I believe with the news of Candela X and Pata Pila now locked up we should have a BIG Monday (yes, short trading day!
It may take a few days as "maybe" GLN needs an official doc. before they can confirm with the ASX, where the QGIS website get's the paperwork first? (I don't know how they do it?)
I also think the first week of Jan. is going to be pretty interesting from what I'm hearing and seeing from DMOR...
I think GLN have this planned out perfectly.
If we get a few ASX confirmations on Candela X and Pata Pila then MAYBE ...
some other "interesting" news....
then drilling updates....
THEN drilling results.
The market will quickly see why HM (GLN) is special and will chase after shares.
Problem is...with every bit of news in the coming days, CURRENT sharekers won't sell IMO.
Everyday we get closer to drilling results from the first hole (rigs are get set-up now)...
basic business common sense says to wait for drilling RESULTS.
With no supply...and a few big guns coming in to buy (word spread fast on the ASX)...
plus current SHs topping up.
Supply will be only found well north of 50-70 IMO.
(remember a MASSIVE 42% of the shares are controlled by mgmt. and insiders and they aren't selling. Plus a large CORE share of shareholders who have DTOR and know what GLN has
So the float for the rest of the shares is small...VERY small. If only $1-2M dollar wants to get in...they'll need to pay top dollar for they right to own a GLN share.)
If GLN can prove a JORC equal or BETTER then POSCOs size and purchase price (385M)...
Well, 7oM+ MC isn't a big ask...is it?
while we wait a few more months for a JORC that confirms a 300-400m+ MC
IMO
DYOR!!
Seriously...look at what we have and base your investment and trading decision on that data you have.
Your GUT is normally right!
IMO...this is one of the great investment opportunities that only come around once every 10 years on the ASX. Hopefully everyone can ride it all the way.
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.50M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $232.3K | 1.669M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 2178553 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 746751 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.115 |
7 | 472031 | 0.110 |
11 | 947628 | 0.105 |
25 | 1490999 | 0.100 |
2 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1573785 | 9 |
0.130 | 254710 | 7 |
0.135 | 293280 | 3 |
0.140 | 225541 | 3 |
0.145 | 344396 | 6 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
GLN (ASX) Chart |