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2.9¢ gindalbie metals ltd

Ann: Gindalbie Executes Farm-in and Joint Venture Agreement, page-14

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albalad

3,612 Posts.

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21/03/17

23:31

Post #: 23526999
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Originally posted by seals ↑

GBG would have known - Torrens have informed STA for consent and would equally have informed GBG. It's too material to risk non disclosure.

Re cobalt. Yes you are correct and the extent of the cobalt at Mt Gunson is sufficient to put more than handy credits into the future economics with Torrens' methods of recovery. This asset may be a 'diamond in the rough' in the right hands.

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Cobalt has been used in the manufacture of quality tool steel for eons - nothing new about it - chinese may be after it to make better quality steel - they are major shareholders in GBG as well.

Last edited by albalad: 21/03/17

GBG Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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