GBZ 0.00% 0.8¢ gbm resources limited

Very pleasing SP movement from the past few weeks with the stock...

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  1. 558 Posts.
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    Very pleasing SP movement from the past few weeks with the stock gaining over 55% since the SPP.

    With these assets, the stock should be valued somewhere around 50-60m easily. Once a cashed up cornerstone investor or tier 1 partner shows up and the convertible notes are gone, market cap should be over 100m+ at around 8c SP.

    I am happy i participated in the last raise & I could help the company to improve its not so stellar liquidity situation. Hopefully, there won't be any extremely dilutive raises around these price levels ever again.
    Last edited by csadeev: 19/04/24
 
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