Looks like I may have found the expected date for mining license. "16th of August."
http://www.rmresearch.com.au/wp-content/uploads/RMResearch-Flash-Note_GPX_20160727.pdf
"Price Catalyst Offtake/project financing, granting of the mining license (August 16) and regional exploration drilling results from Shimba. Note that Magnis Resources Ltd (ASX: MNS) (situated 13km from Chilalo) has a market capitalisation of A$431m based on a 174Mt @ 5.4% TGC—key takeaway— this is as much a resource play as a near term cash flow play."
"RMR is maintaining its speculative buy rating on GPX on the back of the imminent granting of the mining lease, likelihood of further exploration success and additional JORC resources at Shimba, the conclusion of offtake and funding negotiations (China Gold and CNBM) and the attractive project economics. We will quantify the financial metrics in our initiating coverage in coming weeks."
- Forums
- ASX - By Stock
- MVL
- RMR Research Report (Brief)
RMR Research Report (Brief)
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MVL (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.637M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 550759 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1153781 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 550759 | 0.008 |
1 | 700000 | 0.007 |
3 | 1330073 | 0.006 |
1 | 300000 | 0.005 |
1 | 400000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1153781 | 5 |
0.011 | 979721 | 2 |
0.012 | 1527067 | 4 |
0.015 | 200000 | 1 |
0.024 | 560400 | 1 |
Last trade - 10.04am 22/08/2024 (20 minute delay) ? |
Featured News
MVL (ASX) Chart |
Day chart unavailable