Based on interviews and announcements, my take is they are trying to time the market with funds flowing back into the gold mining space, gold price (clear timing on interest rates dropping) and the current cash flow to mitigate investor dilution.
There was further drilling at Saltbush this month, so another announcement(s) due before 31 March, I'd hope.. if not early April.
It seems frustrating that they have yet to come forward with a clear path to mine, but mind you... once they reach the 1mill/O resource they will then be able to get the wider buy in of substantial/further cornerstone investors who will hold a large chunk and stop the ongoing sell done.
Would be nice to have path to mine plan in conjunction with reaching the 1mill/O but I do think once we hit this target all things will change.
Being the optimist I am, Saltbush does seem to have been significantly underestimated and I am excited for the next batch of results.
I keep saying it... but patience will be rewarded.
- Forums
- ASX - By Stock
- GBR
- General Discussion Topics
General Discussion Topics, page-3227
-
-
- There are more pages in this discussion • 448 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $33.51M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.4¢ | $29.10K | 531.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 112499 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 26000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 112499 | 0.055 |
1 | 246222 | 0.054 |
3 | 188833 | 0.053 |
3 | 491615 | 0.052 |
5 | 501862 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 25000 | 1 |
0.057 | 255713 | 4 |
0.058 | 532724 | 3 |
0.059 | 500000 | 1 |
0.060 | 500000 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
GBR (ASX) Chart |