Dear All,
Notwithstanding our pretty dire current SP, and the perceivable disdain for GBR in the market, I wonder if anyone is able to suggest where we should and could be?
It seems a while since anyone was bullish enough to proffer an optimistic (realistic?) prediction and clearly a lot has happened in the interim (share dilution, hike in gold, further discoveries. DJT 2.0).
I am no expert but have done a back of envelope calc and think a share price of $3 is acheivable if we can monetise Ironbark without further share dilution) and can get to 1.5mt au indicated. (no small achievement I know). I just want to know if others think I am completely wrong.
Obviously whether or not this is the right BoD to deliver same has been already examined. I am more interested in people's thoughts on fundamentals (notwithstanding the need for a competent BoD to make that happen)
Thanks All.
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