The costing of $700 million, which I expect to blow out, was way above what I had been doing my sums on. Maybe I got it wrong.
When I look at GBG's capitalisation of $20 million and compare it with another stock I have been posting on today that has an alliance with BHP, is utilising BHP expertise, has top management, has an enormous resouce base with a BFS due for completion by mid year, and is capitalised at just $50 million.... I don't think there is a comparison.
Cheers, SP.
GBG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held