A lot of people here are invested in the diamonds- the gold is being talked about A LOT.
It’s a company with a very small overhead management structure, but I think that JR has a passion for diamonds. The guy has potentially got a diamond making jackpot with the gold pivot.
If the assays come up good - do a cap raise, fund the diamond work while doing the JORC for the gold.
if the assays come up great, spin off the gold into a seperate company (or sell) and get going on the diamonds.
JR recons they are there - he was bold enough to hold off Briley. Remember the SP was in the 3c range in recent memory. JR clearly thinks this could be a ‘ticket to ride’ so I’m staying put. If he is right about the gold - I’m certain about the diamonds
GIB Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
