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An update from Gullewa Limited ( (AU:GUL) ) is now available.
Gullewa Limited reported a delay in the approval of the Subdivision Works Certificate for its Hunter Valley Solutions project due to requested modifications by the Maitland Council. The Central Iron Ore Limited, in which Gullewa holds a 51% stake, announced a mineral resource estimate for the British King Gold Project, indicating significant gold resources. Additionally, Gullewa received a royalty payment of $991,236.49 from Vault Minerals Limited and is considering expanding its project portfolio.
More about Gullewa Limited
Gullewa Limited operates in the mining and resources industry, focusing on property development and mineral exploration. The company holds significant stakes in various projects, including the Hunter Valley Solutions and Central Iron Ore Limited, with interests in gold and iron ore projects.
YTD Price Performance: 60.0%
Average Trading Volume: 321,710
Technical Sentiment Signal: Sell
Current Market Cap: A$17.44M
See more insights into GUL stock on TipRanks’ Stock Analysis page.