Just back on the current mali resource.
Dont get too hung up about the grade.
As a toll treating operation, if GMR grows it to 500oz' which is what they reckon they will do, it will make them about $150M over the life of the project.
This will fund pleanty of exploration and asset building in Africa and Sweden.
They are wise to drill this out first. Those 7 holes that got completed should add a fair amount of new ounces to the 140K ounce inventory.
They may well advance their production plans earlier than first thought. It really does look like money for jam.
- Forums
- ASX - By Stock
- bullish close
Just back on the current mali resource.Dont get too hung up...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AS1 (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.822M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $13K | 1.299M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2209271 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 157435 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2209271 | 0.010 |
2 | 1333330 | 0.009 |
6 | 1125052 | 0.008 |
5 | 1523375 | 0.007 |
4 | 1849995 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 157435 | 1 |
0.012 | 101149 | 2 |
0.013 | 100000 | 1 |
0.014 | 95000 | 2 |
0.015 | 66666 | 1 |
Last trade - 15.11pm 25/06/2024 (20 minute delay) ? |
Featured News
AS1 (ASX) Chart |