With POG looking to hit and breach all time highs and gold sector sentiment improving as well as divestments and field work upside including Newcrest commencing Mt Coolon campaign,perhaps the SP could treble?
SP 15c=MC $90mill
SP 20c=MC $$120mill
The range of SP15c - 20c makes exercise of options viable.
If oppies look like expiring worthless does management extend as was done with the loyalty options?
Im not sure how many GBZOB’s are held by management?
For the record I would vote YES to extending this series of options and pay the nominal price to extend.
An extension period of 12 month’s minimum would suit me as I consider GBM to be a future Take over target(Newcrest)as the gold sector consolidates with a strengthening POG.
Sunday morning ramble over
With POG looking to hit and breach all time highs and gold...
Add GBZ (ASX) to my watchlist
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