Thanks Spec. The major shareholders increasing their positions is definitely a great vote of confidence in the merger. I may be alone in saying this but I do believe management has made the right decision with the merge. This shouldn't be about which entity is getting the better/worse end of the stick, the focus should be on the long term benefits. In the short to medium term we have now effectively doubled our exploration exposure through the 2 entities, plenty of assays and news flow to come to draw attention and to also keep investors interested. Also love how Glenburgh is a pretty advanced exploration project and is a possible avenue for GCY to eventually turn into a multi-mine producer in the future. Highlights for me: current GCY market cap is now below Dalgaranga replacement cost, production ounces and LOM will increase because of the merge, and plenty of exploration upside to come.
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- Updated company presentation 24th June 2021
Updated company presentation 24th June 2021, page-4
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