GNL great gold mines nl

massively undervalued by market

  1. 31,084 Posts.
    Current market cap of 20-25m

    600k oz of gold at pinjin ( thats just initial inferred resource and thats very limited)
    600,000 x 780 AUS$ oz for gold

    * $468 million

    Mt beavan with inferred resources so far of 2.2m tonnes of iron at $100 per tonne looking ahead to next year at the earliest

    $220m

    Elayina deal with ABU the joint venture has tunred up zinc platinum and silver
    Newmonts JV deal which is still yet to drill
    Plus about 20 other tentements GNL has

    Elayina could have upwards of $500-1B in reserves

    That's current market cap of $20m ish versus company possible value if they ever drill of $3B do the sums people do the sums

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.