i love the conservative view and even a conservative view will give approx 6-8 years mine life. meaning. plenty of time for firm up more resources while making cash. i honestly cant see gcy not being taken over before the end of the year. the longer it takes, the bettsr the price. omg reviewing RMS. GCY is perfect for their next hub. just need to shore up thr LOM resources to 10 years and a 70 cent bid is possible.
loved the confidece also about the cost of building a mine.. basicly said what we all know. its super expensive and logistally next impossible atm.
once again. with the firm up of LOM and Maiden resources. cant see GCY not being snapped up before the end of they year.
RMS have 160 mil cash and a 100 mil debt facility ready to go.
New Research Report - Bridge St, page-27
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Last
$1.53 |
Change
0.035(2.35%) |
Mkt cap ! $1.696B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.55 | $1.49 | $10.97M | 7.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37806 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 116467 | 6 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SPR (ASX) Chart |