100k seller constantly pops up, i assume its ANZ offloading its remaining shares. ANZ couldn't care about the "potential" of GBG, they simply need to sell.
Well Karara should be conservativly valued at over $4 alone with a 2.5 billion tonne resource, which means $2 for GBGs part. We are undervalued :) Check out BBY's broker val on the GBG website. This was based on a 8mtpa magnetite operation and a 1.43 billion tonne resource at Karara. They didn't assign much value to the potential of other projects. IMO they were very prudent.
I don't think anything to exciting will happen before June/July, unless a broker report comes out. Although I could be wrong.
I can't wait for October, so much to come!
DYOR
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
