GSM 0.00% 1.1¢ golden state mining limited

GSM: if they only discover 100k ounces, which is very very low,...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 148 Posts.
    lightbulb Created with Sketch. 1
    GSM: if they only discover 100k ounces, which is very very low, at AISC let's say $1,500 which is pretty high, that gives at current gold price $1,200 per ounce PROFIT totals $120mln. Current market cap 20mln, so that SP would be at $6 instantly?
 
watchlist Created with Sketch. Add GSM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.