GCY 1.82% 54.0¢ gascoyne resources limited

#MeToo no blindness here on my part as I watch the SP hit 29 and...

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  1. 1,699 Posts.
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    #MeToo no blindness here on my part as I watch the SP hit 29 and consider post SPP movements.

    I always pushed the line that this is an individual choice ....... do not care what peeps do but tryin to point out how an SPP buy varies to an on-market (in both the good and bad ways).

    On the underwriting thing ....... If the underwriters have to pick up a big chunk then I know what happens next (and by next I mean for maybe 6-8 months) ...... and the dilution is done anyway for holders.

    If the plant is mothballed due to whatever issues (IF IF IF IF) then we will all need a 5 year drawer for this. That gold has been in the ground a long time, it does not care if it comes out or not - that is our decision on what capital we are prepared to spend to get it.

    Good luck to us.
    Last edited by HelloU: 08/09/18
 
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