GBZ 0.00% 0.9¢ gbm resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-18

  1. Rx-
    240 Posts.
    lightbulb Created with Sketch. 169
    I really don't think the price tag is a great representation regarding the value of the asset. Just look at GCY's purchase of Melville for ~$30million (196oz @ 1.5g/t) and it's still not in the mine plan. Even BCN's purchase of MacPherson Reward for $14 million (203oz @ 1.15g/t) is a heavy price tag compared to twin hills: (Au [email protected]/t, Ag 1.39moz @ 3.4g/t) and more than half is in the measured and indicated. Just beware of anchoring bias, and I am sure the market as a whole is experiencing it valuing Twin Hills as a part of GBZ - “Anchoring is a cognitive bias in which the use of an arbitrary benchmark such as a purchase price or sticker price carries a disproportionately high weight in one's decision-making process.

    ?temp_hash=a3cad8e681e6a7b3149edbc512c36297
    GBM: $3.48mill

    ?temp_hash=a3cad8e681e6a7b3149edbc512c36297
    GCY: ~$30 million

    ?temp_hash=a3cad8e681e6a7b3149edbc512c36297
    BCN: $14 million
    Last edited by Rx-: 30/04/22
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $10.41M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $225 25K

Buyers (Bids)

No. Vol. Price($)
8 2819520 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 156665 1
View Market Depth
Last trade - 13.28pm 19/07/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.