GML gateway mining limited

sorry for my ignorance - but if the gold price is something like...

  1. 1,821 Posts.
    lightbulb Created with Sketch. 368
    sorry for my ignorance - but if the gold price is something like 2,000 an ounce and we currently have 475,000 ounces, why is our MCAP so low?


    assuming capital costs for mining equipment and time risk given mining is probably a long way off?

    what are profit margins generally for every dollar of gold extracted for an open cut gold
    mine?

    what am i missing?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.6¢
Change
-0.001(3.70%)
Mkt cap ! $10.62M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $9.1K 350K

Buyers (Bids)

No. Vol. Price($)
1 1940 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 233580 2
View Market Depth
Last trade - 10.01am 31/07/2025 (20 minute delay) ?
GML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.