GLB
Goldbank Mining Corp
Position levels
Currenttoday
CAD 0.25
Buy <=wait / entry
CAD 0.09
Trim >=take some off
CAD 0.18
Thesis breakThe investment thesis would be invalidated by a definitive drill programme that ...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 20% | 100 / 100 | 20.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 32% | 10 / 100 | 3.2 |
| Weighted conviction | 53 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- Exploration risk: drilling returns no significant mineralisation or intercepts insufficient to define a resource
- Financing risk: entirely dependent on equity capital markets with potential for dilutive financings
- Market liquidity risk: CAD 10 million market cap with poor liquidity and wide spreads