I would argue the opposite that it should do quite well tomorrow...

I would argue the opposite that it should do quite well tomorrow but I guess we'll see how quick the drilling news flow is after listing. My reasons as:
Gold at ATH

1. a Gold ipo which actually has gold as opposed to most which are just hoping to find gold
2. a tight ipo market where nothing much else to invest in,
3. 10mil in cash in the bank and
4. a pilot plant going in which will generate enough in gold sales to reimburse drilling and admin costs each quarter, so only raise in the future likely to be for full mine infrastructure.

GLTAH, DYOR, Not Financial Advice, lets see what tomorrow and the rest of the week brings