GBG 0.00% 2.9¢ gindalbie metals ltd

federal approval, page-10

  1. 5,258 Posts.
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    Finally!!!! Very happy. Although we all knew it was to come.

    Resource upgrade not require Harlee, GBG has scaled back on all exploration activities and focusing on Karara production. A resource upgrade wouldn't do anything to the share price and is not required for the project to move forward, as we have a 30+ year mine life at 30mtpa. It is more about the logistics and capital of getting to 30mtpa than the size of the resource at this point.

    GBG will be a solid performer over the next 2 to 3 years as Karara becomes a reality. A great long term buy for a significant long life project with a premium product.

    On another note has anyone managed to download the GBG broker reports? The website has been updated, however it appears a lot is not functional.
 
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Currently unlisted public company.

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