IMO it is likely RMS will make a move on GCY once it has secured 50% of MGV...why? because they were always a perfect strategic fit....when this happens WGX will also move on GCY..why? It's done it before and it missed out previously on both GCY and MGV....its hungry...SLR is also pissed it missed out on SBM...it's hungry too...GCY fits its profile too...the high grade ounce WA gold pot is quickly drying up...it may well trump both RMS and WGX...it's cashed up....NN has put GCY on all their radars...the cost to build a new mill is astronomical...labour and materials are in short supply...high grade ounces are in short supply...makes perfect sense to me...50 cents plus if this occurs...we will see....
Move that dirt...
RMS, WGX and SLR high grade ounce hungry
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 16444 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |