GBG 0.00% 2.9¢ gindalbie metals ltd

lowest share price in over 7 years, page-34

  1. 212 Posts.
    I think he is saying that at this stage the money coming in is pure cashflow that can be used to pay down debt or used for operational needs. It's not like we will get 120 and deduct 90-100 for digging it up. our cashflow will be 120 x tonnes shipped rather than 20 x tonnes shipped and this is only for the short Term until production rampps up. And everyone is complaing about short term ramp up cost this 60-90 mil can be used for that

    I originally bought years ago at 40 and took up all CR took some small profits at 1.20 but kept most of it for production average 72. Cents which was its 52 week high!!! Great Xmas present NOT. Yes we all made the decision to hold based on io prices and close to production timelines. blowouts and all an IO price f 140-150 still makes this profitable IMO
 
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