GBE globe metals & mining limited

The plan for phase 1 is pretty much unchanged but there are a...

  1. 1,166 Posts.
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    The plan for phase 1 is pretty much unchanged but there are a few things of concern

    To complete phase 1 to the schedule the affected people would have to be moving now but nothing for some time has been available on that. I guess its sensitive but if they are not on the move then the schedule wont be met.

    Payback is now 6.6 years from the previous 18 months, I guess that was inevitable with phase 2 being 90% of production.

    Nothing in the presentation on how they plan to raise the 240m US for phase 2. If either of the top 2 where going to front up I would have expected to hear by now as that would have given the sp a push. The revenue from phase 1 will cover the 15m loan but not much else so I feel they need a new major investor.

    This remains on my watch list and I plan to reinvest if the future becomes clearer.


 
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Last
4.5¢
Change
0.001(2.27%)
Mkt cap ! $31.25M
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4.4¢ 4.5¢ 4.4¢ $13.37K 303.7K

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4.5¢ 271246 3
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Last trade - 10.09am 29/07/2025 (20 minute delay) ?
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