mraj, while I have read every document on the MM site
Monument Mining Limited
Things are not as clear cut as they should be with them. Their multiple projects are for me at least, hard to get a proper value on. As for the gold production, they are basically mining a pile of low grade dirt now. So costs have gone up a lot more than what they were in past years.
I know I am sounding pretty negative, but when I do not fully understand what is going on, my natural tendency is to be pessimistic.
I very much trust GCY management, but this is new venture, and by partnering, the risk has now moved from GCY managements trustworthy hand to unknown, but perhaps proven producers...
I have to agree about the falling knife. I think it may go down to $0.10 in the short term. GCY will soon get some more drilling on the go, that is what the market will look for, plus further cash injection from MM.
What gives?, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.46 |
Change
0.160(12.4%) |
Mkt cap ! $1.610B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.46 | $1.31 | $59.53M | 41.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 72681 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |