GRL godolphin resources limited

Amigos, Lewis Ponds is only about 10km to Orange, which is the...

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    Amigos, Lewis Ponds is only about 10km to Orange, which is the centre of analysis, exploration & mining in the central mining district of NSW. So there is plenty of existing expertise at all levels. As I understand it, there is al least one plant that does treatment of ore - but I am not sure whether that is the direction which GRL would take. Time for someone (hint - @RED328) to get on the blower and make a few enquiries on behalf of GRL shareholders. My rough estimate of the worth of the existing in-ground resource is more than $1 billion (i.e., for gold alone: 400,000 oz x AU$2500 per oz = AU$1,000,000,000). The long sections of the lodes (eg Figure 2) show that there is high-grade near surface so open-cut mining is a likely proposition for a start-up operation, IMO. The metallurgy which was based on flotation, seems quite reasonable. I think Lewis Ponds is becoming more interesting with every announcement. GRL is currently drilling to expand and better define the resource. And GRL has a market cap of only $20 million? Crazy or what?
 
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Last
0.9¢
Change
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Mkt cap ! $4.039M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $446 49.58K

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No. Vol. Price($)
14 4342575 0.9¢
 

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Price($) Vol. No.
1.0¢ 800000 2
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Last trade - 13.48pm 19/06/2025 (20 minute delay) ?
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