12m in cash left!?! That’s great news for me. I thought they would be closer to 3m, way off the mark there. Completely unhedged, debt-free, with a bonus of some low grade stockpiles to maximise mill runs when NN is dug out.
Imo, if the next drilling campaign returns extensions to NN down plunge, 200m+ mc easy and an obvious TO target.
GCY is in a very unique position having the mill, no debt, ~12m in cash and so far a significant gold find.
this report clarified a lot of questions I had. I will definitely be putting in more money when this resumes trading. Perhaps a thread on SP expectations and trading strategies could be useful to help us plebs navigate through what I think will be a volatile reopening.
hoping for the best here for all holders.
gltah and dyor
Ann: Quarterly Activities Report and Appendix 5B, page-2
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
83.0¢ |
Change
0.010(1.22%) |
Mkt cap ! $916.8M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.5¢ | 82.0¢ | $3.833M | 4.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25650 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 194554 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |