Yes, Pactolus, GOR will "soar" partly based on the POG, partly based on the truth machine (drill-bit), and strong JV backing. Don't forget that ALL 2017 and beyond drilling is easily paid for!
This is another possibly HUGE sp/value catalyst which another non-holding poster conveniently omitted in his "cautionary" post, ie. zero exploration potential creating a higher sp. Rather arguing there is little to NO chance of material sp appreciation combined with NO chance of a bidding war solely based on some 10% block of shares halting ALL chances of a bidding war.
To be clear, I hold, am long, and over the mid- to long-term Mr. Market will decide who is right. This in NO way means I'm correct, but at this moment I prefer my investment thesis.
OV
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Good read, page-7
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Last
$1.79 |
Change
0.030(1.71%) |
Mkt cap ! $1.941B |
Open | High | Low | Value | Volume |
$1.80 | $1.81 | $1.78 | $5.781M | 3.227M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 182715 | $1.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.79 | 24347 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
79 | 136033 | 1.785 |
23 | 129567 | 1.780 |
15 | 173313 | 1.775 |
11 | 64317 | 1.770 |
8 | 53216 | 1.765 |
Price($) | Vol. | No. |
---|---|---|
1.790 | 20383 | 17 |
1.795 | 76151 | 20 |
1.800 | 135546 | 21 |
1.805 | 138336 | 13 |
1.810 | 116564 | 12 |
Last trade - 15.48pm 12/07/2024 (20 minute delay) ? |
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GOR (ASX) Chart |