GBZ 0.00% 0.9¢ gbm resources limited

Ann: Capital Raising Update, page-7

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    Yes, executive have tipped in funds which I like for sure however raisings at lower lows isn't what we want & the capital reserve always seemingly being 'just enough' to get us through in the short term isn't an ideal way to manage things. Again, raise sufficient amounts when you can at better historical pricing to minimise the quantum of new shares on issuance. It's easier for business planning having a capital buffer rather than always rattling the tin for crumbs & it's better obviously for shareholders if the SOI are kept to a minimun.
    Capital management is hugely important to future shareholder returns....it's not just about getting the drilling campaigns right.
 
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