that the SP drifts lower as we wait for mining to commence, ore to be processed, gold sold and exploration funded.

    News that we're underway should help support a higher SP. How much? A cent or two or three here and there, particularly if the project surprises on the upside, say with positive ore reconcilation.. But if the SP can build a solid platform when gold is being produced, any positive exploration news could see the SP jump.

    I'm in the same boat as Tigers i think, averaged down after an injudicious purchase many years ago. I'm glad that there's a strong chance now that all funds will be redeemable. That's the hope anyway.
 
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Last
$2.50
Change
0.020(0.81%)
Mkt cap ! $2.392B
Open High Low Value Volume
$2.50 $2.53 $2.49 $6.193M 2.470M

Buyers (Bids)

No. Vol. Price($)
4 31923 $2.49
 

Sellers (Offers)

Price($) Vol. No.
$2.51 119324 6
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