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Current SP and any other thoughts, page-7549

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Roller62

8,980 Posts.

2107

30/10/20

11:23

Post #: 48521463
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Originally posted by franky1: ↑

Hi All,

So everyone that has sat through the last 5 years and 3 boards are soon to find themselves the owners of:

1. A gold mining plant with a $300 million replacement cost.
2. 1.3 million ounce gold resource.
3. Multiple previously mined Satellite deposits to be further explored.
4. Circa $40 million cash in the bank after successful CR and SPP.
5. Market cap of $110 million approx. Absurd IMO. Compare DEG Haha.
6. Drillers taking a large shareholder position instead of cash payments.
7. New large investors on the register.
8. Making circa AUD $3 million per month from tailings.

All I can say is thank goodness for the three directors who are now running this company and have invested there own substantial funds and have shareholders interests aligned with the their own.

They know how to do deals and I'm sure that the Doc can't wait to take this to the next level.

Anyway GLTA.

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Then why is the SP RED? Below the CR price.

MLL Price at posting: 15.0¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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