GML gateway mining limited
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11

  1. daicosisgod
    14,920 Posts.
    lightbulb Created with Sketch. 1517
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    04/02/22
    11:38
    Post #: 59354042
    Not sure, but Horizon (HRN) only have about $1.2m cash and deposits available at 31st Dec'21 and it seems they spend just over $2m a qtr on exploration and evaluation.

    Compare this to Gateway (GML) which has $6.2m in cash and seems to spend about $1.0m a qtr on exploration and evaluation.

    I suspect HRN is due for a cap raising any day now.

    Cheers.....D
    GML Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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