GBZ 12.5% 0.7¢ gbm resources limited

Ann: Strategic Farm-in Agreement with Newcrest in Drummond Basin, page-3

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  1. 9,081 Posts.
    lightbulb Created with Sketch. 4023
    This is a good deal. Coolan being valued at donuts right now and we don't have the funds to drill it. 25% of something (if there is something) going to be worth a lot more than 100% of nothing. Coolan has potenetial but it needs a majors budget. Imagine GBZ trying to spend $25m on this, even over a number of years.
 
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0.7¢ 0.7¢ 0.7¢ $42.79K 6.112M

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No. Vol. Price($)
6 1875000 0.6¢
 

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Price($) Vol. No.
0.8¢ 1500000 4
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