Looks to be all go, Elendale now has certainty and it looks like a few new projects will be appearing.
JR has a history, like the Railway Iron Ore deposit he pegged and flogged off for over $200mill to BHP.
Even Blina and Ellendale he has pretty much pegged them both, at basically no cost to shareholders. They had a combined mcap of over $650mill for the same ground in 2005, that's the sales pitch but they are conservatively worth multiples of the current mcap.
Recent News:
https://mining.com.au/gibb-river-shares-climb-almost-80-after-diamond-mining-licences-secured/
https://www.mining.com/past-producing-yellow-diamonds-mine-in-australia-set-to-reopen/
Behind a pay wall
https://www.businessnews.com.au/article/Gibb-River-Diamonds-closes-in-on-restart-of-Ellendale
GIB - Diamond in the rough, page-502
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.094M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 130000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 8599 | 2 |
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| Last trade - 16.12pm 04/07/2024 (20 minute delay) ? |
| GIB (ASX) Chart |
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