Well. Now the story is getting really interesting.The experienced team is awaiting further assays from recent drilling which will contribute to a resource evaluation.
The components of the Gidgee project are taking shape and the region has the hallmarks of multi million ounces according to the latest release.
Realistically, this year should be one which projects the Company towards early stage production, most likely at least initially by nearby toll treatment, and with the local price of gold being sustained and circa $2000/oz significant shareholder wealth will be forthcoming.
Personally, I believe that the fundamentals are strong enough for gold to continue generally higher. This all bodes well for junior gold companies who have resources capable of near term production. Historically, juniors of this nature have shown far greater leverage than the majors as SP's have been held at the bottom of the market for far too long.
GLTAH
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $10.22M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $27.32K | 1.062M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 224304 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 233580 | 2 |
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| Last trade - 15.03pm 31/07/2025 (20 minute delay) ? |
| GML (ASX) Chart |