GBZ 0.00% 0.9¢ gbm resources limited

Operating costs are down to about 400k a month I believe. Cash...

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    Operating costs are down to about 400k a month I believe. Cash plus C29 shares and copper con will likely be at say 4m by end of the quarter.

    white dam sale could bring in a $3m?? and with a rising gold price should help close a deal. They have been working on this for sometime so this could starve off a CR for a another 6 months. By then NCM drilling is underway/done.

    On another note, our novo stock plus cash from the sale when completed now valued at closer to $3m.

    Mt Morgan and Cloncurry divestments moving too I suspect ($2-3m)?

    no rush for a CR but got to keep things moving
    Last edited by boy1: 24/03/23
 
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