GBZ
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28.6% 0.9¢ gbm resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-11

  1. JandJ
    10,448 Posts.
    lightbulb Created with Sketch. 2718
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    06/05/21
    11:10
    Post #: 52979008
    It seems to me that for an exploration company this is a no brainer.

    Cashed up and drilling. Management team well regarded experts in the target deposit types (and others I expect !!)

    For sweeteners there is positive cash flow from the White Dam gold mine, with a possibility to go 100% ownership for peanuts (but a 1.9m environment bond - which should not be a deterrent IMO) Then there is NOVO - never know about those guys, but if all else fails we can flog their shares!!


    GBZ Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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