My understanding is GMD have a 2.1 million ounce resource with no mill and a higher market cap than RED. Why would RED accept an offer from them? And furthermore it bedazzles me as to why they have a 600 mill market cap with a 2 million ounce deposit, seems really strange. RMS would be the better acquirer with producing mines and a much bigger market cap
Ann: Record monthly gold production at King of the Hills, page-46
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $2.737B | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 41.0¢ | 39.5¢ | $4.056M | 10.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 600600 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 78280 | 1 |
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| Last trade - 15.59pm 22/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |