Thank you for that inspiring "flip it" possibility @troyboy84
It seems obvious now I've read it - but I hadn't considered it before.
Given that PLS have been looking for acquisitions and are very cashed up, and the proximity of MBLP to PLS operations, it would seem reasonable that PLS could make an offer for the MBLP.
I think that the current grades at MBLP (a touch low in my view - which is why GL1 moved focus) make it much more viable as a resource for a current producer than they do for a new set up. i.e. the MBLP resource is a better fit for PLS than for GL1.
Obviously PLS would need to see it as a win before they would be interested - and I really have little idea if that's the case - but it would certainly enable GL1 to move forward more quickly if it could focus time, energy and extra dollars at Manna.
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Thank you for that inspiring "flip it" possibility @troyboy84 It...
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $83.28M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 35.0¢ | 31.5¢ | $1.112M | 3.597M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 74671 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 73331 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
0.010 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 35.0¢ | 32.0¢ | 170448 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| GL1 (ASX) Chart |