GMN 0.00% 0.3¢ gold mountain limited

Ann: Change of Director's Interest Notice, page-9

  1. 601 Posts.
    lightbulb Created with Sketch. 169
    "All for AUD9M
    Hold that thought."

    Exactly mate!

    As the SP didn't move on the CR amd it was for 0.004 basically anyway, the value now is 3mil in the bank, so all of the leases across Gold, Copper, Lithium and REE are being discounted heavily, as I believe the land along is probably worth a few more $$ then 6mil.

    I also don't fully understand the various directors across various companies etc.

    But what makes me curious, hence investing here, is that even at todays price, with the 600mil Mars holds (read $2,400,000) I don't see the reasoning as to why a private company would give away a few million dollars of land in exchange for shares in a company if the company was as some nonholders deem, as a 'lifestyle company etc etc.

 
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