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1.52%

6.5¢ great boulder resources limited

The previous catalysts were enough reason to drive this to...

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AveragingDown1

339 Posts.

54

30/01/24

19:56

Post #: 72142897
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Originally posted by hongkie: ↑

NST paid about $170 an ounce for a project at STK last year, if my memory is right. Anything close to that (a similarly stranded resource, bought by the nearest producer) would be great.

But if this is really the path that GBR is expecting to take, I don’t understand why WGX would simply wait for 1m ounces to be reached and then pay a much higher price in a years time when it could probably offer 15 cents this month and get the same outcome.

Maybe the lead shareholders at GBR would resist a takeover at those levels, but I don’t think they have enough equity to dictate the outcome.

I think GBR is good buying at current levels, but there will need to be some major catalysts to get the price to some of the higher numbers now being talked about.

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The previous catalysts were enough reason to drive this to 30c.
Biggest issue that remains is time to action vs cash runway.
GBR need to come out with a plan of attack for people to appreciate value.

GBR Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change -0.001(1.52%)		Mkt cap ! $39.03M

Open	High	Low	Value	Volume
6.3¢	6.5¢	6.2¢	$43.83K	682.0K

Buyers (Bids)

No.	Vol.	Price($)
1	95000	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	180660	1

View Market Depth

No.	Vol.	Price($)
1	95000	0.061
3	50000	0.060
2	140000	0.059
2	300000	0.058
2	210000	0.057

Price($)	Vol.	No.
0.065	180660	1
0.066	591062	2
0.067	267892	2
0.068	198000	3
0.069	150000	1

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 6.5¢			Change -0.001 ( 3.17 %)
Open	High		Low	Volume
6.2¢	6.5¢		6.2¢	100317
Last updated 14.01pm 15/05/2024 ?

GBR (ASX) Chart

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