Intrigued as to what valuation methods might be used for strike share price of GLL
is it , as sduxiaof eludes to ... proceeds of sale to BTU only & nothing for everything else such as potential 50% of 20 TCF, or perhaps a scenario of existing shareholders playing santa claus for those with a buy bid of just over 20cents a share.
Need GLL to get proceeds funds in & then spend approx $12M of that on exploration on their 100% owned permit to prove up the resources & get out what might be a favourable upbeat JORC statement
Looks more like a long term re-rating but who knows the share price re-rating could happen sooner than later
Intrigued as to what valuation methods might be used for strike...
-
- There are more pages in this discussion • 3 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 GLL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $6.794M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.0¢ | $23.22K | 1.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 199999 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 370000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| GLL (ASX) Chart |