Agreed. As a species we become bored if the share price tracks sideways and start to look for reasons why the positive news doesn't result in a further leg up in value . Well its times like this that I like to remind my self why I'm invested in the company
1 Fully Funded
2 No Debt ( this alone has to be a massive advantage )
3 On target for maiden POG by year end 2022 ( 3 weeks )
4 8 drilling rigs owned by the company, drilling everyday looking to increase the resource size
5 Drilling and heap leach feasibility study have the potential to increase the LOM significantly . LOM update due ist quarter 2023
6 Zero gold hedging going forward
7 Based on current POG of US$1770 the company will be cash positive in approx 0.8 years
Whats not to like ? Even if the Santa Claus rally in stocks has an early ending and the markets sell off , this has to be one of the best risk / rewards out there . Am I wrong ? GLTAH
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Last
67.0¢ |
Change
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Mkt cap ! $766.4M |
Open | High | Low | Value | Volume |
67.0¢ | 67.5¢ | 67.0¢ | $834.5K | 1.245M |
Buyers (Bids)
No. | Vol. | Price($) |
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50 | 13105358 | 67.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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67.5¢ | 5850277 | 30 |
View Market Depth
No. | Vol. | Price($) |
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49 | 13089947 | 0.670 |
11 | 11973227 | 0.665 |
5 | 29835916 | 0.660 |
3 | 10711700 | 0.655 |
2 | 294541 | 0.650 |
Price($) | Vol. | No. |
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0.675 | 5850087 | 29 |
0.680 | 4422025 | 74 |
0.685 | 59448 | 3 |
0.690 | 35137 | 5 |
0.700 | 39992 | 8 |
Last trade - 14.20pm 16/05/2024 (20 minute delay) ? |
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Change
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Last updated 14.13pm 16/05/2024 ? |
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