gindalbie metals - a rational analysis , page-40

Is it really stupid to suggest that GBG is unlikely to survive?

The market cap around $250 million tells me that the billions of dollars pumped into this project have been wasted. Just the plant would be worth more than that I suspect. Why is GBG valued at less than its plant?

There are explorers with higher market caps. Not even producing a cracker and yet valued more than GBG.

Mr Market is expecting GBG to fail.

Don't ignore the writing on the wall, or say it is "stupid". Many bigger companies have gone under, what makes GBG bullet proof?