The size of the resource means nothing now. It is already big. It doesn't matter if it is super-fricken huge. It is still worthless, if no one can mine it.
Question is how long until GGG or someone else can mine it and how long can GGG hang on for.
A dose of reality for all hot spec. money that drove the sp on hype and hot air.
No bigger co. will pay a premium for this deposit, they will just hang on until GGG are desperate and pay cents in the $ for it, for a future punt/growth option whenever Greenland sort their stuff out.
May have a punt at 10c or so if it gets there, if not there are other shares to buy.
choice
sell depth, page-19
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.08M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $1.063K | 53.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1947895 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 200000 | 1 |
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| Last trade - 11.05am 24/07/2024 (20 minute delay) ? |
| ETM (ASX) Chart |