GSR 7.69% 1.2¢ greenstone resources limited

Is MT/JV dead in the water or will this initiative save the day?, page-5

  1. 4,043 Posts.
    lightbulb Created with Sketch. 1342
    I have been over on Horizon and there is some real interesting reading and reference points to research provided by those posters.

    Horizon has an underground mine (Cannon) being de-watered with development planned to start soon and gold proceesing to start in the 7th moth of development and continuing for a further 9 months. Horizon have an agreement with FMR (our significant shareholder)
    to process 200,000t of ore this year, the trouble is I don't see processing starting until November or not this year at all.

    So maybe the merger plan is to use the 200,000t FMR processing facility with Burbanks North ore as it has a permit to mine.

    One has to wonder if a merger is necessary if this is the untold plan.
 
watchlist Created with Sketch. Add GSR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $16.47M
Open High Low Value Volume
1.3¢ 1.3¢ 1.2¢ $17.83K 1.485M

Buyers (Bids)

No. Vol. Price($)
1 719930 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1951174 3
View Market Depth
Last trade - 15.46pm 29/05/2024 (20 minute delay) ?
Last
1.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.2¢ 1.3¢ 1.2¢ 413676
Last updated 14.27pm 29/05/2024 ?
GSR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.