GIB gibb river diamonds limited

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4.7¢

Biggest problem with GIB - Management, page-2

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vig009

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14/06/22

15:37

Post #: 61994056
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Originally posted by jaygee2727: ↑

Biggest problem with this company is management

Yes we have interesting projects (as many of Jim Richards' loyal acolytes keep relentlessly pointing out on here) however we now have a market cap under $10m. I came in after STK's Iroquois discovery and it's been nothing but disappointment

Jim has been running this company for over 10 years and the share price has gone nowhere

No market support, no broker support. Nobody will touch this company, and it's entirely because of him. When is the last time he ever did a presentation? When has this company ever been marketed (except by the hotcopper cheerleaders... probably a couple of them are Jim himself!)

Our assets are worth a lot more than our market cap, but why are we basically priced as a shell? Simply, we get a big discount because of our management team. They are out of their depth and simply not up to it

Jim Richards needs to go and we need someone who knows what they're doing and can actually get the share price moving in the right direction

He's had a decade to get this company firing, but instead it's gone nowhere. Sorry to the Jim Richards cheerleaders, but the numbers don't lie.

Expand

to be fair, JR and team have not taken large "Payment" for themselves. Cause they Trust and have ambition for GIB ! They have given a lot more then a simple 9-5pm. Prior to Covid, we did fly out to WA, and had a meet and greet.
Last 2 years has been a "real" struggle for everyone in the mining space, and the last 2 months it has slightly improved.

The Rabbit will be taken out of the hat soon.....HOLD and relax. Rather be Holding GIB (which has a Solid Bank Balance) then a company with a few hundred thousands $$$.

GIB Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.7¢		Change 0.000(0.00%)		Mkt cap ! $10.08M

Open	High	Low	Value	Volume
4.9¢	4.9¢	4.7¢	$7.437K	155.5K

Buyers (Bids)

No.	Vol.	Price($)
3	93742	4.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	95000	1

View Market Depth

No.	Vol.	Price($)
3	93742	0.047
1	71400	0.042
2	121400	0.040
1	1428	0.035
2	63239	0.034

Price($)	Vol.	No.
0.052	95000	1
0.053	10520	1
0.054	150000	1
0.055	90000	1
0.058	4250	1

Last trade - 15.45pm 08/08/2025 (20 minute delay)

GIB (ASX) Chart

Biggest problem with GIB - Management, page-2

Trigg moves into US defence-heavy tungsten space with market reaction mixed

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Biggest problem with GIB - Management, page-2

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Thursday's HotCopper trends: $266M LTR placement, Trigg expansion | Aug 7

ASX Market Close: Health Care stocks lead index lower | August 7, 2025

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Buyers (Bids)

Sellers (Offers)

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