Hey Zoid and monkey B,
Yes it's been a tough road for GBZ holders.
I see this last lot of shares won't list until after September -so hopefully we have some gold production by then. If so, that will have shown the market that we can complete a project and should give some confidence as well as NPV calculations that I agree should equate to a SP of around 10c for the tailings dam and 20c providing a reasonable resource is defined from the pits.
At least we have the stability of a bit of cash in the bank and it seems like some reassessment of our strategic direction.
Cheers,
SJB
Ann: Capital Raising Update and Board Changes, page-5
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