GUN 0.00% 1.1¢ gunson resources limited

Ann: CPs to Mount Gunson Excised Area Farm In Agr, page-3

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  1. 238 Posts.
    re: Ann: CPs to Mount Gunson Excised Area Far... I think the best thing for Gunson is to try and sell that copper project if they can get a good buck for it. Cause they are going to need money in the next 3 to 6 months and where the current share price is a capital raising is not very Ideal.

    Interesting to note with the report out today with proactive saying that the project is worth 14cents to Gunson once operational (49% of project). That's about $35 million not sure how much it would cost to build the mine but if they can achieve a sales price of $20 to $25 million that's about 8 to 10 cents per share. That would be a good time to conduct a capital raising to contribute more funds to the main game which is the mineral sands project.
 
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