GMN 12.5% 0.4¢ gold mountain limited

Ann: Exploration commences on Clay-Hosted REE tenements, page-5

  1. 4,901 Posts.
    lightbulb Created with Sketch. 935
    AUZ is not up 800% lol more like 80% from its lows.

    Inportant to look at the EV.

    They have an EV of ~ $10.5m
    GMN have an EV of ~ $8.5m

    GMN will need a raise to do anything meaningful and suspect it will come next week on the back of today's ann.

    Nice little punt, but for what they have atm AUZ is far superior Price v potential
 
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