GBG 0.00% 2.9¢ gindalbie metals ltd

best asx performer

  1. 871 Posts.
    very spectacular performance from GBG

    very impressive looking sp chart in a long near vertical climb. AWESOME !!

    $2 by august is a given

    imo $3+ when approvals are given to spend the capex

    the market will quickly factor in all the projected cash flows and set a price on GBG up to near its near term true value

    then GBG also has plans to double its operating output when the extra infrastructure at oakajee is in place

    so we will be looking at a $6+ value

    furthermore gbg iron ore project is world class high quality, high value producing, robust income, very efficient operation with a 40+ mining life

    hence a high premium value will be put on GBG giving a future potential $12+ value

    dont trust me check it out !
 
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