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10.0% 0.9¢ gbm resources limited

Ann: Strategic Farm-in Agreement with Newcrest in Drummond Basin, page-5

  1. CORNBRED
    262 Posts.
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    21/10/22
    09:19
    Post #: 64313777
    so true, i didnt think much of coolan, small piece of the drummond pie. the fact newcrest willing to spend up to 25m drilling it makes the 25% they would leave to gbm worth around 8m by newcrests valuation?

    would newcrest also be interested in yandan and twin hills? for this reason alone i am buying back in today 50m for newcrest is pocket change and gbm is only at 20m mcap, good potential for 2+ bag from here in next 1-2 years
    GBZ Price at posting: 4.1¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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