GML 10.7% 2.5¢ gateway mining limited

Ann: Drilling at Duplex Confirms Significant Gold Mineralisation, page-4

  1. 238 Posts.
    lightbulb Created with Sketch. 65
    They love their fancy words

    $240 million capex required to build the mill

    no volume today for HRN so not sure it’s considered that compelling.

    Surely they will want AME and GML’s ounces if they are forking out $240 million for a mill.
    It remains to be seen how they will get the money.

    HRN has a market cap of $40 million and wants $240 million.

    Will they be able to raise that sort of coin?


    Last edited by Cigarsmoker59: 18/03/24
 
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