Ann: Entitlement Offer to raise up to $8 million, page-130

well said.

What posters forget is we lost 47% of value since 0.071 on trading volume of 450k... Think about that, buys and sellers = 450k of volume. Half that if you look at just amount of holders selling = 225k!

We lost 20m in market cap for 225k... Does that sound like fair market pricing?




GBE IS NOT FAIRLY PRICED. The retail float is too small and as such as do not find a fair market pricing mechanism.

we are now going to increase float by $ 8m which is noteable, sadly mostly taken up by investors who wont sell on market but nevertheless it is an increase in volume.

THis lack of liquidity is a two sided sword, we could very well by 20c with 225k of buying but alot of sellers are looking for exit based purely on a badly priced share price.

What these posters forget is the underlying asset AND how muhc closer we are toward funding, mine developement etc etc



So SELL IF YOU MUST, but dont base your decision on share price, base it on something far more accurate than an illiquid market.

As an example, the conversation around us being sold to china has merit, how they pull it off with FIRB oversight i am not sure, but certainly they could gang up on us and buyout the meagre 10 percent retail and go private... I believe they are here for the offtake and am happy holding AND topping up in this SPP