The stock market is far from a sure thing, however with significant hits outside the current resource for well over 6 months..... and at shallow depths.
Theres little doubt we won't get a substantial increase in the resource.
By doing so, GMD is creating wealth by adding to their gold reserves, which in turn will add value to the their share price.
I'm no financial advisor or economist, so please do your own research, however the proof is in the pudding.
I wouldn't be surprised if a number over 2M Oz is released with every ore body open in all directions.
Director penalty if feasibility study not delivered?, page-10
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Last
$2.12 |
Change
0.010(0.47%) |
Mkt cap ! $2.378B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.15 | $2.03 | $10.14M | 4.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57816 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 6996 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| GMD (ASX) Chart |