GBZ 0.00% 0.7¢ gbm resources limited

Ann: Option Exercise - Cleansing Notice and Appendix 3Ys, page-6

  1. 78 Posts.
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    T2, It is pretty clear it is long term, otherwise there would be more pumping announcements.
    GBM has:
    - built a great land package in a seriously underexplored epithermal district, more targets than you can poke a stick at
    - built a JORC resource through acquisition of 1.6 Moz heading to probably 2.0 Moz soon, with mineral resource updates at Yandan and Twin Hills pending - Targeting 2 to 3 Moz
    - created value from non core assets, MIlo sale, Mayfield sale, Mt Morgan sale (pending raising), partial sale of Malmsbury

    Clean house, expand and either develop or get taken out.
    Continue to accumulate at these prices, playing the long game too.
    Last edited by bushandbeach: 24/08/22
 
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