GBZ 0.00% 0.9¢ gbm resources limited

Ann: 2023 Annual Report, page-2

  1. 5,508 Posts.
    lightbulb Created with Sketch. 1040
    ASX Goldies look good on the open.

    Annual Report reads well.

    Including this from the Chairman (Page 4):

    "Newcrest...will commence a 10,000 metre drilling campaign in the coming months".

    Net assets of approx $40 million.

    Net value outstanding on the $10 million convertible note facility approx $4 million.

    The report also states a 2023 - 2024 target to build to a 3 m oz resource base (Page 7).

    Also note the 10 million buyer has moved from 0.013 to 0.015 last week.

    Above is not investment advice and my opinion only.


    Last edited by SallySet: 30/10/23
 
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