Good morning Pints, thank you for not repeating that adage about Rome, which i'm figuring doesn't relate to it ultimately being unable to feed its citizens, thus resulting in a rapid downsizing of the empire.
GML is down to it's last A$1.6 million at June 30, if my memory serves me correctly.
this ain't gunna last long given the horrendous drilling cost in the middle of nowhere in Australia.
our interests are aligned Pints, we both want them to hit an elephant - any size will do - but either way expect heavy dilution from a CR this year.
still and all, having some moulah in an exploration company remains the equivalent of throwing the dice: we've had a few shots, learnt a fair bit about the geology, hope the next pin prick in the cushion hits a motherlode, but still there's nothing commercial yet and what there is appears to be deep in the belly of the earth.
just one more then.
GML Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
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