Great post Sam. Both you and Jean have been doing a great job in...

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Nick007

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21/04/25

13:36

Post #: 78751870
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Originally posted by Samscout: ↑

Isn't worth $7 billion yet?

You must be joking - it's worth well north of that.

The company has 3.4 million ounces in reserves making a margin of almost $3 thousand an ounce. That's $10 billion right there in reserves alone.

Add the $800 million in cash and another 2 million of the remaining 8 million ounces in resources to be converted to be converted to reserves and you've got a company that should be worth $15 billion plus or over $2 a share easily.

This stock is being manipulated for a low ball takeover - don't fall for it people. And don't fall for the rubbish about the hedges. They are a tiny fraction of reserves, most of which will be run down in the next 8 months. The upside for this stock is huge.

It is way undervalued at current prices - $2 should not be out of the question, especially with the mill upgrade expected to increase ounces and decrease costs.

The only downside is an underwhelming board and marketing team who has allowed the share price to flounder.

Something will give soon enough.

GLTA/IMHO

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Great post Sam.

Both you and Jean have been doing a great job in exposing the current underlying situation with the low valuation.

Cheers

VAU Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 43.3¢		Change -0.008(1.70%)		Mkt cap ! $2.925B

Open	High	Low	Value	Volume
45.0¢	45.0¢	42.8¢	$6.640M	15.27M

Buyers (Bids)

No.	Vol.	Price($)
58	1167119	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	1149084	58

View Market Depth

No.	Vol.	Price($)
41	923985	0.430
41	1324991	0.425
35	1997845	0.420
14	1103689	0.415
19	1347362	0.410

Price($)	Vol.	No.
0.435	1551155	77
0.440	1983044	38
0.445	1224788	27
0.450	2985602	39
0.455	2212517	25

Last trade - 13.04pm 16/06/2025 (20 minute delay)

VAU (ASX) Chart

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