GMN
Click for more information
0.00% 0.3¢ gold mountain limited

Ann: Exploration commences on Clay-Hosted REE tenements, page-27

  1. HCmbr
    457 Posts.
    lightbulb Created with Sketch. 340
    clock Created with Sketch.
    18/02/24
    21:45
    Post #: 72473469

    Ok. Here's two questions.


    If


    1

    BRE have over 350 million tons of TREO (at about 1/6th NdPr) sitting in/on a hill top

    that is weathering into a single narrow catchment 8 km upstream . . .

    2

    then


    3

    what is the probability that soil/auger testing in GMN 872221/2023 will discover nothing

    and cost more than $x (insert an estimate here) ?

    4

    and also


    5

    is this a high risk / low reward exploration bet ?

    Maybe someone will think that the answers are not obvious and ask the questions.

    Refs:

    22/12/2023 09:26 ( Monte Alto JORC, pg 20 )

    19/12/2023 15:00 ( Auger Action, pg 57 Fig 12 )

    22/01/2024 08:18 ( NdPr Price 2023Q4 US$60,000/ton, pg 2 )



    GMN Price at posting: 0.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

STN Saturn’s stars have aligned for the gold explorer’s Apollo Project
right-arrow Created with Sketch.
SXE SCEE boosts Synergy deal by $50M for Collie battery project
right-arrow Created with Sketch.
ARU Cashed up Arafura locks in $171M German export agency deal; locks in NdPr offtake for wind turbines
right-arrow Created with Sketch.
A1M Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise
right-arrow Created with Sketch.
AWJ Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance
right-arrow Created with Sketch.
NEWS The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GMN (ASX) to my watchlist
(20min delay)
Last
0.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $7.944M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $29 12.2K

Buyers (Bids)

No. Vol. Price($)
36 48113551 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 13861930 7
View Market Depth
Last trade - 15.41pm 05/07/2024 (20 minute delay) ?
GMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.