Australia's largest stock trading and investment forum Australia's #1 stock forum

GSR

Click for more information

0.00%

1.1¢ greenstone resources limited

Money is tight, will there be enough to mine Burbanks Nth...

First 100 Last

Share
Profile

Follow
sandfire

2,454 Posts.

412

02/01/24

19:40

Post #: 71698618
Share

Originally posted by Lowkeyinvestor ↑

I had a call from our leader back a few months in response to some letters I wrote to the board and shareholders. He talked for a long time but gave nothing away. Said things like GSR don't have much to do with FMR and that he personally did the cap raise book builds and that ASX requires scoping/feasibility studies for financing. He dismissed (politely) my strong suggestion to mine Burbanks North.

Concerning the MT scoping study he told me this was being compiled (from the various specialist reports) in-house by himself and the small team and not by a consultant so as to save that cost and mentioned $500,000. Also said Conico was not helping.

So if there is a problem with the ASX asking questions it is all on the CEO's head.

Expand

Money is tight, will there be enough to mine Burbanks Nth without another cr?
I'm not surprised CNJ was not involved in the SS, the same happened when the earlier Mt T pfs was done. BAR/GSR finished up loaning CNJ $400k, obviously that can't happen this time.

GSR Price at posting: 0.8¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 62 more messages in this thread...

First 100 Last

Add GSR (ASX) to my watchlist