GAU great australian resources limited

56m shares, $13.5m market cap. Bargain price sp.From the last...

  1. 2,753 Posts.
    56m shares, $13.5m market cap. Bargain price sp.

    From the last ann:

    "Drill results to date indicate that the platinum values are extremely encouraging and are
    typical for the Merensky reef on the Western limb of the Bushveld. Impact Mining
    anticipates on carrying out the necessary drilling to get the project into a JORC compliant
    resource base within the next few months. Based on the continuity of the drill results to
    date (see Cross-section 1), the Company does not anticipate the requirement for an
    extensive amount of drilling to get a JORC compliant resource."

 
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Currently unlisted public company.

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