GBZ 11.1% 0.8¢ gbm resources limited

Ann: Half Year Financial Report - 31 December 2020, page-2

  1. 273 Posts.
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    So GBM has made 100k net profit from their White Dam JV over the half, and this is not including copper sales. I over estimated their White Dam share of OPEX, looks like it was only 456k for the half. Including copper sales, would be approx. 400k in net profit for the half for GBM.

    The other 50% of White Dam for 500k is looking like a steal, and that's not including the >100k JORC that they are hoping to start mining in late 2021!
 
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