GRL 3.85% 2.5¢ godolphin resources limited

Ann: Drilling Commenced at Copper Hill East, page-23

  1. 741 Posts.
    lightbulb Created with Sketch. 75
    Brought on heavy volume and sold on small parcels... Trend? Vote of confidence for me. When it recharges it gets wiped out.

    https://hotcopper.com.au/data/attachments/2565/2565665-980d215dccbfea1df19151a367c155eb.jpg
    Will need some more liquidity but happy with how it has tracked since IPO.
    https://hotcopper.com.au/data/attachments/2565/2565683-f900d903b431bc5da1f3399079187da9.jpg
    For me Copperhill East is the money shot that if successful will allow a big raising at a big multiples and provide that liquidity.

    Lewis ponds precious metals from surface is the bread and butter.
    https://hotcopper.com.au/data/attachments/2565/2565691-d5e7b3b322c4e16fd1897eff85d14efc.jpg
    Mt Albury has toll treat potential. Bring on the scissor holes.


    https://hotcopper.com.au/data/attachments/2565/2565694-9ca8c8217bd4d9d12b496823c9fa3b6f.jpg

    Value for money at an enterprose value of $10mil


    Last edited by Rado1982: 16/10/20
 
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