GBZ 10.0% 0.9¢ gbm resources limited

Likely need the sale of White Dam at a reasonable sale price and...

  1. 390 Posts.
    lightbulb Created with Sketch. 64
    Likely need the sale of White Dam at a reasonable sale price and in full (no part ownership).
    That will offset the markets negative view of the issuance of convertible notes.

    From memory the 2023 drilling budget is in the order of $7 million. That means we can machine gun the best prospects, especially at depth where the gbz thesis points to the meaty, fat vein part of the hydrothermal syztems. At depth both grade and tonnage are presumed to be that much greater.

    We have a teir 1 asset and a tier 1 management team with skin in the game.

    So yea IMHO gbz can really kick on in 2023
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $10.41M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $720 80K

Buyers (Bids)

No. Vol. Price($)
7 2824353 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 281244 4
View Market Depth
Last trade - 15.14pm 24/06/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.