I think it is completely illogical to disregard GRM if you...

  1. 7,080 Posts.
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    I think it is completely illogical to disregard GRM if you believe in RWD.
    I think it is too early to guess how big Lake Mackay could be because we haven't seen the full AEM data for that groundwater system. But I agree RWD holders were excited at the time so it's foolish to now discredit the resource.
    I am mindful of the fact that RWD used an ex CDNTS staffer to negotiate on behalf of RWD to no avail but I am also mindful that MR wasn't keen on spending money 5-6 years ago. The announcement todays demonstrates that GRM are getting things done.
    I wouldn't be surprised if GRM are looking for more cash before RWD. I think they are going to be a lot more dependent of third parties but the flip side is things may move quicker. Nevertheless dilution might ramp up pretty quickly compared to what has happened at RWD.
    I think there is plenty of upside to GRM but I think RWD could also be a Disallowed from here on.
    I am currently about 10:1, RWD:GRM, I picked up a lot of RWD at the 20 cents rights issue.
 
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6.3¢
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-0.001(1.56%)
Mkt cap ! $24.05M
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6.3¢ 6.3¢ 6.3¢ $3.891K 61.75K

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Price($) Vol. No.
7.5¢ 73326 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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