GRL 0.00% 1.5¢ godolphin resources limited

Ann: Shallow high-grade copper mineralisation at Cyclops, Yeoval, page-8

  1. 174 Posts.
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    I sold a chunk to buy in at a lower amount, so I will take up the SPP. Hopefully 15k Aud or so. I expect it to be fully taken up and they have 0.6million from omx investment and they should get the full 1million from public. As usual if they open it up and more people are interested in buying they probably won't cap the amount and so it will help give 1.6mil + to the balance sheet. A round of diamond drilling at Narraburra will use approx 600k of that (depending on depths and number of holes) and then I guess they have 2-3 smaller drilling options at other sites to explore and provide assays
 
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