Did Gascoyne (GCY) make the right call? With MD Simon Lawson

May 02, 2023 00:48:13
Did Gascoyne (GCY) make the right call? With MD Simon Lawson
Money of Mine
Did Gascoyne (GCY) make the right call? With MD Simon Lawson

May 02 2023 | 00:48:13

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Show Notes

On the show today we have a chat with Simon Lawson, Managing Director of Gascoyne Resources.

 

The company has had a tumultuous past couple of years, culminating in a trading suspension last November which lasted over 4 months and a restructuring of the business. They put the Dalgaranga plant on care and maintenance and raised $50m to drive exploration and cover costs.

 

We dig deep into management and the boards approach to this decision and explore what alternatives the company had.

 

All Money of Mine episodes are for informational purposes only and may contain forward looking statements that may not eventuate. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.

 

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