GBZ 0.00% 0.8¢ gbm resources limited

Ann: Australia Gold Conference 2023 Presentation, page-25

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  1. 1,325 Posts.
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    Agreed. Have said this on occasions previously. Peter Rohner is a metallurgist & from accounts a very good one but he as company lead & the Board have made some very questionable developmental & financing decisions that have imperiled the company. It's easy making statements like this I know from behind a screen but ultimately GBZ need an exploration geologist I think as company head that has more of an appreciation of financial management/acumen than has been shown by GBZ management over the last few years. Company has some great dirt/potential but unless you can manage the finances in tandem with project exploration/development/realisation you end up in trouble which is where GBZ finds itself...backed into a corner in part due to poor financing choices & poorly targeted expenditure. This could/should be so better positioned.
 
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