These type of shares always a risk (undoubtedly ) but once we get to mar/april next year we will know if the loan liability hanging over GBG will be reduced substantially !!!!
That aside this company still has $ 37,000,000 in the bank option to take up copper/cobalt scenario ( strong price upside predicted with both of these ) and then as an add on substantial share holding in a multi billion dollar high grade iron ore operation .
As I have said we need to wait till march/april and the story will unfold either way !!!!
Like all shares its whether to we take the risk to position ones self early ??? higher risk / higher profit
LIFES GOOD ENJOY THE RIDE -)-)-)
GBG Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held