Ithinkthatpeoplewereimpatient,expectingresultsalready.Iwouldn'tsaytheannouncement'wasn'tgood'certainlyanoneventandperhapstheresponseinsptheresultofmisalignedandpotentiallyunrealisticexpectationsontimeframes.Canprobablyhaveagambleonthisinafewweekswhenannouncementsaresoonertobereleased,soforthetraders,whynotmovethemoneyelsewhereinthemeantime?Theunderlyingfundamentalis,istheregoldornot?Andnothinghaschangedonthatfront.Yeah its a bit rough to expect mega results from the first drilling campaign. Patience is needed. DEG did a lot of drilling before finding hemi but we are lucky in that they have laid a lot of the groundwork and paved the way to give gsm a framework for success. Taken some of the guesswork away.
I would like know if anyone can tell me much money in the kitty after this round of drilling?
will it be cash raise time or is there enough for some more drilling?
Will the cue project be giving any income any time soon? has there been any update on that?
Chart - GSM, page-247
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Last
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Mkt cap ! $3.352M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $161 | 13.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 396190 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 215597 | 3 |
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| Last trade - 15.53pm 03/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.1¢ | 36611 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| GSM (ASX) Chart |