Brilliant news !!
Also you may all wish to understand the process further so I've provided the McPhillamys govt. process, so that everyone can factor in time-frames.
That said I believe given Regis has a total current resource across assets of ~5m ounces that the ~2m ounces of McPhillamys tenement alone is very significant to Regis' market cap.
I'll let you all do the numbers in relation to GRL, I'm a buyer again at these levels, anything up to ~30c is considered fair value given this additional result.
Logic will prevail ...
https://www.planningportal.nsw.gov.au/major-projects/project/9821
NL.
Brilliant news !!Also you may all wish to understand the process...
Add GRL (ASX) to my watchlist
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Last
2.2¢ |
Change
-0.003(12.0%) |
Mkt cap ! $4.202M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.2¢ | $8.738K | 353.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 29140 | 1 |
View Market Depth
| Last trade - 12.36pm 07/05/2024 (20 minute delay) ? |
| GRL (ASX) Chart |