I can throw a thousand gaps at you that haven't been closed so basing an investment thesis on the disposition that all gaps must close is ridiculous.
Not saying it can't/won't happen here but it is not uncommon for a explorers to leave breakaway gaps at the early stages of a discovery, and if the discovery is proven up, those gaps simply never get filled.
Although the SOI is far from ideal, GML is a very old company and a large portion of the register is at least owned by long-term strategic holders/insiders.
Unfortunately punters are going to have to pay a premium for the stock now as it has now been incrementally de-risked and will continue to be de-risked over the coming weeks/months.
Drilling at Montague-Boulder just wrapped up on Monday, which means the final 4km of holes will have just been sent off to the labs. As for the previous ~4km of holes, you'd think they'd have been sent off at the beginning of the month which means next announcement could be 2 or so weeks off IMO.
Are we likely to see a 50% retrace to close the gap at 2c when the next lot of results are so close, I doubt it. 5c target looking likely short term if results continue to impress..
GLTH
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GML
gateway mining limited
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3.57%
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2.9¢

I can throw a thousand gaps at you that haven't been closed so...
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $11.85M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $2.03K | 71.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 61063 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 83300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 61063 | 0.028 |
1 | 250000 | 0.027 |
1 | 384615 | 0.026 |
3 | 715000 | 0.025 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 83300 | 1 |
0.030 | 531255 | 2 |
0.033 | 30000 | 1 |
0.034 | 661744 | 2 |
0.035 | 924266 | 4 |
Last trade - 12.25pm 19/06/2025 (20 minute delay) ? |
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RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
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