Just a quick read of the announced proposal.
It seems positive for GML as it relieves some of the burn rate regarding holding the passive tenements and is potentially is worth $1m over up to 2 years for GML plus a 1.5% net smelter royalty down the track.
Not brilliant, but at least it provides some potential cash input to GML and importantly reduces the burn rate. Let's hope that Dingo have a successful IPO.
News by the end of month will hopefully give us an indication of progress to a resource estimate for Whistler.
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $11.03M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $12.98K | 475.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 434615 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 368376 | 2 |
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| Last trade - 15.54pm 20/06/2025 (20 minute delay) ? |
| GML (ASX) Chart |