GBG 0.00% 2.9¢ gindalbie metals ltd

yes - $1.00, page-26

  1. 1,046 Posts.
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    SDO

    Yes I am aware of the adjustment for grade. As far as Im aware its not exactly 20% but based on the ore content above 62%.

    I am concerned about the paragraph that says all will be reviewed after one year. Its a bit short on detail.

    GBG is not in the hait of releasing much news to retail investors.

    I like Gindalans posts. He always backs his analysis with figures. He has a good long term grasp of the company. AS he says they WERE a good investment a few years ago for retail investors. IN the last few years they have just about doubled their debt, put production back nearly 3 years and doubled the shares on issue.

    Nothing has run on schedule or on budget. Keep posting Gindalan. I like to hear all points of view. You also never get personal as do some others.

    Cheers
    Gmac
 
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