GBZ 0.00% 1.0¢ gbm resources limited

The fact that directors chipped in with 462k from their own...

  1. 551 Posts.
    lightbulb Created with Sketch. 266
    The fact that directors chipped in with 462k from their own money and people close to CSM also bought in gave me enough confidence to apply for a small parcel. After the allocation, i can push down my avg price to 2.5c, which i think is still a fairly attractive price point from a valuation perspective (c.a. 18m market cap on 2.5c).

    From time to time, I check GBZ's latest drill hits and JORC resource just to make sure i haven't lost my mind when I am thinking about investing more money into this company. After I check the drill hits again and again, I still believe it's a very lucrative project and you don't usually find 900k oz open pittable low strip ratio resource on 1.1g/t headgrade. Twin Hills is still a beast in my eyes. I am stunned how this is not at least a 50m market cap company, but hopefully we will have an entirely different conversation at the end of 2024. Good luck everyone!
    Last edited by csadeev: 16/01/24
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $11.56M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1710777 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 262000 2
View Market Depth
Last trade - 16.12pm 10/05/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.