A 10% rise on the previous close is not too shabby.I'm fairly...

  1. 407 Posts.
    A 10% rise on the previous close is not too shabby.

    I'm fairly new to GBG but FWIW they seem to have been good at exploration but not so good at converting what they find into profitable production. The sale of Shine seems to recognise this. The cash raised is about 10% of MC, and the SP this morning has risen be roughly the same percentage.

    My read is positive - a step in the right direction, but I'd like to see an acceptable exit from Karara as well.
 
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