GBZ 0.00% 0.8¢ gbm resources limited

Ann: Strategic Farm-in Agreement with Newcrest in Drummond Basin, page-8

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  1. 274 Posts.
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    Agree with that take. Mt Coolon is the canapes and drinks for Newcrest in the bigger picture. I think GBM will be working through the Yandan geo behind the scenes in the same way they did with Mt Coolon through 2020/2021 - geophysics, historical hits etc. Build up a portfolio of targets and exploration story across the Yandan tenements to draw Newcrest in. Then maybe strike a second, larger, JV with Newcrest for Yandan as the entree, whilst keeping Twin Hills 100% owned by GBM (for the time being). Exciting times ahead.
 
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