GT1 has burned so much cash it’s not funny. Just because they are large companies, it doesn’t mean they do it right all the time. More often than not, large companies who invest get it wrong.
I said I want GT1 to do well, I’m looking at all that matters and that’s the PA, right now that sucks. I was going to enter here at 5c but didn’t like the selling. I was told it’s cheap and why wait. I’m a technical trader and PA is what pays you. There’s no bottom in this yet, but the good news is LIT is shaping for a reversion and so are some large caps ALB and SQM. GT1 should follow them. Yes, the PEA is out soon, so why isn’t everyone buying? Not one person is in profit on this stock the past 12-16 months to today that brought and held, so don’t tell me all is amazing. When the price turns, that’s when smart money buys.
Let’s see if these so-called large companies load up again in the next raise since this company burns more cash than any other Canadian play.100m spent for what they have isn’t good. Instead of saying how amazing this is, you should be questioning things and want better. Also, drilling has happened at Seymour for a long time before they stopped and the resource didn’t change. I heard from people on the ground there that they were hitting nothing. A10MT resource at Seymour since GT1 hit the market with its IPO isn’t good. Yes, there’s more than Seymour, but this was the flagship project due to get to production the quickest and what the market wanted to see do well. In my opinion, this isn’t a 20 plus resource, a stand-alone project is always cheaper and better than multiples that join a JORC up. A good single project at 30MT is always better than 4 with the same number
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GT1 has burned so much cash it’s not funny. Just because they...
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Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $14.73M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $2.116K | 70.20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 256992 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 137512 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 262089 | 0.029 |
2 | 53635 | 0.028 |
1 | 111111 | 0.027 |
5 | 92768 | 0.026 |
5 | 896472 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 137512 | 1 |
0.031 | 83865 | 3 |
0.032 | 349408 | 2 |
0.033 | 70000 | 1 |
0.034 | 470000 | 2 |
Last trade - 10.26am 28/07/2025 (20 minute delay) ? |
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GT1 (ASX) Chart |
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