IMO it’s just GBE’s sovereign risk. Once the MDA is granted l see no reason why GBE wouldn’t have a dramatic SP rise similar to WA1.
If anything we’re already have a JORC for the 4th largest Ni mine in the world, PFS competed with an updated PFS in advanced stage coming very soon, plant layout is in advanced planning stage and one would have to think that finances are already known to the company. The mine is profitable at 90,000t when it’s transitioned 1.5m/t it’s incredibly profitable.
Just need the MDA to be signed…………….
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $38.52M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 6.1¢ | 5.7¢ | $4.104K | 71.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65463 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 300000 | 2 |
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| Last trade - 15.59pm 04/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
-0.001 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.7¢ | 5.7¢ | 14738 | ||
| Last updated 13.11pm 04/06/2024 ? | |||||
| GBE (ASX) Chart |