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mineralised

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09/03/22

12:01

Post #: 60083067
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Originally posted by binwood: ↑

Sentiment is a funny thing. Rewind 18 months and gold stocks were going for $100/oz in ground. Now they are lucky to trade at half that.

We have seen cost pressures, there is no getting around that. Moving forward AISC probably going to be more like $1,500-$1,600 than the $1,200 of old. BUT if we go to $3,700 we are still talking A$2k margins.

Would trading at $150/oz be unreasonable, a mere 7.5% of margins? I don't think so, leaves plenty of juice for capex and discount rates.

We will hit 2Moz in the short term - on the way to 2.5Moz+

So $300m MC should come.

510m shares + c. 100m oppies. Sell WD and no more dilution this year outside that. So lets call it just north of 600m shares.

Once the pip flippers finish and the sentiment tide turns I'll see you at 50c amigo

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good speech, 5/5

GBZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $11.56M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.8¢	$21.41K	2.294M

Buyers (Bids)

No.	Vol.	Price($)
1	13000	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	476208	3

View Market Depth

No.	Vol.	Price($)
8	3256797	0.008
5	1521430	0.007
4	2959962	0.006
2	220000	0.005
2	400000	0.004

Price($)	Vol.	No.
0.010	476208	3
0.011	262000	2
0.012	1500517	2
0.013	2050000	3
0.014	1579815	6

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 0.9¢			Change 0.000 ( 10.0 %)
Open	High		Low	Volume
1.0¢	1.0¢		0.8¢	1527261
Last updated 13.07pm 06/05/2024 ?

GBZ (ASX) Chart

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