GBG gindalbie metals ltd
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gbg will survive for now, page-8

  1. gonegassed
    13,783 Posts.
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    21/03/14
    16:29
    Post #: 13158444
    GBG cheaper is better for me.

    so ill add at 5c to average down .

    as i believe GBG will survive, pay down debt, sp will make a big comeback when we get the Ansteel Loan agreement for the KML Nameplate Upgrade to 10m tons.
    cash needed =$200m total with $65m net needed from GBG .

    Ansteel will swap the KML cash/capital obligation with GBG for more KML shares, which i think is FAIR !!!

    2015 should see all these issues behind us.. as we move onward towards 10m tons .. with 3.8m tpa net to GBG with its 38% share of KML.

    GBG Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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