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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-20

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Redrocket23

227 Posts.

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16/07/24

22:53

Post #: 74783205
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Drill, results, raise again. Standard MO of a junior. Drilling as gold is strong is fortituous.

Originally posted by moneyzone1: ↑

I can't help but think we are in a good position after this.

WD hopefully goes / is gone and cashed out at 3m +2.5m capped (5.5m)

TH sold 70% 6 million covers debt ( clean balance sheet ). Another 6m drilling to go ahead next 18m ( hope we drill somewhere new and find another hot area )

Newmont drilling ( started ) - possible discovery ( worst case, hands back IP data of up to 10m worth and spent to date ). Best case new discovery.....

Mt Morgan sale in some capacity would strengthen the overall position for Yandan ( which they seem to think is where the next discovery will come from )

Cash is my only question thinking 2-3m we have for Yandan ( isn't enough ??? )

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GBZ Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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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

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No.	Vol.	Price($)
7	2438775	0.8¢

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Price($)	Vol.	No.
0.9¢	3169082	4

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No.	Vol.	Price($)
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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-20

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Ann: Binding $12 Million Sale and Farm-in Agreement on Twin Hills, page-20

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