Good points - I agree GMD is doing everything right in starting a mining operation with little to no cash in the bank, bringing in the money and then using it to keep expanding their resource base.
On thier website it states they believe that they can get 4+ years out of Ulyssis, so this initial planned 4 month mining is just the beginning.
Although it is frustrating that their market releases never pump the stock price up, the fact that they are very careful with what they do release, without the hype some asx listed companies deliver, gave me the confidence to invest. I am pretty sure we will see a slow steady increase in the value of the company as the year progresses and everything gets underway.
Ann: Information Required Under ASX Listing Rule 3.10.5A-GMD.AX, page-10
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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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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |
