Sometimes those low bids get hit.
I'd be happy to buy more GMD in what would be an averaging down exercise from a foolish purchase of a small parcel years ago.
BUT, the latest drilling results didn't exactly float my boat, being low grade and quite deep.
Nor does the 2.2 gpt resource GMD wants to mine excite me. I'd like to see a higher grade.
I'd also want to see a compelling case of the feasibility of hauling this ore 135 kms by road for toll treatment.
Okay, it avoids major capital spending by the company but processing 2.2 gpt must be marginal.
Sometimes those low bids get hit. I'd be happy to buy more GMD...
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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 |
