Do another capital raise here makes no sense.But management is...

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goldfan

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27/10/23

21:54

Post #: 70587019
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Do another capital raise here makes no sense.

But management is really struggling to play developer while on a small budget.

Overcommitted on community relocation without enough funds.

They should focus really in getting a JV partner or sell the project.

Originally posted by goldenkiwi: ↑

We have another cap raise soon, so it will be a little while yet before this takes off. You can pick more up then if you want.
If the share price stays low, then they won't get much in the raise, then there will be another at a later date imo goldfan.
But if there is a takeover who knows.
We are still waiting for the Ann on who the new CEO is as well.
Got to remember dilution as well. the company issued 300mil shares in the last raise (hot copper threads 30/03/2023), when there was only around 521mil to start with. Now there are 821mil shares.
You have obviously been around for a while with this one, so should know a bit more than i do as a new comer. Gltah

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GPR Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $73.19M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.3¢	$16.23K	673.6K

Buyers (Bids)

No.	Vol.	Price($)
5	1032681	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	222288	1

View Market Depth

No.	Vol.	Price($)
5	1032681	0.022
3	2123850	0.021
5	2955100	0.020
3	2575000	0.019
3	1100000	0.018

Price($)	Vol.	No.
0.024	222288	1
0.025	458573	2
0.026	655830	3
0.027	1385000	2
0.028	7236	1

Last trade - 15.48pm 17/06/2025 (20 minute delay)

GPR (ASX) Chart

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