I'm concerned.. they must only have 1 rig spinning. I also trimmed my position.
Feel that the 5 years I have played with this stock it is all broken promises. The silent dropping of Norseman Ground, the Barmimia miss adventure, the botched Ulysesses resource drill out.
It just needs a corporate restructure or JV or TO. Grounds good but been a lifestyle company for far to long. The capital raise and dilution over the past 2 years put it at the point where something material needs to delivered.
From my experience in Mining Companies Geo's are generally terrible at operational execution requirements.
The CV of our MD also doesn't appeal to me as a Bill Beaumont type operator.
I'm concerned.. they must only have 1 rig spinning. I also...
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Last
$1.90 |
Change
0.015(0.80%) |
Mkt cap ! $2.126B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.90 | $1.86 | $4.830M | 2.571M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 62411 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 89938 | 7 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| GMD (ASX) Chart |