GCY 1.82% 54.0¢ gascoyne resources limited

This company has a brand new plant, what they don't have is...

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  1. 93 Posts.
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    This company has a brand new plant, what they don't have is sufficiently high grade material to feed into it for a sufficiently long time to generate cash flows higher than the current market cap at current Au price.

    Exploration results may (or may not) translate into increased grade, production, LOM etc.

    I don't think they would halt trading if not material as just yesterday they published assays.

    => should be positive catalyst IMHO if it's just about exploration.
 
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Currently unlisted public company.

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