Cash PositionGolden Deeps' cash position as at 30 September 2020...

Cash Position
Golden Deeps' cash position as at 30 September 2020 was $2.553 million.

Considering the $8m MC even at 0.015 (EV $5.5m), If all GEDO is converted in next 9 months @0.015 that will be another $2.8m in the bank and an ~$11m MC (EV ~$6m). Thats a fair bit of drilling........

Once they start drilling in a proven gold area this thing should really fly. GEDO has so much Leverage to any success that I had to top up and get set. Sure its quite now but that's how most of my other successful stocks start out.

Now they just need to get the bit turning.........

DYOR