GRL 0.00% 1.9¢ godolphin resources limited

"It is my belief that a J/V Partner could earn its way forward...

  1. 207 Posts.
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    "It is my belief that a J/V Partner could earn its way forward in the future for the benefit of GRL."

    Yes, such a partnership would be excellent news for GRL. It would allow GRL to focus on Narraburra while ensuring the copper/gold projects continue to be advanced in a timely manner. It would be great in terms of de-risking the company's projects and mitigating any cash issues.


    "Of course I am speculating..."

    Okay. I was just hoping you might have heard something from an inside source. (No harm in asking.)


    "I see it as the easiest and most meaningful way for GRL to advance . GRL's cash position holds it back and I am convinced that the Narraburra project is affordable as a GRL standalone project."

    The next 6-9 months should see a lot of positive news flow and developments from GRL. I think by early/mid 2024, GRL will be in a much stronger position. By that time, GRL will have upgraded both its Narraburra and Yeoval MREs and should appear much more attractive to potential partners.


    Last edited by MrSetarcos: 21/08/23
 
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