- The company has over 16 million ounces of gold equivalent at its properties, but it’s getting little credit for it from the market at the moment.
- The likely reasons for this include a lack of exploration as well as a lack of focus on one or two projects.
- GoldMining has launched a $50 million ATM equity program to fund exploration and is looking to replicate the spin-out of its royalty portfolio with other projects.
- I expect the company to manage to unlock a significant amount of the value of some of its properties in the next year or two.
For further details see:
GoldMining: Betting On Exploration And Spin-Outs, Looks Cheap