It's good to see there is still some life in the gold exploration sector.
The biggest mover on the ASX today was a gold exploration company which announced good results from their Ironbark tenement. Their market cap ran from about $38 million to $60m (up 61% for the day). Their EV was up by 112% on the news this morning.
No ... it's not GBR although they do have a tenement in Victoria with the same name to ours and a similar market cap to us prior to open this morning.
Their results were good, high grade and not dissimilar to what we are getting at our own Ironbark, although our big hits are far superior. I'm not taking anything away from them, they have a good team and a lot of good prospects and big potential, however from what I can see they do not yet have an MRE.
It was encouraging to see,
General Discussion Topics, page-2541
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $31.87M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.2¢ | $53.61K | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 555908 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 292814 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GBR (ASX) Chart |