One bright spot on a day of universal gloom for resource stocks.... GIP's activity update for next quarter just came out and very encouraging reading it is too.
The revenue deals already stitched up for tantalum, feldspar and tin EACH represent multiples of the existing market cap. If the BFS due in July corroborates the unfolding story as expected, GIP should take wing.
Anyone interested should read through the compoany's announcement to better understand the sweetheart deal GIP has negotiated with the Egyptian governmnt.
Very low production costs for tantalum, feldspar and tin with offtake agreements for each; environmentally friendly production methods with very low levels of nasties like thorium and uranium; good infrastructure; no tax for years and strong local government backing. In short, it all looks very good indeed.
Check it out independently and see what you think.
I'm a happy holder...
Gupper
fledgling soon to take wing
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SP8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(5.88%) |
Mkt cap ! $9.205M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $20.38K | 2.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6055654 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1423470 | 2 |
View Market Depth
| Last trade - 11.19am 21/06/2024 (20 minute delay) ? |
| SP8 (ASX) Chart |