Grade and Gold price are most important here.
If the grade holds above 1g as per last 2 quarters then GCY should recover 20% more gold than last year.
Gold price is 40% higher than when the administator was called in.
Costs should be lower as cutback (10M) has completed and debt now half.
GCY could make $35m this year.
My guess is $0.80 - $1 when it resists
Ann: Strongly Supported Retail Entitlement Offer Completes, page-18
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Last
$1.29 |
Change
-0.035(2.64%) |
Mkt cap ! $1.452B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.36 | $1.28 | $4.322M | 3.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 83876 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 51362 | 9 |
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| Last trade - 13.17pm 03/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |