GBG 0.00% 2.9¢ gindalbie metals ltd

gbg beats ago and fmg, page-42

  1. 8,602 Posts.
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    Hi (major)

    It would be hard seeing total control being diminished.
    The other way to look at it is.
    Better to have 40% of 1 billion tonnes = 400 million tonnes and be assured it will get to production stage,then have 100% control, a resource of 600 million tonnes of average grade iron ore and $2 million in the bank,with no assurance of getting to production.

    I am not saying that GBG only have 1 billion tonnes or 40%,just an example.

    Regards
    Westcott.
 
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