Current price here is pretty bloody cheap!! MC = $360mil.
The market doesn't actually like it when companies announce mass drilling programs because they see "money spending" for the chance of finding something.
But in this particular case, I believe they know the resource is there so I feel it has a smaller risk compared to other companies with their drilling campaigns.
With $70mil in the bank, Project valuation = $290mil (total $360mil company value) all in sunny WA and in mining jurisdictions, makes GL1 pretty compelling.
GL1 is definitely back on my radar.
IMO, not investment advice.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Current price here is pretty bloody cheap!! MC = $360mil. The...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GL1 (ASX) to my watchlist
|
|||||
Last
30.0¢ |
Change
0.015(5.26%) |
Mkt cap ! $78.08M |
Open | High | Low | Value | Volume |
28.0¢ | 31.5¢ | 27.5¢ | $239.7K | 804.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10526 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 2418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10526 | 0.285 |
2 | 35714 | 0.280 |
3 | 18168 | 0.275 |
6 | 89374 | 0.270 |
4 | 63000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 2418 | 1 |
0.315 | 41218 | 1 |
0.320 | 72886 | 3 |
0.330 | 108222 | 4 |
0.340 | 425 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
GL1 (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online