GBG 0.00% 2.9¢ gindalbie metals ltd

Ann: Quarterly Cashflow Report , page-5

  1. 1,046 Posts.
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    UBS just put out a report rating GBG at $0.01 per share. They also have earnings at -$0.04 per share right through to 2018.

    Basiclly said GBGs predictions havent met targets so far and probably will continue to happen.

    Seems a lot of the ore being shipped is third party ore and only covers fixed costs (port fees, train etc). Doesnt include any profit for GBG.

    Not what I wanted to hear but probably realistic. Tred carefully.

    Cheers
    Gmac
 
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