GRL godolphin resources limited

Amigos, a very good summary of the many rojects and there is...

  1. 2,896 Posts.
    lightbulb Created with Sketch. 1765
    Amigos, a very good summary of the many rojects and there is action taking lace on all of them. In particlualr, there are a couple of statements which are important for patient long-termers.

    1. On page 2: "Well funded with $4.73m at bank to progress a strategic and targeted exploration program". So the presentation maybe giving shareholders the long-awaited update. That's good. If GRL can hit good grades in their drilling in the next 3 to 4 months, and the market lifts the shareprice to a sustainalbe level that is clealy above 20c, the options could be converted. As @gc2016 points out, that would avert a cap raising.

    2, On page 12: "Soil sampling underway at the Williams prospect, south east of Lewis Ponds". In the previous exploration update, GRL said that landowner negotiations were underway and progressing well. So the new statement shows that those negotiations must have been completed and now GRL has moved onto fieldwork. Good news.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $4.039M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $151 16.77K

Buyers (Bids)

No. Vol. Price($)
14 4592560 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1118893 5
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
GRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.