GBE 1.82% 5.4¢ globe metals & mining limited

new higher high, page-5

  1. 6,245 Posts.
    lightbulb Created with Sketch. 1563
    Fair call sf120 however it is important to remember a few weeks ago we were trading in high teens with a ML notification due which would have further pushed the sp higher and the other details released all of which has been well discussed.

    Wind the clock forward a few weeks to now and it is fair to suggest we may receive the ML within the next couple of weeks. We have seen some uncertainty return over the past few weeks which has seen sentiment low and the sp traced down but now there is a quick jump as naturally some are trying to get back in or top up again.

    Now that uncertainty - that unknown is becoming clearer - sentiment returning quickly as expected as the trading halt could drop anytime - the announcement itself will remove any concerns (for whatever the reasons the delay it does not matter one bit - the only thing matters is we have a ML in hand) and all focus will be moving forward - that's all markets do is look forward - we experienced a delay - not ideal but we will move on quickly to BFS details - finance - off takes/partnerships - construction timelines etc with sp continuing upwards at each stage of advancement.

    Some here will not hang around - cash in on ML and disappear - some will see this through for longer term higher highs/gains - as for myself - why sell after ML grant after all these years - the next couple of years will yield so much more than the entire past 10+ years. Clearly the project stacks up very well or the company would have walked a long time ago. Anyway we will know very soon on release of BFS details just how well.

    Best wishes to all. Just 4 weeks ago some of us were happily topping up around the 13-15 mark on what we saw as last opportunity and that appears a very good move.
 
watchlist Created with Sketch. Add GBE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.