GBZ 10.0% 0.9¢ gbm resources limited

Ann: Singapore Resources Forum - Gold Rush 2024 Presentation, page-36

  1. cgl
    339 Posts.
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    They have been making bad decisions on ongoing basis. WD being cash flow negative, drilling, CN, etc) Right now, GBZ relies on third parties to survive, all thanks to management. With WD I am still trying to understand why when they bought it back in 2021, it was producing 500+ oz/quarter and now look. Personally I think that PR has two months left and then Collins will get rid of him if he cannot deliver. Those guys are not in the business of losing money.
 
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