GBG 0.00% 2.9¢ gindalbie metals ltd

test the $1.00 mark , page-6

  1. 2,674 Posts.
    the following is my opinion --only--

    gbg s/p has already factored in the 30% blow-out
    also factored in is the anticipated share placement
    the good news hasnt improved the share price
    factors like they are in production (ahead of schedule)
    already into scoping study of expansion to 16mtpa
    well ahead of schedule.(taking advantage of record ore prices)gbg have built a quality mining operation
    some friends of mine built the equipment for other mine in western australia --later having break-down maintenance issues and on-going repair problems .
    as an optomist ,share placement needs to been done quickly
    the cost blow-out doesnt exceed 30%
    and very importantly is that the oakajee port has certainty to it either with the chinese on board or not !
    my preferance is that the chinese do get involved
    money talks ,mmx are out of their leagues having bitten off more than they can chew .
 
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