GPR 4.35% 2.2¢ geopacific resources ltd

What do you suggest they do other than deliver the project on...

  1. 1,550 Posts.
    lightbulb Created with Sketch. 224
    What do you suggest they do other than deliver the project on time and budget, then drill out the mining lease?
    Major exploration still to come, and basically a slam dunk. This is a very simple, profitable OP mine plan, and they will be adding to reserves for a long time IMO. Looks fundamentally undervalued, and should be a very good leveraged gold proxy going forward.

    I hope you understand what's happening in the intervening period. Patient buyers accepting shares from impatient retail. Something you are contributing to in a meaningful if unintentional (i wonder sometimes) way.

    Just the ML has 3moz+ in shallow pits written all over it IMO. Much of the ground is littered in visible gold and has hardly seen a drill rig.

    https://hotcopper.com.au/data/attachments/3559/3559699-983710464b82b89945af03018991fcf5.jpg


    Then there's the ~ 25sqkm of outcropping volcanics to the south west which look just as prospective...

    https://hotcopper.com.au/data/attachments/3559/3559707-a6ab2713d9558519e39a15cd1f795e2e.jpg

    Construction -> production -> drill out ML / EL prospects -> expand to 5mtpa /200kozpa
    TP $2

    Stop stressing oppdigger, its a pretty straightforward operation with big upside. it'll work out very well for holders with a bit more patience IMO


 
watchlist Created with Sketch. Add GPR (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $18.07M
Open High Low Value Volume
2.3¢ 2.3¢ 2.1¢ $29.97K 1.348M

Buyers (Bids)

No. Vol. Price($)
1 44975 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 188940 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
2.1¢
  Change
-0.001 ( 4.55 %)
Open High Low Volume
2.3¢ 2.3¢ 2.1¢ 108481
Last updated 14.51pm 03/05/2024 ?
GPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.