Logical thoughts mate, but I'll add another fact to the consideration. We are funded to drill for gold and for the nickel (I'm assuming approx 2000m for each), and to continue through assays and benefication.
This should be enough to go through until mid next quarter.
With that in mind, if there's something of value at g88 this will have been announced well beforehand (with the start of that news cascade perhaps a fortnight away), and share price should behave accordingly.
On that assumption, if this can get to 10c+ then the g88o options start to come into play, with the potential to provide $5m funding into the quarter where they might need to be raising. That's double the share price, a $30m company, but if this can be proven to be a free dig then it's feasible.
Again, have to bank on good results for that to come to pass, but there's a possibility that there's no CR needed here until comfortably into next year for a DFS / expanding drilling programs. As such, I think a CR is off the cards
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G88
golden mile resources ltd
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1.3¢

Logical thoughts mate, but I'll add another fact to the...
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $7.075M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $3.272K | 274.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 624216 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 279998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 624216 | 0.011 |
7 | 3463000 | 0.010 |
4 | 740000 | 0.009 |
2 | 2000000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 279998 | 2 |
0.014 | 168663 | 1 |
0.015 | 2050000 | 2 |
0.016 | 941005 | 2 |
0.017 | 500000 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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G88 (ASX) Chart |