GL will use this latest announcement to attract some interest from brokers.
Cash and existing resources total the following (and this is being conservative):
cash 16.4c per share Great Australia royalty 7c per share Mt Colin 5c per share Kangaroo Rat 2.5c per share Vertigo 1.5c per share TOTAL 32.4c per share
So with existing tangible assets of 32.4c per share that have either been monetised or will be monetised in the not too distant future, how can you not be interested in the potential of this company to find the next CCP for a paltry 21c per share??
EXS Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held