Exactly right. I'm currently putting all the cash I can spare back into GBG at these levels. They have a continuing exploration program of about $5mp.a isn't it? I assume this will only rise once we have an income stream from Mungada and then Karara.
We will see a huge share price if Karara and Lodestone (assuming it is a 1 billion + tonne resource) hit production at a combined 30 to 40mtpa.
There is to much potential upside with Karara and Lodestone, espicially with the closeness of the projects. Lodestone can easily use the infrastructure from Karara which is fantastic.
I assume the majority of us won't see green until EPA or finance were it should level out around $2 to $3, i hope.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
