GBZ 11.1% 0.8¢ gbm resources limited

Ann: Australian Gold Conference 2024 Presentation, page-2

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  1. 3,131 Posts.
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    Watched it live, the tidying up of the slaes of the non-core assets will give the company the ability to pay off the convertible note. Peter said there whould be news regarding assay results with both Newmont and Nippon JV drilling from a couple of months ago. He said that he had put his own money into acquiring 6% of the shares on issue and wouldn't do that unless he believed in the assets.

    I'm hopeful that the bearish sentiment about the junior end of the market is wearing off, and am cautiously optimistic that the company can make decent progress in the next 6 months. Been a slow burn and here's hoping!
 
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