Operating costs are down to about 400k a month I believe. Cash plus C29 shares and copper con will likely be at say 4m by end of the quarter.
white dam sale could bring in a $3m?? and with a rising gold price should help close a deal. They have been working on this for sometime so this could starve off a CR for a another 6 months. By then NCM drilling is underway/done.
On another note, our novo stock plus cash from the sale when completed now valued at closer to $3m.
Mt Morgan and Cloncurry divestments moving too I suspect ($2-3m)?
no rush for a CR but got to keep things moving
Ann: New Yandan Geology Model Defines Compelling Targets, page-11
Add GBZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.253M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $7.893K | 986.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 769797 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1456499 | 5 |
View Market Depth
| Last trade - 10.27am 17/09/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |