GTM greentech minerals ltd - tba

With the expected reopening of the Chariot gold mine next week...

Currently unlisted. Proposed listing date: TBA
  1. 749 Posts.
    With the expected reopening of the Chariot gold mine next week and with stockpiles ensuring no interruption to production, the share price has surged back strongly. It is still below the pre mine closure level of .083 cents though and may have a little left in it before consolidating.

    Whoever picked up 1m pre-open at 7 cents must be laughing. Anyone know who was involved in this off-market trade?

    I'm glad now I took the plunge and doubled my stake, even though I missed the bottom by a country mile! I expect announcement of the mine reopening to add further short term impetus as there must be a few lingering doubts until shoring work is completed.

    Anyone know when the next drill update is due? If the info on hedging posted earlier is correct, GTM is picking up around A$45 extra per ounce than most of its competitors (which have been hurt by the surging A$) and is producing grades around 10% higher than those forecast. Can anyone confirm GTM's hedge and the price?

    TIA,

    Gupper
 
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