GBZ 0.00% 0.8¢ gbm resources limited

what will move the share price

  1. 231 Posts.
    lightbulb Created with Sketch. 58
    The Company Presentation and previous announcements have indicated that at Milo, GBZ has an IOCG Deposit. So what next for Milo.
    IMO all that remains is will it be commercial, ie what is the grade and what is the tonnage? How long will it take for the market to anticipate this? The full results from recent drilling at milo will help considerably.

    If the same 6 minerals are found to be present at T2 and Magpie, then I think the SP will gain some real traction.

    Good results from Grassybore will help support any rise in the SP. It is early days at Grassybore but good results there may fire up PPC to enter the market.

    But maybe the biggest influence might still be nearology with all the activity to the north of Brightlands. Particularly if it is takeover activity.

    All IMHO

 
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