Second that Wobbly...appreciate the honesty. This company and its management are simply blowing it at the moment.
They've probably rushed the phosphate JV ann to make up for yesterdays crappy news.
Chopcity has a good point about not drilling the most prospective T2 first. The only one reason I can think of why they didnt do that was to keep their cards close to their chest. The strategy seems to have been wait for CDU to release the motherload Jorc and hopefully realease strong results from T1 and T3 around the same time.
Well that hasnt happened...where to now???
GBZ gambled on good results from less prospective targets...and lost.
Shareholders are currently victims in a game of corporate nearology poker...and we arent anywhere near knowing the full story of the region.
Strong CU shows from T2 are the only thing that will get GBZ moving again.
announcement out, page-7
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.253M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $13.48K | 1.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5081552 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 314426 | 1 |
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| Last trade - 15.55pm 07/11/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |