24,000 Oz Au = $129,600,000 (AUD) based on Current Gold...

24,000 Oz Au = $129,600,000 (AUD) based on Current Gold Prices.

Running a gold mining business involves significant upfront costs, from acquiring the necessary mining rights and permits to investing in the equipment and infrastructure required for extraction and processing. However, the ongoing operational expenses are equally critical to the long-term viability of the operation.



Question : will GIBB be able to go it alone? or will it need a JV?
Capital raising seems to be on the cards, but what will the price be? will existing holders get a "discount" on new shares?

Yes, exciting times ahead, just hope Jim and team make the right call from this point foward.

V