So exactly how much debt and contingent liabilities do u reckon GBG have now .....?
Its hard to read too many positives or reliable timelines into the stuff GBG pulish.
Ref Karrara ....it would b good if they put out more detail on the project ....particularly relating to known perfomsnce metrics as might effect a perceived valuation of the asset.
As well as some comnent on their balsnce sheet .
As l've said before l think the mansgement of GBG are ptetty much in caretaker mode ...and very comfortable living off the cash pile .
That may not be a bad thing ....as there is not much thry can chsnge right now ...until IO price really does get back up there .
As regards Mt Gunson ..... theoretically it sounds like a decent prospect. It will rewuire a lot of capital ....if it ever gets off the ground . But yes good to read about the progress .
Not sure what imminent means in GBG talk ( lol )
Cheers
VA
GBG Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held