Look at the market caps of other explorers such as mmx and mis and then compare them to gbg.
Gbg has a lot of run left in her legs yet.
Once EPA approval is given and if the rail link to karrara allows for the increased tonnage per year then Gbg will have a market cap of comparision to it's peers in the industry.
Also GBG is ahead of most of the pack with the exception of the Ago's etc Once the upgraded resource figure comes out and the increased output is confirmed Gbg will be revalued to where it should be.
Which in my view should be a market cap at least in line with it's peers..... And thats a strong emphasis on AT LEAST in line.....
That valuation dosn't include exploration upside either.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held