Repost: someone had other post removed....
Been scaling down my position in WAF recently and was looking for a few ASX goldies with deep value to add to my holdings. It looks like GPR may fit the bill!
Bulk tonnage, low cost deposit with a material resource. Fully financed to production. Despite hefty finance terms, the deal is with Sprott who is a useful 'partner' to have in this regard.
Slight jurisdictional risk which is offset by a new quality management team (which in my opinion is most important), who have had extensive experience operating in this jurisdiction. Like Rick Rule I like to take jurisdictional risk over technical risk in a project.
Share churn from old holders and from the recent financing likely coming to an end. Value buyers slowly accumulating..
Quality developers less than 2 years from production are my favourite to invest in, done it multiple times in EMR, ORE:TSX, AOT:TSX, MAI:TSX, Continental Gold, CAI Etc.. and for the most part they have all been profitable leading up to production.
For the cherry on top: the technicals align with a falling wedge....
- Forums
- ASX - By Stock
- GPR
- new sprott note
new sprott note, page-13
-
- There are more pages in this discussion • 27 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 GPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.17M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 120000 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 89000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 120000 | 0.024 |
1 | 450000 | 0.023 |
3 | 1477271 | 0.022 |
2 | 1448571 | 0.021 |
4 | 675000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 89000 | 1 |
0.027 | 22173 | 1 |
0.029 | 898309 | 2 |
0.030 | 151800 | 2 |
0.031 | 100000 | 1 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
GPR (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online