GPR 0.00% 2.5¢ geopacific resources ltd

Kulumadau Mine in the 1920's, page-7

  1. 868 Posts.
    lightbulb Created with Sketch. 133
    They hype created here about the project is so fake. They have been raising money like cats and dogs and have been blowing it up. Prime example of how to make a mess of a simple project. This is what happens when the management has no skin in the game and not even doing it for their own reputation. Trading halt was for damage control and to stop the slide. (so called avoiding uninformed trading ).They woke up after 30 days of slide after the news.. Again a great spectacle pulled off nicely by the Management team. Helping mates to exit and offload. They couldn't get numbers right from 2018 onwards.. experienced board taking inexperienced decisions or something else ? Looking at some other projects they had enough money with the sprott loan to get it built. Blaming Covid for mismanagement is an art which they have mastered. The numbers for build were decided right in the midst of peak Covid they had 20 million in contingency... where did it go ? They had 13 million for drill program which now reduced to 3 million. Management acting like termites and chewing the money raised. Lets continue to sing the glory of management.
 
watchlist Created with Sketch. Add GPR (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $26.22M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1586658 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 103799 2
View Market Depth
Last trade - 16.12pm 11/10/2024 (20 minute delay) ?
GPR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.