Gold raging … but GMD does now need an acquisition, page-11

I do realise it’s a GMD thread Sally … thank you

appreciate your contributions to keep it alive

i maintain the opinion that GMD needs an acquisition, unless the ounces produced profile painted in the Annual Report is inaccurate or ultra conservative

a ~ $3 billion valuation is reasonable compared to peers, it is not cheap

in my opinion, GMD should be making an acquisition with scrip whilst it now enjoys the recent re-rating driven primarily by gold price improvement and market sentiment.

GMD has the quality of management and institutional support to consolidate into a number of mining hubs and be the star in the Aussie gold sector. Organic growth is going to be too slow for where the gold market is currently heading