GBZ 0.00% 1.0¢ gbm resources limited

Ann: Strategic Farm-in Agreement with Newcrest in Drummond Basin, page-25

  1. 34 Posts.
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    cheap call option for newcrest for a good prospect but gold price needs to go up to move to next step after 2m. 2m wont get much done. if gold price goes up, then partnership goes through. im betting we have <6 months to wait for the momentum in gold to change. gives gbm some breathing room and allows focus.
 
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