re: Ann: Exceptional Gold Intercepts from Bal... Zachary
GMR had $3.782m cash at 30/9/11 and planned to spend $1.7m in the December quarter.
http://www.asx.com.au/asxpdf/20111026/pdf/4220x8947fprcd.pdf
GMR picked up $875k and some shares by selling some tenements in Africa to another explorer (I am assuming this transaction has now been finalised).
http://www.asx.com.au/asxpdf/20111215/pdf/423937jq3t19lz.pdf
If the remaining results confirm that they have a high quality deposit then raising more capital should not be a problem at over 20 cents/share.
It would be great if they could release those results before the Indaba conference which is 6-9 February. That could spark a huge rally, which is what happened last year to PIR after their presentation of their supposed 4 grams/tonne deposit (now known not to have existed, but they have since been saved by very good results from a nearby area).
loki
- Forums
- ASX - By Stock
- AS1
- Ann: Exceptional Gold Intercepts from Balogo in B
Ann: Exceptional Gold Intercepts from Balogo in B, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AS1 (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.58M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $6.06K | 505K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 336600 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 0.011 |
1 | 3000000 | 0.010 |
5 | 898729 | 0.009 |
7 | 1225052 | 0.008 |
6 | 2523375 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 336600 | 2 |
0.013 | 100000 | 1 |
0.014 | 145000 | 3 |
0.015 | 952629 | 3 |
0.020 | 398000 | 1 |
Last trade - 10.58am 19/08/2024 (20 minute delay) ? |
Featured News
AS1 (ASX) Chart |