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 .
GBG Price at posting:
$1.01 Sentiment: Buy Disclosure: Held