GBZ 11.1% 1.0¢ gbm resources limited

Ann: $3.1 Million Funding Agreement , page-38

  1. 446 Posts.
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    Congrats Peter, To raise $3.1 million in a spec stock in this market is a huge achievment.Its interesting the quality of your Singapore investors.Unlike the Aussie sharetrader we want profit as soon as we buy into a company but Singapore / Chinese and other Asian investers do their homework and take the long term view. Like the JV with Mitsu,millions on exploration, you are getting some huge support from the right people who will count at the end of the day.
    Yes its a bit long coming thats the scoping study and the Cu equiv resourse but most investors have no idea what has to be done to get a properly eduacated result and that you are also relying on third parties , but it would be good to be continually informed good or bad.
    Good to see the phosphate deal back in the company.
 
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