Attractive entry point for 2021.
The Company is likely to produce 1.3 - 1.4m gold oz's in 2021. The high grade nature of their deposits provides ample margin at current prices for cash accumulation / a big exploration program / sustaining capex / share buybacks / dividends.
The Group ended Sept 30th with no debt, $850m in cash, and is generating...
2020 proved to be quite a turnaround for $GGD financially/operationally and the near term production looks very promising.
At YE19 - cash was low, ops were running at a small deficit, market cap of approx $125m.
At YE20 - cash is U$53m, ops are running at record production, market cap of approx $615m
Silver performed well during 2020 which allows GGD to...
Company has been active over the month of June securing contracts with the following:
1 - a bus maker. Doesn't mention name, sounds as though there may be an opportunity to expand this relationship post initial 70
2 - School Districts - Florida. Safety / Safety / Safety
3 - Dover Air Force - hmm, military. Yuge
4 - Did someone say school buses ? ...