GML gateway mining limited

A couple of years ago management indicated to me they are...

  1. 1,189 Posts.
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    A couple of years ago management indicated to me they are interested in taking GML to production

    If you truly believe that then I have a bridge to sell you.
    I have been in no end of gold companies that agreed to takeovers at only 20 to 30% VWAP premium to a very low share price, despite claiming for years they were going for production. BDC is the latest example, and they had over 3 million ounces in resource and a much lower EV per ounce than GML. In fact, even with the latest (weak) increase in resource, GML is still expensive on an EV per ounce basis. I think escalol12 is correct regarding a takeover rather than production. This mob quietly moved on to better pastures a year ago; that was the time to sell.
 
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(20min delay)
Last
2.7¢
Change
0.002(8.00%)
Mkt cap ! $11.03M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $16.14K 612.6K

Buyers (Bids)

No. Vol. Price($)
2 484614 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 520294 2
View Market Depth
Last trade - 14.02pm 25/07/2025 (20 minute delay) ?
GML (ASX) Chart
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