Haha, I'm still here. As @Watchfulbull mentioned, the 32% increase to M&I is probably the most important news here. Sure, GMD could have gone for 2m OZ but drilled at a wide spacing and using some wishful geo interp but at this stage I'd rather its kept realistic as this will boost the reserves up to a nice number in the DFS, which is what counts.
With the Basel 3 NSFR becoming a binding minimum regulatory metric on 27th June hopefully we'll start to see some decent upside in the gold price in the second half of the year and undervalued juniors who are ready to start mining like GMD will reap the rewards.
Haha, I'm still here. As @Watchfulbull mentioned, the 32%...
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Last
$2.29 |
Change
0.060(2.69%) |
Mkt cap ! $2.573B | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.31 | $2.24 | $2.083M | 915.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 29128 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 27806 | 51 |
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| Last trade - 13.32pm 15/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |