GMD 0.81% $2.50 genesis minerals limited

Ann: MOU Signed For Toll Treatment of Ore - Ulysses Gold Project,EGS-GMD.AX, page-36

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  1. 483 Posts.
    True. Give them a call and ask what's up. As I'm not in Australia ATM I got my dad to call them and my interpretation of his breakdown was not the best, sorry.

    From my understanding the better the results and the more proven gold there is in the pay dirt the easier it will be to sign contracts with the mill as they will be getting a percentage. Unless they are just going to pay them to rent the plant?

    The Minig feasabilty must also be reliant on the same results? It is super late though and I also would like to know exactly what's going on.

    The company is trying to move in the right direction, but having some serious communication issues. I am somewhat glad about this as it has kept the stock price low enough to still make a semi-ground floor entry. Nice work to everyone who go in lower.
 
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