GPR 6.25% 3.4¢ geopacific resources ltd

Hi Rhama. The GPR threads are pretty lonely places! I think the...

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  1. 630 Posts.
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    Hi Rhama. The GPR threads are pretty lonely places! I think the Fiji holdings have great potential and it was all a matter of timing (and funds), and with such good results coming through from Cambodia the focus has been there. I have had my eye on Fiji since i was holding a U stock that had a share in Raki Raki with them (probably still has).

    They must be extremely close to firming up their initial resource in Cambodia (i was expecting this month) so they are now able to focus on planning for Fiji given the favourable gold pricing along with the favourable renegotiation of final payment for Cambodia. This was spelt out in the last quarterly too so it hasn't been a quick decision as others may think. I don't think it is a changing of priorities at all and i am not concerned with the lack of news from Cambodia. I think the next news will be the big one - the maiden resource! I think a lot of people are going to be surprised by this. I put the recent selling down to tax loss selling, as all in all volumes are small, and possibly a few nervous nellies thrown in there too.

    The company imo has been very good with their shareholders and their funds. Patience helps with this one. Cheap as chips at the moment!
 
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Last
3.4¢
Change
0.002(6.25%)
Mkt cap ! $25.17M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $3.311K 101.1K

Buyers (Bids)

No. Vol. Price($)
3 928000 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 214180 2
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Last trade - 15.33pm 06/11/2024 (20 minute delay) ?
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