GBZ 0.00% 1.0¢ gbm resources limited

As the largest bag holder here I feel like you are all under...

  1. 1,962 Posts.
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    As the largest bag holder here I feel like you are all under qualified to be whinging

    Just breaking it down -

    $5,000,000 goes in the bank

    $150,000 upfront, and $43,000 per month

    This cash is a bridge to closing other transactions, which hopefully gets us to a higher share price to raise equity and close this out or repay with proceeds from the transactions

    The transactions really depend on brokers being able to raise the cash to do IPOS etc

    The risk is the market for gold exploration stays stagnant and the transactions don't close

    I personally lean towards the market remaining stagnant for multiple years, as a general mindset

    This is tough guys, I will withdraw to my cave and contemplate
 
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