GRY gryphon minerals limited

has anyone got any clue as to what is going on, page-4

  1. pp
    2,445 Posts.
    lightbulb Created with Sketch. 64
    300m debt can be obtained on current cash, strategic holdings...if they can build a plant for 300m...its really good news...i dont think they will announce cap raising now...they have sufficient cash to last this year and progress aggressive exploration and dfs...they might need money next year to build a plant and 200m debt can be easily available and rest of the money depands how they wanna go ahead with raising money...i am happy to hear that the mine can be constructed in 300m...if they start production by 20% dilution that would be extremely good news...i dont think they will do cap raising now but at similar level around $1.3....they can always wait for sp to raise because they have cash on hand....it wont take long for sp to go up once the good news starts flowing...i guess this downtrend is near bottom and just resource upgrade announcement away...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.