I am not that worried as, even though I have had a go at management, I think they are doing everything right in terms of setting themselves up to become a gold producer.
Good Points-
They have set up the first mining phase without having to raise capital from the shareholders, which is a huge plus.
They have said that they are going to use the money raised to drill to provide more dirt for the mill- another nice move.
They are also going to start drilling at Viking with an outlook to doing the same thing they have done at Ulyssis in finding a shallow deposit which is easily mined.
Weak points-
Information. The information they provide to the market is slow and they only release a very limited amount. They are definitely not marketing themselves.
The management hold a lot of cheap options that are have a shirt expiry date thus it is in their best interests to sell on market.
- Forums
- ASX - By Stock
- Ann: Information Required Under ASX Listing Rule 3.10.5A-GMD.AX
I am not that worried as, even though I have had a go at...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GMD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.52 |
Change
0.090(3.70%) |
Mkt cap ! $2.392B |
Open | High | Low | Value | Volume |
$2.51 | $2.56 | $2.51 | $6.419M | 2.542M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 31792 | $2.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.53 | 26593 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 336863 | 0.032 |
5 | 670322 | 0.031 |
3 | 1463983 | 0.030 |
1 | 35715 | 0.028 |
1 | 50000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 228961 | 2 |
0.034 | 71429 | 1 |
0.035 | 420000 | 4 |
0.036 | 135567 | 3 |
0.037 | 435696 | 2 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
GMD (ASX) Chart |