Just spent the last few hours reading up on GCY. The SP seems very undervalued.
Main points I like are
1) Fully funded to production with finance deal. Low interest rates on financing
2) They have fully budgeted drilling program in place
3) Mine construction is on time and on budget
3)We could be have the first pour as soon as May/June this year.
With potential new discoveries from the drilling program their is possibly even more upside. This is surely one of the most undervalued gold stocks on the market. I agree the share price could double up this year without any major problems.
Really!!!!! comparable, page-22
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Last
97.0¢ |
Change
0.035(3.74%) |
Mkt cap ! $1.073B | |||
| Open | High | Low | Value | Volume |
| 93.5¢ | 98.0¢ | 93.0¢ | $3.639M | 3.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27039 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 69176 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |