Double Bay King...
Im glad you took the time to evaluate GUJ.
It is by far, a safe stock to invest in.
The 2 recent acquisitions in NSW will mean that GUJ will be generating a good cash flow within 6-12 months.
Over the next week or two, GUJ will effectively be in production...as well as commencing their drilling program in Tasmania.
With only 25 million tradable shares until December, I cant see how the share price (from a technical point of view, let alone from a fundamental point of view) will continue to trade in the 30's. I predict more like 60-70c within weeks.
Over the last 3 weeks, apart from the parent company releases a few million shares into the market, there havent been many other sellers - if at all.
I honestly cannot see this stock faulting in the short to medium term.
I also wonder what other acquisitions they have not revealed to the market yet.
The only issue I have with GUJ at the moment is that I struggle to pronounce their name. lol
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Dr Michael Thurn, CEO & MD
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