GML gateway mining limited

Last year both Peter and Mark said they have plenty of capital...

  1. 72 Posts.
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    Last year both Peter and Mark said they have plenty of capital $$ for the whole of 2021.

    Before any capital raise GML will do a consolidation first simular to CMM which Peter was founding director of 4-5 years ago. I prefer they don’t but for GML to get more brokers and insto’s on board (Investing) they need to do a consolidation of shares. I predict to be the same as CMM at 5:1 ratio so a price at GML shares rising after a gold updated reserve announcement is when this will happen in my opinion, anything before a Gold resource announcement I would be very disappointed. I don’t see it happening as management have a huge amount of shares on issue so you would have thought they would have learnt heaps on their past experiences on this matter? If our shares rise to 5-6 cents I see an announcement shortly after about a Share consolidation. On a consolidation of 5:1 for every 5 x GML shares you hold reduces to 1 GML share and GML price rise to 25-30 cents pending Share price is at 5 or 6 cents at time of consolidation.

    The general meeting is getting approval for directors getting there incentives approved. Nothing more or less.

    I do wish management would communicate with us a little more often as if my wife had given me money and she didn’t hear from me with long periods of time like GML communicates with us she would filing for a divorce.

    Starting to get a little frustrated with GML share price especially when I have made 600x in Crypto without any experience in the last 2 months.

 
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(20min delay)
Last
2.8¢
Change
-0.004(12.5%)
Mkt cap ! $11.44M
Open High Low Value Volume
3.1¢ 3.1¢ 2.7¢ $86.06K 2.969M

Buyers (Bids)

No. Vol. Price($)
1 249999 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 285076 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
GML (ASX) Chart
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