I appreciate your positivity AD. Management seem to think the million oz milestone will magically change everything but they are living in Lalaland. What it will do is put a whole lot of incentive shares in AP's pocket (more dilution) but will do nothing for shareholders without a clear pathway to mining. Just more of the same.
There are loads of companies sitting on 1-2 million ozs and wasting away through ongoing dilution because management don't have the skill set to monetise it. That said GBR could be a great success story with the right people behind it and hoping Collins St can help steer us in the right direction. Personally, I think a takeover would be the best outcome for us and with the current gold price think that $.30-$0.40 would be a good starting point.
GBR Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
