GBZ 9.09% 1.0¢ gbm resources limited

Ann: Corporate Update, page-14

  1. Rx-
    240 Posts.
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    All announcements and dates by the company have been pretty accurate so I'm sure imminent will be soon enough.
    And I don't think they will be ramping up production until they have acquired the remainder of white dam. No point in pouring gold if 50% is going to JV. As soon as 1/1/21 comes around I am expecting GBM will be holding 100% of White DAM and the gold will start pouring out. GBM also has plenty of cash to keep everything going, so as a shareholder I would prefer them to keep the gold in the ground until 100% is acquired.
 
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