The mill is the key. As the article states in AFR. A new mill with current price increases could potentially cost GMD double what Dacian paid for theirs. So thats a win for sure. 100m for a mill that would have cost of $300+ million to build new for them. Forget the resources in the deal. They are buying for the mill. The resources are just cream if they can pull off what Dacian couldn't.
The mill is the key. As the article states in AFR. A new mill...
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Last
$1.76 |
Change
0.025(1.45%) |
Mkt cap ! $1.968B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.72 | $6.123M | 3.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 101629 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 28417 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GMD (ASX) Chart |