why hasnt t2 been drilled yet?, page-4

Wobbles,

I don't know why the TU didn't show, it "accepted" it, but then didn't show it -???. Bigger problems in the world I guess.

I don't want to appear blindly bullish towards GBZ -I share pears cynicism towards ASX regulators and suspicion towards companies in general (ERJ, NBS)

We have every reason to question delayed results (if we know for sure they are delayed) and sudden SP movement before results (MAH).

Despite the promising drilling results, ATM the market is not interested unless you have something to dig out of the ground today.

My thoughts are that GBZ has been sold down on small volume in the last month, and a longer term VWAP will indicate a more realistic value.

Of course that won't help if you need to cash in your biscuits today ...but it might help if you can ignore the current SP and wait for a better general market sentiment and better drilling results.

Still a small market cap with good future potential, small admin cash-burn and results that indicate future potential (possibly huge) from:
- Malmsbury
- Brightlands
- Phosphate
- PAN agreement



Cheers,


John S.