GIB 1.14% 4.4¢ gibb river diamonds limited

GIB - Diamond in the rough, page-502

  1. 8,292 Posts.
    lightbulb Created with Sketch. 581

    Looks to be all go, Elendale now has certainty and it looks like a few new projects will be appearing.
    JR has a history, like the Railway Iron Ore deposit he pegged and flogged off for over $200mill to BHP.
    Even Blina and Ellendale he has pretty much pegged them both, at basically no cost to shareholders. They had a combined mcap of over $650mill for the same ground in 2005, that's the sales pitch but they are conservatively worth multiples of the current mcap.


    Recent News:

    https://mining.com.au/gibb-river-shares-climb-almost-80-after-diamond-mining-licences-secured/

    https://www.mining.com/past-producing-yellow-diamonds-mine-in-australia-set-to-reopen/

    Behind a pay wall
    https://www.businessnews.com.au/article/Gibb-River-Diamonds-closes-in-on-restart-of-Ellendale



    Last edited by HotRods65: 23/05/24
 
watchlist Created with Sketch. Add GIB (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
-0.001(1.14%)
Mkt cap ! $9.201M
Open High Low Value Volume
4.4¢ 4.4¢ 4.4¢ $1 23

Buyers (Bids)

No. Vol. Price($)
1 2900 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 203426 2
View Market Depth
Last trade - 13.09pm 14/06/2024 (20 minute delay) ?
GIB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.