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
Likely need the sale of White Dam at a reasonable sale price and...
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Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $739 | 71.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 741000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1043800 | 3 |
View Market Depth
| Last trade - 14.40pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 33333 | ||
| Last updated 14.10pm 14/06/2024 ? | |||||
| GBZ (ASX) Chart |