yet another nice deal.
Approximately $535k - $540k in the bank.
More importantly, they have or will issued 750,000 shares in $CUR.TSXV at $2.85 per share. Thats to the value of $2.13M. Not sure if this is in AUD or CAD. I think it might be AUD as the vwap for $CUR.TSXV (https://consolidateduranium.com) should be around there based on where it's trading.
Important because it gives GBZ.ASX exposure to a very hot space "Uranium" and their financials look quite healthy. This from their latest investor presentation:
Location of some of their projects:
Great locations IMO. Especialy with Biden trying to get off Chinese dependencies for their minerals, especially minerals relating to clean energy. And guess who they depend on at the moment for some of their Uranium, Russia ;-).
A nice little article on the verge was published in the last month about the US dependencies on Uranium and how they are trying to get off the Russian supply.
https://www.theverge.com/2022/3/31/23003494/war-ukraine-nuclear-energy-uranium-russia-supply-chain
Nice work yet again from first-class management at GBZ.
AIMO, DYOR.
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