GBZ 0.00% 0.8¢ gbm resources limited

Ann: Acquisition of Yandan Gold Project and Conditional Placement, page-25

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,194 Posts.
    lightbulb Created with Sketch. 264
    I cant help, but the historic Yandan drill results with 283m/2,8gAUt and 164m/1,95gAUt remembers me to Greatland Golds Havieron.
    And as i just posted words from a friend:

    The project acquisition from Yandan is extremely advantageous and increases the value of the share and the district focus immensely.

    The management is consolidating here the historically known district, which in the early 1990s was enormously profitable even with the relatively weak gold prices and enabled high free cash flows.
    convincing is the extremely low takeover price of AU$ 3 million in shares for 400,000 ounces.
    That is not even $6 per ounce and that is also oxide gold, which can be easily extracted with "leaching" and the exploration potential was not even touched upon here.
    This deal is worth 50 mln AUD alone.

    GBZ going huge.

 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $9.253M
Open High Low Value Volume
0.9¢ 0.9¢ 0.8¢ $57.73K 7.192M

Buyers (Bids)

No. Vol. Price($)
7 5095838 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1050000 2
View Market Depth
Last trade - 11.22am 13/11/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.