GIB 0.00% 4.0¢ gibb river diamonds limited

Lollie, I tend to disagree- I think it’s a smart move to...

  1. 295 Posts.
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    Lollie, I tend to disagree- I think it’s a smart move to crystallise one of the three main assets the company holds. In fact, I hope they soon sell the Phosphate asset for 3 mill cash - as well.
    Otherwise, going forward, they will just need to raise more money via liquidation of more shares to the register.
    As a shareholder its nice that this has not happened so far!
    Other than the recent Cap Raise to “get in” prior to the first drilling for gold.
    If there is upside in this recent drilling programme- there is probably no need for liquidation In the long term.

    Things are going well
    It’s Gold !!!’

 
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