In the interests of balance, IMO it should be noted that this is an exploration play and success is never guaranteed. Those expecting this stock to behave like a dividend producing ASX 200 stock should look elsewhere. Those expecting that the charts can be reliably read and acted upon, I suggest you move along. It is an exploration play. A pretty attractive one at that:
Attractive tenements adjacent to previous mega-success.
Extremely attractive geomagnetic readings.
A good new management team clearly focused on prudent expenditure of shareholder funds and on regular and clear shareholder communications.
World class geologist overseeing their exploration programme.
This programme has now transitioned from closing out the old mgt/geo's activities and on to the high value targets.
Well funded for now.
But it is an exploration play. GLTA.
MRD Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held