GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Operational Update and 2019 Production Guidance, page-16

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    More debt. $84 million total.

    Mining contractor “support”.

    Grades remain lower than feasibilty by about 35%

    High strip ratio, feasibilty says two years, company says CY2019??

    EV = $156 million

    Better options out there on risk/reward I would think.

    Good luck. Lucky the gold price is a tailwind at the moment. Esh
 
watchlist Created with Sketch. Add GCY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.