In the last quarterly report the company hinted on an agriculture acquisition, mentioned about China/Australia.
My guess is phosphate, would compliment their other mining interests,not too sure .
But it's trading market cap of $9 million with $14 million cash.
I notice some major buy interest late in the day today.
Holding a small parcel, but plan to take a bigger holding prior to an announcement.
Should create some decent interest at these levels.
$14 million cash Phosphate acquisition??
Add GBE (ASX) to my watchlist
