I see GMD is presenting at the RRS on the Gold Coast at the end of May .Hopefully some exciting drilling results to be announced prior to the Conference.
The SP has gone backwards over the last 12 months .I purchased a few after Michael Fowler presented last year .
I think the Market may be disappointed with the cashflow generated from the recent partnership agreement .GMD said they should get cashflow of between $5-7 Million I haven't done the numbers but it appears they are well short of that estimate.Gold Price decline didn't assist either .
On a positive they have great ground they are drilling in , so here's hoping .
Ann: Quarterly Activities Report, page-5
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |
