GPR geopacific resources ltd

What is a JORC resource of 1.5M oz of Au near the surface in PNG...

  1. 666 Posts.
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    What is a JORC resource of 1.5M oz of Au near the surface in PNG worth?

    Do the maths on the lowest TO of this at USD$10/Oz

    It costs USD$30-50/Oz to find an Oz of Au from pre-IPO stage to report the JORC estimate.

    USD$15M market cap (AUD$22M) and currently AUD$13M @ 2.6c AUD.

    Re-value on the basis of a take over @ MC of AUD$22M = 4.4 cents a share

    My average price is 3 cents.

    Institutional investors are pouring money into the company and like me buying shares at 1.6 cents up to 2 cents a share.

    Shares trading up 8.33% today

    So your point is what?
    Last edited by Chicarno88: 03/04/23
 
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