The Fosterville analogy was actually dragged out in an older GNM investor presentation, I did have it open earlier on today, going back to when GNM acquired the leases in North QLD.
The orogenic style and vein hosting stuff along with refractory ore makes the comparison seem like corporate spin, until you see the long section of Fosterville and the similar age of rocks and the same shallow plunge and high grade hinge zones and other structural elements.
As others have pointed out - the area is ridiculously under-explored and when GNM first turned up, there were only a handful of drill holes deeper than 100m which is laughable, but explained by record low gold prices, junior fractured ownership and the remote location and metallurgical complexity going against it.
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The Fosterville analogy was actually dragged out in an older GNM...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.164M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $1.12K | 80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 97360 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 34299 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 97360 | 0.014 |
2 | 115037 | 0.013 |
5 | 1825000 | 0.012 |
2 | 272725 | 0.011 |
2 | 599995 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 34299 | 1 |
0.017 | 110000 | 1 |
0.020 | 6667 | 1 |
0.021 | 197610 | 2 |
0.022 | 43475 | 1 |
Last trade - 10.35am 18/06/2025 (20 minute delay) ? |
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CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
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