GML 4.55% 2.3¢ gateway mining limited

Ann: Investor Presentation, page-9

  1. 658 Posts.
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    Hi Vibranium,

    Be careful with your logic there......its the market capitalisation(ie the valuation of the company by the market) which counts, not the share price when comparing one company to another.

    MC = number of shares on issue x share price

    GML's current MC = 1.9bn shares x 0.017c = approx $32m

    You will find that there are very few cheaper gold explorers with the same prospects/potential as GML.

    If you already knew this apologies but thought I'd mention it just in case.

    All the best....


 
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