GAL with just one exploration hole (no resource, no reserve, no metallurgy) doubled our MC today! on a risk off day. The hole showed 33m@ just over 2PdEq from 144m.
Our recent drilling produced (among other wide intersections of over 1.1PDEq close to surface) √[email protected] from 80m √[email protected] PdEq from 78m √[email protected] from 8m
Despite ample evidence and metallurgy documenting our deposit is economically viable, the market was not taking very seriously our Panton back door listing and since then we restructured our management team by adding some exGXY members, including our current MD, and other high profile individuals.
Our focus shifted to pursuing bulk rather than just grade. We have lots of historical drilling and a JORC mineral resource of over 14Mt@ 4.89g/t PGM plus some Au and Ni.We are currently waiting for an upgrade to our MRE
It would appear clear that we are grossly undervalued
IMO we are on our way to break that recent high @0.28 and then the fun will start
GAL with just one exploration hole (no resource, no reserve, no...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $11.50M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $11.04K | 552.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 304966 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 500000 | 1 |
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| Last trade - 15.21pm 10/07/2024 (20 minute delay) ? |
| FME (ASX) Chart |