GBE 2.56% 4.0¢ globe metals & mining limited

answer from cfo, page-9

  1. 3,261 Posts.
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    I feel your frustration here. Its only a $400,000 payment to secure the remaining 6M shares on buyback but yet nothing happens. I want to buy more but if the company thinks they can buy back even cheaper then I guess I will wait too.

    It does seem crazy that a company with these prospects and a cash pile of $30M has a market cap approaching half the cash value.

    Maybe the Kankika feasibility is not coming together in a good way as one poster suggested but they have other promising ovens in the fire.

    Oh, and an update on the asset split and dual listing plans would not go amiss here too.
 
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