GBZ 0.00% 1.0¢ gbm resources limited

Ann: GBM confirms extension of gold mineralisation at Twin Hills, page-47

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    The share price needs to recover above 7.5c for those options to be exercised en masse and cash to flow in in November, 10c would just be nice. My options at 7.5c aren't worth anything right now to exercise but if the share price does recover above 7.5c, even if its 7.6c, then I get at least 0.1c back from the option as opposed to 0.

    Given it's touched 7c a couple times in the last week + tax loss selling underway hitting the SP + some good newsflow between now and Nov (lone sister, JORC upgrades, White Dam sale, Smartset finalisation) I am thinking we should see those options exercised..
 
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