GBM 0.00% 0.8¢ gbm gold ltd

inglewood project updated, page-7

  1. 755 Posts.
    Yes this will move definitely when there are tangible production figures available...

    What would also keep this going is more exploration success.

    What they currently have as IGV is not that impressive but it certainly their production will be impressive...new prospective ground and/or exploration results down the track will really get this one moving.

    Obviously higher POG will also help....

    As I was saying if you believe their forecast production, even with a modest PE of 5 you will have a MC giving a share price of at least 5 times the current share price.

    A little beauty...
 
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