GMD 0.75% $2.00 genesis minerals limited

Ann: Genesis increases FY25 production outlook, page-9

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  1. 1,009 Posts.
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    Hey Greenie,

    Good to hear from you again, since back in the old Dacian days (if only THEY had great m'ment like what we have here at GMD).

    Anyway, the way the state of the world is right now (rising costs of living, ongoing wars, high i/rates etc) IMO it is only a formality that gold will continue to climb, at least until the above changes.

    What will be get to and how will this affect GMD? Who knows but as the GP continues on its merry way, so will GMD SP as we currently have NO HEDGING (Something the Dacian Board headed by dodgey RW should have done).

    And don't forget, GMD has SO MANY options on what to mine, they can ramp up production anytime, not to mention the reserves they already have. Plus no debt and a super strong alance sheet.

    Hence why I top up every time the Shorters pull it back down to the low $2s.

    Much more at ease with this mob headed by trusty RF!

    Rolls Royce of gold mining!

    gltah
 
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