GML target price, page-87

I can kinda see where you are coming from but your judgement is a few months early - the current drilling campaign is aimed to size and upgrade the Oz in the area. The Montague site alone was baselined at 120,000 oz and the current drilling has extended the potential size further than initially expected. I expect an announcement of the reserves in the next couple months and that should make this an interest space to be involved in.

My prediction is that now the Cannacorde shares are no longer flooding the market and with increased interest in the Gidgee area (HRN ramping up as well) we should see GML start but build to the mid 2s-3 in October - higher if there are strong announcements. This is just me trying to interpret the trends that I’m seeing - of course DYOR.