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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-9

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moneyzone1

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15/07/24

11:49

Post #: 74755917
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Originally posted by Palchum: ↑

I find this take interesting.

The company was 10c and a much higher market cap than current before the twin hills acquisition.

They are now basically back in the pre TH acquisition position with a free carried 30% for TH, the note gone, white dam sold and newcrest drilling the Drummond in volumes and dollars GBZ likely wouldn't have been able to do.

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I agree. I think the market will move on this again once the sales actually go through and the risk / reward ratio is more favorable.
Nothing has been signed yet. It would be beneficial to highlight our following thoughts and movements with Yandan. Sales to date are the right thing to do, however, no market clarity or certainty on our next steps ( way forward isn't really clear)

GBZ Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $10.41M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$540	60.00K

Buyers (Bids)

No.	Vol.	Price($)
7	2438775	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	3169082	4

View Market Depth

No.	Vol.	Price($)
7	2438775	0.008
7	4781552	0.007
2	750000	0.006
2	3300000	0.005
1	500000	0.004

Price($)	Vol.	No.
0.009	3169082	4
0.010	1716438	2
0.011	800000	2
0.012	750000	2
0.013	2181265	4

Last trade - 10.04am 01/11/2024 (20 minute delay)

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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-9

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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-9

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