GIB
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11.1% 4.0¢ gibb river diamonds limited

GIB's balance sheet is sound with very good potential for each...

  1. Montysaves
    293 Posts.
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    30/09/22
    17:56
    Post #: 63972079
    GIB's balance sheet is sound with very good potential for each project/activity to deliver significant uplift in SP/MC in FY23.

    GIB must be the only (or one of a few) ASX explorers that was self funded in past 12 months and on a look forward this appears to be so for FY23.

    Balance sheet & self funding capacity are great reasons to accumulate (T20 have in the main done so) especially if you have strong belief in your ground/strategies (some 100% owned or in JV or potential JV discussion or under conditional sale contract).

    Looking forward to some SPECIAL outcomes in FY23 and hopefully news of a PHOSPHATE JV to kick start Q2 and positive results from EDJUDINA & ERAHEADY.


    GIB Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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4.0¢ 		Change
0.004(11.1%) 		Mkt cap ! $8.460M
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3.8¢ 4.0¢ 3.7¢ $1.983K 53.31K

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4.1¢ 102040 1
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