GML

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2.4¢ gateway mining limited

I see your point MRRCThey have 466 million in BTR with 400...

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Cigarsmoker59

267 Posts.

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02/08/24

16:00

Post #: 75047913
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Originally posted by MRRC: ↑

Clearly Management namely Andrew Bray doesn't want to sell the shelf company of GML to another entity. All GML has now is 18,000oz indicated Gold and trading at 2.3 cents. Which is why I got out of GML yesterday after the announcement as GML shares are worthless today. All they have is cash in hand to line management pockets with ongoing fees. Management lost interest in GML and all jump ship to STK and now Andrew Bray is no longer the CEO of STK and I wonder if that was anything to do with insider trading with buying GML 20,000,000 purchase of STK shares for only 4 cents just before they took off to 20 cents a share. Notice L11 Capital - Andrew Bray Sole director has changed its name to Zozo Capital.

You know when Peter Langsworthy was CEO of GML he was farming out the GML tenements saying they were not important to us and his company OMNI GeoX was picking up the drilling contracts from those companies which was worth $$millions. Conflict of interest it is called. I brought it up with the company and funny enough 2 months later Peter announces he was leaving as CEO to further his private interests. Scott Brown is also a director/partner of OMNI GeoX who has just recently stepped down from GML.

I wish you all well who ever is still holding the shares and I really wish you all the very best of LUCK.

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I see your point MRRC

They have 466 million in BTR with 400 million of GML script
and 0.02 in cash per share!!!!!

There net tangible assets are nearly 0.04 a share

plus they have tenements

one could argue they are a screaming buy

GML Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $9.491M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$2.033K	84.71K

Buyers (Bids)

No.	Vol.	Price($)
3	204286	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	423620	1

View Market Depth

No.	Vol.	Price($)
3	204286	0.024
2	1028500	0.023
2	368680	0.022
1	52500	0.019
1	62562	0.016

Price($)	Vol.	No.
0.026	423620	1
0.027	125000	1
0.029	100000	1
0.030	1475000	3
0.033	100000	1

Last trade - 14.26pm 11/10/2024 (20 minute delay)

GML (ASX) Chart

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