GML gateway mining limited

Thought I would create a single thread for discussions that are...

  1. 290 Posts.
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    Thought I would create a single thread for discussions that are not announcement based.

    Surely we are due for an announcement soon! RC and Diamond drilling was reported as complete and submitted in the announcement on the 21st of May.
    https://hotcopper.com.au/data/attachments/3379/3379327-ae57e208dadca8291612fd341b235f8b.jpg

    Positive results will give the company a lot more flexibility with the next steps (M&A, Cap Raising, Transition to production) Right now it feels like there are very few options and they are burning through the cash raised in the last capital raise without many recent results. I know the call from many on here has been to hold and be patient but the focus of management seems to be slipping. There has been very few presentations to groups like the Resource Rising Stars in the past 6 months and updates to shareholders has been lacking, unless the work is being done behind the scenes with close by neighbours (HRN) for mergers it seems like they are asleep at the wheel or driving another car (STK).

    I still believe there is a lot to like with the tenement, balance sheet and results but it's tough to keep faith.

    What are other peoples thoughts?



 
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2.6¢
Change
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Mkt cap ! $10.22M
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