Thanks Kat for being on top of the GBB story and updates...great posts as well and keep up the great work.
So if we have 4,000 metres more to go that means it has taken just about 4 months to drill 16,000 metres. The Phase 11 drilling program started May 2nd if memory serves me correctly.
So it is going to take another month approximately to complete the 4000 metres left in Phase 11.
I remember in one of the emails awhile back where Roger had mentioned that they would have to go to the market hopefully at a higher price to raise more capital to do the Phase 111 drilling program.
Again if memory serves me correctly he said sometime in September.
What a great time to release a whole bunch of powerful assays results that would get the share price a rocking to all time new highs and then do a pp while the market is hot.
In my opinion only--Frank and his team could do a pp within the next month for $1.00 to $1.50 if the results come in really good.
My thoughts only again here--I think when Frank and Roger were doing their tours in different parts of the world, they were discussing the pp for Phase 111.
Remember Frank has been doing this business for 20 plus years--there is a European connection--just like our friends to the east OSK that got big European funds behind them to carry the ball all the way...
The next four months are going to be a game changer for GBB and it's shareholders.
All the best to everyone...
mintaka