Another release today that should have accompanied the initial release re this sale which was totally unnecessary and amateurish. I believe the new owners may have a bit of passion to see Lewis Ponds advanced to development which was obviously sadly lacking with GRL. This lack of passion and dedication from GRL is really quite bizarre considering the in situ metal value and potential to add additional resources across a strongly mineralised corridor with rich gold endowment. The continuation with GRL’s mix of base metals and REE may hobble the SP. I believe the correct course of action for GRL was to float Narraburra so that the two separate entities could have focused and which would have strengthened market sentiment. The jewel in the crown is gone. GRL sold their most valuable asset and the SP is heading back to 4c. And for the ill informed, cash held rarely influences the SP with most explorers.
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- Ann: Godolphin to Sell Lewis Ponds and Mt Bulga for $11 Million
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Mkt cap ! $3.208M |
Open | High | Low | Value | Volume |
1.6¢ | 1.8¢ | 1.3¢ | $81.49K | 5.802M |
Buyers (Bids)
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1 | 262122 | 1.4¢ |
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Price($) | Vol. | No. |
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1.5¢ | 313887 | 1 |
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No. | Vol. | Price($) |
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1 | 262122 | 0.014 |
2 | 1484554 | 0.013 |
1 | 90905 | 0.011 |
4 | 350094 | 0.010 |
3 | 216449 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 313887 | 1 |
0.016 | 500000 | 1 |
0.018 | 197975 | 2 |
0.020 | 19620 | 1 |
0.030 | 666665 | 1 |
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