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2.56%

38.0¢ vault minerals limited

Thanks for the kind words Plough. In fact Never Never required a...

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Undaunted

4,665 Posts.

906

01/09/23

10:49

Post #: 69683431
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Originally posted by plough: ↑

I looked back at Undaunted's posts on GCY , he was correct in assuming the Gilbey ore body last year was being mined at a loss, before management fessed up to the fact , he was too pessimistic on the new discovery Gilbeys north/Never never (possibly he did not do enough research on doing his own wire framing which was possible even without software given how uniform the ore body was proving up to be ) but did eventually invest before the share price took off ,
As meat loaf would have said 2 0ut of 3 aint bad
Important to have cynics post on stocks as gives a different view point , as the money of mine boys did the other day on RED with Travis pointing out the high payables RED has compared with CMM at the end of the FY .

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Thanks for the kind words Plough. In fact Never Never required a certain critical mass to save GCY from its second Titanic moment. Once I saw that, I dived in. RED is just through the ramp-up phase for its very hungry 5.5 Mt/year plant in a high cost environment. As GCY learnt, there is not much room for error when processing low grade dirt. I watch from the sideline with interest (not conviction)

RED Price at posting: 25.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 38.0¢		Change -0.010(2.56%)		Mkt cap ! $2.584B

Open	High	Low	Value	Volume
39.0¢	39.3¢	38.0¢	$11.65M	30.26M

Buyers (Bids)

No.	Vol.	Price($)
15	2008098	38.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	275673	3

View Market Depth

No.	Vol.	Price($)
15	2008098	0.380
18	1247970	0.375
20	396477	0.370
8	682729	0.365
12	945110	0.360

Price($)	Vol.	No.
0.385	275673	3
0.390	88751	4
0.395	692600	17
0.400	5605800	56
0.405	1488039	12

Last trade - 16.10pm 28/10/2024 (20 minute delay)

VAU (ASX) Chart