what we do know from past asx notices is that they were going to drill about 12 holes for about 1,800 metres at Camel. Well they now said they drilled 18 holes and it was more than 1,800 metres and every hole found some gold. The 1 metre spacing results pending.
They also it appears following the asx notices at second location they also drilled more than they said they would and results pending.
Finally, they bought the surrounding exploration leases the other day, now for half the price they were going to pay next year.
So it looks like to me if they are going to do any follow up drilling without exercising the GNMOF 2022 and GNMOB 2023 call options early, they have run out of money.
So my guess is need money now to do follow up drilling ASAP.
But make up your own mind and don't rely on me.
what we do know from past asx notices is that they were going to...
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1.4¢ |
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Mkt cap ! $2.164M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97360 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 34299 | 1 |
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| Last trade - 16.12pm 19/06/2025 (20 minute delay) ? |
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