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3.45%

4.2¢ gibb river diamonds limited

Ann: GIB Secures Ellendale Diamond Mine Leases, page-19

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skara

2,863 Posts.

26

23/12/19

13:39

Post #: 42103301
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Originally posted by HotRods65: ↑

Market cap at 5cents is roughly $9million, and GIB has Blina, Ellendale, $1million cash, processing plant with sortex x-ray sorters, plus second set of x-ray sorters for expansion or another small plant, highland plains phosphate, about $100k of listed investments. Hard to understand the logic of current sellers.

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Have to wash out the stale bulls, volume is our friend here. To be expected, been a tough ride for long term holders not helped by the Ron B overhang which is now gone.

As far as costs re barge dredging etc, JR knows how to keep costs down - almost his hallmark, if you need proof...

...190M SOI now, about 50M SOI on issue when GIB(POZ) floated 11 years ago - no consolidations.

Good luck finding an explorer that runs leaner.

.

Last edited by skara: 23/12/19

GIB Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.2¢		Change -0.002(3.45%)		Mkt cap ! $9.201M

Open	High	Low	Value	Volume
4.2¢	4.2¢	4.2¢	$2K	47.61K

Buyers (Bids)

No.	Vol.	Price($)
3	74436	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	61235	2

View Market Depth

No.	Vol.	Price($)
3	74436	0.040
1	73156	0.036
2	68286	0.035
1	19471	0.034
1	20061	0.033

Price($)	Vol.	No.
0.042	61235	2
0.043	10000	1
0.044	203426	2
0.048	56697	1
0.050	88064	1

Last trade - 12.22pm 17/06/2024 (20 minute delay)

GIB (ASX) Chart

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