Hi Pro,
Yes i am looking forward to them announcing what phase 5 drilling looks like. The assumption is they will go even deeper and I very much look forward to that announcement to hear what the plan is. I think that is what the market is waiting on. It wants something to look forward to.
I don't disagree that the company is undervalued. I think at these prices it's a nice stock to accumulate if your time frame for investing is 1+ years.
However in the short term let's say the next 3 months it's reliant upon STK's results and progress at the diamond mine which should be producing late 2022 so still a while away but it's a tasty royalty to have up your sleeve.
I guess as someone who is closely watching this stock for their gold progress which looks incredibly prospective you just want to hear what the plan is. Phase 4 drilling completed end of May and we are at the start of August now so hopefully an update on this front is coming very soon.
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gibb river diamonds limited
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.009M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 174622 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.033 |
1 | 160000 | 0.031 |
1 | 50000 | 0.030 |
1 | 29000 | 0.028 |
1 | 50000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 174622 | 1 |
0.044 | 25000 | 1 |
0.047 | 39000 | 1 |
0.049 | 32000 | 1 |
0.050 | 156162 | 2 |
Last trade - 16.21pm 29/07/2025 (20 minute delay) ? |
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