Thanks Spec. The major shareholders increasing their positions is definitely a great vote of confidence in the merger. I may be alone in saying this but I do believe management has made the right decision with the merge. This shouldn't be about which entity is getting the better/worse end of the stick, the focus should be on the long term benefits. In the short to medium term we have now effectively doubled our exploration exposure through the 2 entities, plenty of assays and news flow to come to draw attention and to also keep investors interested. Also love how Glenburgh is a pretty advanced exploration project and is a possible avenue for GCY to eventually turn into a multi-mine producer in the future. Highlights for me: current GCY market cap is now below Dalgaranga replacement cost, production ounces and LOM will increase because of the merge, and plenty of exploration upside to come.
GCY Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
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