"How do you get $1 billion market cap ?"A lot more drilling with...

"How do you get $1 billion market cap ?"

A lot more drilling with Bonanza results, and a PFS to match. Not going to happen overnight.

I think it will get there. IMO up to date there has been a bit exuberance on the part of retail investors.

I did buy more today at the lows.

From ANN:

• "Post the quarter, Genesis outlined its vision is to build a premium Australian gold miner marked by sustainable, high quality production
• of +300koz pa (refer to ASX announcement 4th April 2022 “Open for Business - Corporate Presentation”).
• Genesis Managing Director Raleigh Finlayson said: “We have laid the foundations to achieve our goal of becoming a 300,000ozpa
• producer.
• “There is immense scope to grow our 2Moz Resource at Leonora by extending the existing mineralisation and through discovery.
• “We are well-funded to create value with $20m cash in the bank and we are building a top-class team which already includes several
• highly experienced gold mining executives.”

Anyone know when these new tenements outlined in red were approved. I have not noticed them before this ANN. Noticed a couple of other small increase in the number tenements.

It all depends what pathways the orogenic gold mineralisation took 2.6 B years ago and how deep the resource goes.